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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000891836-01-500224.txt : 20010730
<SEC-HEADER>0000891836-01-500224.hdr.sgml : 20010730
ACCESSION NUMBER:		0000891836-01-500224
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20010725
FILED AS OF DATE:		20010727

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			KONINKLIJKE PHILIPS ELECTRONICS NV
		CENTRAL INDEX KEY:			0000313216
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRONIC & OTHER ELECTRICAL EQUIPMENT (NO COMPUTER EQUIP) [3600]
		STATE OF INCORPORATION:			P7
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		
		SEC FILE NUMBER:	001-05146-01
		FILM NUMBER:		1690453

	BUSINESS ADDRESS:	
		STREET 1:		REMBRANDT TOWER AMSTELPLEIN 1
		STREET 2:		1096 HA AMSTERDAM
		CITY:			THE NETHERLANDS

	MAIL ADDRESS:	
		STREET 1:		REMBRANDT TOWER AMSTELPLEIN 1
		STREET 2:		1096 HA AMSTERDAM
		CITY:			THE NETHERLANDS

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PHILIPS ELECTRONICS N V
		DATE OF NAME CHANGE:	19930727
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>sc138831.htm
<DESCRIPTION>REPORT OF FOREIGN ISSUER
<TEXT>

<HTML>
<HEAD>
<TITLE>
Form 6-K - Report of Foreign Issuer
</TITLE>
</HEAD>
<BODY>

<P ALIGN=RIGHT><B>                                             2001 - 8</B></P>
<BR><BR><BR><BR>

<CENTER>SECURITIES AND EXCHANGE COMMISSION<BR><BR>

Washington, D.C.<BR>
20549<BR>
<HR SIZE=1 WIDTH=15% NOSHADE>
<BR>
<B>FORM 6-K<BR><BR>

REPORT OF FOREIGN ISSUER</B><BR><BR>

Pursuant to Rule 13a-16 or 15d-16 of the<BR>
Securities Exchange Act of 1934<BR><BR>

For the period commencing July 17, 2001 through July 25, 2001<BR><BR>

<HR SIZE=1 WIDTH=25% NOSHADE>
<BR><BR><BR>

<B>KONINKLIJKE PHILIPS ELECTRONICS N.V.</B>
<BR><BR><BR>

<HR SIZE=1 WIDTH=35% NOSHADE>
(Name of registrant)<BR><BR>

Rembrandt Tower, Amstelplein 1, 1096 HA Amsterdam, The Netherlands<BR><BR><BR>

<HR SIZE=1 WIDTH=45% NOSHADE>
(Address of principal executive offices)<BR><BR>

Indicate by check mark whether the registrant files or will file annual<BR>
reports under cover of Form 20-F or Form 40-F:<BR><BR>

Form 20-F&nbsp;&nbsp; <U>X</U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Form 40-F <U>&nbsp;&nbsp;&nbsp;</U><BR><BR>

Indicate by check mark whether the registrant by furnishing the information<BR>
contained in this form is also thereby furnishing the information to the<BR>
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:<BR><BR>

Yes <U>&nbsp;&nbsp;&nbsp;</U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No&nbsp;&nbsp;<U>X</U><BR><BR>

If &#147;Yes&#148; is marked, indicate below the file number assigned to the<BR>
registrant in connection with Rule 12g3-2(b); 82-___________.<BR><BR>

Name and address of person authorized to receive notices<BR>
and communications from the Securities and Exchange Commission:<BR><BR><BR>

Andrew D. Soussloff, Esq.<BR>
Sullivan &amp; Cromwell<BR>
125 Broad Street<BR>
New York, New York 10004</CENTER>


<PAGE>


<P>This report comprises a copy of the press release entitled &#147;Philips
places EUR 2.0 billion Eurobond&#148;, dated July 17, 2001.</P>

<P>Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrants have duly caused this report to be signed on their behalf, by the
undersigned, thereunto duly authorized at Amsterdam, on the 26th day of July,
2001.</P>

<BR><BR><BR><BR>


<CENTER><B>KONINKLIJKE PHILIPS ELECTRONICS N.V.</B>
<BR><BR><BR><BR><BR>

/s/ G.J. Kleisterlee<BR>
<B>G.J. Kleisterlee</B><BR>
(Executive Vice-President,<BR>
Member of the Board of Management<BR>
and Chief Operating Officer)<BR><BR><BR><BR><BR>

/s/ A.P.M. van der Poel<BR>
<B>A.P.M. van der Poel</B><BR>
(Executive Vice-President,<BR>
Member of the Board of Management)</CENTER>


<PAGE>


<P><B>----- PRESS RELEASE --------<BR><BR><BR>

PHILIPS PLACES EUR 2.0 BILLION EUROBOND</B></P>

<P><B>Amsterdam, The Netherlands, 25 July 2001</B> - Royal Philips Electronics of the
Netherlands (AEX: PHI, NYSE: PHG) today placed a Eurobond issue (&#147;the Notes&#148;)
for a total amount of EUR 2.0 billion.</P>

<P>Philips has placed a floating rate and a fixed rate tranche both maturing in
July 2004. The floating rate Notes are being offered in the aggregate principal
amount of EUR 1 billion, have a coupon of 6-month Euribor plus 0.625% and an
issue price of 99.8467%. The floating rate Notes are redeemable in whole at the
option of Philips in August 2003 at the price of 100.35%.</P>

<P>The fixed rate Notes are being offered in the aggregate principal amount of EUR
1.0 billion, have a coupon of 5.125% and an issue price of 99.756% resulting in
a yield of 5.2175%.</P>

<P>The Notes will be listed at the Official Segment of Euronext Amsterdam N.V.&#146;s
stock market.</P>

<P>The proceeds will be used for general corporate purposes.</P>


<P><I>For further information:<BR>
Andr&eacute; Manning, Philips Corporate Communications, tel: +31 20 59 77 199</I></P>

<P><B>The Notes have not and will not be registered under the U.S. Securities
Act of 1933 (the &#147;Act&#148;) and may not be offered or sold in the United
States absent registration under the Act or an applicable exemption from the
Act&#146;s registration requirements.<BR><BR>

Royal Philips Electronics of the Netherlands is one of the world&#146;s biggest
electronics companies and Europe&#146;s largest, with sales of EUR 37.9 billion
in 2000. It is a global leader in color television sets, lighting, electric
shavers, color picture tubes for televisions and monitors, and one-chip TV
products. Its 219,400 employees in more than 60 countries are active in the
areas of lighting, consumer electronics, domestic appliances, components,
semiconductors, and medical systems. Philips is quoted on the NYSE (symbol:
PHG), London, Frankfurt, Amsterdam and other stock exchanges. News from Philips
is located at <U>www.news.philips.com</U></B></P>
<BR><BR>

<P ALIGN=CENTER>1/1</P>

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