DGAP-Adhoc: INFINEON intends to reduce its debt by

Infineon Technologies AG / Miscellaneous

05.05.2009 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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NOT FOR DISTRIBUTION INTO THE UNITED STATES OF AMERICA, THE REPUBLIC OF
ITALY, CANADA, AUSTRALIA OR JAPAN. THIS NOTICE IS NOT A PROSPECTUS AND, TO
THE EXTENT THAT IT MAY CONSTITUTE AN ADVERTISEMENT, DOES NOT CONSTITUTE AN
OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO PURCHASE SECURITIES OF
INFINEON TECHNOLOGIES AG.

INFINEON intends to reduce its debt by purchasing outstanding convertible
and exchangeable notes

The management board of Infineon Technologies AG (the 'Company') has
resolved to solicit offers from the holders of the outstanding convertible
notes of INFINEON TECHNOLOGIES HOLDING B.V. and the outstanding
exchangeable notes of INFINEON TECHNOLOGIES INVESTMENT B.V., each
guaranteed by the Company, for the sale of such notes to the Company. The
Company's solicitation of offers for the sale of these notes aims at the
reduction of its outstanding debt.

The Company intends to use up to EUR 150,000,000.00 for the purchase of
these notes, with the maximum purchase price for the exchangeable notes and
the convertible bonds being 75% of the nominal amount. The Company will
determine the final purchase prices upon receipt of offers pursuant to a
modified Dutch auction process, so that all offers submitted at or below
the final purchase prices will be accepted up to the aggregate of EUR
150,000,000.00. Within the framework of the auction process, the Company
may exercise its sole and absolute discretion in determining the purchase
prices and the number of notes to be purchased.

Infineon Technologies AG 
Investor Relations & Financial Communication 
Am Campeon 9 
D-85579 Neubiberg 
Germany


Contact:
Investor Relations, Tel.: +49 89 234-26655, Fax: +49 89 234-9552987




DGAP 05.05.2009 
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Language:     English
Issuer:       Infineon Technologies AG
              Am Campeon 1-12
              85579 Neubiberg
              Deutschland
Phone:        +49 (0)89 234-26655
Fax:          +49 (0)89 234-955 2987
E-mail:       investor.relations@infineon.com
Internet:     www.infineon.com
ISIN:         DE0006231004
WKN:          623100
Indices:      TecDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Hannover, München, Hamburg, Düsseldorf, Stuttgart;
              Terminbörse EUREX; Foreign Exchange(s) NYSE
End of News                                     DGAP News-Service
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DGAP-Adhoc: INFINEON intends to reduce its debt by purchasing outstanding convertible and exchangeable notes
