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May 14, 2008

Panasonic Donates for Earthquake Victims in China

Osaka, Japan - Panasonic, the leading brand for which Matsushita Electric Industrial Co., Ltd. is best known, today announced the company's total donation of RMB 10 million (approximately US$1.5 million) to aid victims and those areas affected by the major earthquake that struck Sichuan, China on Monday.

As an immediate aid to the disaster relief, Panasonic China has already contributed RMB 500,000 (approximately US$75,000) to the Red Cross Society of China.

Panasonic and its employees express their deepest sympathy and condolences for victims of the Sichuan Earthquake and sincerely hope for the quick recovery of the people and areas in China affected by the disaster.

About Panasonic

Best known for its Panasonic brand name, Matsushita Electric Industrial Co., Ltd. is a worldwide leader in the development and manufacture of electronic products for a wide range of consumer, business, and industrial needs. Based in Osaka, Japan, the company recorded consolidated net sales of 9.07 trillion yen (US$90.52 billion) for the year ended March 31, 2008. The company's shares are listed on the Tokyo, Osaka, Nagoya and New York (NYSE:MC) stock exchanges. For more information on the company and the Panasonic brand, visit the company's website at http://panasonic.net/.

Media Contacts:

Akira Kadota, International PR
Tel: 03-3578-1237 Fax: 03-3436-6766
Panasonic News Bureau
Tel: 03-3542-6205 Fax: 03-3542-9018
*The content in the following news releases is accurate at the time of publication but may be subject to change without notice. Please note therefore that these documents may not always contain the most up-to-date information.

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