Siemens AG will increase its stake in Siemens Limited from 55.3% to 75%. During the offer period, which began 25 March 2011 and ended 13 April 2011, shareholders of Siemens Limited offered to sell Siemens AG a total of 29% of all outstanding shares, nearly 1.5 times the amount to be acquired. To attain 75%, Siemens will acquire an additional stake of 19.7% from the offerers, on a proportional basis. This decision will enable Siemens to successfully further develop its business in India. The successful increase in the shareholding assumes that all shareholder offers are valid. The shares are traded on the National Stock Exchange of India Limited and the Bombay Stock Exchange Limited; the public offer is being overseen by HSBC Securities and Capital Markets (India) Private Limited.