Philips launches the slimmest DVD model in India

Company press release, April 3, 2003

New Delhi

Philips India Limited, a subsidiary of the Netherlands based Royal Philips Electronics, introduced its new ultra-slim DVD-Video player, the DVD 733K with a Karaoke & Language Learning (Helps you learn to sing or perfect your pronunciation) facility. The Philips 733K is stylishly designed to appeal to consumers who want to combine superior digital video performance with outstanding design quality. The DVD 733K has an ultra-slim format with a stylish design and detailing that will clearly re-enforce the numero uno position of Philips DVD players. Moreover at just 5cms it is the slimmest DVD player in India.

In order to view digital photos on TV in a JPEG format the DVD 733 K has a Picture CD Feature. The DVD 733 K is also armed with a Smart Picture feature for the convenience of ideal and personal settings. The Digital Zoom Advanced high resolution for extreme close ups gives a better picture quality. Numerous picture enhancement features in the Philips DVD 733K are combined to create a premium home viewing experience.

Like all Philips DVD-Video players, the DVD 733K plays all DVD-Video, Video CD, MP3 and Audio CD discs, making it an ideal multi-format home player. As well as standard Audio CDs, the DVD 733K also plays users' own recordings made on CD-R discs, CD-ReWritable (CD-RW) discs and DVD+R/RW Discs.

The Philips Next Generation DVD 733K is available in premium Consumer Electronics showrooms, in select cities across the country, at an MRP of Rs. 14990/-

Philips India Limited, a subsidiary of the Netherlands based Royal Philips Electronics N. V., is a leader in Lighting, Consumer Electronics, Components, Semiconductors, Domestic Appliances & Personal Care with an unmatched range of internationally current products backed by superior design and technology. It also has an excellent distribution and after-sales service network. Philips has been operating in India for over 70 years. The company's turnover in 2001 was over Rs. 15 billion and it employs around 4000 employees in its 6 factories (including it's subsidiary company) and in several sales offices around the country. Philips India Limited shares are listed on Bombay and Calcutta Stock Exchanges.

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 32.3 billion in 2001. It is a global leader in color television sets, lighting, electric shavers, medical diagnostic imaging and patient monitoring, and one-chip TV products. Its 184,000 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 further information please contact:

Gauri Ambardekar-Raje,

Press Relations, Consumer Electronics Division

Philips India

Tel: 022- 5691 2000

Extension: 2276

Email: gauri.ambardekar-raje@philips.com