Osram becomes stock corporation, completes important requirement for planned IPO

Date Announced: 20 Jul 2011

With the registration in the Commercial Register (HRB 193174) at the Munich District Court on July 19, 2011, OSRAM officially changed its legal form from GmbH (limited liability company) to Aktiengesellschaft (stock corporation) (AG).

OSRAM’s change in legal form fulfills a key requirement for the company’s planned initial public offering (IPO). “Today, we took an important step towards the intention to become an independent company,” said Wolfgang Dehen, Chairman of the Managing Board of OSRAM AG.

With the entry of OSRAM AG into the Commercial Register, the company’s authorized capital is now allocated in shares. All shares are held by Siemens AG. The conversion does not affect customers, employees or business associates.

The Supervisory Board has already appointed the previous members of the executive management to become members of the Managing Board of OSRAM AG last week, thereby ensuring the continuity of personnel. Wolfgang Dehen serves as Chairman of the Managing Board. Klaus Patzak has been appointed Chief Financial Officer. Martin Goetzeler acts as Chief Operating Officer as well as Labor Director as Member of the Managing Board.

ABOUT OSRAM

OSRAM (Munich) belongs to the Industry Sector of Siemens and is one of the two leading light manufacturers in the world. In the 2010 financial year, it achieved a turnover of € 4.7 billion. OSRAM is a high-tech company in the lighting sector and 70 percent of its turnover comes from energy-efficient products. The company, which is very much internationally oriented, has around 40,000 employees worldwide, supplying customers in 150 countries worldwide from its 42 production sites in 16 countries (September 30). www.osram.de

DISCLAIMER

This document constitutes neither an offer to sell nor a solicitation to buy or subscribe for securities. Any such offer is being made solely on the basis of the Securities Prospectus published and registered with the German Financial Supervisory Authority (BaFin). The information legally required to be provided to investors is contained only in the Securities Prospectus.

The information contained herein is not for distribution, directly or indirectly, in or into the United States of America (including its territories and possessions of any State of the United States of America or the District of Columbia) and must not be distributed to U.S. persons (as defined in Regulation S of the U.S. Securities Act of 1933, as amended ("Securities Act") or publications with a general circulation in the United States of America. This document is not an offer of securities for sale in the United States of America. The securities have not been and will not be registered under the Securities Act and may not be offered or sold in the United States of America absent registration or an exemption from registration under the Securities Act. The Issuer does not intend to register any portion of the offering in the United States of America or to conduct a public offering of the securities in the United States of America.

Contact
OSRAM Stefan Schmidt Tel: +49-89-6213-4680 Fax: +49-89-6213-3457

E-mail:stefan.schmidt@osram.com

Web Site:www.osram.com

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