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<SEC-DOCUMENT>0001206774-10-001631.txt : 20100722
<SEC-HEADER>0001206774-10-001631.hdr.sgml : 20100722
<ACCEPTANCE-DATETIME>20100721183551
ACCESSION NUMBER:		0001206774-10-001631
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20100721
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20100722
DATE AS OF CHANGE:		20100721

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:		10963154

	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>vishay_8k.htm
<DESCRIPTION>CURRENT REPORT
<TEXT>
<html>
<head>
    <title>vishay_8k.htm</title>
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<body bgcolor="#ffffff"><br>
    <div align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="2" style="FONT-FAMILY: serif">UNITED STATES<br></font></font><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="2" style="FONT-FAMILY: serif">SECURITIES AND EXCHANGE COMMISSION<br>Washington, D.C.
20549</font></font></div>
    <div>&#160;</div>
    <div>&#160;</div>
    <div align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="5" style="FONT-FAMILY: serif">FORM 8-</font></font><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="5" style="FONT-FAMILY: serif">K</font></font></div>
    <div>&#160;</div>
    <div align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="4" style="FONT-FAMILY: serif">CURRENT REPORT<br></font></font><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="2" style="FONT-FAMILY: serif">Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of
1934</font></font></div>
    <div>&#160;</div>
    <div style="TEXT-ALIGN: left"><font size="2" style="FONT-FAMILY: serif">Date of
Report (Date of earliest event reported)&#160;&#160; July 21, 2010</font></div>
    <div>&#160;</div>
    <div>
      <table border="0" cellpadding="0" cellspacing="0" width="100%" style="">
<tr valign="bottom">
            <td nowrap width="30%">&#160;</td>
            <td nowrap width="40%" style="BORDER-BOTTOM: #000000 1pt solid; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="4">Vishay Intertechnology, Inc.</font></font></td>
            <td nowrap width="30%">&#160;</td>
          </tr><tr valign="bottom">
            <td colspan="3" nowrap width="100%" style="TEXT-ALIGN: center"><font size="2" style="FONT-FAMILY: serif">(Exact name of registrant as specified
      in its charter)</font></td>
          </tr></table>
    </div><br>
    <div>
      <table border="0" cellpadding="0" cellspacing="0" width="100%" style="">
<tr valign="bottom">
            <td nowrap width="29%" style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center"><font size="2" style="FONT-WEIGHT: normal; FONT-FAMILY: serif">Delaware</font></td>
            <td nowrap width="5%" style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">&#160;</td>
            <td nowrap width="30%" style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center"><font size="2" style="FONT-WEIGHT: normal; FONT-FAMILY: serif">1-7416</font></td>
            <td nowrap width="6%" style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left">&#160;</td>
            <td nowrap width="30%" style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center"><font size="2" style="FONT-WEIGHT: normal; FONT-FAMILY: serif">38-1686453</font></td>
          </tr><tr valign="bottom">
            <td nowrap width="29%" style="TEXT-ALIGN: center"><font size="2" style="FONT-FAMILY: serif">(State or other jurisdiction</font></td>
            <td nowrap width="5%">&#160;</td>
            <td nowrap width="30%" style="TEXT-ALIGN: center"><font size="2" style="FONT-FAMILY: serif">(Commission</font></td>
            <td nowrap width="6%">&#160;</td>
            <td nowrap width="30%" style="TEXT-ALIGN: center"><font size="2" style="FONT-FAMILY: serif">(I.R.S. Employer</font></td>
          </tr><tr valign="bottom">
            <td nowrap width="29%" style="TEXT-ALIGN: center"><font size="2" style="FONT-FAMILY: serif">of incorporation)</font></td>
            <td nowrap width="5%">
            </td>
            <td nowrap width="30%" style="TEXT-ALIGN: center"><font size="2" style="FONT-FAMILY: serif">File Number)</font></td>
            <td nowrap width="6%">
            </td>
            <td nowrap width="30%" style="TEXT-ALIGN: center"><font size="2" style="FONT-FAMILY: serif">Identification
No.)</font></td>
          </tr></table>
    </div>&#160;

    <div>
    </div>
    <div align="center">
      <div align="center">
        <table border="0" cellpadding="0" cellspacing="0" width="100%" style="">
<tr valign="bottom">
              <td nowrap width="50%" style="TEXT-ALIGN: center"><font size="2" style="FONT-WEIGHT: normal; FONT-FAMILY: serif">63 Lancaster Avenue</font></td>
              <td nowrap width="4%" style="TEXT-ALIGN: center">&#160;&#160;&#160;&#160;&#160;</td>
              <td nowrap width="46%" style="TEXT-ALIGN: center">&#160;</td>
            </tr><tr valign="bottom">
              <td nowrap width="50%" style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center"><font size="2" style="FONT-WEIGHT: normal; FONT-FAMILY: serif">Malvern, PA 19355</font></td>
              <td nowrap width="4%" style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center">&#160;</td>
              <td nowrap width="46%" style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center"><font style="FONT-WEIGHT: bold"><font style="FONT-WEIGHT: normal"><font size="2" style="FONT-WEIGHT: normal; FONT-FAMILY: serif">19355</font><font size="2" style="FONT-WEIGHT: normal">-</font><font size="2" style="FONT-WEIGHT: normal; FONT-FAMILY: serif">2143</font></font></font></td>
            </tr><tr valign="bottom">
              <td nowrap width="50%" style="TEXT-ALIGN: center"><font size="2" style="FONT-FAMILY: serif">(Address of principal executive
      offices)</font></td>
              <td nowrap width="4%" style="TEXT-ALIGN: center">&#160;</td>
              <td nowrap width="46%" style="TEXT-ALIGN: center"><font size="2" style="FONT-FAMILY: serif">(Zip
Code)</font></td>
            </tr></table>
      </div><br>&#160;</div>
    <div style="TEXT-ALIGN: left"><font size="2" style="FONT-FAMILY: serif">Registrant&#8217;s telephone number, including area code&#160;
&#160;610-</font><font size="2" style="FONT-FAMILY: serif">644-</font><font size="2" style="FONT-FAMILY: serif">1300</font></div>
    <div>&#160;</div>
    <div align="center">
      <table border="0" cellpadding="0" cellspacing="0" width="100%" style="">
<tr>
            <td align="left" nowrap width="99%" style="BORDER-BOTTOM: #000000 1pt solid">&#160; </td>
          </tr><tr valign="bottom">
            <td nowrap width="99%" style="TEXT-ALIGN: center"><font size="2" style="FONT-FAMILY: serif">(Former name or former address, if
      changed since last report.)</font></td>
          </tr></table>
    </div>
    <div align="left"><br><font style="FONT-FAMILY: serif"><font size="2" style="FONT-FAMILY: serif">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></font></div>
    <div>&#160;</div>
    <div>
      <table border="0" cellpadding="0" cellspacing="0" width="100%" style="">
<tr valign="bottom">
            <td align="left" nowrap valign="top" width="1%"><font size="2" style="FONT-FAMILY: wingdings">o</font></td>
            <td align="left" nowrap valign="top" width="1%">&#160;&#160;&#160;&#160;&#160;</td>
            <td align="left" nowrap valign="top" width="98%"><font size="2" style="FONT-FAMILY: serif">Written communications pursuant to Rule
      425 under the Securities Act (17 CFR 230.425)</font></td>
          </tr><tr>
            <td align="left" nowrap valign="top" width="1%">
            </td>
            <td align="left" nowrap valign="top" width="1%">
            </td>
            <td align="left" nowrap valign="top" width="98%">&#160; </td>
          </tr><tr valign="bottom">
            <td align="left" nowrap valign="top" width="1%"><font size="2" style="FONT-FAMILY: wingdings">o</font></td>
            <td align="left" nowrap valign="top" width="1%">
            </td>
            <td align="left" nowrap valign="top" width="98%"><font size="2" style="FONT-FAMILY: serif">Soliciting material pursuant to Rule
      14a-<font size="2" style="FONT-FAMILY: serif">12 under the Exchange Act (17
      CFR 240.14a-</font><font size="2" style="FONT-FAMILY: serif">12)</font></font></td>
          </tr><tr>
            <td align="left" nowrap valign="top" width="1%">
            </td>
            <td align="left" nowrap valign="top" width="1%">
            </td>
            <td align="left" nowrap valign="top" width="98%">&#160;</td>
          </tr><tr valign="bottom">
            <td align="left" nowrap valign="top" width="1%"><font size="2" style="FONT-FAMILY: wingdings">o</font></td>
            <td align="left" nowrap valign="top" width="1%">
            </td>
            <td align="left" nowrap valign="top" width="98%"><font size="2" style="FONT-FAMILY: serif">Pre-<font size="2" style="FONT-FAMILY: serif">commencement communications pursuant to Rule 14d-</font><font size="2" style="FONT-FAMILY: serif">2(b) under the Exchange Act (17 CFR
      240.14d-<font size="2" style="FONT-FAMILY: serif">2(b))</font></font></font></td>
          </tr><tr>
            <td align="left" nowrap valign="top" width="1%">
            </td>
            <td align="left" nowrap valign="top" width="1%">
            </td>
            <td align="left" nowrap valign="top" width="98%">&#160;</td>
          </tr><tr valign="bottom">
            <td align="left" nowrap valign="top" width="1%"><font size="2" style="FONT-FAMILY: wingdings">o</font></td>
            <td align="left" nowrap valign="top" width="1%">
            </td>
            <td align="left" nowrap valign="top" width="98%"><font size="2" style="FONT-FAMILY: serif">Pre-<font size="2" style="FONT-FAMILY: serif">commencement communications pursuant to Rule 13e-</font><font size="2" style="FONT-FAMILY: serif">4(c) under the Exchange Act (17 CFR
      240.13e-<font size="2" style="FONT-FAMILY: serif">4(c))</font></font></font></td>
          </tr></table>
    </div>
    <div>
    </div>
    <div>&#160;</div>
    <hr align="center" noshade size="2" width="100%">
    <div id="PN" style="PAGE-BREAK-BEFORE: always">
    </div><br>
    <div align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="2" style="FONT-FAMILY: serif">Item 1.01 &#8211; Entry into a Material Definitive
Agreement</font></font></div>
    <div>&#160;</div>
    <div align="left"><font size="2" style="FONT-FAMILY: serif">On July 21, 2010, Vishay
Intertechnology, Inc. (&#8220;Vishay&#8221;) issued a press release announcing the terms of
the replacement notes to be issued to holders of Vishay&#8217;s exchangeable
floating-rate unsecured notes due 2102 and revised <font color="#000000">terms of
its outstanding warrants <font color="#ff0101" size="2" style="FONT-FAMILY: serif"><font color="#000000">as required due to the spin-off</font></font> of
Vishay Precision Group, Inc. on July 6, 2010. A copy of the press release is
attached as Exhibit 99 to this report.</font></font></div>
    <div>&#160;</div>
    <div align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="2" style="FONT-FAMILY: serif">Item 9.01 &#8211; Financial Statements and
Exhibits</font></font></div>
    <div>&#160;</div>
    <div align="left"><font size="2" style="FONT-FAMILY: serif">(d)
Exhibits</font></div>
    <div>&#160;</div>
    <div>
      <table border="0" cellpadding="0" cellspacing="0" width="100%" style="">
<tr valign="bottom">
            <td align="left" nowrap valign="top" width="1%" style="BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">Exhibit No.</font></td>
            <td align="left" nowrap valign="top" width="1%">&#160;&#160;&#160;&#160;&#160;&#160; </td>
            <td align="left" nowrap valign="top" width="98%" style="BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">Description</font></td>
          </tr><tr valign="bottom">
            <td align="left" nowrap valign="top" width="1%" bgcolor="#c0c0c0"><font size="2" style="FONT-FAMILY: serif">99</font></td>
            <td align="left" nowrap valign="top" width="1%" bgcolor="#c0c0c0">
            </td>
            <td align="left" nowrap valign="top" width="98%" bgcolor="#c0c0c0"><font size="2" style="FONT-FAMILY: serif">Press release dated July 21,
    2010</font></td>
          </tr></table>
    </div><br>
    <hr align="center" noshade size="2" width="100%">
    <div id="PN" style="PAGE-BREAK-BEFORE: always">
    </div><br>
    <div style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="2" style="FONT-FAMILY: serif">Signature </font></font></div>
    <div>&#160;</div>
    <div align="left"><font size="2" style="FONT-FAMILY: serif">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></div>
    <div>&#160;</div>
    <div align="left"><font size="2" style="FONT-FAMILY: serif">Date: July 21, 2010
</font></div>
    <div>&#160;</div>
    <div>
      <table border="0" cellpadding="0" cellspacing="0" width="100%" style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: collapse; ">
<tr valign="bottom">
            <td align="left" nowrap width="50%">
            </td>
            <td align="left" colspan="3" nowrap width="50%"><font size="2" style="FONT-FAMILY: serif">VISHAY INTERTECHNOLOGY,
INC.</font></td>
          </tr><tr>
            <td width="50%">
            </td>
            <td colspan="3" width="50%">&#160; </td>
          </tr><tr valign="bottom">
            <td align="left" nowrap width="50%">
            </td>
            <td align="left" nowrap width="1%"><font size="2" style="FONT-FAMILY: serif">By:&#160; </font></td>
            <td align="left" nowrap width="1%" style="BORDER-BOTTOM: #000000 1pt solid"><font size="2">/s/ Lior E. Yahalomi</font></td>
            <td align="left" nowrap width="48%">&#160;</td>
          </tr><tr>
            <td width="50%">
            </td>
            <td colspan="3" width="50%">&#160; </td>
          </tr><tr valign="bottom">
            <td align="left" nowrap width="50%">
            </td>
            <td align="left" colspan="3" nowrap width="50%"><font size="2" style="FONT-FAMILY: serif">Name: Dr. Lior E. Yahalomi</font></td>
          </tr><tr valign="bottom">
            <td align="left" nowrap width="50%">
            </td>
            <td align="left" colspan="3" nowrap width="50%"><font size="2" style="FONT-FAMILY: serif">Title:&#160;Executive Vice President
      and</font></td>
          </tr><tr valign="bottom">
            <td align="right" nowrap width="50%">
            </td>
            <td align="left" colspan="3" nowrap width="50%"><font size="2" style="FONT-FAMILY: serif">&#160;&#160;&#160;&#160;&#160;&#160;
      &#160;&#160;&#160;Chief Financial
Officer</font></td>
          </tr></table>
    </div><br>
    <hr align="center" noshade size="2" width="100%">
  </body>
</html>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>exhibit99.htm
<DESCRIPTION>PRESS RELEASE DATED JULY 21, 2010
<TEXT>
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    <title>exhibit99.htm</title>
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    <div style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="2" style="FONT-FAMILY: serif">Vishay Intertechnology and Vishay Precision Group </font></font></div>
    <div style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="2" style="FONT-FAMILY: serif">Announce Terms of Replacement Notes and Warrants</font></font></div>
    <div>&#160;</div>
    <div align="left"><font size="2" style="FONT-FAMILY: serif">Malvern, PA &#8211; July 21,
2010 &#8211; Vishay Intertechnology, Inc. (&#8220;Vishay&#8221;) (NYSE: VSH) and Vishay Precision
Group, Inc. (&#8220;VPG&#8221;) (NYSE: VPG) today announced the terms of the replacement
notes to be issued to holders of Vishay&#8217;s exchangeable floating-rate unsecured
notes due 2102. Vishay also announced revised terms of its outstanding warrants,
and VPG announced the terms of warrants that it has issued.</font></div>
    <div>&#160;</div>
    <div align="left"><font size="2" style="FONT-FAMILY: serif">As previously announced,
on July 6, 2010, Vishay distributed all outstanding shares of VPG to its
stockholders in the form of a tax-free dividend. Pursuant to the put and call
agreement related to the exchangeable floating-rate unsecured notes due 2102, as
a consequence of the spin-off, Vishay was required to take action so that the
existing notes would be exchanged for a combination of new notes of Vishay and
notes issued by VPG, based on formulae included in the put and call
agreement.</font></div>
    <div>&#160;</div>
    <div align="left"><font size="2" style="FONT-FAMILY: serif">The terms of the new
Vishay notes and the new VPG notes are based on the terms of the original Vishay
exchangeable floating-rate unsecured notes, which were issued on December 13,
2002. Certain terms were determined based upon the respective market values of
the common stock of Vishay and VPG on the first ten trading days after the
spin-off.</font></div>
    <div>&#160;</div>
    <div align="left"><font size="2" style="FONT-FAMILY: serif">The terms of the
replacement notes are summarized as follows:</font></div>
    <div>&#160;</div>
    <div>
      <table border="0" cellpadding="0" cellspacing="0" width="100%" style="PADDING-RIGHT: 3pt; PADDING-LEFT: 3pt; PADDING-BOTTOM: 3pt; PADDING-TOP: 3pt; BORDER-COLLAPSE: collapse; ">
<tr valign="bottom">
            <td align="left" nowrap valign="top" width="25%" style="BORDER-TOP: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid">
            </td>
            <td valign="top" width="25%" style="BORDER-TOP: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="2" style="FONT-FAMILY: serif">Original Vishay<br>Intertechnology
      Notes</font></font></td>
            <td valign="top" width="25%" style="BORDER-TOP: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="2" style="FONT-FAMILY: serif">New Vishay
      Intertechnology<br>Notes</font></font></td>
            <td valign="top" width="24%" style="BORDER-RIGHT: #000000 1pt solid; BORDER-TOP: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="2">Vishay Precision
      Group Notes</font></font></td>
          </tr><tr valign="bottom">
            <td align="left" nowrap valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">Issuer</font></td>
            <td align="left" valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">Vishay Intertechnology, Inc.</font></td>
            <td align="left" valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">Vishay Intertechnology, Inc.</font></td>
            <td align="left" valign="top" width="24%" style="BORDER-RIGHT: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">Vishay Precision Group, Inc.</font></td>
          </tr><tr valign="bottom">
            <td align="left" nowrap valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">Maturity</font></td>
            <td align="left" valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">December 13, 2102</font></td>
            <td align="left" valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">December 13, 2102</font></td>
            <td align="left" valign="top" width="24%" style="BORDER-RIGHT: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">December 13, 2102</font></td>
          </tr><tr valign="bottom">
            <td align="left" nowrap valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">Aggregate principal<br>amount outstanding</font></td>
            <td valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid; TEXT-ALIGN: right"><font size="2" style="FONT-FAMILY: serif">$105,000,000</font></td>
            <td align="right" valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">$95,041,540<br>(approximately 90.52%)</font></td>
            <td align="right" valign="top" width="24%" style="BORDER-RIGHT: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">$9,958,460<br>(approximately 9.48%)</font></td>
          </tr><tr valign="bottom">
            <td align="left" nowrap valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">Interest</font></td>
            <td align="left" valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2">Notes bear interest at
      three-month LIBOR, reset quarterly. Beginning January 1, 2011, the
      interest rate may be reduced to 50% of LIBOR if Vishay common stock trades
      above the interest rate hurdle for 30 or more consecutive trading days
      prior to that point.</font></td>
            <td align="left" valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">Notes bear interest at three-month LIBOR, reset quarterly.
      Beginning January 1, 2011, the interest rate may be reduced to 50% of
      LIBOR if Vishay common stock trades above the interest rate hurdle for 30
      or more consecutive trading days prior to that point.</font></td>
            <td align="left" valign="top" width="24%" style="BORDER-RIGHT: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">Notes bear interest at three-month LIBOR, reset quarterly.
      Beginning January 1, 2011, the interest rate may be reduced to 50% of
      LIBOR if VPG common stock trades above the interest rate hurdle for 30 or
      more consecutive trading days prior to that point.</font></td>
          </tr><tr>
            <td align="left" nowrap valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2">Interest payment
      <br>dates</font></td>
            <td align="left" valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2">Payable quarterly on March
      31, June 30, September 30, December 31</font></td>
            <td align="left" valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2">Payable quarterly on March
      31, June 30, September 30, December 31</font></td>
            <td align="left" valign="top" width="24%" style="BORDER-RIGHT: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2">Payable quarterly on March
      31, June 30, September 30, December 31</font></td>
          </tr><tr>
            <td align="left" nowrap valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2">Put / Call rate
      per<br>share</font></td>
            <td align="right" valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2">$17.00</font></td>
            <td align="right" valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2">$15.39</font></td>
            <td align="right" valign="top" width="24%" style="BORDER-RIGHT: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2">$22.57</font></td>
          </tr><tr>
            <td align="left" nowrap valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2">Aggregate shares
      <br>issuable upon <br>exchange of notes</font></td>
            <td align="right" valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2">6,176,471</font></td>
            <td align="right" valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2">6,176,471</font></td>
            <td align="right" valign="top" width="24%" style="BORDER-RIGHT: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2">441,176</font></td>
          </tr><tr>
            <td align="left" nowrap valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2">Interest rate hurdle
      <br>per share</font></td>
            <td align="right" valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2">$45.00</font></td>
            <td align="right" valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2">$40.73</font></td>
            <td align="right" valign="top" width="24%" style="BORDER-RIGHT: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2">$59.75</font></td>
          </tr><tr>
            <td align="left" nowrap valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2">Call target price
      per <br>share</font></td>
            <td align="right" valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2">$35.00</font></td>
            <td align="right" valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2">$31.68</font></td>
            <td align="right" valign="top" width="24%" style="BORDER-RIGHT: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2">$46.47</font></td>
          </tr></table>
    </div><br>
    <div align="left">
      <hr align="center" noshade size="2" width="100%">
    </div>
    <div id="PN" style="PAGE-BREAK-BEFORE: always">
    </div><br>
    <div align="left"><font size="2" style="FONT-FAMILY: serif">Also as a result of the
spin-off, holders of Vishay warrants were issued warrants to acquire common
stock of VPG, and the existing Vishay warrants were modified. The exercise
prices of the modified Vishay warrants and the newly issued VPG warrants were
determined based upon the respective market values of the common stock of Vishay
and VPG on the first ten trading days after the spin-off.</font></div>
    <div>&#160;</div>
    <div align="left"><font size="2" style="FONT-FAMILY: serif">The terms of the
warrants are summarized as follows:</font></div>
    <div>&#160;</div>
    <div>
      <table border="0" cellpadding="0" cellspacing="0" width="100%" style="PADDING-RIGHT: 3pt; PADDING-LEFT: 3pt; PADDING-BOTTOM: 3pt; PADDING-TOP: 3pt; BORDER-COLLAPSE: collapse; ">
<tr valign="bottom">
            <td align="left" nowrap valign="top" width="25%" style="BORDER-TOP: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid">
            </td>
            <td nowrap valign="top" width="25%" style="BORDER-TOP: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="2" style="FONT-FAMILY: serif">Original Vishay<br>Intertechnology
      Warrants</font></font></td>
            <td nowrap valign="top" width="25%" style="BORDER-TOP: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="2" style="FONT-FAMILY: serif">Modified Vishay<br>Intertechnology
      Warrants</font></font></td>
            <td nowrap valign="top" width="24%" style="BORDER-RIGHT: #000000 1pt solid; BORDER-TOP: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="2" style="FONT-FAMILY: serif">Vishay Precision
      Group<br>Warrants</font></font></td>
          </tr><tr valign="bottom">
            <td align="left" nowrap valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">Issuer</font></td>
            <td align="left" nowrap valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">Vishay Intertechnology, Inc.</font></td>
            <td align="left" nowrap valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">Vishay Intertechnology, Inc.</font></td>
            <td align="left" nowrap valign="top" width="24%" style="BORDER-RIGHT: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">Vishay Precision Group, Inc.</font></td>
          </tr><tr valign="bottom">
            <td align="left" nowrap valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">Underlying shares of<br>common stock &#8211;<br>Class A
warrants</font></td>
            <td align="right" nowrap valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">7,000,000</font></td>
            <td align="right" nowrap valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">7,000,000</font></td>
            <td align="right" nowrap valign="top" width="24%" style="BORDER-RIGHT: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">500,000</font></td>
          </tr><tr valign="bottom">
            <td align="left" nowrap valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">Exercise price &#8211; Class<br>A warrants</font></td>
            <td align="right" nowrap valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">$20.00</font></td>
            <td align="right" nowrap valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">$18.10</font></td>
            <td align="right" nowrap valign="top" width="24%" style="BORDER-RIGHT: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">$26.56</font></td>
          </tr><tr valign="bottom">
            <td align="left" nowrap valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">Underlying shares of<br>common stock &#8211;<br>Class B
warrants</font></td>
            <td align="right" nowrap valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">1,823,529</font></td>
            <td align="right" nowrap valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">1,823,529</font></td>
            <td align="right" nowrap valign="top" width="24%" style="BORDER-RIGHT: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">130,252</font></td>
          </tr><tr valign="bottom">
            <td align="left" nowrap valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">Exercise price &#8211; Class<br>B warrants</font></td>
            <td align="right" nowrap valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">$30.30</font></td>
            <td align="right" nowrap valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">$27.43</font></td>
            <td align="right" nowrap valign="top" width="24%" style="BORDER-RIGHT: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">$40.23</font></td>
          </tr><tr valign="bottom">
            <td align="left" nowrap valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">Expiration date &#8211; all<br>warrants</font></td>
            <td align="right" nowrap valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">December 13, 2012</font></td>
            <td align="right" nowrap valign="top" width="25%" style="BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">December 13, 2012</font></td>
            <td align="right" nowrap valign="top" width="24%" style="BORDER-RIGHT: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: serif">December 13, 2012</font></td>
          </tr></table>
    </div><br>
    <div align="left"><font size="2" style="FONT-FAMILY: serif">The summary and
descriptions set forth above are provided for informational purposes only. For
specific terms and conditions, please refer to the referenced note instrument,
put and call agreement, and warrant agreement (filed as Exhibits 4.5, 4.3, and
4.1, respectively, to Vishay&#8217;s current report on Form 8-K filed December 23,
2002); Vishay&#8217;s registration statement on Form S-3/A (file number 333-102507)
filed on March 1, 2004; and VPG&#8217;s registration statement on Form 10 filed June
22, 2010.</font></div>
    <div>&#160;</div>
    <div align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="2" style="FONT-FAMILY: serif">About Vishay
Intertechnology</font></font></div>
    <div>&#160;</div>
    <div align="left"><font size="2" style="FONT-FAMILY: serif">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, MOSFETs, and infrared
optoelectronics) and passive electronic components (resistors, inductors, and
capacitors). These components are used in virtually all types of electronic
devices and equipment, in the industrial, computing, automotive, consumer,
telecommunications, military, aerospace, power supplies, and medical markets.
Vishay&#8217;s product innovations, successful acquisition strategy, and &#8220;one-stop
shop&#8221; service have made it a global industry leader. Vishay can be found on the
Internet at www.vishay.com.</font></div>
    <div>&#160;</div>
    <div align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="2" style="FONT-FAMILY: serif">About Vishay Precision
Group</font></font></div>
    <div>&#160;</div>
    <div align="left"><font size="2" style="FONT-FAMILY: serif">Vishay Precision Group
produces sensors based on resistive foil technology, and sensor-based systems.
VPG provides vertically integrated products and solutions for multiple growing
markets in the areas of stress measurement, industrial weighing, and
manufacturing process control. As a spin-off from Vishay Intertechnology, VPG
has a decades-long track record of innovation in foil precision resistors,
current sensors, and strain gages, which has served as a foundation for our more
recent expansion into strain gage instrumentation, load cells and transducers,
load cell modules, and complete systems for process control and on-board
weighing. Vishay Precision Group may be found on the Internet at
www.vishaypg.com.</font></div>
    <div>&#160;</div>
    <hr align="center" noshade size="2" width="100%">
    <div id="PN" style="PAGE-BREAK-BEFORE: always">
    </div><br>
    <div align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="2" style="FONT-FAMILY: serif">CONTACTS: </font></font></div>
    <div>&#160;</div>
    <div align="left"><font size="2" style="FONT-FAMILY: serif">Vishay Intertechnology,
Inc. </font></div>
    <div align="left"><font size="2" style="FONT-FAMILY: serif">Peter G. Henrici
</font></div>
    <div align="left"><font size="2" style="FONT-FAMILY: serif">Senior Vice President
Corporate Communications </font></div>
    <div align="left"><font size="2" style="FONT-FAMILY: serif">(610) 644-1300
</font></div>
    <div>&#160;</div>
    <div align="left"><font size="2" style="FONT-FAMILY: serif">Vishay Precision Group
</font></div>
    <div align="left"><font size="2" style="FONT-FAMILY: serif">William M. Clancy
</font></div>
    <div align="left"><font size="2" style="FONT-FAMILY: serif">Chief Financial Officer
</font></div>
    <div align="left"><font size="2" style="FONT-FAMILY: serif">(484) 321-5300
</font></div>
    <div>&#160;</div>
    <div align="left"><font size="2" style="FONT-FAMILY: serif">Joele Frank, Wilkinson
Brimmer Katcher </font></div>
    <div align="left"><font size="2" style="FONT-FAMILY: serif">Matthew Sherman /
Jennifer Friedman </font></div>
    <div align="left"><font size="2" style="FONT-FAMILY: serif">(212) 355-4449
</font></div>
    <div>&#160;</div>
    <hr align="center" noshade size="2" width="100%">
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