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FINAL TRANSCRIPT

Apr. 14. 2008 / 4:00AM, PHG - Q1 2008 Royal Philips Electronics Earnings Conference Call

CORPORATE PARTICIPANTS

Pierre-Jean Sivignon Royal Philips Electronics - CFO

CONFERENCE CALL PARTICIPANTS

Nicolas Gaudois UBS - Analyst

Simon Smith Citigroup - Analyst

Janardan Menon Dresdner Kleinwort - Analyst

Andreas Willi JP Morgan - Analyst

Martin Wilkie Deutsche Bank - Analyst

Timm Schulze-Melander Bear Stearns - Analyst

William Mackie MainFirstBank - Analyst

Didier Scemama ABN Amro - Analyst

Olubunmi Asaolu Lehman Brothers - Analyst

Francois Meunier Cazenove - Analyst

Alex Surla Merrill Lynch - Analyst

Gael de Bray Societe Generale - Analyst

Johannes Ries Cominvest - Analyst

Victor Bareno SNS Securities - Analyst

PRESENTATION Operator

Welcome to the Royal Philips Electronics first quarter results 2008 conference call on Monday April 14, 2008. For the introduction by Mr. Pierre-Jean Sivignon, Chief Financial Officer, all participants will be in a listen-only mode. After the introduction there will be an opportunity to ask questions. (OPERATOR INSTRUCTIONS). Please note that this call will be recorded and is available by webcast on the website of Royal Philips Electronics.

I will now hand the conference over to Mr. Pierre-Jean Sivignon. Please go ahead sir.

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© 2008 Thomson Financial. Republished with permission. No part of this publication may be reproduced or transmitted in any form or by any means without the prior written consent of Thomson Financial.

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