News Release:Pioneer Group Operations and support for the Pacific Coast of Tohoku Earthquake

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

Pioneer
March 15, 2011
Pioneer Corporation

Pioneer Group Operations and support for the Pacific Coast of Tohoku Earthquake

Pioneer Corporation announced today the impact (as of 15:00, 15th March) of the Pacific Coast ofTohoku Earthquake and tsunami that struck the northern region of Japan on March 11.

We have found our group employees are all safe and unharmed by this earthquake. In our headoffice (Kawasaki-shi, Kanawaga), Kawagoe plant (Kawagoe-shi, Saitama), Tohoku PioneerCorporation (Tendo-shi, Yamagata), and Towada Pioneer Corporation (Towada-shi, Aomori), therefound no major damages of their facilities and operations continue normally after confirming thesafety.

Additionally, a disaster relief fund will collect donations across the Pioneer Group from employees,and their contributions will be matched by the company through a matching gifts program to helprelief and recovery efforts in communities affected.

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