Ad-hoc | 10 November 2004 01:50

Infineon and ProMOS reach agreement regarding licenses to ProMOS

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Infineon to receive licence fees of US-Dollar 156 million Munich/Germany – November 10, 2004 – Infineon Technologies AG (FSE/NYSE: IFX) and ProMOS Technologies Inc. have reached an agreement regarding ProMOS’ license of Infineon’s DRAM technologies transferred to ProMOS. The S17 to S12 License Agreement of 2000, as now amended, remains in effect. ProMOS has been, and continues in the future to be, licensed to produce and sell products using the technologies transferred from Infineon, and to develop its own processes and products. As full consideration for the ongoing license for use of Infineon’s technologies, ProMOS will pay Infineon US$ 156 million in four instalments over a period through April 30, 2006, of which Infineon’s accrued payable for DRAM products purchased from ProMOS of US$ 36 million will be offset. Disagreements which previously arose as to the license granted to ProMOS are now no longer relevant. All claims (including litigations, arbitration or other complaints) raised by both sides are being withdrawn. Infineon will recognize the relevant license income in the three months ending December 31, 2004. end of ad-hoc-announcement (c)DGAP 10.11.2004 Issuer’s information/explanatory remarks concerning this ad-hoc-announcement: ABOUT INFINEON Infineon Technologies AG, Munich, Germany, offers semiconductor and system solutions for the automotive and industrial sectors, for applications in the wired communications markets, secure mobile solutions as well as memory products. With a global presence, Infineon operates in the US from San Jose, CA, in the Asia-Pacific region from Singapore and in Japan from Tokyo. In fiscal year 2004 (ending September), the company achieved sales of Euro 7.19 billion with about 35,600 employees world-wide. Infineon is listed on the DAX index of the Frankfurt Stock Exchange and on the New York Stock Exchange (ticker symbol: IFX). Further information is available at www.infineon.com. CONTACT PERSONS Investor Relations: Europe +49 89 234 26655 USA +1 408 501 6800 investor.relations@infineon.com Media Relations: Europe Guenter Gaugler +49 89 234 28481 guenter.gaugler@infineon.com USA Christoph Liedtke +1 408 501 6790 christoph.liedtke@infineon.com Asia Kaye Lim +65 6840 0689 kaye.lim@infineon.com Taiwan Regine Liu +886 2 2652 6900 regine.liu@infineon.com Japan Hirotaka Shiroguchi +81 3 5449 6795 hirotaka.shiroguchi@infineon.com ——————————————————————————– WKN: 623100; ISIN: DE0006231004; Index: DAX Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart; NYSE 100150 Nov 04