Siemens Confirms It Will Hold Supervisory Board Meeting Sunday

FRANKFURT -(Dow Jones)- German engineering company Siemens confirmed Friday it will hold a supervisory board meeting Sunday.

Media reports had previously suggested that the supervisory board may settle the issue of a successor to Chief Executive Klaus Kleinfeld at a special meeting Sunday.

The chairman of Siemens' supervisory board has invited all 20 supervisory board members to an extraordinary meeting Sunday afternoon, spokeswoman Konstanze Tauber told Dow Jones Newswires.

She declined to comment on the agenda for the meeting.

-By Frankfurt Bureau, Dow Jones Newswires; +49 69 29 725 500

(END) Dow Jones Newswires"

Posted to the site on 18th May 2007