Infineon Reports Third Quarter Results for Fiscal Year 2004

Quarterly revenues increased 14 percent sequentially to Euro 1.9 billion

Accrual in connection with DRAM antitrust investigations increased by Euro 184 million

Quarterly net loss of Euro 56 million and EBIT of Euro 2 million after accrual

Net income in the third quarter before accrual improved significantly to Euro 107 million, from Euro 39 million sequentially and a net loss of Euro 116 million year-on-year

Quarterly EBIT of Euro 186 million before accrual increased from Euro 71 million in the previous quarter, and from an EBIT loss of Euro 116 million year-on-year

Operating cash flow increased to over Euro 500 million in third quarter; free cash flow significantly improved to Euro 146 million

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