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Panasonic Announces Withdrawal of Shelf Registration in Japan for Future Equity Offerings

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  Published in House and Home on Thursday, October 7th 2010 at 4:22 GMT by Market Wire
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OSAKA, Japan--([ BUSINESS WIRE ])--Panasonic Corporation (NYSE:PC)(TOKYO:6752)("Panasonic") today announced that it withdrew the shelf registration in Japan for offerings of shares of common stock that was described in "Panasonic Announces Shelf Registration in Japan for Future Equity Offerings" announced on July 29, 2010 (the "Shelf Registration").

"Panasonic Announces Shelf Registration in Japan for Future Equity Offerings"

2. New shares already issued under shelf registration

None

3. Reason for withdrawal of shelf registration

After taking into account, among other factors, the results of the tender offers by Panasonic for the shares of common stock of Panasonic Electric Works and SANYO published today in the press releases, "Panasonic Announces the Results of Tender Offer for Panasonic Electric Works Shares" and "Panasonic Announces the Results of Tender Offer for SANYO Shares", Panasonic has concluded that it will not conduct any public offerings of shares of common stock under the Shelf Registration.