Philips announces LED replacement for the 75-watt bulb is now commercially available

Date Announced: 14 Jul 2011 Somerset, NJ – Royal Philips Electronics (AEX: PHI, NYSE: PHG), the industry leader in LED lighting solutions, has announced the world’s first commercially-available light-emitting diode (LED) light bulb designed to replace a 75-watt incandescent bulb is now exclusively available online at www.homedepot.com. The new Philips AmbientLED 17-watt light bulb, which puts out 1,100 lumens of light using just 17 watts of electricity, is the also the brightest LED alternative to a standard incandescent available on the market today. Designed to meet Energy Star specifications for a 75-watt LED equivalent, the bulb will reduce energy consumption by 80 percent, last 25 times longer and save an estimated $160 in electricity costs during its lifespan as compared to the traditional 75-watt incandescent. The Philips AmbientLED 17-watt fits into existing fixtures and works with standard dimmers, giving consumers a simple, long-lasting solution for the home. Its initial retail price is $39.97. With the addition of the new bulb, Philips offers the broadest range of lighting that is compliant with the Energy Independence and Security Act of 2007 (EISA), a law that sets aggressive energy efficiency standards to reduce greenhouse gas emissions, national energy consumption and save Americans money. Other EISA-compliant Philips bulbs include the EcoVantage and Halogena Energy Saver line of incandescents, Energy Saver compact fluorescent (CFLs) and the AmbientLED portfolio of LED bulbs. The AmbientLED line features Philips LUXEON LEDs and offers 24 differing LED replacement bulbs, including 25 and 40 watt LED equivalents, and the AmbientLED 12.5-watt bulb, the world’s first commercially-available 60-watt replacement and the only to be Energy Star qualified. According to Ed Crawford, General Manager of Lamps for Philips Lighting North America, “With the AmbientLED 17-watt we continue to prove that LED lighting is a viable alternative to the traditional incandescent bulb, delivering the same quality of omni-directional light, while at the same time delivering amazing energy and cost savings over the long life of the bulb. We want to ensure that these innovative lighting solutions are available today, expanding sustainable, energy-efficient lighting choices for consumers.”Philips estimates that about 90 million 75-watt incandescent light bulbs are sold annually in the United States. Switching to this LED replacement has the potential to reduce energy use by 5,220 megawatts of electricity, a cost savings of approximately $630,000,000 annually. According to Philips’ estimates, switching to the 17-watt AmbientLED could also eliminate 3,255,205 million metric tons of carbon emissions annually, or the equivalent of removing nearly one million cars from the road.About Royal Philips ElectronicsRoyal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is a diversified health and well-being company, focused on improving people’s lives through timely innovations. As a world leader in healthcare, lifestyle and lighting, Philips integrates technologies and design into people-centric solutions, based on fundamental customer insights and the brand promise of “sense and simplicity”. Headquartered in the Netherlands, Philips employs about 117,000 employees with sales and services in more than 100 countries worldwide. With sales of EUR 22.3 billion in 2010, the company is a market leader in cardiac care, acute care and home healthcare, energy efficient lighting solutions and new lighting applications, as well as lifestyle products for personal well-being and pleasure with strong leadership positions in male shaving and grooming, portable entertainment and oral healthcare. News from Philips is located at www.philips.com/newscenter

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Silvie Casanova Senior Manager, Lighting Communications Philips Electronics North America Ph: +1 781 418 7928

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Web Site:www.philips.com/newscenter