Micronas considers capital increase (0207)

Embargoed / not for release in the United States, Canada, Japan or Australia

Micronas today announces that it is considering an equity offering in the near future, subject to ongoing stable market conditions, in order to reduce indebtedness related to the acquisition of the Image and Video consumer electronics business acquired from Infineon Technologies AG in 2000. Micronas has available authorised capital of up to 5.35 million registered shares.

The Micronas Group is an internationally active manufacturer of application-specific chip systems in the areas of multimedia, consumer and automotive electronics. Its shares are listed on the SWX Swiss Exchange and the Neuer Markt in Frankfurt.

Zurich, 28 February 2002 Micronas Semiconductor Holding AG
Susy Krucker
Investor Relations
phone: +41 1 445 39 60
e-mail: investor@micronas.com