Siemens AG — Board/Management Information 2007

May 20, 2007

News Details

Ad-hoc | 20 May 2007 14:21

Siemens AG: Siemens appoints Peter Löscher new CEO. Heinrich Hiesinger to be named full member of the Managing Board of Siemens AG.

Siemens Aktiengesellschaft / Change of Personnel

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Peter Löscher (49), currently President of Global Human Health, Merck & Co.
Inc. – headquartered in Whitehouse Station, New Jersey (U.S.) – will be the
new President and CEO of Siemens AG. The Supervisory Board of Siemens AG
appointed Löscher a full member of the Managing Board of Siemens AG and
Siemens President and CEO at an extraordinary meeting in Munich on May 20,
2007. Löscher will take office on July 1, 2007. Dr. Klaus Kleinfeld will
step down as Siemens President and CEO on June 30, 2007.

In addition, the Supervisory Board of Siemens AG approved the proposal of
the Chairman’s Committee to appoint Dr. Heinrich Hiesinger (46) to the
Managing Board of Siemens AG. Effective June 1, 2007, Hiesinger, who is
currently Group President of Siemens Building Technologies (SBT), will be
a full member of the Managing Board of Siemens AG and a member of the
company’s Corporate Executive Committee.

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Information and Explaination of the Issuer to this News:

Disclaimer:
This document contains forward-looking statements and information – that
is, statements related to future, not past, events. These statements may be
identified by words as 'expects', 'looks forward to', 'anticipates,'
'intends,' 'plans,' 'believes,' 'seeks,' 'estimates,' 'will' or words of
similar meaning. Such statements are based on our current expectations and
certain assumptions, and are, therefore, subject to certain risks and
uncertainties. A variety of factors, many of which are beyond Siemens’
control, affect its operations, performance, business strategy and results
and could cause the actual results, performance or achievements of Siemens
worldwide to be materially different from any future results, performance
or achievements that may be expressed or implied by such forward-looking
statements. For us, particular uncertainties arise, among others, from:
changes in general economic and business conditions (including margin
developments in major business areas); the challenges of integrating major
acquisitions and implementing joint ventures and other significant
portfolio measures; changes in currency exchange rates and interest rates;
introduction of competing products or technologies by other companies; lack
of acceptance of new products or services by customers targeted by Siemens
worldwide; changes in business strategy; the outcome of pending
investigations and legal proceedings; our analysis of the potential impact
of such matters on our financial statements; as well as various other
factors. More detailed information about our risk factors is contained in
Siemens’ filings with the SEC, which are available on the Siemens website,
www.siemens.com and on the SEC’s website, www.sec.gov. Should one or more
of these risks or uncertainties materialize, or should underlying
assumptions prove incorrect, actual results may vary materially from those
described in the relevant forward-looking statement as expected,
anticipated, intended, planned, believed sought, estimated or projected.
Siemens does not intend or assume any obligation to update or revise these
forward-looking statements in light of developments which differ from those
anticipated.

Irina Pchelova
+49 89 636 33693

DGAP 20.05.2007

Language: English
Issuer: Siemens Aktiengesellschaft
Wittelsbacherplatz 2
80333 München Deutschland
Phone: +49 (0)89 636-00
Fax: +49 (0)89 636-32908
E-mail: investorrelations@siemens.com
www: www.siemens.com
ISIN: DE0007236101
WKN: 723610
Indices: DAX, EURO STOXX 50
Listed: Amtlicher Markt in Berlin-Bremen, Frankfurt (Prime Standard),
Hannover, München, Hamburg, Düsseldorf, SWX, Stuttgart;
Terminbörse EUREX; Foreign Exchange(s) London, NYSE

End of News DGAP News-Service

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