Notice regarding Completion of Public Fund Repayment(1/1)

Sumitomo Mitsui Financial Group, Inc.

Notice regarding Completion of Public Fund Repayment

TOKYO, October 20, 2006 --- Sumitomo Mitsui Financial Group, Inc. (SMFG, President: Teisuke Kitayama) hereby announces the completion of settlement with respect to the acquisition of its own common stock in the market as released on October 17, 2006. As a result, SMFG has today completed repayment of all the public funds provided.

We would like to express our sincerest appreciation for the support in the form of public fund provision since March 1998.

Confirming again our social responsibilities as a financial institution, all of us at SMFG, the directors, officers and employees, will make every effort to become a financial services group with the highest trust of our customers, our shareholders, the market and society.

We look forward to your continued support.

(Reference) Repayment History of Public Fund Preferred Stocks

			(Billions of yen)
	Amount repaid		Cumulative amount repaid
		Initial amount provided		Initial amount provided
Nov. 2004	267.7	201.0	267.7	201.0
May 2006	275.9	204.0	543.7	405.0
Sep. 2006	245.1	201.0	788.7	606.0
Sep. 2006	653.0	450.0	1,441.8	1,056.0
Oct. 2006	222.2	195.0	1,664.0	1,251.0
Oct. 2006	76.8	50.0	1,740.8	1,301.0

• (Note 1) Amounts repaid refer to amounts paid by SMFG in exchange for its own stocks acquired.
• (Note 2) In addition to the preferred stocks above, JPY200 billions of public funds were provided in the form of subordinated bonds, though such bonds were fully repaid in the past.

This “Notice regarding Completion of Public Fund Repayment” 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.