- Ideal for educational settings, the 17-inch multimedia CRT monitors are reliable, compact and offer great value for money -

Dubai, UAE, July 18, 2004 - Philips Electronics today announced its largest-ever order of computer monitors for a single client in the Middle East.

The Kuwait Ministry of Education placed the order through Philips' local distributor ZAK Computer Systems, which won the tender for the 12,000 units of the 17-inch multimedia CRT monitors. Installation is scheduled to take place this month.

"We are delighted that the ministry has selected Philips computer monitors for use in its schools. The Philips 107E56 is ideal for placement in educational settings because it offers great value for money, as well as Philips reliability and a compact design that is convenient for the classroom," said Khalid Tuer, Philips Regional General Manager, Middle East and Africa.

"We also are proud to play a supporting role in the educational system that is using the latest IT equipment to teach the children of Kuwait, who represent its future. We see this as another way that our products and solutions can make things better for current and future generations," Tuer added.

-Ends-

About Royal Philips Electronics
Royal Philips Electronics of the Netherlands is one of the world's biggest electronics companies and Europe's largest, with sales of EUR 31.8 billion in 2002. It is a global leader in colour television sets, lighting, electric shavers, medical diagnostic imaging and patient monitoring, and one-chip TV products. Its 170,000 employees in more than 60 countries are active in the areas of lighting, consumer electronics, domestic appliances, components, semiconductors, and medical systems. Philips is quoted on the NYSE (symbol: PHG), London, Frankfurt, Amsterdam and other stock exchanges. News from Philips is located at www.philips.com/newscenter

For more information please contact:
Louis Hakim
Corporate Communications & Brand Manager
Philips Electronics Middle East and Africa
louis.hakim@philips.com
Tel: 04 - 33 53 666
Fax: 04 - 309 5160

© Press Release 2004