HONDA COULD BECOME A MAJOR SHAREHOLDER OF PIONEER, WITH AN INTEREST OF AROUND 5%, IF IT DECIDES TO ACQUIRE COMMON STOCK-NIKKEI

, IF IT DECIDES TO ACQUIRE COMMON STOCK-NIKKEI

(C) Reuters 2009. All rights reserved. Republication or redistribution of
Reuters content, including by caching, framing or similar means, is expressly
prohibited without the prior written consent of Reuters. Reuters and the Reuters
sphere logo are registered trademarks and trademarks of the Reuters group of
companies around the world.

nWNAB6559