IN ACCORDANCE WITH 1934 SEC ACT:
WE REQUEST THE BOARD OF DIRECTORS OF SONY CORPORATION ACCEPT OUR PROPOSALS
FOR 2004 ANNUAL MEETING AS FOLLOWS:

1. To spin off 90% of Sony Electronics to Sony shareholders in a tax free
separate publicly traded company at comparable values to its competitors,
or at its very conservative book value, which is US$27 a share
or US$25 billion for the 90%.

2. To spin off 90% of Sony Insurance to Sony shareholders in a tax free
separate publicly traded company at comparable values to its competitors,
or at half its conservative book value, which is US$9.25 a share
or US$8.5 billion for the 90%.

3. To spin off 90% of Sony Games to Sony shareholders in a tax free separate
publicly traded company at comparable values to its competitors, or at its
very conservative book value, which is US$8.80 a share
or US$8.1 billion for the 90%.

4. To spin off 90% of Sony Pictures to Sony shareholders in a tax free
separate publicly traded company at comparable values to its competitors,
at its very conservative book value, which is US$8.30 a share
or US$7.7 billion for the 90%.

5. To spin off 90% of Sony Music to Sony shareholders in a tax free separate
publicly traded company at comparable values to its competitors, at its very
conservative book value, which is US$6.35 a share
or US$5.9 billion for the 90%.

6. To spin off 90% of other Sony assets, which include dozens of profitable
businesses, to Sony shareholders in a tax free separate publicly traded
company at comparable values to their competitors, at their conservative book
values, which add up to US$1.95 a share or US$1.8 billion for the 90%.

7. To spin off 90% of Sony Real Estate to Sony shareholders in a tax free
separate publicly traded company at comparable real estate values and
appraisals to its competitors, at their conservative book values, which
add up to US$10.75 a share or US$9.9 billion for the 90%.

The values above add up to US$72.40 a share or US$66.7 billion that would be
distributed to Sony shareholders tax free by our proposal, plus Sony
shareholders would also be left with Sony Holding Company, which would have
a further value remaining of 10% of each of the separate spin offs, that would
add up to another US$7.24 a share or US$6.67 billion, plus US$21.71 a share or
US$20 billion in net cash, stocks, bonds, and investments, all of which would
have a total net asset value for Sony Holding Company of US$28.95 a share
or US$26.7 billion.

The total value for Sony shareholders with our proposal would be US$101.35 a
share or US$93.3 billion.  That compares to the current value of Sony US$36.42
a share or US$33.5 billion.  Sony has 921 million shares outstanding.
Our proposal brings real value to Sony shareholders, like the spin offs of
Canadian Pacific and ITT, and is made by the partnership of:
Hollingsworth Rothwell & Roxford (www.hrrma.com).