Siemens AG



Peter L�scher (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
L�scher 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. L�scher 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.

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.

Siemens AG
Irina Pchelova
+49 89 636 33693

Language:     English
Issuer:       Siemens Aktiengesellschaft
              Wittelsbacherplatz 2
              80333 M�nchen 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, M�nchen, Hamburg,
              D�sseldorf, SWX, Stuttgart; Terminb�rse EUREX; Foreign
              Exchange(s) London, NYSE
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