-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 SWxQJ/kzBjqN/ZGXmDsRwPFXyaxT7PYG5wjBQpzjchsHGDFKWeY6ATDbhC6iTp84
 PNNV/qEq6kMJyUqnOVdM8A==

<SEC-DOCUMENT>0001157523-09-007223.txt : 20091027
<SEC-HEADER>0001157523-09-007223.hdr.sgml : 20091027
<ACCEPTANCE-DATETIME>20091027074514
ACCESSION NUMBER:		0001157523-09-007223
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20091027
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20091027
DATE AS OF CHANGE:		20091027

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VISHAY INTERTECHNOLOGY INC
		CENTRAL INDEX KEY:			0000103730
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRONIC COMPONENTS & ACCESSORIES [3670]
		IRS NUMBER:				381686453
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-07416
		FILM NUMBER:		091138052

	BUSINESS ADDRESS:	
		STREET 1:		63 LINCOLN HWY
		CITY:			MALVERN
		STATE:			PA
		ZIP:			19355
		BUSINESS PHONE:		6106441300

	MAIL ADDRESS:	
		STREET 1:		63 LINCOLN HIGHWAY
		CITY:			MALVERN
		STATE:			PA
		ZIP:			19355
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a6083357.htm
<DESCRIPTION>VISHAY INTERTECHNOLOGY, INC. 8-K
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2009 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
  </head>
  <body style="font-family: Times New Roman; font-size: 10pt">
    <p style="text-align: center">
      <font style="font-size: 10pt; font-family: Times New Roman"><b>UNITED
      STATES</b></font><b><font style="font-size: 10pt; font-family: Times New Roman"><br style="font-family: Times New Roman; font-size: 10pt"></font><font style="font-size: 10pt; font-family: Times New Roman">SECURITIES
      AND EXCHANGE COMMISSION</font></b><font style="font-size: 10pt"><br style="font-size: 10pt"></font><font style="font-size: 10pt; font-family: Times New Roman"><b>Washington,
      D.C. 20549</b></font><br><br><font style="font-size: 13pt; font-family: Times New Roman"><b>FORM
      8-K</b></font><br><br><font style="font-size: 11pt; font-family: Times New Roman"><b>CURRENT
      REPORT</b></font><font style="font-size: 11pt"><br style="font-size: 11pt"></font><font style="font-size: 11pt; font-family: Times New Roman"><b>Pursuant
      to Section 13 OR 15 (d) of the Securities Exchange Act of 1934</b></font><br><br>
    </p>
    <p style="text-align: left">
      <font style="font-size: 10pt; font-family: Times New Roman">Date of
      Report (Date of earliest event reported): </font><u><font style="font-size: 10pt; font-family: Times New Roman">October
      27, 2009</font></u><br><br>
    </p>
    <div style="text-align:left">
    <table style="width: 100%; font-size: 10pt; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="text-align: center; padding-left: 0.0px; border-bottom: solid black 1.0pt" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 16pt"><b>Vishay Intertechnology, Inc.</b></font>
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Exact name of registrant as specified in its charter)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>

    </p>
    <div style="text-align:center">
    <table style="margin-left:auto;margin-right:auto; width: 100%; font-size: 10pt; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="text-align: center; width: 33%; padding-left: 0.0px; border-bottom: solid black 1.0pt" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman">Delaware</font>
          </p>
        </td>
        <td style="text-align: center; padding-right: 0.0px; width: 34%; white-space: nowrap; padding-left: 0.0px; border-bottom: solid black 1.0pt" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman">1-7416</font>
          </p>
        </td>
        <td style="text-align: center; padding-right: 0.0px; width: 33%; white-space: nowrap; padding-left: 0.0px; border-bottom: solid black 1.0pt" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman">38-1686453</font>
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; width: 33%; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman">(State
            or other jurisdiction</font>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman">of
            incorporation)</font>
          </p>
        </td>
        <td style="text-align: center; width: 34%; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman">(Commission</font>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman">File
            Number)</font>
          </p>
        </td>
        <td style="text-align: center; width: 33%; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman">(I.R.S.
            Employer</font>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman">Identification
            No.)</font>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <div style="text-align:left">
    <table style="width: 100%; font-size: 10pt; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="text-align: center; width: 67%; padding-left: 0.0px; border-bottom: solid black 1.0pt" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman">63
            Lancaster Avenue</font>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman">Malvern,
            PA 19355</font>
          </p>
        </td>
        <td style="text-align: center; padding-right: 0.0px; width: 33%; white-space: nowrap; padding-left: 0.0px; border-bottom: solid black 1.0pt" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman">19355-2143</font>
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; width: 67%; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman">(Address
            of principal executive offices)</font>
          </p>
        </td>
        <td style="text-align: center; width: 33%; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman">(Zip
            Code)</font>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: left">
      <br>
      Registrant&#8217;s telephone number, including area code&#160;&#160;&#160;&#160;<font style="font-size: 10pt; font-family: Times New Roman">610-644-1300</font><br><br>
    </p>
    <div style="text-align:left">
    <table style="width: 100%; font-size: 10pt; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Former name or former address, if changed since last report.)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <p>
      <font style="font-size: 10pt; font-family: Times New Roman">Check the
      appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions:</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <div style="margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p>
      <font style="font-size: 10pt; font-family: Times New Roman"><b>Item
      5.02&#160;&#160;&#160;&#160;&#160;Departure of Directors or Certain Officers; Election of
      Directors; Appointment of Certain Officers; Compensatory Arrangements of
      Certain Officers</b></font>
    </p>
    <p style="margin-right: 30.0px">
      (b)&#160;&#160;Departure of Directors or Certain Officers
    </p>
    <p>
      As described in Item 8.01 below, on October 27, 2009, Vishay
      Intertechnology, Inc. (the &#8220;Registrant&#8221;) issued a press release
      announcing that the Registrant intends to spin-off of its measurements
      business into an independent, publicly-traded company to be named Vishay
      Precision Group, Inc.
    </p>
    <p style="margin-right: 30.0px">
      Ziv Shoshani, currently the Registrant&#8217;s Executive Vice President -
      Chief Operating Officer, is expected to serve as President and Chief
      Executive Officer of Vishay Precision Group, Inc.&#160;&#160;Effective November 1,
      2009, Mr. Shoshani will relinquish the title of Chief Operating Officer
      of the Registrant, but continue as an executive officer of the
      Registrant in the position of Executive Vice President--Vishay Precision
      Group until the completion of the proposed spin-off.&#160;&#160;Other terms of Mr.
      Shoshani's employment with the Registrant will remain unchanged.
    </p>
    <p style="margin-right: 30.0px">
      Mr. Shoshani will also continue to be a director of the Registrant until
      the completion of the proposed spin-off, at which time it is expected
      that he would resign from the Registrant&#8217;s board of directors.
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Times New Roman"><b>Item
      8.01&#160;&#160;&#160;&#160;&#160;Other Events</b></font>
    </p>
    <p>
      On October 27, 2009, Vishay Intertechnology, Inc. (the &#8220;Registrant&#8221;)
      issued a press release announcing that the Registrant intends to
      spin-off of its measurements business into an independent,
      publicly-traded company to be named Vishay Precision Group, Inc.
    </p>
    <p style="font-size: 10pt; font-family: Times New Roman">
      A copy of the press release regarding this announcement is attached
      hereto as Exhibit 99.1 and is incorporated herein by reference.
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Times New Roman"><b>Item
      9.01&#160;&#160;&#160;&#160;&#160;Financial Statements and Exhibits</b></font>
    </p>
    <p style="text-align: left">
      (d) Exhibits
    </p>
    <p style="white-space: nowrap">
      Exhibit No.&#160;&#160;&#160;&#160;&#160;&#160;Description
    </p>
    <p style="white-space: nowrap">
      99.1&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Press Release dated October 27, 2009.
    </p>
    <div style="margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <font style="font-size: 10pt; font-family: Times New Roman"><b>Signature </b></font>
    </p>
    <p style="text-align: center">

    </p>
    <p>
      <font style="font-size: 10pt; font-family: Times New Roman">Pursuant to
      the requirements of the Securities Exchange Act of 1934, the registrant
      has duly caused this report to be signed on its behalf by the
      undersigned hereunto duly authorized. </font>
    </p>
    <p>

    </p>
    <div style="text-align:left">
    <table style="width: 100%; font-size: 10pt; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="text-align: left; width: 5%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman">Date:</font>
          </p>
        </td>
        <td style="text-align: left; width: 40%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman">October
            27, 2009</font>
          </p>
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 40%">

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 40%">

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 40%">

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            VISHAY INTERTECHNOLOGY, INC.
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 40%">

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; width: 5%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td style="text-align: left; width: 40%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td style="text-align: left; width: 5%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman">By:</font>
          </p>
        </td>
        <td style="text-align: left; width: 50%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><font style="font-size: 10pt; font-family: Times New Roman">/s/
            Lior E. Yahalomi</font></u>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 40%">

        </td>
        <td style="width: 5%">

        </td>
        <td style="width: 50%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 40%">

        </td>
        <td style="text-align: left; width: 5%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman">Name:</font>
          </p>
        </td>
        <td style="text-align: left; width: 50%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Dr. Lior E. Yahalomi
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 40%">

        </td>
        <td style="text-align: left; width: 5%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman">Title:</font>
          </p>
        </td>
        <td style="text-align: left; width: 50%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman">Executive
            Vice President and</font>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 40%">

        </td>
        <td style="width: 5%">

        </td>
        <td style="text-align: left; width: 50%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman">Chief
            Financial Officer</font>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
  </body>
</html>
<!--<!DOCTYPE html
     PUBLIC "-//W3C//DTD XHTML 1.0 Strict//EN"
     "http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd">-->
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a6083357ex991.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2009 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
  </head>
  <body style="font-family: Times New Roman; font-size: 8pt">
    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>Vishay
      Announces Intention to Spin Off Measurements and Foil Resistor
      Businesses to Stockholders</b></font>
    </p>
    <p>
      MALVERN, Pa.--(BUSINESS WIRE)--October 27, 2009--Vishay Intertechnology,
      Inc. (&#8220;Vishay&#8221;) (NYSE:VSH) today announced that it intends to spin-off
      its measurements and foil resistor businesses into an independent,
      publicly-traded company to be named Vishay Precision Group, Inc. The
      spin-off is expected to take the form of a tax-free stock dividend to
      Vishay&#8217;s stockholders and it is anticipated that holders of Vishay
      common stock will receive common stock of Vishay Precision Group and
      holders of Vishay Class B common stock will receive Class B common stock
      of Vishay Precision Group. Vishay has not yet finalized details of the
      spin-off.
    </p>
    <p>
      Vishay&#8217;s Board, assisted by independent financial and legal advisors,
      believes that Vishay Precision Group will have enhanced potential as a
      stand-alone company as it is not a core component of Vishay&#8217;s overall
      operations, in terms of products, technology, manufacturing processes,
      markets and customers.
    </p>
    <p>
      The spin-off would enable the management teams of both companies to
      better focus on the unique issues facing their respective businesses and
      permit each company to pursue its own business plan, resource allocation
      and growth strategies, as well as attract the best personnel through
      compensation that is more closely tied to the performance of each
      company. If the spin-off is completed, Vishay is expected to be a more
      competitive, pure-play discrete electronic components company.
    </p>
    <p>
      &quot;The separation of our measurements and foil resistor businesses into a
      stand-alone, publicly-traded company is a natural evolution for Vishay,&#8221;
      said Dr. Felix Zandman, Executive Chairman of the Board and Chief
      Technical and Business Development Officer, and Dr. Gerald Paul,
      President and Chief Executive Officer of Vishay. &#8220;With this separation,
      Vishay Precision Group will have more autonomy and flexibility to
      allocate resources for its future growth, and investors will have better
      clarity into the financial, market and business dynamics of the
      measurements and foil resistor businesses, which have not been fully
      realized as part of the larger Vishay organization. Upon completion of
      this transaction, Vishay will strengthen its focus on growing its core
      businesses and pursuing its strategic plan to strengthen its position as
      a global technology leader in discrete semiconductors and passive
      components to the benefit of all stakeholders.&#8221;
    </p>
    <p>
      <b>VISHAY PRECISION GROUP</b>
    </p>
    <p>
      Vishay Precision Group, a leading designer, manufacturer and marketer of
      sensors, ultra precision foil resistors, weighing modules, and weighing
      systems for a wide variety of applications, generated approximately $179
      million in net revenue during the twelve fiscal months ended September
      26, 2009. Following the spin-off, Vishay Precision Group will encompass
      Vishay&#8217;s measurements and foil resistor businesses. Vishay Precision
      Group employs a strategy of &#8220;vertical product&#8221; integration, largely
      focused on designing, manufacturing, marketing installing and servicing
      precision measurement products and customized measurement systems. Its
      primary business strategy will be to focus on growing its weighing and
      process control systems business, including strain gages and associated
      instruments, ultra precision foil resistors and foil resistor current
      sensors, and promoting its sophisticated digital weighing modules.
    </p>
    <div style="margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      Ziv Shoshani, currently Vishay&#8217;s Executive Vice President, Chief
      Operating Officer and Head of the Specialty Group, is expected to serve
      as President and Chief Executive Officer of Vishay Precision Group. He
      will step down from his position as Chief Operating Officer of Vishay on
      November 1, 2009. Marc Zandman, currently Vice Chairman of the Board and
      Chief Administration Officer of Vishay, is expected to also serve as
      non-executive Chairman of the Board of Vishay Precision Group. William
      M. Clancy, currently Vishay&#8217;s Senior Vice President, Corporate
      Controller and Secretary, is expected to step down from that position
      effective November 1, 2009 to focus on his new role as Chief Financial
      Officer of Vishay Precision Group. Dr. Felix Zandman, Executive Chairman
      of the Board and Chief Technical and Business Development Officer of
      Vishay, is expected to also serve as an R&amp;D consultant to Vishay
      Precision Group. Vishay Precision Group will be headquartered in the U.S.
    </p>
    <p>
      <b>VISHAY INTERTECHNOLOGY</b>
    </p>
    <p>
      Following completion of the spin-off, Vishay will be a pure-play
      discrete electronic components business comprised of semiconductors and
      passive components. These businesses generated approximately $1,832
      million in net revenue during the twelve fiscal months ended September
      26, 2009.&#160;Vishay will continue to be led by Dr. Gerald Paul, President
      and Chief Executive Officer, and nearly all of Vishay&#8217;s current
      management team will remain intact. Dr. Felix Zandman will continue to
      serve as Executive Chairman of the Board and Chief Technical and
      Business Development Officer. Marc Zandman will continue to serve as
      Vishay&#8217;s Vice Chairman of the Board and Chief Administration Officer.
    </p>
    <p>
      Vishay&#8217;s Board and management team, in consultation with independent
      financial and legal advisors, are working on the requirements to
      finalize and execute the spin-off and expect the spin-off to occur in
      the second quarter of 2010. The spin-off will be subject to a number of
      conditions, including, among other things: final approval of Vishay&#8217;s
      Board of Directors, favorable market conditions, receipt of U.S. and
      Israeli tax rulings or opinions, compliance with applicable rules and
      regulations of the U.S. Securities and Exchange Commission (SEC) and
      other customary conditions.
    </p>
    <p>
      J.P. Morgan is acting as financial adviser to Vishay. Kramer Levin
      Naftalis &amp; Frankel LLP is acting as legal counsel to Vishay. Pepper
      Hamilton LLP is also acting as legal counsel to Vishay on various tax
      matters.
    </p>
    <p>
      In a separate news release, Vishay today announced its results for the
      third quarter of 2009.
    </p>
    <p>
      <b>CONFERENCE CALL/WEBCAST</b>
    </p>
    <p>
      A conference call to discuss third quarter financial results and the
      potential spin-off of the measurements business is scheduled for
      Tuesday, October 27, 2009 at 9:00 AM ET. The dial-in number for the
      conference call is 877-589-6174 (+1 706-643-1406 if calling from outside
      the United States or Canada) and the conference ID is #31326515. There
      will be a replay of the conference call from 10:00 AM ET on Tuesday,
      October 27, 2009 through 11:59 PM ET on Sunday, November 1, 2009. The
      telephone number for the replay is 800-642-1687 (+1 706-645-9291 if
      calling from outside the United States or Canada) and the access code is
      #31326515.
    </p>
    <p>
      There will also be a live audio webcast of the conference call. This can
      be accessed directly from the Investor Relations section of the Vishay
      website at <u>http://ir.vishay.com</u>.
    </p>
    <div style="margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <b>ABOUT VISHAY</b>
    </p>
    <p>
      Vishay Intertechnology, Inc., a Fortune 1,000 Company listed on the NYSE
      (VSH), is one of the world's largest manufacturers of discrete
      semiconductors (diodes, rectifiers, transistors, and optoelectronics and
      selected ICs) and passive electronic components (resistors, capacitors,
      inductors, sensors, and transducers). These components are used in
      virtually all types of electronic devices and equipment, in the
      industrial, computing, automotive, consumer, telecommunications,
      military, aerospace, and medical markets. Its product innovations,
      successful acquisition strategy, and ability to provide &quot;one-stop shop&quot;
      service have made Vishay a global industry leader. Vishay can be found
      on the Internet at <u>http://www.vishay.com</u>.
    </p>
    <p>
      <b>FORWARD LOOKING STATEMENTS</b>
    </p>
    <p>
      Certain statements contained in this release are forward-looking
      statements within the safe harbor provisions of the Private Securities
      Litigation Reform Act of 1995. They include statements regarding the
      anticipated timing of the spin-off transaction and the anticipated
      effects and benefits of the transaction for both Vishay Intertechnology
      and Vishay Precision Group, in particular with respect to business plans
      and strategies, operating performance, resource allocation, personnel,
      market perception and shareholder value. These statements are based on
      current expectations only and are subject to uncertainties and
      assumptions. Actual plans, results, events and circumstances may vary
      materially from those anticipated. Factors that could cause such plans,
      results, events and circumstances to differ from the forward-looking
      statements include general economic and market conditions, satisfaction
      of the terms and conditions of the spin-off transaction, the timing for
      the completion of the transaction (and whether it will be completed),
      and factors that affect the business, operations, financial condition
      and prospects of Vishay Intertechnology and Vishay Precision Group
      generally, as set forth in our Annual Report on Form 10-K for the year
      ended December 31, 2008 and other filings made with the Securities and
      Exchange Commission. We undertake no obligation to publicly update or
      revise any forward-looking statements, whether as a result of new
      information, future events or otherwise.
    </p>
    <p>
      Vishay expects that Vishay Precision Group will file with the SEC a
      registration statement on Form 10, which will contain important
      additional information about Vishay Precision Group and the spinoff.
      Investors are urged to review the information statement contained in the
      registration statement when it becomes available.
    </p>
    <p>

    </p>
    <p>
      CONTACT:<br>Vishay Intertechnology, Inc.<br>Peter G. Henrici<br>Senior
      Vice President Corporate Communications<br>610-644-1300<br>or<br>Joele
      Frank, Wilkinson Brimmer Katcher<br>Matthew Sherman / Andrea Priest<br>212-355-4449
    </p>
  </body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
