Feb 26, 2007

Press Release

FOR IMMEDIATE RELEASE

Media Contacts:

Akira Kadota, International PR
  Tel: 03-3578-1237  Fax: 03-3436-6766
Panasonic News Bureau
  Tel: 03-3542-6205  Fax: 03-3542-9018

Matsushita Announces Management Changes



Osaka, Japan, February 26, 2007 - Matsushita Electric Industrial Co., Ltd., best known for its Panasonic brand, today announced the following appointment of Directors, Corporate Marketing Division for Panasonic Brand and others.

Appointments:
(Former titles are shown in the parentheses)

(Effective April 1)
<Corporate Marketing Division for Panasonic Brand>

Shiro Nishiguchi Director
(Director, LCD TV Business Unit, Visual Products and Display Devices Business Group, Panasonic AVC Networks Company)

<Corporate Legal Affairs Division>

Yukio Nakamura Director, concurrently retaining his positions as General Manager, Legal Affairs Group of the same Division, and Director, Legal Consultation & Solutions Center

<Corporate Information Security Division>

Keiko Kaneko Director
(General Manager of the same Division)
Note: Kikuo Kanamori, former Director of the same Division, and General Manager, Information Security Strategy Planning Group of the same Division, will be appointed Senior Advisor of the same Division.

<Head Office>

Hidetoshi Osawa General Manager, Corporate Planning Group
(Senior Councilor, Executive Support Group)
Yoshiaki Nakagawa General Manager, Corporate Accounting Group
(Manager of the same Group)

<Panasonic Marketing Europe GmbH>

Yorihisa Shiokawa President
(President, Panasonic Deutschland GmbH)

<Panasonic Mobile Communications Co., Ltd.>

Toshinori Hoshi Executive Vice President, retaining his responsibility as Executive Senior Councilor
(Managing Director of the same Company)
Ryoichi Wada Executive Vice President, retaining his responsibility as Executive Senior Councilor
(Vice President, Panasonic Automotive Systems Company)

<Matsushita Battery Industrial Co., Ltd.>

Mitsuru Kurokawa President, Primary Battery Company
(President, Panasonic Storage Battery Co., Ltd.)
Note: Yoji Kajikawa, former President, will be appointed Corporate Advisor, Panasonic Cycle Technology Co., Ltd.

(Effective June 27)
<Panasonic Cycle Technology Co., Ltd.>

Yoji Kajikawa President
(Corporate Advisor of the same Company)

About Panasonic
Best known for its Panasonic brand name, Matsushita Electric Industrial Co., Ltd. is a worldwide leader in the development and manufacture of electronic products for a wide range of consumer, business, and industrial needs. Based in Osaka, Japan, the Company recorded consolidated net sales of US$76.02 billion for the year ended March 31, 2006. The Company's shares are listed on the Tokyo, Osaka, Nagoya and New York (NYSE:MC) stock exchanges. For more information on the Company and the Panasonic brand, visit the Company's website at http://panasonic.net/.


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