Declaration of Carbon Neutrality for Philips SpeedStar, Road Lighting LED Luminaire

March 21, 2011

London, UK - Royal Philips Electronics (NYSE: PHG, AEX: PHI) is pleased to announce that its award winning SpeedStar LED road lighting luminaire has been given the certificate of carbon neutrality. The certificate acknowledges that the emissions of carbon caused by the production* and recycling of the SpeedStar fitting has been offset by investing in greenhouse gas reduction projects from the Climate Neutral Group**. This programme will soon be extended to all Philips key outdoor luminaire ranges including CitySoul and CitySpirit.

This initiative compliments the Philips EcoVision programme, which has also drastically reduced the environmental impact of Philips manufacturing plants over the last decade.

The SpeedStar luminiare, recently honoured with the iF product design award 2011, has been designed to help local authorities create more livable urban environments. Whilst concerned for road safety, city and town councils are coming under increasing pressure to reduce energy consumption at the same time as complying with lighting standards. Philips SpeedStar addresses these issues boasting best in class energy saving and minimal maintenance. This carbon-neutral lighting solution incorporates a compact flat LED engine which is easy to replace and which also offers the flexibility of a modular system. As well as ensuring bright, functional road lighting, its stylish design appeals to architects and urban planners.

Philips LED solutions for streets and roads can save up to 70% of the energy consumed by existing outdoor lighting, without compromising on lighting performance, ensuring they remain fully compliant with current norms and regulations in place for street lighting.

Further information

Notes to Editors

*Includes all materials plus transportation of all the parts from suppliers to Philips’ factory
**The Climate Neutral Group is a social venture investing in a wide portfolio of greenhouse gas reduction projects around the world, thus generating carbon credits. These projects are verified by independent organisations that have been accredited by the UN, according to the highest international standards (CDM, Gold Standard, VCS and CCBA. More information can be found at www.climateneutralgroup.com

For more information contact: -
Barbara Neate

Media Relations Manager, Philips Lighting UK

Tel: + 44 (0) 1483 293 071

E- mail: Barbara.neate@signify.com

About Royal Philips Electronics

Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is a diversified health and well-being company, focused on improving people’s lives through timely innovations. As a world leader in healthcare, lifestyle and lighting, Philips integrates technologies and design into people-centric solutions, based on fundamental customer insights and the brand promise of “sense and simplicity”. Headquartered in the Netherlands, Philips employs 119,000 employees in more than 60 countries worldwide. With sales of EUR 25.4 billion in 2010, the company is a market leader in cardiac care, acute care and home healthcare, energy efficient lighting solutions and new lighting applications, as well as lifestyle products for personal well-being and pleasure with strong leadership positions in flat TV, male shaving and grooming, portable entertainment and oral healthcare. News from Philips is located at www.philips.com/newscenter.