For Third Consecutive Quarter Siemens Tops World's DSL Revenue Share Ranking, According to Market Research Firm The Dell'Oro Group.

DALLAS -- Siemens Subscriber Networks, Inc., an affiliate of Siemens Communications, Inc., each of whose ultimate parent is Siemens AG (NYSE: SI), today announced that The Dell'Oro Group's Quarterly Access Report for Q3 2004 has ranked Siemens first in digital subscriber line (DSL) worldwide revenue share for the third consecutive quarter.

Siemens' 16.3 percent share of global DSL customer premises equipment (CPE) revenues beat all other vendors of DSL CPE. In addition, Siemens tied with Thomson for global unit sales, with a 15.1 percent share. Regionally, Siemens was first in the North American market with a 40.5 percent unit share.

These rankings continue the market leadership in DSL CPE that Siemens established in 2002 with its SpeedStream(R) portfolio of residential and business-class DSL solutions including modems, gateways and routers, wireless and Integrated Access Devices (IADs).

With Siemens' broadband offerings that incorporate today's most advanced DSL technologies along with sophisticated deployment and management software, more than 60 major service providers throughout the world are able to bring both their residential and business customers DSL broadband solutions with greater functionality and flexibilility than previous generations of DSL CPE. What's more, Siemens' adherence to open standards, network interoperability and alliances with leading component vendors enables it to drive costs down so that service providers can maximize their profitability from every DSL circuit they deploy, boosting cash flow and return on investment.

According to Cliff Thompson, president of Siemens Subscriber Networks, Inc., The Dell'Oro Group's rankings are evidence that the two-fold broadband CPE strategy of Siemens is working. "On the one hand, we're driven to enhance DSL's economics and profitability for our service provider customers. At the same time, we're determined to help them make the broadband subscriber experience the very best it can be for their customers, whether they're at work, at home or anywhere in between."

About Siemens

Siemens AG (NYSE:SI) is one of the largest global electronics and engineering companies with reported worldwide sales of $91.3 billion in fiscal 2004. Founded more than 150 years ago, the company is a leader in the areas of Automation and Control, Information and Communications, Lighting, Medical, Power and Transportation. With its U.S. corporate headquarters in New York City, Siemens in the USA has sales of $16.6 billion and employs 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 430,000 people in 192 countries. For more information on Siemens in the United States: www.usa.siemens.com

About Siemens Communications, Inc.

Siemens Communications, Inc., offers its customers a broad portfolio of communication products and services and is a leader in convergent technologies, products and services for wireless, fixed and enterprise networks. The company's portfolio ranges from devices for end users to complex network infrastructures and complementary services for enterprises, carriers and service providers. Siemens Communications, Inc., is headquartered in Boca Raton, Fla. For more information, visit www.usa.siemens.com/communications

Note: SpeedStream is a registered trademark of Siemens AG or its affiliates. All other company, brand, product and service names are trademarks or registered trademarks of their respective holders.

This release contains forward-looking statements based on beliefs of Siemens management. The words "anticipate," "believe," "estimate," "forecast," "expect," "intend," "plan," "should," and "project" are used to identify forward-looking statements. Such statements reflect the company's current views with respect to future events and are subject to risks and uncertainties. Many factors could cause the actual results to be materially different, including, among others, changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products, lack of acceptance of new products or services and changes in business strategy. Actual results may vary materially from those projected here. Siemens does not intend or assume any obligation to update these forward-looking statements.