Frankfurt/London, 14 August 2006 — LAWFUEL – Legal News Network – …

Frankfurt/London, 14 August 2006 — LAWFUEL – Legal News Network – Shearman & Sterling represented the underwriters led by Credit Suisse, Citigroup and JPMorgan in connection with the initial public offering of Qimonda AG, a subsidiary of Infineon Technologies AG, on the New York Stock Exchange.

The transaction had a volume of US$546 million which results from the placement of 42 million ADSs (American Depositary Shares), each representing an ownership interest in one Qimonda share. In addition, Infineon has granted a greenshoe option of an additional USD 82 million.

Qimonda AG was carved out from Infineon on 1 May 2006 and is a leading global producer of DRAM memory products.

The underwriters were advised by a Shearman & Sterling team in Frankfurt and London. The following capital markets attorneys were involved in the transaction: Ward McKimm (partner, London), Stephan Hutter (partner, Frankfurt), Apostolos Gkoutzinis (associate, London), Katja Kaulamo, Marc O. Plepelits and Daniela Leyh (all associates, Frankfurt).

For further information, please contact:
Ward McKimm | Partner | London | +44 20 7655 5991 | [email protected]
Leigh Griffin | Media & Marketing Manager | London | +44 20 7655 5045 | [email protected]

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