Dr. Erk Thorsten Heyen New Head of SMS Group - Dr. Thomas Marquardt Takes over Human Resources - Annika Farin Responsible for Organizational Development and Strategic Human Personnel Management

Munich, Germany, September 1, 2003 - Effective September 1, 2003, Dr. Erk Thorsten Heyen (37) will take over worldwide responsibility for Infineon's Secure Mobile Solutions (SMS) group. The physics graduate began his career in 1992 at McKinsey&Company as a member of the Telecommunication Practice. Between 1996 and 2001 he performed various management functions in different business areas at Bertelsmann AG, primarily in the sector of electronic media. His last post there was Chief Financial Officer of the E-Commerce Division. From 2001 to 2003 Heyen was CEO at Unit.Net AG. Effective August 31, 2003, Ulrich Hamann, previously head of SMS, has left Infineon to take up new challenges outside the company. In November 2002, Infineon founded the Secure Mobile Solutions group as part of its Agenda 5-to-1 strategy and bundled the activities of the previous Mobile Communication and Security and Smart Card ICs groups within this group.

Since July 1, 2003, Dr. Thomas Marquardt (46) has taken over the international human resources area at Infineon as Global Head of Human Resources. He will further strengthen the global position of the area by incorporating the regional and local human resources organizations. In the last 12 years this law graduate has performed various functions in Germany and abroad in the human resources area of Deutsche Bank. These include for example heading up human resources at Deutsche Bank in Asia and setting up an international unit for a global division of Deutsche Bank. His predecessor Jürgen Buschmann left Infineon on August 31, to take up new duties outside Infineon.

In addition, Infineon is implementing the new department, People & Organization, within the Corporate Center, for which Annika Farin (31) has global responsibility. Her task in particular is the complete implementation of strategic personnel and organizational development, including promotion, development and supervision of managers, as well as setting up a shared management culture. After studying business administration and psychology, Farin worked from 1996 as a corporate consultant at McKinsey&Company. She has been responsible for managing projects in the fields of Change Management and People Management in various industries.

Infineon Technologies AG, Munich, Germany, offers semiconductor and system solutions for the automotive and industrial sectors, for applications in the wired communications markets, for secure mobile solutions, as well as memory products. With a global presence, Infineon operates in the US from San Jose, CA, in the Asia-Pacific region from Singapore and in Japan from Tokyo. In the fiscal year 2002 (ending September), the company achieved sales of 5.21 billion euros with about 30,400 employees worldwide. Infineon is listed on the DAX index of the Frankfurt Stock Exchange and on the New York Stock Exchange (ticker symbol: IFX). Further information is available at www.infineon.com