1. Date of the Meeting: July 31, 2012 Approximate time required: 30 minutes Presenter: Andy Kaplan, President, SPT Networks Attendants: Contact Person ： Drew Shearer Note: Please provide a concise summary in one page. Avoid using abbreviations. Submit to: GEC Secretariat/CEO Office email :hq-gec-emc@jp.sony.com Tel : +81-3-6748-2750 1. Proposed Matter to be Deliberated: SPE seeks deliberation on the 52.3% acquisition of Maa TV in India for INR 6.1BN ($111MM) 2. Purpose, Background, Future Plan etc: SPT's Networks presence in India (through MSM India) is concentrated in the northern Hindi-speaking regions. While SPT has successfully grown MSM India’s business over the past few years, owning regional channels will be critical to further expansion. Over the last few years, SPT has been seeking opportunities to expand its business in the regional channel area and believe Maa TV presents such a unqiue case. Maa TV operates 4 channels in Andhra Pradesh, a high-growth region in southern India that has stronger growth and higher incomes than in SPT's existing India footprint. Maa TV’s main general entertainment channel is currently the #2 channel in Andhra Pradesh. Current Maa TV shareholders are N. Prasad (67.2%), local actors (30.7%) and key employees participating in ESOP plan (2.1%). SPT seeks approval to acquire a majority stake in Maa TV for INR 6.1BN ($111MM) Acquire 51% for INR 5.9BN ($107MM) at Closing (expected by the end of FYE13) Acquire additional 1.3% at a multiple of 18x EBITDA in FYE15 (expected payout : INR 200MM ($3.6MM) ) Investment yields an after tax IRR of 17% and an after tax NPV of $23MM SPE will have a fair market value call option on the remaining 47.7% minority stake beginning on the 5th anniversary of closing. If SPT does not exercise the option, at the end of 7 th anniversary of closing, remaining Maa TV shareholders may drag SPT to market Acquisition of Maa TV will provide SPT with a strategic presence in southern India, bring SPT closer to a national India footprint and provide revenue diversification and growth opportunities beyond our current focus in northern India. This acquisition will deliver broader and deeper brand exposure for SONY as well as provide numerous collaboration opportunities with Sony‘s Electronics and Mobile divisions. SPT will have all necessary governance to control and consolidate the financial results. 3. Due Review Process Prior to GEC: Sony Corporation Investment Committee review of this matter scheduled for July 27, 2012. Group Executive Committee Application Form - Approval request to propose to board of directors meeting- Management direction request - Advance deliberation of matters requiring CEO’s approval- Reporting Executive Officer in Charge: Kazuo Hirai Manager in Charge: Michael Lynton Department: SPE Agenda Item: Investment in MaaTV Department: SPT Finance, SPE Tel: +1 310 244 8964 E-mail: drew_shearer@spe.sony.com David Hendler, SEVP, CFO, SPE Lauren Glotzer, EVP of Corporate Development, SPE Leah Weil, SEVP, General Counsel and Secretary, SPE John Fukunaga, EVP & Deputy General Counsel, SPE Steve Mosko, President, Sony Pictures Television George Chien, SVP, Sony Pictures Television Networks Drew Shearer, EVP, Sony Pictures Television Man Jit Singh, CEO, Multi Screen Media (SPT’s India Networks)