Sadlowski named Chief Executive Officer for Siemens

Sadlowski named Chief Executive Officer for Siemens
ATLANTA, May 3, 2007 - Siemens Energy and Automation, Inc. (SE&A) today announced the appointment of Dennis Sadlowski, 46, as President and Chief Executive Officer effective July 1, 2007. Sadlowski succeeds Aubert Martin, 64, who is retiring after 40 years of outstanding service with Siemens.

Sadlowski started at SE&A in 2000 as Vice President and General Manager of the Electrical Apparatus business unit in Atlanta. From 2003 to 2006, Sadlowski relocated to Germany where he led the Siemens Automation and Drives Sensors business. In 2006, as part of the planned succession, he returned to Atlanta and SE&A as Chief Operating Officer, while concurrently managing the Power Distribution & Controls Division. Prior to joining Siemens, Sadlowski accrued nearly two decades of industry experience with GE and Thomas & Betts.

"Dennis Sadlowski is an exceptional leader with a proven track record of success. He has a very thorough understanding of the marketplace, our customers and Siemens global strategies," said Helmut Gierse, President, Siemens Automation & Drives Group. "Dennis is well equipped to lead SE&A with a focused commitment to customer, operational and employee excellence. I am confident he will serve our customers as a dedicated partner and continue SE&A's drive to market leadership."

Mr. Sadlowski holds an M.B.A. from Seattle University and a B.S. degree in chemical and nuclear engineering from the University of California at Berkeley.

Aubert Martin began his career with Siemens in 1967 as an engineering trainee in Germany. He held a variety of engineering, sales and marketing, and business development positions within Siemens AG groups. Under Martin's leadership as global president of the motion controls division of the Automation & Drives Group, the motion controls business captured the number-one market position worldwide. Prior to that assignment, he led the high-speed train division of Siemens Transportation Group.

In 2002, Martin was appointed CEO of Siemens Energy & Automation. During his 5-year tenure, the company doubled in volume to more than $3 billion by harnessing the teamwork and innovation of 10,000 employees. Significant accomplishments at SE&A include a major turn around and return to profitability, strong domestic volume growth, and the acquisition and integration of 11 companies into SE&A as well as the merger of three former units of Siemens Logistics & Assembly.

A native of Austria, Martin holds an M.S. degree in electrical engineering from the Technical University of Vienna.

About Siemens
Siemens Energy & Automation, Inc. is one of Siemens' operating companies in the U.S. Headquartered in the Atlanta suburb of Alpharetta, Ga., Siemens Energy & Automation manufactures and markets one of the world's broadest ranges of electrical and electronic products, systems and services to industrial and construction market customers. Its technologies range from circuit protection and energy management systems to process control, industrial software and totally integrated automation solutions. The company also has expertise in systems integration, technical services and turnkey industrial systems.

Siemens AG (NYSE:SI) is one of the largest global electronics and engineering companies with reported worldwide sales of $107.4 billion in fiscal 2006. Founded 160 years ago, the company is a leader in the areas of Medical, Power, Automation and Control, Transportation, Information and Communications, Lighting, Building Technologies, Water Technologies and Services and Home Appliances. With its U.S. corporate headquarters in New York City, Siemens in the USA has sales of $21.4 billion and employs approximately 70,000 people throughout all 50 states and Puerto Rico. Eleven of Siemens' worldwide businesses are based in the United States. With its global headquarters in Munich, Siemens AG and its subsidiaries employ 480,000 people in 190 countries.

PHOTO CAPTION: Dennis Sadlowski