CFO Michael Majerus to leave Qimonda AG

Qimonda AG (NYSE: QI) today announced the resignation of Dr. Michael Majerus from his position as Member of the Management Board and Chief Financial Officer of the company.

Dr. Majerus’ resignation comes at his own wish for personal reasons, and he intends to pursue other interests.

"We thank Dr. Majerus for the years of service to Qimonda and its predecessor companies,” said Peter Fischl, Chairman of the Supervisory Board of Qimonda AG. "We wish him well in his future endeavors.”

Qimonda’s Supervisory Board has appointed Thomas Seifert, already a member of the company’s Management Board and its Chief Operating Officer, to assume the additional duties of Chief Financial Officer for an interim period.

About Qimonda

Qimonda AG (NYSE: QI) is a leading global memory supplier with a broad diversified DRAM product portfolio. The company generated net sales of Euro 3.61 billion in financial year 2007 and had approximately 13,500 employees worldwide. Qimonda has access to four 300mm manufacturing sites on three continents and operates six major R&D facilities. The company provides DRAM products for a wide variety of applications, including in the computing, infrastructure, graphics, mobile and consumer areas, using its power saving technologies and designs. Further information is available at www.qimonda.com.

Disclaimer

This press release contains forward-looking statements based on assumptions and forecasts made by Qimonda management and third parties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and speak only as of the date they are made. We undertake no obligation to update any of them in light of new information or future events. These forward-looking statements involve inherent risks and are subject to a number of uncertainties, including trends in demand and prices for semiconductors generally and for our products in particular, the success of our development efforts, both alone and with our partners, the success of our efforts to introduce new production processes at our facilities and the actions of our competitors, the availability of funds for planned investments and repositioning efforts and the outcome of antitrust investigations and litigation matters, as well as other factors. We caution you that these and a number of other known and unknown risks, uncertainties and other factors could cause actual future results, or outcomes to differ materially from those expressed in any forward-looking statement. These factors include those identified under the heading "Risk Factors" in our most recent Annual Report on Form 20-F which is available without charge on our website and at www.sec.gov.