On Thursday, December 8, 2011, Royal Philips Electronics hosted a conference call to update the markets on matters related to financial reporting (including e.g. Pensions) and on the cost developments of GM&S. This is part of the usual update that, in previous years, was provided during the Capital Markets Day in Amsterdam in December. Since in 2011 we have combined two Capital Markets Days into one (September), we are providing this update by a conference call. Please find below full details.