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Koninklijke Philips N.V.

Koninklijke Philips N.V.

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Publicatie datum 08 mei 2007 - 22:47
Statutaire naam Koninklijke Philips N.V.
Titel Philips announces filing by TSMC of registration statement for TSMC stock offering
Bericht May 08, 2007 PHILIPS ANNOUNCES FILING BY TSMC OF REGISTRATION STATEMENT FOR TSMC STOCK OFFERING Amsterdam, The Netherlands and Hsinchu, Taiwan – Royal Philips Electronics (NYSE:PHG, AEX:PHI) and Taiwan Semiconductor Manufacturing Company Ltd (TAIEX: 2330, NYSE: TSM) today jointly announced that TSMC has filed a registration statement with the U.S. Securities and Exchange Commission in connection with an offering of TSMC shares held by Philips. The contemplated offering of TSMC shares would form part of the multi-phased plan to facilitate an orderly exit by Philips from its shareholding in TSMC announced by Philips and TSMC on March 9, 2007. The offering is subject to all necessary regulatory approvals and to market conditions. The offering would involve 1.2 billion TSMC common shares in the form of 240 million American Depository Shares, with a value of approximately USD 2.5 billion based on the market price for TSMC shares on May 7, 2007. Currently, Philips holds approximately 3.3 billion TSMC shares representing approximately 12.8 percent of TSMC shares. This total stake is worth approximately USD 6.7 billion at current market prices. For more information, please contact: Arent Jan Hesselink Philips Corporate Communications Tel: +31 20 59 77415 Email: arentjan.hesselink@philips.com Richard C.Y. Chung Media Relations Manager, TSMC Tel: 886-3-505-5038 Mobile: 886-911-258751 Fax: 886-3-567-0121 E-Mail: cychung@tsmc.com Michael Kramer Public Relations Department, TSMC Tel: 886-3-505-6216 Mobile: 886-926-026632 Fax: 886-3-567-0121 E-Mail: pdkramer@tsmc.com About Royal Philips Electronics Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is a global leader in healthcare, lifestyle and technology, delivering products, services and solutions through the brand promise of “sense and simplicity”. Headquartered in the Netherlands, Philips employs approximately 124,300 employees in more than 60 countries worldwide. The company is a market leader