Osaka, Japan, December 21, 2009 - Panasonic Corporation (Panasonic [NYSE symbol: PC]), today announced that at the Board of Directors’ Meeting held on December 21, 2009, the following management changes were made, effective December 21, 2009, and February 1, 2010. Please be also informed that at the Board of Directors’ Meeting of SANYO Electric Co., Ltd. (SANYO) held on today, appointments of managements were approved as follows.

1. Resignation of Director, Member of the Board (Effective January 31, 2010):

   Title	Name	Responsibilities
   Executive Vice President	Susumu Koike	To be appointed Corporate Advisor, Panasonic Corporation.

2. Responsibility of Directors, Member of the Board (Effective February 1, 2010):

   Title	Name	Responsibilities
   Managing Director	Junji Nomura	In charge of Technology

3. Appointments of Management at SANYO (Effective February 1, 2010):

   Title	Name	Responsibilities
   Senior Executive Vice President	Susumu Koike	General Manager of Corporate Planning H.Q.
   Executive Vice President	Junji Esaka	Head of Consumer Business
   Senior Vice President	Kenjiro Matsuba	General Manager of Finance H.Q.
   Corporate Advisor	Takae Makita
   Corporate Advisor	Yoshinobu Sato

4. Responsibility of Executive Officers (Effective December 21, 2009):

   Title	Name	Responsibilities
   Executive Officer	Masaaki Fujita	Director, Corporate Procurement Division and Corporate Global Logistics Division, In charge of Trading Company
   Executive Officer	Koji Itazaki	Assistant to Masashi Makino, Director, Member of the Board

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