(TRANSLATION)

June 26, 2008

Matsushita Electric Industrial Co., Ltd.

Dear Shareholders:

Notice of Resolutions adopted at

the 101st Ordinary General Meeting of Shareholders

This is to inform you that reports were made and resolutions were adopted as follows at the Company’s 101st Ordinary General Meeting of Shareholders held today.

Matters reported:

 

1.

The business report and statutory report on a consolidated and a parent-alone basis with respect to the 101st fiscal period from April 1, 2007 to March 31, 2008

Reports were duly made regarding the subject matter.

 

2.

Report of Accounting Auditors and the Board of Corporate Auditors on the consolidated financial statements

Reports were duly made regarding the subject matter.

Matters resolved:

Bill No.1:

To partially amend the Articles of Incorporation:

The above bill was approved and passed as proposed, whereby the Company will change its trade name from Matsushita Electric Industrial Co., Ltd. to Panasonic Corporation on October 1, 2008.

Bill No.2:

To elect 19 directors:

Messrs. Kunio Nakamura, Masayuki Matsushita, Fumio Ohtsubo, Susumu Koike, Shunzo Ushimaru, Koshi Kitadai, Toshihiro Sakamoto, Takahiro Mori, Shinichi Fukushima, Yasuo Katsura, Junji Esaka, Hitoshi Otsuki, Ikusaburo Kashima, Ikuo Uno, Hidetsugu Otsuru, Makoto Uenoyama and Masaharu Matsushita were re-elected as directors. Messrs. Masayuki Oku and Masatoshi Harada were newly elected as directors. They all accepted and assumed office.

Messrs. Ikuo Uno and Masayuki Oku are outside directors.

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Bill No.3:

To elect 2 corporate auditors:

Mr. Ikuo Hata was re-elected and Mr. Masahiro Seyama was newly elected as corporate auditors. They all accepted and assumed office.

Mr. Ikuo Hata is an outside corporate auditor.