Gemstar-TV Guide and Royal Philips Electronics Announce a Worldwide Interactive Program Guide Roll-out on Philips TV Sets and DVD Recorders

Business Wire, Feb 18, 2003

Business Editors

PASADENA, Calif.--(BUSINESS WIRE)--Feb. 18, 2003

Philips To Incorporate TV Guide On Screen(R), Gemstar-TV Guide's New

Digital IPG Technology, Into Recordable DVD and Television Product

Lines

Gemstar-TV Guide International, Inc. (NASDAQ: GMSTE) ("Gemstar-TV Guide" or the "Company") and Royal Philips Electronics (AEX: PHG, NYSE: PHG) announced today a worldwide multi-year licensing agreement for the incorporation of Gemstar-TV Guide's interactive program guide ("IPG") technology and service for the digital consumer electronics arena.

The agreement includes both the recordable DVD and television product lines in North America and Europe.

Under this agreement, Philips, one of the world's largest consumer electronics manufacturers and Europe's leading electronics brand, will launch its first products with the Company's IPG technology in mid 2003 in both North America and Europe. The European release of this new digital IPG technology marks the debut of the Company's IPG service in that market, beginning with the U.K., France, Germany and Spain. Philips plans to deploy the Gemstar-TV Guide IPG service into other European countries shortly thereafter.

Philips DVD recorders enable consumers to record their favorite TV programs as well as easily preserve their precious home video memories - on DVD. By using the DVD RW format, Philips DVD recorders provide consumers with the highest compatibility, ease of use and a high-capacity medium with up to eight hours of recording time, along with point-and-click retrieval of recorded programming for select models.

"I am thrilled that Gemstar-TV Guide has the opportunity to work with Philips, a truly world-class industry leader in digital technologies and flat TV," said Jeff Shell, CEO of Gemstar-TV Guide International, Inc. "We look forward to building a strong relationship with Philips so that together we can continue to bring ground-breaking products and technologies like TV Guide On Screen(R) to the marketplace."

Commenting on the agreement between Philips and Gemstar, Frans van Houten, Executive Vice President and General Manager Global Business Creation, Philips Consumer Electronics said: "Philips has a long tradition of applying innovative ease-of-use solutions - especially in its television and video products. The inclusion of TV Guide On Screen in selected products will both add significantly to that history, and to consumers' enjoyment of Philips devices."

The new TV Guide On Screen IPG is powered by the TV Guide(R) brand and is designed to bring a superior television viewing experience to consumers through easier navigation of channels, more comprehensive listings and enhanced program guidance information. TV Guide On Screen is a free guide service delivering a full eight days of program listings information. This new digital IPG features a brilliantly colored new graphic look and a new, more intuitive user interface. It includes new program sorting capabilities that allow viewers to quickly find shows they are interested in watching. TV Guide On Screen's one-touch recording and favorites features also let viewers easily schedule shows they want to record, or surf through only their favorite programs... all at the touch of a button. TV Guide On Screen is compatible with any digital platform, from digital cable and HDTV to plasma displays and DVD recorders and PVRs.

About Royal Philips Electronics:

Royal Philips Electronics of the Netherlands is one of the world's biggest electronics companies and Europe's largest, with sales of $30.1 billion (EUR 31.8 billion) in 2002. It is a global leader in color television sets, lighting, electric shavers, medical diagnostic imaging and patient monitoring, and one-chip TV products. Its 170,000 employees in more than 60 countries are active in the areas of lighting, consumer electronics, domestic appliances, components, semiconductors, and medical systems. Philips is quoted on the NYSE (symbol: PHG), London, Frankfurt, Amsterdam and other stock exchanges. News from Philips is located at www.philips.com/newscenter/usa/.> ATTN Broadcasters: Philips b-roll (via beta copy, fiber transmission and satellite feed), is available 24/7 by calling ( 1-212-375-0021).

About Gemstar-TV Guide International, Inc.

Gemstar-TV Guide International, Inc., is a leading media and technology company focused on consumer television guidance and home entertainment. The Company's businesses include: television media and publishing properties; interactive program guide services and products; and technology and intellectual property licensing. Additional information about the Company can be found at www.gemstar-tvguide.com.

Except for historical information contained herein, the matters discussed in this news release contain forward-looking statements that involve risks and uncertainties, including the timely availability and acceptance of new products; the impact of competitive products and pricing; the management of growth; and the other risks detailed from time to time in the Company's SEC reports, including the most recent reports on Forms 10-K, 8-K, and 10-Q, each as it may be amended from time to time. The Company assumes no obligation to update these forward-looking statements. Features and services described herein are subject to change without notice.