[March 17, 2013]

Panasonic Comments on Media Reports about Its Businesses

Panasonic (News - Alert) Corporation (NYSE:PC)(TOKYO:6752)("Panasonic") today commented on certain media report about its businesses which include TV usiness. The media report is not on any official announcements by Panasonic. Though the Company has been studying various plans for the strategy of the businesses, nothing has been decided.

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