Regarding "high voltage AC mains capacitor": comment is not entirely accurate since (a) AC mains power is not directly connected to such cameras, and (b) capacitors hold DC voltages only (not AC).
Voltages inside a capacitor generally dissipate over time, and in most cases within milliseconds or less. The capacitor in question for the camera flash is an exception. It is hard to know how long it holds its charge, and the charge will be high voltage DC. The main risk in Lumix cameras is with the top PCB (dials, speaker, microphone, viewfinder, etc.) where the capacitor is connected. To be careful, it would be wise to leave the camera unplugged and the battery out for a while before opening the device, which is usually a good idea anyway so that the lens/barrel doesn't extend or close by surprise to possibly damage itself. Alternately, if the person repairing it knows what they are doing, the capacitor (a silver-colored cylinder about the width of a fat pencil) can be discharged with a resistor of 1-10k ohms across it's leads or the corresponding contact points) before working on the related PC boards (especially the top control board). Check the service manual for the camera in question (many are free online), which will usually describe near the start of the manual how to do this.
O.I.S. stands for Optical Image Stabilizer, the error is probably the result of the lens locating pings slipping and the gear teeth are out of sync. This in NOT a home fix, it is considered a 'fatal error' If it is under warranty return it to Panasonic, if not go to KEH.com and request a quote on a repair. Inside the camera is a HIGH VOLTAGE AC MAINS CAPACITOR, and it can produce an electric shock that can be fatal.
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