
SmartHouse News has confirmed that the PAL markets, including the United Kingdom and Australia, will get a PlayStation 3 price cut on July 12th. Michael Ephraim, Managing Director of Sony Computer Entertainment Australia, confirmed that there will be a PAL market announcement on July 12th and the estimated price cut of the PS3 in Europe is 17%.
Update: It seems that Michael Ephraim has actually announced that from July 12th the PlayStation 3 will be 100 euro cheaper in Europe and Australia. An official announcement will follow soon.