Pamela Knapp joins the Group Executive Management of Siemens Power Transmission and Distribution

ERLANGEN, Germany, August 5, 2004 — On July 1 Pamela Knapp (46) became the third member of the Group Executive Management of Siemens Power Transmission and Distribution (PTD) in Erlangen. Here she is responsible for Group Business Administration and for Latin America as well as Northern, Southern and Western Europe. PTD Group Executive Management is now made up of Dr. Udo Niehage (President), Dr. Jàƒ¼rgen Schloss and Pamela Knapp.

After finishing an apprenticeship with Siemens and studying economics in Munich and Berlin, in 1988 Pamela Knapp went through a trainee program at Deutsche Bank in Berlin. As of 1989 she served as a management consultant for Mergers & Acquisitions with two other companies before returning to Siemens in 1992. There she was the head of the Strategic Projects department of the Transportation Systems Group. In 1994 she subsequently attained the rank of Subdivisional Head for Service and Maintenance in the Mass Transit Division.

In 1997 Pamela Knapp moved to Corporate Finance, a year later taking charge of business administration at the Belgium/Luxembourg regional office. In January 2001 she was appointed Head of Corporate Executive Development in Munich, also responsible for compensation systems for executive employees.

About Siemens

The Siemens Power Transmission and Distribution Group (PTD), with its Head Office in Erlangen (Germany), ensures as a product supplier, system integrator and service provider reliable transmission of electrical energy from the generating plant to the consumer. With a workforce of about 16,400, 32 manufacturing facilities and 14 engineering and service locations around the world, Siemens PTD, the Number Two on the global market for power transmission and distribution, achieved in the 2003 fiscal year (ended September 30) sales of EUR 3.4 billion and a Group profit from operations of EUR 207 million.

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