© Siemens AG, O

ctober 2004

Communications

REUNERT PRESENTATION JULY 2005

© Siemens AG, O

ctober 2004

Communications Page 2

GLOBAL BUSINESS OVERVIEW

Enterprise Carriers

Siemens Com

Devices

Market € 94” (4%), € 96” (5%), € 90” (7%)

Employees 60 000 worldwide

Worldwide presence >160 Countries

Total Turnover € 17.688”

Siemens Telecommunications

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ctober 2004

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The LifeWorks@Com vision enables universal access to applications and services

Siemens Communications with its expertise in Mobile and Fixed Networks, Enterprise Networks and Devices is uniquely positioned to deliver on this vision

LifeWorks@COM

Access Fixed Networks Mobile Networks Enterprise Networks

Unified User Experience

Home On the Go Hotspot Office

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GLOBAL BUSINESS OVERVIEW – MARKET POSITION 2004

CARRIERS

Fixed Networks ­ Nr. 3

Mobile Networks ­ Nr. 3

ENTERPRISES

Enterprise Networks – Nr. 2

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GLOBAL HIGHLIGHTS Mobile Networks Mobile Networks

ØMost 3G/UMTS contracts won in 2004;

ØTrendsetter in IP­based Multimedia Subsystem (IMS), the fixed/mobile convergence application platform

ØBest­in­class wireless portfolio

Fixed networks

ØNo 1 in central office switching

ØNo 2 in soft switching

ØLeader in VoIP for cable network operators

Carrier Service ØServices provided to 300 fixed network operators and 180 mobile network operators in 150 countries;

ØGrowing three times as fast as market in value­added services

Enterprise Networks

ØNo. 1 in enterprise switching

ØNo. 1 in enterprise IP­Convergence systems

CARRIER

ENTERPRISES

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SHAREHOLDING IN SOUTH AFRICA

* New Africa Millennium Telecommunications (Pty) Limited

Siemens Southern Africa

Siemens Germany

Siemens Telecommunications

(Pty) Ltd

Siemens Real Estate Management

Siemens Financial Services

Siemens Business Services Holdings

Siemens Zambia

Siemens Botswana

Siemens Mozambique

Siemens Zimbabwe

Siemens Tanzania

Siemens Namibia

National Development Corporation of Tanzania

Siemens Business Services Germany

Sekunjalo Investment Holdings

AFRICOM *

Reunert

Siemens Business Services (Pty) Ltd

Siemens Kenya

100% 100%

40% 60% 100% 35%

13%

74%

13%

51%

80% 100% 100% 100% 25%

70%

30%

49%

Sifikile Holdings

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SIEMENS IN SADC REGIONS

§ Offices in more than 20 of the total of 53 countries § Direct representation in six of the Southern African Development Community countries, as well as Kenya § Agency representation in most of the other countries § Continental business priorities but share in the international objectives and successes

South Africa South Africa South Africa S S

D.R. Congo D.R. Congo D.R. Congo

Seychelles Seychelles Seychelles

Swaziland Swaziland Swaziland

q ±3200 employees in the region q Head office: Siemens Park, Midrand q ±3200 employees in the region q Head office: Siemens Park, Midrand

Angola Angola Angola R R Botswana Botswana Botswana S S

Malawi Malawi Malawi R R Mauritius Mauritius Mauritius R R Mozambique Mozambique Mozambique S S Namibia Namibia Namibia S S

Tanzania Tanzania Tanzania S S Zambia Zambia Zambia S S S S ­ Siemens office

Lesotho Lesotho Lesotho R R

R R ­ Representative office

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CORPORATE CITIZENSHIP

Transformation § 26% of Siemens Southern Africa owned by Black­owned companies § Diversity Management Policy in place; employee representivity has improved from 26% to 45% over the last six years 48% of goods and services procured from Black­owned and Black­ empowered suppliers (value R537million)

Corporate Social Investment § Proactively addressing HIV/Aids § Holistic HIV/Aids programme in place based on results of periodic, voluntary, non­invasive and confidential prevalence testing § Winner of the Global Business Coalition (GBC) on HIV/AIDS Award for Business Excellence in the workplace in 2004

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SIEMENS TELECOMMUNICATIONS

§ End to end solutions provider of fixed and mobile voice and

data networks, infrastructure solutions for carriers and

enterprises

§ Support of full Siemens Communications portfolio

§ Siemens South Africa Training Institute

§ Global Development Center for Mobile Core and IN

§ Remote Network Control Center for Africa & South America

§ ~1000 employees

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ctober 2004

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SIETEL ORGANISATION

Siemens Siemens Telecommunications Telecommunications

(Pty) Ltd (Pty) Ltd

Carriers Carriers Fixed Networks Fixed Networks Carriers Carriers

Mobile Networks Mobile Networks Enterprise Enterprise Networks Networks

Carriers Carriers Operations Operations

Koutny Koutny Mrosik Mrosik

Goncalves Goncalves Rowlings Rowlings Bezuidenhout Bezuidenhout Hoefner Hoefner Hill Hill Sanne Sanne Van Vuuren Van Vuuren McKibbin McKibbin

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SOUTHERN AFRICA HISTORIC OVERVIEW SOUTHERN AFRICA HISTORIC OVERVIEW

§ 1860 1st Telegraph line (Cape Town to Simons Town)

§ 1896 Foundation of Siemens & Halske South Africa

§ 1958 1st EMD electromechanical telephone exchange (Windhoek)

§ 1981 1st EWSD, electronic digital telephone exchange worldwide

(Sunninghill Park)

§ 1986 Introduction of 1st generation (C­Net) mobile telephone network (RSA)

§ 1992 Introduction of Hicom 300 (ISDN) PABX

§ 1993 Formation of Siemens Telecommunication (Pty) Ltd

§ 1994 Introduction of 2nd generation (GSM) mobile telephone network

§ 1996 Introduction of worldwide 1st Siemens IN System in RSA

§ 2004 First UMTS network on the African Continent

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DEVELOPMENT AT SIETEL

§ One of 5 Siemens offshore development centers worldwide

§ Development activities for Siemens starting with EWSD in

1989 and evolving into GSM, UMTS, IN, VAS, OSS and

Mobile Data development projects.

§ 100 engineers, computer scientists and technicians involved

in Software development, Multi­vendor systems integration

and testing, Project integration support

§ Regional development responsibility for Africa, the Middle

East, Near East and South America (40+ Countries)

§ Extensive vendor test laboratory supporting all Siemens Com

technologies

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Zambia Celtel

Zimbabwe NetOne Econet TelOne

Namibia MTC

Telekom

Botswana BTC

RSA Vodacom Cell C Telkom

Tanzania Vodacom

Malawi Celtel

Telecom

Mozambique Vodacom

TDM

Mauritius Mauritius Telecom

Swaziland Swazi Telecom

Congo Celtel

Burkina Faso Celtel

Lesotho Vodacom Telecom

Madagascar Madacom

Gambia Africell

SIETEL AFRICAN REFERENCES

Sierra Leone Lintel

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RECENT SUCCESSES – MOBILE NETWORKS

§ Vodacom: Ongoing business in 4 countries: § South Africa, Mozambique, Tanzania, Lesotho § Sole Supplier for Core 2G/3G, GPRS, UTRAN, IN PrePaid § Vodacom RSA ­ 3G Launched 20.12.2004; network being grown

§ CellC: Ongoing business in SA § Siemens sole supplier for GSM equipment § IPS and Charging@vantage bundled project awarded

§ SADC and RoA: § Celtel 4 projects (Zambia, CongoB, Malawi, Burkina Faso) § Econet Zimbabwe: SDH ring awarded § Net*One Zimbabwe: MSC Upgrade § Sierra Leone Lintel: Phase 2 awarded § Gambia : Phase 3 awarded

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§ TELKOM System Care Contract

§ TELKOM Softswitch project (NGN)

§ TDM Mozambique backbone

§ Malawi Telecom

§ Telecom Namibia ­ ISC

RECENT SUCCESSES – FIXED NETWORKS

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MARKETS – ENTERPRISE NETWORKS

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§ LEGACY HOTELS

(MICHELANGELO LUXURY APARTMENTS)

§ NELSON MANDELA / PE TECHNIKON :

7 NODE NETWORK

§POTCHEFSTROOM UNIVERSITY :

5 NODE VOIP NETWORK

§ TRACKER : HQ & 220 AGENT CALLCENTRE

§ TELKOM :

1200 AGENT NETWORKED CALLCENTRE

§ BP : CORPORATE HEAD OFFICE WATERFRONT CAPE TOWN

§ DEPT. OF EDUCATION :

NATIONAL REPLACEMENT OF CORE VOICE TECHNOLOGY

§WESTCLIFF HOTEL : NEW DECT INSTALLATION

RECENT SUCCESSES

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FOCUS & DEVELOPMENT

§ CORPORATE ACCOUNTS

§ VERTICAL SOLUTIONS

§ MANAGED SERVICES

§ PROFESSIONAL SERVICES

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TURNOVER & OPERATING PROFIT PER YEAR

Turnover Turnover ­ ­ Total Total

Operating Operating Profit Profit

EBIT EBIT

2002 2002

5,128 5,128

544 544

2003 2003

3,534 3,534

­ ­162 162

2004 2004

3,302 3,302

320 320

2005 (Half Yr) 2005 (Half Yr)

1,764 1,764

142 142

In Million Rand In Million Rand

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KEY MARKET TRENDS

Convergence

Managed and Professional Services

Technology shifting from voice centric to data centric

Growth in Africa

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Home Networks Home

Networks

Mobile Networks Mobile Networks Fixed

Networks Fixed

Networks

Enterprise Networks Enterprise Networks

CONVERGENCE OF NETWORKS, SERVICES AND APPLICATIONS

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Home Home Entertainment Entertainment

Home Networks Home

Networks

Mobile Networks Mobile

Networks Fixed Networks Fixed

Networks

Enterprise Networks Enterprise Networks

CONVERGENCE OF NETWORKS, SERVICES AND APPLICATIONS

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Home Home Entertainment Entertainment Mobile Enterprise Mobile Enterprise

Home Networks Home

Networks

Mobile Networks Mobile Networks Fixed

Networks Fixed

Networks

Enterprise Networks Enterprise Networks

CONVERGENCE OF NETWORKS, SERVICES AND APPLICATIONS

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Fixed/Mobile convergence Fixed/Mobile convergence

Home Home entertainment entertainment Mobile Enterprise Mobile Enterprise

Home Networks Home

Networks

Mobile Networks Mobile

Networks Fixed Networks Fixed

Networks

Enterprise Networks Enterprise Networks

CONVERGENCE OF NETWORKS, SERVICES AND APPLICATIONS

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DATA & SERVICES WILL DOMINATE THE ENTERPRISE MARKET

Source: Datamonitor, Frost & Sullivan, Gartner, IDC, MZA, Internal Research

2004 2007

Platforms/ devices

Applications

Services 5%

CAGR 04­07

8%

6%

COM focus areas

Enterprise services

Voice communication platforms, data networks, clients and devices

€90

Applications

IT security 16%*

*Including services

Security

€112 € bn

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ENTERPRISE MARKET TREND ­ HOSTING

2003­2008 CAGR 7.9%

Shipments (000)

Voice line shipment total market forecast

5,000

10,000

15,000

20,000

25,000

2003 2004 2005 2006 2007 2008

Hosted IP­PBX

Centrex

Managed IP­PBX

IP­PBX (purchase)

KTS

PBX

34.6%

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DATA & SERVICES WILL DOMINATE THE CARRIERS MARKET

Source: Gartner, IDC, Ovum, Dell‘Oro, Infonetics, Internal Research

96

2004 2007

Equipment

Applications

Services 8%

CAGR 04­07

12­20%

0­4%

COM focus areas

Carrier services (professional services 9­10%)

Hosted office, mobile enterprise, home entertainment

Nextgen equipment for fixed and mobile network operators: CAGR 35­45%

Carrier Ethernet: CAGR: 25­35%

VoIP: CAGR 35­45%

€ billion

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Communications Page 28

AFRICA FIXED LINE & MOBILE SUBSCRIBER GROWTH 2004 – 2009 (millions)

Subscriber Growth ­ Africa

0

20

40

60

80

100

120

140

160

180

2004 2005 2006 2007 2008 2009

Subscribers (Millions)

13% p.a.

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Key strategic goals

Maintain and further strengthen Position in RSA

Focus on Managed and Professional Services

Focus on Data solutions

Growth in Africa