This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. Sumitomo Mitsui Financial Group, Inc. assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from the translation.

Sumitomo Mitsui Financial Group, Inc.

Notice regarding Determination of Terms and Conditions for Issuance of

the Stock Compensation-Type Stock Option (Stock Acquisition Rights)

Tokyo, August 13, 2010 --- Sumitomo Mitsui Financial Group, Inc. (the “Company”) hereby announces that it has determined the remaining terms and conditions for issuance of the Stock Acquisition Rights, resolved by the Board of Directors held on July 28, 2010, to be allotted to Directors (excluding Outside Directors), Corporate Auditors (excluding Outside Corporate Auditors) and Executive Officers of the Company and Sumitomo Mitsui Banking Corporation (“SMBC”), a subsidiary of the Company, as follows.

1. Maximum number of stock acquisition rights    1,026

2. Issuance price of the stock acquisition rights     221,500 yen per stock acquisition right（2,215 yen per share）

The monetary remuneration claims of the person who will be allotted the stock acquisition rights against the Company and their obligations to pay for the allotment of the stock acquisition rights will be offset.

3. Persons to be allotted stock acquisition rights, number of persons, and number of stock acquisition rights to be allotted