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Koninklijke Philips Electronics (PHG)
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PHG » Topics » Currency

This excerpt taken from the PHG 6-K filed Mar 19, 2008.

Currency

As the Company’s stock trades in U.S. dollars, payroll deductions will be converted to U.S. dollars at the prevailing rate at the time of purchase of the shares. In addition to changes in stock price, there is also a currency risk. Because the Company’s shares trade in U.S. dollars, the value of the shares will fluctuate in relation to the Canadian dollar.

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