A change in the Nokia Siemens Networks Board of Directors: Siemens CEO Peter Löscher joins the Board of Nokia Siemens Networks, Klaus Kleinfeld resign

Bochum, (PresseBox) - Klaus Kleinfeld, 49, President and CEO of Siemens AG until June 30, 2007 has resigned from the Board of Directors of Nokia Siemens Networks B.V., effective as of July 1, 2007. He will be replaced by Peter Löscher, 49, President and CEO of Siemens AG, effective as of July 1, 2007.

After the changes the Board of Nokia Siemens Networks will consist of the following seven members: Nokia President and CEO, Olli-Pekka Kallasvuo (Chairman of the Nokia Siemens Networks Board); Siemens President and CEO, Peter Löscher; the head of Nokia Operational Human Resources, Juha Äkräs; Siemens CFO, Joe Kaeser; Member of the Siemens Managing Board, Eduardo Montes; head of Nokia Technology Platforms, Niklas Savander; and Nokia CFO, Rick Simonson.

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