News Release


[Sumitomo Mitsui Financial Group, Inc.]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 gNotice regarding Completion of Public Fund Repaymenth 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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