News Releases


Notice regarding Reset of Price for Exercising the Right to Request Acquisition of Type 2 Preferred Stock(1/1)

Sumitomo Mitsui Financial Group, Inc.

Notice regarding Reset of Price for Exercising the Right to Request Acquisition of Type 2 Preferred Stock

TOKYO, July 10, 2006 --- Sumitomo Mitsui Financial Group, Inc. (SMFG, President: Teisuke Kitayama) hereby announces that the price for exercising the right to request acquisition (the gAcquisition Priceh), formerly called the conversion price, with respect to its Type 2 Preferred Stock (the gPreferred Stockh) will be reset as described below in accordance with the terms and conditions of the Preferred Stock.

PARTICULARS

1.Acquisition Price after the Reset JPY 1,156,700

(Acquisition Price before the Reset@JPY 942,500)

2.Effective Date@August 1,2006


This gNotice regarding Reset of Price for Exercising the Right to Request Acquisition of Type 2 Preferred Stockh is published in order to publicly announce the facts herein described, not to solicit anyone into making any investment in or outside of Japan, nor for any other similar purposes.




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