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Koninklijke Philips (PHPE)

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Tuesday 01 August, 2000

Koninklijke Philips

Share Reduction Plan

Koninklijke Philips Electronics NV
31 July 2000

Re:  Share reduction plan by Koninklijke Philips Electronics

Amsterdam, 31 July, 2000

Effective as of Tuesday, 1 August 2000, the weighting factor for the stock
Koninklijke Philips Electronics in the Amsterdam Exchanges - index(R) will
change as a result of a share reduction by Koninklijke Philips Electronics.

The old weight is:  160.00
The new weight is:  159.30

The compiler of the Amsterdam Exchanges-index(R), the Amsterdam Midkap-index(R),
the Amsterdam Financials Sector index(R), Amsterdam Informatie Technologie
Sector index(R) and Amsterdam Telecom Sector index(R).

c/o Amsterdam Exchanges
Tel 31 20 550 4199
Fax 31 20 550 4912