News Release:Pioneer's Employee Chorus To Perform withthe London Philharmonic Orchestra

Information contained in the news release is current as of the date of announcement.
It is subject to change without prior notice.

Pioneer
August 6, 2001
Pioneer Corporation

Pioneer''s Employee Chorus To Perform with
the London Philharmonic Orchestra

Pioneer's employee chorus, "Pioneer Harmonischer Chor," will perform Beethoven's Ninth Symphony with the London Philharmonic Orchestra twice on the orchestra's tour of Japan this year. The first concert takes place on October 16 at the Morioka Civic Hall in Iwate Prefecture, and the second on October 17 at the Suntory Hall in Tokyo.

Kurt Masur, Principal Conductor of the London Philharmonic Orchestra, and one of the most admired and respected musicians of his generation, will be conducting on both occasions.

Pioneer Harmonischer Chor, an amateur chorus was founded in January 1995 and consists of employees from Pioneer group of companies and their families. There are currently about 200 members. It has performed with the Japan Philharmonic Symphony Orchestra, one of Japan's leading professional orchestras, as well as with several top professional opera singers. It thus takes an active part in the cultural activities of Pioneer group companies, promoting the Pioneer name as a group of companies intrinsically involved with the world of music.

The London Philharmonic Orchestra's October tour of Japan is made possible by the support of Pioneer Corporation. The Pioneer group has had a relationship with the orchestra stretching back 23 years of friendship, ever since Pioneer GB Ltd., Pioneer's marketing subsidiary in the UK, began supporting the orchestra's performances. When the London Philharmonic Orchestra learned about the activities of Pioneer Harmonischer Chor several years ago, it invited the chorus to perform with it during the scheduled tour of Japan.

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