[Sumitomo Mitsui Financial Group, Inc.]Notice regarding Reset of Price for Exercising the Right to Request Acquisition of Type 2 Preferred Stock(1/1)
Sumitomo
Mitsui Financial Group, I nc. Financia l Group, Inc.
Notice
regarding Reset of Price for
Exercising the Right to Request Acquisition of Type 2 Preferred Stock
Establishment
of Limit for Repurchasing Capital Stock
(Establishment
of Limit for Repurchasing Capital Stock pursuant to
the
Provisions of Article 210 of the Commercial Code of Japan)
May 10 24 ,
2006 ---
Sumitomo Mitsui Financial Group, Inc. Financial
Group, Inc. (SM FG FG , President and CEO : Teisuke Kitayama ) Yoshifumi Nishikawa ) hereby announces that , the price for exercising the
right to request acquisition (the “Acquisition Price”), formerly called the conversion price , with respect to its Type 2 Preferred Stock (the “Preferred Stock”) will be reset as described below in accordan ce with the terms and
conditions of the Preferred Stock. SMF G’s Board of
Directors resolved at a meeting today to propose the establishment of a limit
for repurchasing SMFG’s capital stock, pursuant to the provisions of Article
210 of the Commercial Code of Japan, at SMFG’s annual general shareholders’
meeting to be held June 29, 2005. This proposal is subject to the approval of
each class of stockholders of SMFG, pursuant to the provisions of Article 222,
paragraph 11 and Article 346 of the Commercial Code of Japan.
PARTICULARS
1. Acquisition Price after the Reset JPY 1,156,700
( Acquisition Price before the Reset JPY 942 , 5 00)
2. Effective Date August 1, 2006
This
“Notice regarding Reset Establishment of Limit for Repurchasing Capital
Stock (Establishment of Limit for Repurchasing Capital Stock pursuant to the Provisions
of Article 210 of the Commercial Code of Japan) of Price for Exercising
the Right to Request Acquisition of Type 2 Preferred Stock ” is published in order to
publicly announce the facts herein described, not to solicit anyone into making
any investment in or outside of
