Philips and Osram conclude LED patent license agreement

Notes and media contacts

About Royal Philips Electronics:

Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is a diversified Health and Well-being company, focused on improving people's lives through timely innovations. As a world leader in healthcare, lifestyle and lighting, Philips integrates technologies and design into people-centric solutions, based on fundamental customer insights and the brand promise of "sense and simplicity". Headquartered in the Netherlands, Philips employs approximately 133,000 employees in more than 60 countries worldwide. With sales of EUR 27 billion in 2007, the company is a market leader in cardiac care, acute care and home healthcare, energy efficient lighting solutions and new lighting applications, as well as lifestyle products for personal well-being and pleasure with strong leadership positions in flat TV, male shaving and grooming, portable entertainment and oral healthcare.

For further information, please contact:

Natali Fahmi
Communications Executive
Philips Electronics Middle East & Africa
Tel: +9714 3095155
Fax: +9714 3353999
P.O. Box 7785, Dubai, UAE

Yasser Fathy
Managing Director
Arabia PR FZ LLC
Tel: +9714 3911200
Fax: +9714 3904511