Siemens Aktiengesellschaft: Release of a capital market information

Siemens Aktiengesellschaft  / Share Buyback

03.08.2012 08:56

Dissemination of a Post-admission Duties announcement, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------


Disclosure according to art. 4 para. 2 of the Regulation (EU) no. 2273/2003

The share buyback, announced by Siemens Aktiengesellschaft in an ad hoc
announcement dated August 2, 2012, will commence on August 3, 2012. In the
time period by December 30, 2012, own shares of the company having a value
of approximately EUR 3 billion (without ancillary purchasing costs) shall
be repurchased. On the basis of the closing auction share price in the
Xetra trading (as of August 2, 2012), this corresponds to a volume of up to
approximately 43.5 Mio. shares. The buyback serves the purposes of
cancellation and reduction of capital stock, issuance to employees, board
members of affiliated companies and members of the Managing Board of
Siemens AG as well as for convertible bonds and warrant bonds. The Managing
Board thus exercises the authorization granted by the Shareholders' Meeting
of Siemens Aktiengesellschaft on January 25, 2011 to acquire own shares
pursuant to section 71 para. 1 no. 8 of the German Stock Corporation Act
(Aktiengesetz, AktG).

A bank will be mandated to carry out the buyback making its decisions on
the date of acquisition of the shares independently of, and without
influence by, the company. Siemens Aktiengesellschaft reserves the right to
terminate the mandate of the bank and to transfer it to another bank. The
buyback shall be conducted at the most favorable terms and safeguarding
interests; the shares shall be repurchased on the electronic trading
platform of the Frankfurt Stock Exchange (Xetra) exclusively. The purchase
price per reacquired share (without ancillary purchasing costs) may neither
exceed the market price of a Siemens share, as determined at the opening
auction in the Xetra trading on the day of trading, by more than 10% nor
fall below 20%.

The bank is/will be obligated to observe the trade terms of article 5 of
the Regulation no. 2273/2003 of the Commission of December 22, 2003 (EC
Reg.) and all relevant applicable provisions, in particular Rule 10b 18 of
the U.S. Securities Exchange Act of 1934. According to the EC Reg., no
purchase price may be paid that exceeds the price of the last independent
trade or the highest current independent bid at the stock exchange where
the purchase is carried out. Decisive is the higher of both values.
According to the EC Reg., no more than 25 % of the average daily volume of
shares at the stock exchange where the purchase is carried out will be
acquired. The average volume of shares is based on the average daily volume
traded in the 20 trading days preceding the specific date of purchase.

The share buyback may be suspended and be resumed at any time if this in
compliance with the legal provisions.

The transactions will be announced in a way complying with the requirements
of art. 4 para. 4 EC Reg. at the latest on the seventh trading day
following their execution.

Furthermore, Siemens Aktiengesellschaft will report on the progress of
share buyback regularly under www.siemens.com/ir.

Munich, August 3, 2012
Siemens Aktiengesellschaft   

The Managing Board



03.08.2012 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------------
 
Language:     English
Company:      Siemens Aktiengesellschaft
              Wittelsbacherplatz 2
              80333 Berlin und München
              Germany
Internet:     www.siemens.com
 
End of Announcement                             DGAP News-Service
 
---------------------------------------------------------------------------