Hsinchu, Taiwan - September 24, 2009 – Today Philips (NYSE:PHG, AEX: PHI) and Epistar (TSE:2448) announced that they have reached an agreement to amicably settle the current intellectual property disputes between the companies. Philips has granted Epistar a license under its AlInGaP LED technologies. With the license agreement, all claims and counterclaims are dismissed. The exact terms of the license will not be disclosed.

This press release can be downloaded from www.newscenter.philips.com or www.epistar.com.tw/news-e.htm

For further information, please contact:

Björn Teuwsen

Philips Intellectual Property & Standards

Tel. +31 40 27 40588

björn.teuwsen@philips.com

Rider Chang

Epistar Corporation

Corporate Spokesperson

Tel:+886-3-5783078#3203

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 approximately 116,000 employees in more than 60 countries worldwide. With sales of EUR 26 billion in 2008, 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

About Epistar Corporation

Epistar Corporation, headquartered in the Hsinchu Science-based Industrial Park, Taiwan since September 1996, focuses on developing, manufacturing and marketing high brightness Light Emitting Diode (LED) products. Applying its own proprietary Metal Organic Vapor Phase Epitaxy (MOVPE) technology, Epistar has successfully commercialized the full spectrum range of high brightness LEDs with the characteristics of compact size, low power consumption and long operation life. For further information, please visit: www.epistar.com.tw/news-e.htm