Siemens AG
Christof Schwab, +49 89 636 32677



Siemens Aktiengesellschaft / Legal Matter

The Munich District Court has imposed a fine of EUR201 million on Siemens,
marking the end of the investigation by the Munich Office of Public Prosecution
at the former Group Communications (Com) as it relates to Siemens AG. In
addition, a final settlement has been reached with the German tax authorities.
Total payments of approximately EUR450 million at the former Com Group have been
determined to be non-deductible, resulting in a tax charge of EUR179 million. Of
this amount, EUR168 million has already been recorded in the company's
consolidated financial statements for fiscal 2006 for questionable payments of
approximately EUR420 million

Information and Explaination of the Issuer to this News:

Today's decision by Munich District Court (I) and the settlement with the tax
authorities conclude the German investigations into illegal conduct and tax
violations at Siemens' former Com Group as they relate to Siemens AG. The German
tax authorities have based the settlement on the results of investigations
conducted jointly with the public prosecutors. Siemens accepts the fine imposed
by the court, and takes responsibility for past misconduct at the Com Group. The
company has waived its right to appeal.

The comprehensive independent investigation being conducted by the law firm
Debevoise and Plimpton continues. Siemens is committed to clarify all related
matters - also in the company's other Groups - and continues to support the work
of the authorities. The company is also further strengthening its compliance
measures and internal control systems.

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. These reports also provide information on the
status of current investigations and inquiries as well as on measures to
strengthen compliance processes and internal control systems.

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
Internet: www.siemens.com
ISIN: DE0007236101
WKN: 723610
Indices: DAX, EURO STOXX 50 Listed: Amtlicher
Markt in Berlin, Frankfurt (Prime Standard),
Hannover, M�nchen, Hamburg, D�sseldorf, Stuttgart;
Terminb�rse EUREX; Foreign Exchange(s) London, NYSE, SWX
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