Andreas Sauer appointed as head of the new Controlling & Projects department at Infineon

Neubiberg – October 16, 2008 – Effective November 1, Andreas Sauer (39) will take over as head of the new Controlling & Projects department. In this capacity, Andreas Sauer will report directly to CFO Dr. Marco Schröter. The department is responsible for corporate and division controlling.

Andreas Sauer was previously employed at Schenker AG and headed the Corporate Finance Projects department there.

Infineon Technologies AG, Neubiberg, Germany, offers semiconductor and system solutions addressing three central challenges to modern society: energy efficiency, communications, and security. In the 2007 fiscal year (ending September), the company reported sales of Euro 7.7 billion (including Qimonda sales of Euro 3.6 billion) with approximately 43,000 employees worldwide (including approximately 13,500 Qimonda employees). With a global presence, Infineon operates through its subsidiaries in the U.S. from Milpitas, CA, in the Asia-Pacific region from Singapore, and in Japan from Tokyo. Infineon is listed on the Frankfurt Stock Exchange and on the New York Stock Exchange (ticker symbol: IFX).

Further information is available at www.infineon.com.