Today, Gerard Kleisterlee, President and Chief Executive Officer of Royal Philips Electronics (NYSE: PHG, AEX: PHI), will be giving a presentation at the Electrical Products Group 2008 Annual Spring Conference in Longboat Key, Florida, USA, in which he will further elaborate on how Philips has transformed into a globally leading brand in Health and Wellbeing.

In his presentation, Mr. Kleisterlee will discuss how Philips' focus on Health and Wellbeing is perfectly aligned with important demographic and economic trends, while also tapping into the increasing demand for advanced solutions and products that improve the quality of people's lives. He will discuss how Philips has become a much simpler and more focused company dedicated to leveraging its deep consumer insight, technological prowess and innovative strength to deliver uniquely differentiating propositions to businesses and consumers under its strong brand name.

Mr. Kleisterlee will also confirm the financial guidance issued by Philips as part of the company's Vision 2010 strategic plan, and will elaborate on the drivers behind the profit improvement Philips expects to realize as part of the plan.

The presentation starts at 8:15 AM local time, or 2:15 PM Amsterdam time (CET), and will be available via audio webcast. Please visit www.philips.com/webcast to listen to this audiocast.