<SEC-DOCUMENT>0001309014-12-000546.txt : 20120911
<SEC-HEADER>0001309014-12-000546.hdr.sgml : 20120911
<ACCEPTANCE-DATETIME>20120911085655
ACCESSION NUMBER:		0001309014-12-000546
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20120911
FILED AS OF DATE:		20120911
DATE AS OF CHANGE:		20120911

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]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			P7
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-05146-01
		FILM NUMBER:		121084491

	BUSINESS ADDRESS:	
		STREET 1:		BREITNER CENTER
		STREET 2:		AMSTELPLEIN 2
		CITY:			AMSTERDAM
		STATE:			P7
		ZIP:			1096 BC
		BUSINESS PHONE:		31 20 59 77777

	MAIL ADDRESS:	
		STREET 1:		BREITNER CENTER
		STREET 2:		AMSTELPLEIN 2
		CITY:			AMSTERDAM
		STATE:			P7
		ZIP:			1096 BC

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PHILIPS ELECTRONICS N V
		DATE OF NAME CHANGE:	19930727

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PHILIPS NV
		DATE OF NAME CHANGE:	19910903
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<TYPE>6-K
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<FILENAME>htm_7007.htm
<DESCRIPTION>LIVE FILING
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Koninklijke Philips Electronics N.V.&nbsp;-&nbsp;Form&nbsp;6-K
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UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, D.C. 20549</B>
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<FONT SIZE="+2" FACE="Arial"><B>FORM 6-K</B></FONT><BR>

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REPORT OF FOREIGN PRIVATE ISSUER<BR>PURSUANT TO RULE 13a-16 OR 15d-16<BR>UNDER THE SECURITIES EXCHANGE ACT OF 1934
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September 11, 2012
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	<FONT SIZE="+2"><B>Koninklijke Philips Electronics N.V.</B></FONT><BR>
	<FONT SIZE="-7">&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;</FONT>
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	<FONT SIZE="-1">(Translation of registrant&#146;s name into English)</FONT>
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	&nbsp;
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<TR><TD VALIGN="BOTTOM" ALIGN="CENTER" WIDTH="100%" COLSPAN="5"><FONT FACE="Courier" SIZE="+0">The Netherlands</FONT><BR><FONT SIZE="-7">&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;</FONT></TD></TR><TR><TD VALIGN="CENTER" ALIGN="CENTER" WIDTH="100%" COLSPAN="5"><FONT SIZE="-1">(Jurisdiction of incorporation or organization)</FONT></TD></TR><TR><TD VALIGN="BOTTOM" ALIGN="CENTER" WIDTH="100%" COLSPAN="5">&nbsp;</TD></TR>
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      <FONT FACE="Courier" SIZE="+0">Breitner Center, Amstelplein 2, 1096 BC Amsterdam, The Netherlands</FONT>
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        <FONT SIZE="-7">&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;</FONT><BR>
	    <FONT SIZE="-1">(Address of principal executive office)</FONT>
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	&nbsp;
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	Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:&nbsp;&nbsp;[<FONT FACE="Courier">x</FONT>]&nbsp;Form 20-F&nbsp;&nbsp;&nbsp;&nbsp;[<FONT FACE="Courier">&nbsp;</FONT>]&nbsp;Form 40-F
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        &nbsp;
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        Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):&nbsp;&nbsp;[<FONT FACE="Courier">&nbsp;</FONT>]
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        &nbsp;
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        Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):&nbsp;&nbsp;[<FONT FACE="Courier">&nbsp;</FONT>]
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        Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:&nbsp;&nbsp;[<FONT FACE="Courier">&nbsp;</FONT>]&nbsp;Yes&nbsp;&nbsp;&nbsp;&nbsp;[<FONT FACE="Courier">x</FONT>]&nbsp;No
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        &nbsp;
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        If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):&nbsp;&nbsp;&nbsp;<FONT FACE="Courier"><U>&nbsp;n/a&nbsp;</U></FONT>
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        &nbsp;
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<PRE>
This report comprises a copy of the following press release:

- &#8220;Philips gives update on its Accelerate! program that continues to make good
progress&#8221;, dated September 11, 2012.

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<B>SIGNATURES</B>
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       Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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       &nbsp;
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    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="4%%">
       &nbsp;
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    <TD VALIGN="BOTTOM" ALIGN="LEFT" WIDTH="56%">
       Koninklijke Philips Electronics N.V.
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       &nbsp;
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       Date: September 11, 2012
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       By:
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       /s/ E.P. Coutinho <BR><HR WIDTH="30%" NOSHADE>
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       Name:&nbsp;
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        E.P. Coutinho
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       Title:
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       General Secretary
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EXHIBIT&nbsp;INDEX
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      <FONT SIZE="-1"><B>Description</B></FONT>
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      <FONT SIZE="-1">99<FONT>
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      <FONT SIZE="2">Press release</FONT>
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<SEQUENCE>2
<FILENAME>exhibit1.htm
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Exhibit&nbsp;&nbsp;EX-99
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<P align="left" style="font-size: 10pt"><FONT style="font-size: 11pt">Philips gives update on its Accelerate! program that continues to make good progress
</FONT>

<P align="left" style="font-size: 11pt">September&nbsp;11, 2012


<P align="left" style="font-size: 11pt">Additional EUR 300&nbsp;million identified cost savings will further remove duplication and reduce
complexity


<P align="left" style="font-size: 11pt">London, UK <B>&#150; </B>At a meeting with investors and financial analysts today in London, UK, Royal Philips
Electronics (NYSE: PHG, AEX: PHIA) will update the financial markets on the developments in the
Lighting&nbsp;and&nbsp;Consumer Lifestyle&nbsp;sectors.


<P align="left" style="font-size: 11pt">As part of his company update, Philips Chief Executive Officer&nbsp;Frans van Houten&nbsp;will discuss the
progress of the&nbsp;Accelerate! transformation program to drive innovation and customer centricity,
while improving operational performance, enabling Philips to deliver on its&nbsp;2013 targets. As the
deployment of the Accelerate! program deepens, the company has identified additional opportunities,
among others in the&nbsp;Healthcare&nbsp;and Lighting sectors, to further decrease inefficiency and
complexity. These additional structural saving opportunities of EUR 300&nbsp;million will bring the
overall savings program from EUR 800&nbsp;million to EUR 1.1&nbsp;billion, to be completed by 2014, and will
impact approximately 2,200 additional positions globally.&nbsp;


<P align="left" style="font-size: 11pt">&#147;We continue to focus on improving the performance of our company, and we are making good progress.
The identified additional overhead cost reduction measures will help us mitigate the effects of
macro-economic headwinds and changes in pension cost accounting, while making us a more agile
innovation company serving our customers effectively across the world.&#148; said Philips Chief
Executive Officer Frans van Houten. &#147;The additional savings will lead to job losses, which is
regrettable. At the same time, we continue to invest in innovation and the customer value chain to
speed up the introduction of meaningful innovations to our customers in local markets, making
Philips more competitive.&#148;


<P align="left" style="font-size: 11pt">After the company update, Mr.&nbsp;Van Houten and Chief Financial Officer&nbsp;Ron Wirahadiraksa&nbsp;will take
part in a question-and-answer session with the investors and analysts present in London.


<P align="left" style="font-size: 11pt">At the event,&nbsp;Eric Rondolat, Chief Executive Officer of Philips Lighting and his executive team
will inform the audience on the potential and transformation of the Lighting business to become the
leading LED lighting solutions company. Subsequently,&nbsp;Pieter Nota, Chief Executive Officer of
Philips Consumer Lifestyle and his executive team will elaborate on the progress the Consumer
Lifestyle sector is making to become a high performance consumer health and well-being technology
company.


<P align="left" style="font-size: 11pt">Presentations in London will begin at 08:00 AM GMT (9:00 AM CET) and can also be followed via
webcast. Please visit&nbsp;this link to listen to the webcast and download the slides that will be used
during the day.


<P align="left" style="font-size: 11pt">For further information, please contact:


<P align="left" style="font-size: 11pt">Steve Klink
<BR>
Philips Corporate Communications
<BR>
Tel.: &#043;31 20 5977415
<BR>
E-mail: steve.klink@philips.com


<P align="left" style="font-size: 11pt">About Royal Philips Electronics
<BR>
Royal Philips Electronics (NYSE: PHG, AEX: PHI) is a diversified health and well-being company,
focused on improving people&#146;s lives through meaningful innovation in the areas of Healthcare,
Consumer Lifestyle and Lighting. Headquartered in the Netherlands, Philips posted 2011 sales of EUR
22.6&nbsp;billion and employs approximately 122,000 employees with sales and services in more than 100
countries. The company is a leader in cardiac care, acute care and home healthcare, energy
efficient lighting solutions and new lighting applications, as well as male shaving and grooming,
home and portable entertainment and oral healthcare. News from Philips is located
at&nbsp;www.philips.com/newscenter.


<P align="left" style="font-size: 11pt">Forward-looking statements
<BR>
This release may contain certain forward-looking statements with respect to the financial
condition, results of operations and business of Philips and certain of the plans and objectives of
Philips with respect to these items. By their nature, forward-looking statements involve risk and
uncertainty because they relate to events and depend on circumstances that will occur in the future
and there are many factors that could cause actual results and developments to differ materially
from those expressed or implied by these forward-looking statements.



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