1. New Product Information 2005

2. DMC-LS1 For higher picture quality and quick response Venus Engine PLUS 1 1 2 2 4 4 4.0 MEGA pixels 3 3 No blur due to hand-shake MEGA O.I.S. 12x 3x Optical 4x Digital 3x Optical Zoom Color- Silver Long Battery Life 215 images with included Oxyride batteries (CIPA) Easy to see the picture even outdoor with TRM LCD. 2.0” Large LCD monitor The compact AA battery model equipped with MEGA O.I.S. Easy use & High-quality Image. TRM: Transmissive with Micro Reflective

3. DMC-LZ1 For higher picture quality and quick response Venus Engine PLUS 1 1 2 2 4 4 4.0 MEGA pixels 3 3 No blur due to hand-shake MEGA O.I.S. 24x 6x Optical 4x Digital 6x Optical Zoom Color- Silver Easy to see the picture even outdoor with TRM LCD. 2.0” Large LCD monitor For family portrait 6x Optical Zoom Lens TRM: Transmissive with Micro Reflective The first LUMIX with 6x optical zoom / MEGA O.I.S. suitable for portrait shot.

4. DMC-LZ2 For higher picture quality and quick response Venus Engine PLUS 1 1 2 2 4 4 5.0 MEGA pixels 3 3 No blur due to hand-shake MEGA O.I.S. 24x 6x Optical 4x Digital 6x Optical Zoom Color- Silver, black Easy to see the picture even outdoor with TRM LCD. 2.0” Large LCD monitor For family portrait 6x Optical Zoom Lens The first LUMIX with 6x optical zoom / MEGA O.I.S. suitable for portrait shot. TRM: Transmissive with Micro Reflective

5. Basic Specification of LS1/LZ1/LZ2 LZ2 has microphone to capture moving image and still image with sound

6. DMC-FZ4 4.0MEGA pixels 4 4 Mega zoom with 35mm-420mm 12x LEICA DC VARIO- ELMARIT Lens 1 1 2 2 3 3 No blur due to hand-shake MEGA O.I.S. 12x Optical Zoom 48x 12x Optical 4x Digital Color- Silver For higher picture quality and quick response Venus Engine II Easy to use, easy to carry Compact Size Handy 12x Optical Zoom Camera to Enjoy Super Telephoto Shooting with High Picture Quality FZ4 is not available in some countries.

7. Evolution of FZ5 from FZ3 FZ3 FZ4 CCD size ３M３M 4M Higher Picture Quality Advanced Shooting Function Usability New Lens/More Pixels ＆ Advanced Function ＆ Advanced Usability 1/3.2 Focal length 4.6-55.2 ｍｍ / Full F2.8 （ 35-420 mm 35mm equiv. ） Auto Angle Detect NO OIS ON/OFF button Number of Pixels Battery Life 260pictures (CIPA) Scene Mode Help Screen NO FZ5 5M 1/2.5 Larger CCD 6 – 72mm / F2.8 –3.3 （ 36-432 mm 35mm equiv. ） YES 300 images (CIPA) YES LCD Monitor 1.5” 1.8” 1.5” Microphone YES NO 6 – 72mm / F2.8 –3.3 （ 35-420 mm. ） AF speed High speed at 3 points AF High speed at 3 points / 1 point AF (selectable at 1 point AF) YES Focusing Area at tele end 120cm 100cm

8. Differentiation of FZ5 / FZ20 FZ20 FZ5 CCD size ProsumerBeginner Concept Additional features and accessories Flash W) 0.3-4.5m (ISO Auto) T) 0.3-3.8m (ISO Auto) 0.3-7.0m (ISO Auto) 1/2.5 Lens 6 - 72mm / Full F2.8 （ 36-432 mm 35mm equiv. ） 6 – 72mm / F2.8 – 3.3 （ 36-432 mm 35mm equiv. ） TARGET Hot Shoe for External Flash YESNO Concept Quality/ FlexibilityEasy / Handy Basic Spec. Pixels 5M Manual Focus Ring Remote Jack ED Lens YES NO YES NO YES NO One Shot AF + fine adjustment YES NO Conversion Lenses YESNO LCD size 1.8 inch 2.0 inch FZ5 and FZ20 have big differences in terms of various features, although pixel number is same. FZ5 and FZ20 have big differences in terms of various features, although pixel number is same.