SIE Siemens N Ord

    

Siemens AG

Siemens Aktiengesellschaft / AGM/EGM/Miscellaneous

16.01.2008

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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Ratification of the acts of Siemens Managing Board members to be postponed

The Chairman's Committee of the Supervisory Board and the Managing Board of
Siemens AG jointly recommend postponing ratification of the acts of members of
the Managing Board of Siemens AG in fiscal 2007 as well as of those members of
the Supervisory Board who previously served on the Managing Board in the period
since 1999. Affected former members of the Managing Board also support the
proposal to postpone the ratification. President and CEO Peter L�scher is exempt
from the postponing the ratification. The new proposal of the Chairman's
Committee and the Managing Board will be presented to the Supervisory Board at
an extraordinary meeting on January 21, 2008.

In the course of its independent investigation, the law firm Debevoise &
Plimpton is continually gaining new information through the company's amnesty
program. The Siemens Managing Board and the Chairman's Committee of the
Supervisory Board therefore believe it is recommendable to propose at the Annual
Shareholders' Meeting the precautionary postponement of the ratification of the
acts of members of the Managing Board in fiscal 2007. The law firm makes no
comment on individual members of the Managing Board with the exception of Peter
L�scher: Since the CEO was not yet employed by Siemens in the period under
investigation, a postponement of his ratification is not considered.

On the basis of current information at Debevoise & Plimpton, there are no
reservations about ratifying the acts of members of the Supervisory Board.
However, members of the Supervisory Board who were members of the Managing Board
in the period under investigation are an exception. According to the law firm,
there is currently no new information that would stand in the way of a
reelection of the three current Supervisory Board members Gerhard Cromme, Josef
Ackermann and Lord Iain Vallance of Tummel.

A letter from Debevoise & Plimpton to Supervisory Board Chairman Gerhard Cromme
is available at the Siemens Annual Shareholders' Meeting website:
www.siemens.com/agm

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Information and Explaination of the Issuer to this News:

This document contains forward-looking statements and information - that is,
statements related to future, not past, events. These statements may be
identified by words such 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.

EBITDA (adjusted), Return on capital employed, Free cash flow, Cash conversion
and Net debt are Non-GAAP financial measures. A reconciliation of these amounts
to the most directly comparable IFRS financial measures is available on our
Investor Relations website under www.siemens.com/ir, Financial Publications,
Quarterly Reports. 'Group profit from operations' is reconciled to 'Income
before income taxes' of Operations under 'Reconciliation to financial
statements' in the table 'Segment Information.' 16.01.2008 Financial News
transmitted by DGAP

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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: Regulierter Markt in Berlin,
Frankfurt (Prime Standard), Hannover, M�nchen, Hamburg, D�sseldorf, Stuttgart;
Terminb�rse EUREX; Foreign Exchange(s) London, NYSE, SWX End of News DGAP
News-Service

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