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Siemens AG

Siemens AG (NYSE: SI)

MURRAY, FRANK & SAILER LLP is investigating securities fraud claims against Siemens AG (NYSE: SI), on behalf of purchasers of Siemens AG American Depositary Receipt Shares ("ADRs") between November 8, 2007 and April 30, 2008, inclusive (the "Class Period").

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During the Class Period, Siemens AG allegedly made materially false and misleading statements concerning its ability to generate revenue and achieve earnings expectations once it had put an end to widespread fraud, bribery and other illegal and corrupt activities in order to obtain contracts or retain business. As the truth was revealed, Siemens AG shares fell drastically, causing billions of dollars of losses to Siemens AG shareholders.

If you are a member of the class described above, you may move the Court, not later than February 5, 2010, to serve as Lead Plaintiff for the class. A Lead Plaintiff is a representative chosen by the Court who acts on behalf of other class members in directing the litigation. You do not need to be a Lead Plaintiff to be included in the class. If you purchased Siemens AG securities and wish to discuss this litigation, or have any questions concerning this notice or your rights or interests with respect to these matters, please contact us.

Contact:

MURRAY, FRANK & SAILER LLP

Eva Hromadkova

212-682-1818

800-497-8076

[email protected]

www.murrayfrank.com

MURRAY, FRANK & SAILER LLP
275 Madison Avenue, Suite 801
New York, NY 10016
Phone: (212) 682-1818
Toll-Free: (800) 497-8076

Fax: (212) 682-1892
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