Siemens to Supply Power Plant Components to Israel

Order worth approximately EUR200 million

Siemens Energy has received an order from the state-owned Israeli utility Israel Electric
Corp. (IEC) for the supply of components for three gas turbine power plants. The order also
contains an option for the supply of components for another power plant. The plants are
scheduled to come on line by the summer of 2010. The order volume is approximately
EUR200 million.

For the power generating stations Ramat Hovav, Hagit and Eskhol, each with an installed gas turbine
capacity of 287 MW, Siemens will supply three SGT5-4000F gas turbines, three air-cooled
generators, the exhaust stack and the air intake system. The order also covers the electrical and
instrumentation & control equipment for the turbine-generators, fuel conditioning systems and
engineering work. The facilities will initially be operated as gas turbine power plants and are then
be converted by IEC in a second phase to combined cycle stations.

"Siemens has already outfitted the Haifa, Hagit and Gezer facilities with power plant equipment.
Securing the order for the new power plant projects in Israel once again demonstrates that we are
making good progress with the expansion of our component business. Our advanced gas turbine
technology will significantly contribute toward climate-friendly, reliable and at the same time
economic power supply in Israel," said Michael Suess, CEO of the Fossil Power Generation
Division of Siemens Energy.

"Over the next few years Israel's power demand will rise significantly. Against this backdrop it is
important that the country's installed power plant capacity is further expanded. IEC will be building
five new power plants in the next two years. Siemens is helping us to quickly implement these
plans," said Amos Lasker, CEO of IEC.

The Siemens Energy Sector is the world's leading supplier of a complete spectrum of products, services and solutions
for the generation, transmission and distribution of power and for the extraction, conversion and transport of oil and gas.
In fiscal 2007 (ended September 30), the Energy Sector had revenues of approximately EUR20.3 billion and received
new orders totaling around EUR28.5 billion and posted a profit of EUR1.8 billion. The Energy Sector had a work force of
73,500 at the beginning of fiscal 2008. Further information is available at:

Media Relations: Alfons Benzinger
Phone: +49 9131 18-7034
Siemens AG
Energy Sector - Division Fossil Power Generation
Freyeslebenstr. 1, 91058 Erlangen, Germany

Siemens AG
Corporate Communications and Government Affairs
Wittelsbacherplatz 2, 80333 Munich

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