TOKYO (Standard&Poor's) June 16, 2009--Standard&Poor's Ratings Services said today that its ratings on Sumitomo Mitsui Financial Group Inc. (SMFG; A/Stable/A-1) and its group companies would be unaffected by SMFG's announcement yesterday that the amount of a capital increase it plans to undertake through the issuance of common stock (excluding the additional offer portion) will be ¥824.7 billion. The common stock issuance was decided at a meeting of the board of directors on May 28, 2009. The ratings on SMFG and its group companies were recently affirmed, reflecting strong government support. Standard&Poor's considers that the aforementioned capital increase would be within the assumptions incorporated into the ratings. (Please see the media releases, "Ratings On Japan?s
