-----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,
 CoeANGsnIVf4u6PRNceohtr/o+sAKVJpxH+c5ae3p/vGXn7vl0twOx4DEeiXkhJj
 d/ZeN/8e1tXFjJ4Hlo/JNQ==

<SEC-DOCUMENT>0000947871-08-000038.txt : 20080123
<SEC-HEADER>0000947871-08-000038.hdr.sgml : 20080123
<ACCEPTANCE-DATETIME>20080123131658
ACCESSION NUMBER:		0000947871-08-000038
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20080123
FILED AS OF DATE:		20080123
DATE AS OF CHANGE:		20080123

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			STMICROELECTRONICS NV
		CENTRAL INDEX KEY:			0000932787
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			P7
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13546
		FILM NUMBER:		08544050

	BUSINESS ADDRESS:	
		STREET 1:		39 CHEMIN DU CHAMP DES FILLES
		STREET 2:		1228 PLAN-LES-OUATES
		CITY:			GENEVA
		STATE:			V8
		ZIP:			00000
		BUSINESS PHONE:		011 41 22 929 2929

	MAIL ADDRESS:	
		STREET 1:		39 CHEMIN DU CHAMP DES FILLES
		STREET 2:		1228 PLAN-LES-OUATES
		CITY:			GENEVA
		STATE:			V8
		ZIP:			00000

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SGS THOMSON MICROELECTRONICS NV
		DATE OF NAME CHANGE:	19950310
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>f6k-28888_stm.htm
<DESCRIPTION>REPORT OF FOREIGN PRIVATE ISSUER
<TEXT>
<html>
  <head>
    <title>
</title>
</head>
  <body bgcolor="#ffffff" style="MARGIN: 4%; TEXT-INDENT: 0pt">
    <div>
      <hr style="MARGIN-TOP: -5px; COLOR: #000000" noshade size="4">
      <hr style="MARGIN-TOP: -10px; COLOR: #000000" noshade size="1">
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 18pt; FONT-FAMILY: times new roman"><strong>SECURITIES
      AND EXCHANGE COMMISSION</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Washington,
      D.C. 20549</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 18pt; FONT-FAMILY: times new roman"><strong>FORM
      6-K</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>REPORT
      OF FOREIGN PRIVATE ISSUER</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>PURSUANT
      TO RULE 13a-16 or 15d-16 OF</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>THE
      SECURITIES EXCHANGE ACT OF 1934</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Report
      on Form 6-K dated January 23, 2008</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">
      <hr style="COLOR: black" align="center" noshade size="1" width="12%">
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 24pt; FONT-FAMILY: Times New Roman"><strong>STMicroelectronics
      N.V.</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Name
      of
      Registrant)</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">39,
      Chemin du Champ-des-Filles</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1228
      Plan-les-Ouates, Geneva, Switzerland</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Address
      of Principal Executive Offices)</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">
      <div>&#160;</div>
      <div>
        <hr style="COLOR: black" align="center" noshade size="1" width="12%">
      </div>
      <div>&#160;</div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Indicate
      by check mark whether the registrant files or will file annual reports under
      cover of Form&#160;20-F or Form 40-F.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Form
      20-F
<font style="FONT-FAMILY: Wingdings" size="3">x</font>&#160;&#160;&#160;&#160;
</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Form
      40-F
<font style="FONT-FAMILY: Wingdings" size="3">o</font></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Indicate
      by check mark if the registrant is submitting the Form 6-K in paper as permitted
      by Regulation S-T Rule 101(b)(7):</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Yes
<font style="FONT-FAMILY: Wingdings" size="3">o</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">No
<font style="FONT-FAMILY: Wingdings" size="3">x</font></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Indicate
      by check mark whether the registrant by furnishing the information contained
      in
      this form is also thereby furnishing the information to the Commission pursuant
      to Rule 12g3-2(b) under the Securities Exchange Act of 1934.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Yes
<font style="FONT-FAMILY: Wingdings" size="3">o</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">No
<font style="FONT-FAMILY: Wingdings" size="3">x</font></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 72pt; TEXT-INDENT: -72pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">If
&#8220;Yes&#8221;
      is marked, indicate below the file number assigned to the registrant in
      connection with</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 72pt; TEXT-INDENT: -72pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Rule
      12g3-2(b): 82- __________</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 72pt; TEXT-INDENT: -72pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Enclosure:
          A press release dated January 22, 2008, announcing 2007 fourth quarter
          and full
          year revenues and earnings. </font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
          </div>
          <div>
            <hr style="MARGIN-TOP: -5px; COLOR: #000000" noshade size="1">
            <hr style="MARGIN-TOP: -13px; COLOR: #000000" noshade size="4">
          </div>
        </div>
        <div id="HDR">
        </div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>PR
          No. C2561C</strong></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>STMicroelectronics
            Reports 2007 Fourth Quarter and Full Year</strong></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>Revenues
            and Earnings</strong></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 18pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Fourth
                      quarter net revenues increased 6.9% sequentially to $2.74 billion,
                      gross
                      margin at 36.9%, diluted EPS was $0.27 before restructuring
                      and one-time
                      charges </strong></font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 18pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>2007
                      net revenues reached $10.0 billion; net income before restructuring
                      and
                      one-time charges was $698
                      million</strong></font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 18pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>2007
                      net operating cash flow up 26% to $840
                      million</strong></font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Geneva,
            January 22, 2008 - </strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">STMicroelectronics
            (NYSE: STM) reported financial results for the fourth quarter and year
            ended
            December 31, 2007. </font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">ST,
            in
            conjunction with Intel and Francisco Partners, entered into a definitive
            agreement on May 22, 2007 to create an independent semiconductor company,
            with
            ST contributing its Flash Memories Group (FMG). Subject to satisfying
            the
            closing conditions, ST anticipates the completion of the transaction
            during the
            2008 first quarter. In this press release, ST presents certain financial
            results
            for the Company as a whole, as well as for the Company excluding FMG.
            </font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><u>Net
            Revenues and Gross Profit Review</u></strong></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Net
            revenues for the fourth quarter increased 6.9% sequentially to $2.74
            billion
            from the $2.57 billion reported in the prior quarter. Excluding FMG,
            net
            revenues increased 7.7% sequentially with growth led by imaging products,
            data
            storage, application-specific wireless, and industrial products.</font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Net
            revenues for the full year were $10.0 billion, an increase of 1.5% compared
            to
            2006 net revenues of $9.9 billion. ST&#8217;s year-over-year net revenues growth,
            excluding FMG, was about 4.3%, driven by MEMS (Micro-Electro-Mechanical
            Systems), digital consumer, industrial, and application-specific </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">wireless
            products, indicating that the Company grew sales for its served market
            in line
            with industry analysts&#8217; preliminary estimates.</font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
          <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
            <div id="FTR">
              <div id="GLFTR" style="WIDTH: 100%" align="left">
              </div>
            </div>
            <div id="PN" style="PAGE-BREAK-AFTER: always">
              <div style="WIDTH: 100%; TEXT-ALIGN: center">
              </div>
              <div style="WIDTH: 100%; TEXT-ALIGN: center">
                <hr style="COLOR: black" noshade size="2">
              </div>
            </div>
            <div id="HDR">
              <div id="GLHDR" style="WIDTH: 100%" align="right">
              </div>
            </div>
            <div>&#160;</div>
          </div>
          <div align="left">
            <table border="1" bordercolor="#000000" cellpadding="5" cellspacing="1" width="100%">

                <tr>
                  <td align="justify" valign="top" width="20%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>In
                      Billion US$ and %</strong></font></div>
                  </td>
                  <td colspan="2" valign="top" width="34%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Q4
                      2007</strong></font></div>
                  </td>
                  <td colspan="2" valign="top" width="34%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Full
                      year 2007</strong></font></div>
                  </td>
                </tr>
                <tr>
                  <td align="justify" valign="top" width="20%">&#160;&#160;&#160;&#160; </td>
                  <td valign="top" width="17%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ST</strong></font></div>
                  </td>
                  <td valign="top" width="17%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ST
                      excluding FMG</strong></font></div>
                  </td>
                  <td valign="top" width="17%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ST</strong></font></div>
                  </td>
                  <td valign="top" width="17%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ST
                      excluding FMG</strong></font></div>
                  </td>
                </tr>
                <tr bgcolor="#cceeff">
                  <td align="justify" valign="top" width="20%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Net
                      Revenues</strong></font></div>
                  </td>
                  <td valign="top" width="17%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">$2.74</font></div>
                  </td>
                  <td valign="top" width="17%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">$2.38</font></div>
                  </td>
                  <td valign="top" width="17%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">$10.00</font></div>
                  </td>
                  <td valign="top" width="17%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">$8.64</font></div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td align="justify" valign="top" width="20%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Sequential
                      Growth</strong></font></div>
                  </td>
                  <td valign="top" width="17%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">6.9%</font></div>
                  </td>
                  <td valign="top" width="17%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">7.7%</font></div>
                  </td>
                  <td valign="top" width="17%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">n/a</font></div>
                  </td>
                  <td valign="top" width="17%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">n/a</font></div>
                  </td>
                </tr>
                <tr bgcolor="#cceeff">
                  <td align="justify" valign="top" width="20%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Year-over-Year
                      Growth</strong></font></div>
                  </td>
                  <td valign="top" width="17%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">10.4%</font></div>
                  </td>
                  <td valign="top" width="17%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">13.0%</font></div>
                  </td>
                  <td valign="top" width="17%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1.5%</font></div>
                  </td>
                  <td valign="top" width="17%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4.3%</font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div align="left">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>President
            and CEO Carlo Bozotti commented, &#8220;Our fourth quarter financial results exceeded
            the mid-point of our outlook, with revenues up 6.9% sequentially and
            gross
            margin at 36.9%. Excluding FMG, revenues were up 7.7% sequentially with
            a gross
            margin of 38.2%. Sequential sales growth was driven by ST&#8217;s strong
            industrial-products offering and improving wireless positioning, both
            of which
            are areas of significant product-development focus for us.
</strong></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>&#8220;Over
            the course of 2007 we made progress in strengthening our Application
            Specific
            Product Groups (ASG). ASG&#8217;s revenue growth of approximately 25%, comparing
            fourth quarter 2007 results with those of the year&#8217;s first quarter, was in line
            with our earlier expectations and is clear evidence of our strengthening
            portfolio. Additionally, our Industrial and Multisegment Sector (IMS),
            which
            includes Advanced Analog, MEMS and Microcontrollers, had sales growth
            over 10%
            in 2007, demonstrating the quality of ST&#8217;s product portfolio and capability to
            increase share in the industrial and analog markets.&#8221;</strong></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Gross
            profit was $1.01 billion for the 2007 fourth quarter and the gross margin
            was
            36.9%. Sequentially, both gross profit and gross margin improved from
            the prior
            quarter levels of $902 million and 35.2%, respectively. During the fourth
            quarter, FMG gross profit realized the benefit of suspended depreciation
            related
            to assets held for sale. Excluding FMG, gross profit was $911 million
            for the
            2007 fourth quarter, representing a gross margin of 38.2%, a decrease
            from the
            39.1% in the third quarter due to severe exchange-rate degradation and
            higher
            weighting of imaging devices in the product mix.</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>&#160;</em></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
            the
            year-ago quarter, the gross profit for the entire Company was $901 million
            and
            the gross margin was 36.3%.</font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">For
            the
            2007 full year, ST&#8217;s gross profit was $3.54 billion, with a gross margin of
            35.4% compared to 2006 gross profit and gross margin of $3.52 billion
            and 35.8%
            respectively. </font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
          <div align="left">
            <table border="1" bordercolor="#000000" cellpadding="5" cellspacing="1" width="100%">

                <tr>
                  <td align="justify" valign="top" width="20%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>In
                      Billion US$ and %</strong></font></div>
                  </td>
                  <td colspan="2" valign="top" width="34%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Q4
                      2007</strong></font></div>
                  </td>
                  <td colspan="2" valign="top" width="34%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Full
                      year 2007</strong></font></div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td align="justify" valign="top" width="20%">&#160;&#160; </td>
                  <td valign="top" width="17%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ST</strong></font></div>
                  </td>
                  <td valign="top" width="17%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ST
                      excluding FMG</strong></font></div>
                  </td>
                  <td valign="top" width="17%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ST</strong></font></div>
                  </td>
                  <td valign="top" width="17%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ST
                      excluding FMG</strong></font></div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td align="justify" valign="top" width="20%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Gross
                      Profit</strong></font></div>
                  </td>
                  <td valign="top" width="17%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">$1.01</font></div>
                  </td>
                  <td valign="top" width="17%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">$0.91</font></div>
                  </td>
                  <td valign="top" width="17%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">$3.54</font></div>
                  </td>
                  <td valign="top" width="17%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">$3.29</font></div>
                  </td>
                </tr>
                <tr bgcolor="#cceeff">
                  <td align="justify" valign="top" width="20%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Gross
                      Margin</strong></font></div>
                  </td>
                  <td valign="top" width="17%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">36.9%</font></div>
                  </td>
                  <td valign="top" width="17%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">38.2%</font></div>
                  </td>
                  <td valign="top" width="17%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">35.4%</font></div>
                  </td>
                  <td valign="top" width="17%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">38.1%</font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><u>Operating
            Expenses</u></strong></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
            the
            2007 fourth quarter</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>&#160;</em></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">R&amp;D
            expenses were $480 million and SG&amp;A expenses were $295 million. Combined
            selling, general &amp; administrative and research &amp; development expenses
            represented 28.3% of net revenues in the fourth quarter, compared to
            27.8% in
            the third quarter of 2007, and below the 28.6% level in the year-ago
            quarter. In
            the 2007 fourth quarter, combined SG&amp;A and R&amp;D expenses reflected an
            additional $25 million in sequential</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>&#160;</em></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">currency
            effects, $8 million </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">sequential
            increase in stock-based compensation charges and $7 million in additional
            R&amp;D expenses from the acquisition of the Nokia design team, which closed
            on
            November 5th.</font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
          <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
            <div id="FTR">
              <div id="GLFTR" style="WIDTH: 100%" align="left">
              </div>
            </div>
            <div id="PN" style="PAGE-BREAK-AFTER: always">
              <div style="WIDTH: 100%; TEXT-ALIGN: center">
              </div>
              <div style="WIDTH: 100%; TEXT-ALIGN: center">
                <hr style="COLOR: black" noshade size="2">
              </div>
            </div>
            <div id="HDR">
              <div id="GLHDR" style="WIDTH: 100%" align="right">
              </div>
            </div>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Research
            and development expenses were $1.80 billion and $1.67 billion in 2007
            and 2006,
            respectively, while selling, general and administrative expenses were
            $1.10
            billion and $1.07 billion during the same respective periods. For the
            2007 full
            year, combined SG&amp;A and R&amp;D expenses were 29.0% of net revenues compared
            to 27.7% in 2006, reflecting an estimated year-over-year currency impact
            of
            approximately $180 million. </font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><u>Impairment
            and Restructuring Charges</u></strong></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Fourth
            quarter impairment and restructuring charges totaled $279 million, with
            $30
            million primarily coming from previously announced restructuring programs
            and
            $249 million in non-cash impairment charges for the FMG assets held for
            sale.
            The additional impairment charges related to the Numonyx transaction
            result from
            revised terms of the Numonyx deal, exchange rate effects, and an updated
            calculation of ST&#8217;s expected equity value at closing. For the full year 2007,
            FMG non-cash impairment charges totaled $1.11 billion, while restructuring
            charges for previous plans were $116 million.</font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><u>Other-than-temporary
            Impairment Charges on Marketable Securities</u></strong></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Since
            May
            2006 ST has granted a specific mandate to a global financial institution
            to
            invest a portion of its cash position in a US federally-guaranteed student
            loan
            program. In mid 2007 ST became aware that the managing financial institution
            deviated from its specific authorization and that ST had been credited
            with
            investments in unauthorized auction rate securities. As a direct result
            of these
            unauthorized investments, and the current market conditions for the underlying
            asset based securities, the company has recognized an impairment to the
            fair
            value of these securities in the fourth quarter of $46 million. The Company
            is
            pursuing all available options to recover its losses from these
            investments.</font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><u>Operating
            Income and Profit Margin, Net Income and Earnings per
            Share</u></strong></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">For
            the
            2007 fourth quarter, the Company reported an operating loss of $15 million
            (operating income was $264 million, an operating margin of 9.6%, excluding
            restructuring and impairment charges of $279 million), and net income
            of $20
            million, or $0.02 per diluted share ($0.27 excluding restructuring and
            impairment charges that are equivalent, net of taxes, to $0.20 per diluted
            share, and other-than-temporary impairment charges on marketable securities
            of
            $46 million, an after tax impact of $0.05 per diluted share). In the
            year-ago
            quarter, the Company reported operating income of $173 million, equal
            to an
            operating margin of 7.0% (7.4% excluding restructuring and impairment
            charges),
            and net income of $276 million or $0.30 per diluted share ($0.21 excluding
            restructuring and impairment charges and benefits from a one-time tax
            claim). In
            the prior quarter, the Company reported operating income of $181 million,
            an
            operating margin of 7.0% (9.1% excluding one-time charges of $52 million),
            and
            net income of $187 million, or $0.20 per diluted share ($0.24 excluding
            one-time
            charges). </font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Largely
            reflecting the non-cash impairment charges in connection with the agreement
            to
            divest FMG, ST&#8217;s operating loss was $545 million for full year 2007, compared to
            operating income of $677 million in the full year 2006. Net loss was
            $477
            million, or $ -0.53 per share, compared to net income</font></div><br>
          <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
            <div id="FTR">
              <div id="GLFTR" style="WIDTH: 100%" align="left">
              </div>
            </div>
            <div id="PN" style="PAGE-BREAK-AFTER: always">
              <div style="WIDTH: 100%; TEXT-ALIGN: center">
              </div>
              <div style="WIDTH: 100%; TEXT-ALIGN: center">
                <hr style="COLOR: black" noshade size="2">
              </div>
            </div>
            <div id="HDR">
              <div id="GLHDR" style="WIDTH: 100%" align="right">
              </div>
            </div>
          </div><br>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">of
            $782
            million, or $0.83 per diluted share in 2006. 2007 results included impairment,
            restructuring charges, other related closure costs and other one-time
            charges
            equivalent, net of taxes, to $1.29 per diluted share.</font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
            the
            fourth quarter of 2007, the effective average exchange rate for the Company
            was
            approximately $1.425 to &#8364;1, compared to $1.356 to &#8364;1 in the third quarter of
            2007 and $1.28 to &#8364;1 in the year-ago quarter. The Company&#8217;s effective exchange
            rate reflects actual exchange rate levels combined with the impact of
            hedging
            programs. </font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">For
            the
            full year 2007, the effective average exchange rate for the Company was
            approximately $1.35 to &#8364;1.00, compared to $1.24 to &#8364;1.00 for the full year 2006.
</font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Carlo
            Bozotti, President and CEO, stated, &#8220;While we continue to make significant
            improvements in a number of areas - such as our product portfolio
            competitiveness, capital intensity, manufacturing performance and cost
            structure
            - the financial benefits of our actions are difficult to see, as a rapidly
            weakening US dollar absorbs much of our progress. We estimate that on
            a constant
            currency basis our 2007 operating profit, excluding restructuring and
            impairment
            charges, would have been about $310 million higher than the reported
            figure of
            $683 million and would have been about $240 million higher than the comparable
            operating profit figure of $754 million in 2006. Therefore, ST will continue
            to
            take the necessary actions and portfolio efforts required to further
            improve the
            Company&#8217;s operating leverage.&#8221;</strong></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><u>Cash
            Flow and Balance Sheet Highlights</u></strong></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Net
            cash
            from operating activities was $737 million in the fourth quarter and
            $2.19
            billion for the full year 2007. Net operating cash flow* was $188 million
            for
            the fourth quarter, compared to $255 million in the prior quarter and
            $157
            million in the year-ago quarter. In the 2007 fourth quarter cash flow
            included a
            negative impact of approximately $250 million related to purchasing a
            portion of
            the Crolles2 equipment and the Nokia agreement announced in August. For
            the full
            year, net operating cash flow* totaled $840 million, up from $666 million
            in
            2006.</font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Carlo
            Bozotti added, &#8220;We continue to emphasize a lighter asset strategy, and are
            reconfirming our target to have capex represent approximately 10% of
            sales in
            2008. Importantly, we have significantly increased our net operating
            cash flow
            during 2007, improving 26% to $840 million&#8221;.</strong></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Reflecting
            ST&#8217;s successful progress in its lighter asset policy, capital expenditures
            were
            significantly lower in 2007. Specifically, capital expenditures were
            $1.14
            billion, or 11.4% of sales, for the full year 2007, compared to $1.53
            billion,
            or 15.6% of sales, for 2006. Inventory turns, excluding FMG, increased
            sequentially from 3.9 to 4.4 times. </font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">At
            December 31, 2007, ST&#8217;s cash and cash equivalents, marketable securities both
            current and non-current, short-term deposits and restricted cash equaled
            $3.49
            billion. Total debt was $2.22 billion. ST&#8217;s net financial position** was $1.27
            billion. Shareholders&#8217; equity was $9.57 billion.</font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">

                <tr valign="top" style="line-height: 1.25;">
                  <td align="left" style="width: 18pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol"><sup>*</sup></font></td>
                  <td align="left">
                    <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Net
                      operating cash flow is a non-US GAAP metric, which the Company&#8217;s
                      management utilizes as a measure of cash-generation capability.
                      It is
                      defined as net cash from operating activities ($737 million
                      in the fourth
                      quarter of 2007) minus net cash used in investing activities
                      (primarily
                      capital expenditures) excluding restricted cash, payments for
                      purchase of
                      and proceeds from the sale of marketable securities (current
                      and
                      non-current) and investment in and proceeds from matured short-term
                      deposits ($549 million in the fourth quarter of
                      2007).</font><br></div>
                  </td>
                </tr>

            </table>
          </div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">

                <tr valign="top" style="line-height: 1.25;">
                  <td align="left" style="width: 18pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol"><sup>**</sup></font></td>
                  <td align="left">
                    <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Net
                      financial position is a non-US GAAP metric used by the Company&#8217;s
                      management to help assess financial flexibility. It is defined
                      as cash and
                      cash equivalents, marketable securities (current and non-current),
                      short-term deposits and restricted cash ($3,488 million) minus
                      total debt
                      (bank overdrafts $0 million + current portion of long-term
                      debt $103
                      million + long-term debt $2,117
                      million).</font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
            <div id="FTR">
              <div id="GLFTR" style="WIDTH: 100%" align="left">
              </div>
            </div>
            <div id="PN" style="PAGE-BREAK-AFTER: always">
              <div style="WIDTH: 100%; TEXT-ALIGN: center">
              </div>
              <div style="WIDTH: 100%; TEXT-ALIGN: center">
                <hr style="COLOR: black" noshade size="2">
              </div>
            </div>
            <div id="HDR">
              <div id="GLHDR" style="WIDTH: 100%" align="right">
              </div>
            </div>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><u>Net
            Revenues by Market Segment for Q4 and Full Year 2007</u></strong></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
            following table estimates, within a variance of 5% to 10% in the absolute
            dollar
            amount, the relative weighting of each of the Company&#8217;s target market segments
            for the 2007 fourth quarter and full year.</font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
          <div align="left">
            <table border="1" bordercolor="#000000" cellpadding="5" cellspacing="1" width="100%">

                <tr>
                  <td align="justify" valign="top" width="20%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>As
                      % of Net Revenues</strong></font></div>
                  </td>
                  <td colspan="2" valign="top" width="34%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Q4
                      2007</strong></font></div>
                  </td>
                  <td colspan="2" valign="top" width="34%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Full
                      year 2007</strong></font></div>
                  </td>
                </tr>
                <tr>
                  <td align="justify" valign="top" width="20%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Market
                      Segment</strong></font></div>
                  </td>
                  <td valign="top" width="17%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ST</strong></font></div>
                  </td>
                  <td valign="top" width="17%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ST
                      excluding FMG</strong></font></div>
                  </td>
                  <td valign="top" width="17%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ST</strong></font></div>
                  </td>
                  <td valign="top" width="17%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ST
                      excluding FMG</strong></font></div>
                  </td>
                </tr>
                <tr bgcolor="#cceeff">
                  <td align="justify" valign="top" width="20%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Automotive</strong></font></div>
                  </td>
                  <td valign="top" width="17%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">15%</font></div>
                  </td>
                  <td valign="top" width="17%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">16%</font></div>
                  </td>
                  <td valign="top" width="17%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">15%</font></div>
                  </td>
                  <td valign="top" width="17%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">17%</font></div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td align="justify" valign="top" width="20%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Consumer</strong></font></div>
                  </td>
                  <td valign="top" width="17%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">16%</font></div>
                  </td>
                  <td valign="top" width="17%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">16%</font></div>
                  </td>
                  <td valign="top" width="17%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">17%</font></div>
                  </td>
                  <td valign="top" width="17%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">17%</font></div>
                  </td>
                </tr>
                <tr bgcolor="#cceeff">
                  <td align="justify" valign="top" width="20%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Computer</strong></font></div>
                  </td>
                  <td valign="top" width="17%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">16%</font></div>
                  </td>
                  <td valign="top" width="17%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">17%</font></div>
                  </td>
                  <td valign="top" width="17%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">16%</font></div>
                  </td>
                  <td valign="top" width="17%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">17%</font></div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td align="justify" valign="top" width="20%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Telecom</strong></font></div>
                  </td>
                  <td valign="top" width="17%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">38%</font></div>
                  </td>
                  <td valign="top" width="17%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">35%</font></div>
                  </td>
                  <td valign="top" width="17%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">37%</font></div>
                  </td>
                  <td valign="top" width="17%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">32%</font></div>
                  </td>
                </tr>
                <tr bgcolor="#cceeff">
                  <td align="justify" valign="top" width="20%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Industrial
                      &amp; Other</strong></font></div>
                  </td>
                  <td valign="top" width="17%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">15%</font></div>
                  </td>
                  <td valign="top" width="17%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">16%</font></div>
                  </td>
                  <td valign="top" width="17%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">15%</font></div>
                  </td>
                  <td valign="top" width="17%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">17%</font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">For
            the
            combined Company Q4 2007 results, Telecom was up 11% sequentially, Industrial
            &amp; Others was up 9%, and Automotive and Computer were each up 6%. Consumer
            was down 1% sequentially. For the full year 2007, Industrial &amp; Others grew
            8%, while Automotive and Consumer were both up about 4%. Telecom was
            down about
            1% due to memory products, and Computer was down about 2%.</font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Excluding
            FMG reduces the telecom market segment weighting by three to five percentage
            points, due to FMG&#8217;s strong positioning within wireless. </font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><u>Financial
            and Operating Data by Product Segment for Q4 and Full Year
            2007</u></strong></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
            following table provides a breakdown of revenues and operating income
            by product
            segment.</font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div align="left">
            <table border="1" bordercolor="#000000" cellpadding="5" cellspacing="1" width="100%">

                <tr>
                  <td align="justify" valign="bottom" width="46%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>In
                      Million US$ and %</strong></font></div>
                  </td>
                  <td colspan="3" valign="top" width="42%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Q4
                      2007</strong></font></div>
                  </td>
                </tr>
                <tr>
                  <td align="left" valign="bottom" width="46%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Segment</strong></font></div>
                  </td>
                  <td valign="bottom" width="14%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Net
                      </strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Revenues</strong></font></div>
                  </td>
                  <td valign="bottom" width="14%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>%
                      of Net </strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Revenues</strong></font></div>
                  </td>
                  <td valign="top" width="14%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Operating
                      income (loss)</strong></font></div>
                  </td>
                </tr>
                <tr bgcolor="#cceeff">
                  <td align="justify" valign="bottom" width="46%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ASG
                      (Application Specific Product Groups)</strong></font></div>
                  </td>
                  <td valign="bottom" width="14%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">$1,521</font></div>
                  </td>
                  <td valign="bottom" width="14%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">55.5%</font></div>
                  </td>
                  <td valign="bottom" width="14%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">$108</font></div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td align="justify" valign="bottom" width="46%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>IMS
                      (Industrial and Multisegment Sector)</strong></font></div>
                  </td>
                  <td valign="bottom" width="14%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">846</font></div>
                  </td>
                  <td valign="bottom" width="14%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">30.9%</font></div>
                  </td>
                  <td valign="bottom" width="14%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">131</font></div>
                  </td>
                </tr>
                <tr bgcolor="#cceeff">
                  <td align="justify" valign="bottom" width="46%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>FMG
                      (Flash Memories Group)</strong></font></div>
                  </td>
                  <td valign="bottom" width="14%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">358</font></div>
                  </td>
                  <td valign="bottom" width="14%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">13.0%</font></div>
                  </td>
                  <td valign="bottom" width="14%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">26</font></div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td align="justify" valign="bottom" width="46%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Others
                      (1)(2)</strong></font></div>
                  </td>
                  <td valign="bottom" width="14%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">17</font></div>
                  </td>
                  <td valign="bottom" width="14%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.6%</font></div>
                  </td>
                  <td valign="bottom" width="14%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(280)</font></div>
                  </td>
                </tr>
                <tr bgcolor="#cceeff">
                  <td align="justify" valign="bottom" width="46%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>TOTAL</strong></font></div>
                  </td>
                  <td valign="bottom" width="14%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>$2,742</strong></font></div>
                  </td>
                  <td valign="bottom" width="14%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>100%</strong></font></div>
                  </td>
                  <td valign="bottom" width="14%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>$(15)</strong></font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">

                <tr valign="top" style="line-height: 1.25;">
                  <td align="left" style="width: 18pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(1)</font></td>
                  <td align="left">
                    <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Net
                      revenues of &#8220;Others&#8221; include revenues from sales of Subsystems and other
                      products not allocated to product
                      segments.</font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">

                <tr valign="top" style="line-height: 1.25;">
                  <td align="left" style="width: 18pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(2)</font></td>
                  <td align="left">
                    <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Operating
                      loss of &#8220;Others&#8221; includes items such as impairment, restructuring charges,
                      and other related closure costs, start-up costs, and other
                      unallocated
                      expenses such as strategic or special research and development
                      programs,
                      certain corporate-level operating expenses, certain patent
                      claims and
                      litigations, and other costs that are not allocated to the
                      product
                      segments, as well as operating earnings or losses of the Su</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">bsystems
                      and Other Pro</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">ducts
                      segment.</font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">ASG&#8217;s
            revenues grew 9.1% sequentially and 13.3% year-over-year, led by imaging
            products, data storage and application-specific wireless products. ASG&#8217;s
            operating profit declined sequentially due to the sequential increase
            in imaging
            device weighting and currency impact. IMS&#8217;s sales grew 5.3% </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">sequentially
            and 11.3% year-over-year reflecting strength in MEMS and advanced analog
            products while operating profit improved to $131 million. FMG sales grew
            1.6%
            sequentially, but were down 4% year-over-year. FMG operating profit improved
            as
            a result of suspended depreciation.</font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
          <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
            <div id="FTR">
              <div id="GLFTR" style="WIDTH: 100%" align="left">
              </div>
            </div>
            <div id="PN" style="PAGE-BREAK-AFTER: always">
              <div style="WIDTH: 100%; TEXT-ALIGN: center">
              </div>
              <div style="WIDTH: 100%; TEXT-ALIGN: center">
                <hr style="COLOR: black" noshade size="2">
              </div>
            </div>
            <div id="HDR">
              <div id="GLHDR" style="WIDTH: 100%" align="right">
              </div>
            </div>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div align="left">
            <table border="1" bordercolor="#000000" cellpadding="5" cellspacing="1" width="100%">

                <tr>
                  <td align="justify" valign="bottom" width="46%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>In
                      Million US$ and %</strong></font></div>
                  </td>
                  <td colspan="3" valign="top" width="42%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Full
                      Year 2007</strong></font></div>
                  </td>
                </tr>
                <tr>
                  <td align="left" valign="bottom" width="46%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Segment</strong></font></div>
                  </td>
                  <td valign="bottom" width="14%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Net
                      Revenues</strong></font></div>
                  </td>
                  <td valign="bottom" width="14%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>%
                      of Net Revenues</strong></font></div>
                  </td>
                  <td valign="top" width="14%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Operating
                      income (loss)</strong></font></div>
                  </td>
                </tr>
                <tr bgcolor="#cceeff">
                  <td align="justify" valign="bottom" width="46%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ASG
                      (Application Specific Product Groups)</strong></font></div>
                  </td>
                  <td valign="bottom" width="14%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">$5,439</font></div>
                  </td>
                  <td valign="bottom" width="14%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">54.4%</font></div>
                  </td>
                  <td valign="bottom" width="14%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">$303</font></div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td align="justify" valign="bottom" width="46%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>IMS
                      (Industrial and Multisegment Sector)</strong></font></div>
                  </td>
                  <td valign="bottom" width="14%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3,138</font></div>
                  </td>
                  <td valign="bottom" width="14%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">31.4%</font></div>
                  </td>
                  <td valign="bottom" width="14%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">469</font></div>
                  </td>
                </tr>
                <tr bgcolor="#cceeff">
                  <td align="justify" valign="bottom" width="46%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>FMG
                      (Flash Memories Group)</strong></font></div>
                  </td>
                  <td valign="bottom" width="14%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1,364</font></div>
                  </td>
                  <td valign="bottom" width="14%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">13.6%</font></div>
                  </td>
                  <td valign="bottom" width="14%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(51)</font></div>
                  </td>
                </tr>
                <tr bgcolor="white">
                  <td align="justify" valign="bottom" width="46%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Others
                      (1)(2)</strong></font></div>
                  </td>
                  <td valign="bottom" width="14%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">60</font></div>
                  </td>
                  <td valign="bottom" width="14%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">0.6%</font></div>
                  </td>
                  <td valign="bottom" width="14%">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(1,266)</font></div>
                  </td>
                </tr>
                <tr bgcolor="#cceeff">
                  <td align="justify" valign="bottom" width="46%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>TOTAL</strong></font></div>
                  </td>
                  <td valign="bottom" width="14%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>$10,001</strong></font></div>
                  </td>
                  <td valign="bottom" width="14%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>100%</strong></font></div>
                  </td>
                  <td valign="bottom" width="14%" style="border-bottom: black thin solid;">
                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>$(545)</strong></font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(1)
            and
            (2) defined in earlier table.</font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">For
            the
            full year, ASG sales were up 0.8%, IMS grew 10.4% while FMG revenues
            declined
            13.1%.</font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><u>Outlook</u></strong></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Mr.
            Bozotti stated, &#8220;Looking to Q1 of 2008 - in line with traditional seasonality -
            we expect net revenues to decline sequentially in the range between -5%
            and
            -11%, which represents a year-over-year improvement of about 11% at the
            midpoint. The gross margin is expected to be about 36.3%, plus or minus
            1
            percentage point. &#8221;</strong></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">This
            outlook refers to the total Company, including expected results from
            FMG for the
            full quarter and Genesis for the final two months , and is based on an
            assumed
            currency exchange rate of approximately $1.46 = &#8364;1.00 for the 2008 first
            quarter, which reflects current exchange rate levels combined with the
            impact of
            existing hedging contracts. </font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><u>Recent
            Corporate Developments</u></strong></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 18pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On
                      November 5, 2007, the Company and Nokia</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
                      announced the closing of their agreement, announced on August
                      8th, to
                      deepen their collaboration on the licensing and supply of integrated
                      circuit designs and modem technologies for 3G and its
                      evolution.</font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 18pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On
                      December 11, 2007, the Company and </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Genesis
                      Microchip Inc. announced that they had entered into a definitive
                      agreement
                      for STMicroelectronics to acquire Genesis Microchip. The acquisition
                      confirms STMicroelectronics as a leading System-on-Chip (SoC)
                      technology
                      provider to the rapidly growing digital television and display
                      markets.
                      The tender offer closed on January 16, 2008 with ST receiving
                      91% of
                      Genesis shares. A subsequent offering period remains open until
                      5:00 pm
                      New York time on January 23, 2008.</font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 18pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On
                      December 26, 2007, the Company announced that Intel, Francisco
                      Partners
                      and ST agreed to extend the deadline for the closing of Numonyx,
                      the joint
                      flash memory venture, to March 28, 2008. The three parties
                      continue to
                      work to satisfy the conditions to closing for the transaction,
                      and expect
                      the closing to take place in Q1
                      2008.</font></div>
                  </td>
                </tr>

            </table>
          </div><br>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 18pt;">
                  </td>
                  <td align="left" style="width: 18pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></td>
                  <td align="left">
                    <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On
                      January 15, 2008, the Company announced the appointment of
                      new executive
                      officers, all reporting to President and Chief Executive Officer
                      Carlo
                      Bozotti. </font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
          <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
            <div id="FTR">
              <div id="GLFTR" style="WIDTH: 100%" align="left">
              </div>
            </div>
            <div id="PN" style="PAGE-BREAK-AFTER: always">
              <div style="WIDTH: 100%; TEXT-ALIGN: center">
              </div>
              <div style="WIDTH: 100%; TEXT-ALIGN: center">
                <hr style="COLOR: black" noshade size="2">
              </div>
            </div>
            <div id="HDR">
              <div id="GLHDR" style="WIDTH: 100%" align="right">
              </div>
            </div>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong><u>Products,
            Technology and Design Wins</u></strong></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><u>Application-Specific
            Product Highlights</u></strong></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 18pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
                      car communications, ST released details of its Cartesio automotive-grade
                      embedded-GPS application processor. Primarily aimed at navigation
                      and
                      telematics applications, Cartesio is based on ST&#8217;s leading-edge Nomadik&#8482;
                      multimedia processor platform, which is increasingly gaining
                      market
                      penetration beyond mobile phones and in applications such as
                      automotive.
                      Separately, Chrysler announced the introduction in MiniVan
                      vehicles of the
                      Sirius Backseat TV service, which is enabled by ST chips, from
                      the RF to
                      the baseband. ST also gained a major audio power design win
                      at a Japanese
                      car radio OEM for a US car maker. </font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 18pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
                      automotive, ST and TIANJIN FAW Xiali Automobile, a China-based
                      automotive
                      manufacturer, inaugurated their Joint Automotive Application
                      Laboratory in
                      Tianjin, China, as part of the joint R&amp;D cooperation to develop
                      advanced automotive solutions for TJ FAW and its vendors. ST
                      also gained
                      important design wins in Direct Injection Engine applications
                      for a fully
                      integrated lambda sensor with a major North American OEM, a
                      Japanese OEM
                      and a major European OEM. </font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 18pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
                      car safety applications, ST acquired a major airbag platform
                      from a
                      Japanese OEM, confirming ST&#8217;s leadership in highly integrated smart-power
                      products for automotive applications. Additionally, four new
                      microcontrollers targeting power train, safety and car body
                      applications
                      have been designed, together with Freescale, in 90nm embedded
                      flash
                      process technology.</font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 18pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">And
                      in car body applications, ST gained contracts for the supply
                      of
                      smart-power actuator kits by an OEM in the Middle East, and
                      a very
                      significant win from a major North America supplier for four
                      different
                      body control units. Additionally, various ST application specific
                      products
                      for door modules and rear wipers were chosen by leading European
                      automotive players. ST also gained penetration in Japan with
                      tier one
                      suppliers for body control units, demonstrating the competitiveness
                      of
                      ST&#8217;s Intelligent Power Switch
                      portfolio.</font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 18pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
                      mobile connectivity, ST continued to increase its market share
                      for
                      Bluetooth and wireless LAN ICs with additional design-ins and
                      continuing
                      shipments to existing customers in the mobile phone market.
                      </font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 18pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Also
                      in mobile applications, ST&#8217;s leading-edge 1/4-in 3-megapixel autofocus
                      camera was selected for a number of new mobile phones shipping
                      soon from
                      two major handset makers. </font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 18pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
                      communications infrastructure, ST gained several significant
                      design wins
                      for application-specific chips based on its leading-edge BiCMOS
                      (Bipolar-CMOS) technology, including major design wins with
                      two leading
                      OEMs for next-generation fiber-optic transceivers, and a design
                      win at an
                      innovative start-up for a new generation of parallel optical
                      interconnect&#160;systems.</font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 18pt;">
                  </td>
                  <td align="left" style="width: 18pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></td>
                  <td align="left">
                    <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
                      consumer, ST introduced the STi5202 low-cost set-top-box (STB)
                      decoder
                      chip, intended for standard-definition (SD) terrestrial, cable,
                      satellite
                      and IP (Internet Protocol) TV applications, and for both retail
                      and
                      operator-supplied boxes. The chip shares the same architecture,
                      and is
                      also software compatible, with ST&#8217;s STi7109 single-chip H.264
                      high-definition (HD) decoder, which has been highly successful
                      in markets
                      worldwide.</font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
          <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
            <div id="FTR">
              <div id="GLFTR" style="WIDTH: 100%" align="left">
              </div>
            </div>
            <div id="PN" style="PAGE-BREAK-AFTER: always">
              <div style="WIDTH: 100%; TEXT-ALIGN: center">
              </div>
              <div style="WIDTH: 100%; TEXT-ALIGN: center">
                <hr style="COLOR: black" noshade size="2">
              </div>
            </div>
            <div id="HDR">
              <div id="GLHDR" style="WIDTH: 100%" align="right">
              </div>
            </div>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 18pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">ST
                      also announced that the leading Brazilian consumer manufacturer
                      Gradiente&#8217;s new DHD800 HD STB - the first to offer full compliance with
                      the new Brazilian SBTVD (Sistema Brasileiro de Televis&#227;o Digital) digital
                      terrestrial TV standard - is based on ST&#8217;s industry-leading STi7100
                      single-chip HDTV decoder technology.
</font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 18pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">And
                      in consumer audio, ST&#160;started shipments&#160;of its STA333W
                      high-quality digital audio&#160;Class D&#160;amplifier to a major Japanese
                      LCD customer.&#160;</font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 18pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
                      computer peripherals, ST gained a design win for an analog
                      ASIC
                      (Application-Specific IC) for a family of high-end inkjet printers
                      from a
                      major customer. And ST&#8217;s SPEAr&#8482; (Structured Processor Enhanced
                      Architecture) family of customizable digital engines was selected
                      by a
                      world leading OEM for multiple products in Human Machine Interface
                      and
                      Programmable Logic Controller
                      applications.</font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 18pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
                      hard-disk drives, ST shipped samples of its first 65nm iterative
                      read
                      channel for the low-power mobile segment of hard-disk drives
                      (HDDs). The
                      IC features enhanced signal-to-noise ratio gain and a 25% lower
                      power
                      consumption, which is vital in mobile HDD applications. ST
                      also enabled a
                      substantial advance in the security of data stored on HDDs
                      by becoming the
                      first vendor of secure HDD System-on-Chip (SoC) IP to be listed
                      on the US
                      National Institute of Standards and Testing (NIST) Pre-Validation
                      list for
                      FIPS 140-2 Level 3. ST also won a Visionary Company Award at
                      the recent
                      Storage Visions Conference, recognizing ST&#8217;s dedication to the development
                      of state-of-the-art storage technologies used in consumer electronics
                      and
                      the media and entertainment
                      industries.</font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><u>Industrial
            and Multi-Segment Product Highlights</u></strong></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 18pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Following
                      the launch earlier in the year of ST&#8217;s breakthrough STM32 32-bit Flash
                      microcontroller (MCU), based on the ARM&#174; Cortex&#8482;-M3 core, ST announced
                      several development kits, including ST&#8217;s STM32 Primer kit and the STM32
                      PerformanceStick, together with kits from multiple third-party
                      providers.
                      ST also announced a software library for the STM32 that simplifies
                      testing
                      and end-product approval, in addition to compliance with the
                      IEC 60335-1
                      standard, for use in household
                      appliances.</font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 18pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
                      smartcard applications, ST introduced the ST21F384 </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">secure
                      MCU with embedded-Flash for use in 2.5G and 3G mobile-phone
                      SIM cards. The
                      IC, which is the first such device to be produced in 90nm technology,
                      </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">uses
                      Flash memory for its program memory to provide increased flexibility
                      and
                      shorter lead times for manufacturers, coupled with increased
                      cost-efficiency from its 90nm production.
</font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 18pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
                      RFID, a solution from leading company 3M, based on ST&#8217;s LRI2K RFID chip,
                      was selected for use in 42 libraries in Paris to identify,
                      manage and
                      protect documents with a total of three million wireless smart
                      tags.</font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 18pt;">
                  </td>
                  <td align="left" style="width: 18pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></td>
                  <td align="left">
                    <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
                      MEMS devices, ST extended its family of ultra-compact &#8216;low-g&#8217; linear
                      accelerometers with the LIS344AL three-axis analog-output sensor,
                      which is
                      ideally suited for battery-powered and space-constrained portable
                      devices.
                      ST also launched the LIS331 &#8216;nano&#8217; low-power three-axis linear
                      accelerometers, the smallest in the world, measuring only 3
                      x 3 x 1mm.
                      </font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
          <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
            <div id="FTR">
              <div id="GLFTR" style="WIDTH: 100%" align="left">
              </div>
            </div>
            <div id="PN" style="PAGE-BREAK-AFTER: always">
              <div style="WIDTH: 100%; TEXT-ALIGN: center">
              </div>
              <div style="WIDTH: 100%; TEXT-ALIGN: center">
                <hr style="COLOR: black" noshade size="2">
              </div>
            </div>
            <div id="HDR">
              <div id="GLHDR" style="WIDTH: 100%" align="right">
              </div>
            </div>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 18pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
                      power conversion, ST gained several important design wins in
                      various
                      markets, including: a power-supply solution for a major games
                      console;
                      power management controllers from a major Chinese OEM for mobile
                      PCs; and
                      switching regulators for an LCD TV from a Japanese customer
                      and for a
                      telecom application from an OEM in India. ST also launched
                      the L672xA
                      flexible and high-performance power controllers for use in
                      servers and PC
                      motherboards, and introduced the VNI4140K quad-high-side intelligent
                      power
                      switch, manufactured using ST&#8217;s proprietary VIPower&#8482; technology.
                      </font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 18pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
                      power MOSFETs, ST gained multiple design wins primarily in
                      automotive and
                      switch-mode power-supply applications from numerous manufacturers
                      worldwide. ST also launched the STV300NH02L MOSFET, featuring
                      exceptionally low micro-Ohm ON-resistance to reduce losses
                      and increase
                      efficiency in demanding power-supply systems. And in bipolar,
                      IGBT and RF
                      products, ST gained multiple design wins from OEMs worldwide
                      in various
                      applications, including industrial, communications, consumer
                      and home
                      appliances.</font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 18pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
                      protection devices, meeting the demand for extreme miniaturization
                      in
                      mobile, consumer and HDD applications, ST introduced several
                      new ESD
                      (electro-static discharge) protection products in very thin
                      packages,
                      including a range of ESD single-line devices that are only
                      0.4mm in
                      height, and two-line USB/DVI/HDMI port-protection devices in
                      micro-QFN
                      packages. And in IPADs&#8482; (Integrated Passive and Active Devices), ST
                      introduced new highly-integrated wide-bandwidth EMI filters
                      for SIM card
                      protection and single- and dual-line EMI filters in
                      micro-packages.</font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 18pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
                      analog products, ST launched the STVM100 programmable Vcom
                      calibrator
                      chip, which simplifies the process of removing flicker from
                      LCD panels
                      during manufacture</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
                      and </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">the
                      STDVE003A, the first HDMI switch in the world to support a
                      video
                      data-transfer rate of up to 3.4-Gigabits per second, enabling
                      65k colors
                      to be maintained for a true high-definition picture in LCD
                      and Plasma TVs.
                      </font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><u>Technology
            Highlights</u></strong></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 18pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">ST
                      announced that it has successfully manufactured the first functional
                      devices to be built using its 45nm CMOS radio-frequency technology,
                      which
                      will be essential for next-generation wireless
                      applications.</font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">All
            of
            STMicroelectronics&#8217; press releases (including all releases in Q4) are available
            at </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>www.st.com/stonline/press/news/latest.htm</u></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>Nomadik,
            SPEAr and IPAD are trademarks of STMicroelectronics. All other trademarks
            or
            registered trademarks are the property of their respective
            owners.</em></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
          <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
            <div id="FTR">
              <div id="GLFTR" style="WIDTH: 100%" align="left">
              </div>
            </div>
            <div id="PN" style="PAGE-BREAK-AFTER: always">
              <div style="WIDTH: 100%; TEXT-ALIGN: center">
              </div>
              <div style="WIDTH: 100%; TEXT-ALIGN: center">
                <hr style="COLOR: black" noshade size="2">
              </div>
            </div>
            <div id="HDR">
              <div id="GLHDR" style="WIDTH: 100%" align="right">
              </div>
            </div>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>Some
            of the statements contained in this release that are not historical facts
            are
            statements of future expectations and other forward-looking statements
            (within
            the meaning of Section 27A of the </em></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>Securities
            Act of 1933 or Section 21E of the Securities Exchange Act of 1934, each
            as
            amended) based on management&#8217;s current views and assumptions and involve known
            and unknown risks and uncertainties that could cause actual results,
            performance
            or events to differ materially from those in such statements due to,
            among other
            factors:</em></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 54pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>future
                      developments of the world semiconductor market, in particular
                      the future
                      demand for semiconductor products in the key application markets
                      and from
                      key customers served by our
                      products;</em></font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 54pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>pricing
                      pressures, losses or curtailments of purchases from key
                      customers</em></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>
                      all of which are highly variable and difficult to predict</em></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>;</em></font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 54pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>the
                      financial impact of obsolete or excess inventories if actual
                      demand
                      differs from our
                      anticipations;</em></font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 54pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>the
                      impact of intellectual property claims by our competitors or
                      other third
                      parties, and our ability to obtain required licenses on reasonable
                      terms
                      and conditions;</em></font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 54pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>changes
                      in the exchange rates between the US dollar and the Euro, compared
                      to an
                      assumed effective exchange rate of US $1.46 = &#8364;1.00 and between the U.S.
                      dollar and the currencies of the other major countries in which
                      we have
                      our operating infrastructure;</em></font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 54pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>our
                      ability to manage </em></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>in
                      an intensely competitive and cyclical industry, where a high
                      percentage of
                      </em></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>our
                      </em></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>costs
                      are fixed and difficult to reduce in the short term</em></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>,
                      including our ability to adequately utilize and operate our
                      manufacturing
                      facilities at sufficient levels to cover fixed operating</em></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>
                      costs;</em></font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 54pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>our
                      ability to close our agreement with Intel and Francisco Partners
                      concerning the creation of Numonyx, currently targeted for
                      the first
                      quarter of 2008, if the financial, business or other conditions
                      to closing
                      as contractually provided are not
                      met;</em></font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 54pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>the
                      charge of $1.11 billion posted so far in relation to our Flash
                      memory
                      business may materially change if closing does not occur as
                      currently
                      planned, or due to adverse developments in the credit markets
                      ;</em></font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 54pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>our
                      ability in an intensively competitive environmen</em></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>t
                      to secure customer acceptance and to achieve our pricing expectations
                      for
                      high-volume supplies of new products in whose development we
                      have been, or
                      are currently, investing; </em></font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 54pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>the
                      attainment of anticipated benefits of research and development
                      alliances
                      and cooperative activities, as well as the uncertainties concerning
                      the
                      modalities, conditions and financial impact </em></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>beyond
                      2007 </em></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>of
                      future R&amp;D activities in
                      Crolles2;</em></font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 54pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>the
                      ability of our suppliers to meet our demands for supplies and
                      materials
                      and to offer competitive
                      pricing;</em></font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 54pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>significant
                      differences in the gross margins we achieve compared to expectations,
                      based on changes in revenue levels, product mix and pricing,
                      capacity
                      utilization, variations in inventory valuation, excess or obsolete
                      inventory, manufacturing yields, <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>changes
                      in unit costs, impairments of long-lived assets (including
                      manufacturing,
                      assembly/test and intangible assets), and the timing and execution
                      of our
                      manufacturing investment plans and associated costs, including
                      start-up
                      costs;</em></font></em></font></div>
                  </td>
                </tr>

            </table><br>
            <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
              <div id="FTR">
                <div id="GLFTR" style="WIDTH: 100%" align="left">
                </div>
              </div>
              <div id="PN" style="PAGE-BREAK-AFTER: always">
                <div style="WIDTH: 100%; TEXT-ALIGN: center">
                </div>
                <div style="WIDTH: 100%; TEXT-ALIGN: center">
                  <hr style="COLOR: black" noshade size="2">
                </div>
              </div>
              <div id="HDR">
                <div id="GLHDR" style="WIDTH: 100%" align="right">
                </div>
              </div>
            </div>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 54pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>changes
                      in the economic, social or political environment, </em></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>including
                      military conflict and/or terrorist activities, </em></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>as
                      well as natural events such as severe weather, health risks,
                      epidemics or
                      earthquakes in the countries in which</em></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>
                      we, our key customers </em></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>and
                      our suppliers, </em></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>operate;</em></font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 54pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>changes
                      in our overall tax position as a result of changes in tax laws
                      or the
                      outcome of tax audits, and our ability to accurately estimate
                      tax credits,
                      benefits, deductions and provisions and to realize deferred
                      tax
                      assets;</em></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>&#160;</em></font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 54pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>the
                      outcome of litigation;</em></font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div>
            <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%">

                <tr valign="top" style="line-height: 1.25;">
                  <td style="width: 54pt;">&#160;</td>
                  <td style="width: 18pt;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Symbol, serif">&#183;</font></div>
                  </td>
                  <td>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>the
                      results of actions by our competitors</em></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>,
                      including new product offerings and our ability to react
                      thereto.</em></font></div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>Such
            forward-looking statements are subject to various risks and uncertainties,
            which
            may cause actual results and performance of our business to differ materially
            and adversely from the forward-looking statements. Certain such forward-looking
            statements can be identified by the use of forward-looking terminology
            such as
&#8220;believes&#8221;, &#8220;may&#8221;, &#8220;will&#8221;, &#8220;should&#8221;, &#8220;would be&#8221; or &#8220;anticipates&#8221; or similar
            expressions or the negative thereof or other variations thereof, or by
            discussions of strategy, plans or intentions. Some of the risk factors
            we face
            are set forth and are discussed in more detail in &#8220;Item 3. Key Information&#8212;Risk
            Factors&#8221; included in our Annual Report on Form 20-F for the year ended December
            31, 2006, as filed with the SEC on March 14, 2007. Should one or more
            of these
            risks or uncertainties materialize, or should underlying assumptions
            prove
            incorrect, actual results may vary materially from those described in
            this
            release as anticipated, believed or expected. We do not intend, and do
            not
            assume any obligation, to update any information or forward-looking statements
            set forth in this release to reflect subsequent events or
            circumstances.</em></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>Unfavorable
            changes in the above or other factors listed under &#8220;Risk Factors&#8221; from time to
            time in our SEC filings, including our Form 20-F, could have a material
            adverse
            effect on our results of operations or financial condition. </em></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><u>Conference
            Call Information </u></strong></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
            management of STMicroelectronics will conduct a conference call on January
            23,
            2008, at 9:00 a.m. U.S. Eastern Time / 3:00 p.m. CET, to discuss operating
            performance for the fourth quarter and full year of 2007.</font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
            conference call will be available via the Internet by accessing </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; COLOR: blue; FONT-FAMILY: Times New Roman"><u>http://investors.st.com</u></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">.
            Those
            accessing the webcast should go to the Web site at least 15 minutes prior
            to the
            call, in order to register, download, and install any necessary audio
            software.
            The webcast will be available until February 1, 2008.</font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><u>About
            STMicroelectronics</u></strong></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">STMicroelectronics
            is a global leader in developing and delivering semiconductor solutions
            across
            the spectrum of microelectronics applications. An unrivalled combination
            of
            silicon and system expertise, manufacturing strength, Intellectual Property
            (IP)
            portfolio and strategic partners positions the Company at the forefront
            of
            System-on-Chip (SoC) technology and its products play a key role in enabling
            today's convergence markets. The Company&#8217;s shares are traded on the New York
            Stock Exchange, on Euronext Paris and on the Milan Stock Exchange. Further
            information on ST can be found at </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; COLOR: blue; FONT-FAMILY: Times New Roman"><u>www.st.com</u></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">.</font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>(tables
            attached)</em></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><u>For
            further information, please contact:</u></strong></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>INVESTOR
            RELATIONS:</em></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Stanley
            March</font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Group
            Vice President, Investor Relations</font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Tel:
            +1.212.821.89.39</font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Fax:
            +1.212.821.89.23</font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; COLOR: blue; FONT-FAMILY: Times New Roman"><u>stan.march@st.com</u></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>MEDIA
            RELATIONS:</em></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Maria
            Grazia Prestini</font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Senior
            Director, Corporate Media and Public Relations</font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">STMicroelectronics</font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Tel:
            + 41
            22 929 6945</font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; COLOR: blue; FONT-FAMILY: Times New Roman"><u>mariagrazia.prestini@st.com</u></font></div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
          <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
            <div id="FTR">
              <div id="GLFTR" style="WIDTH: 100%" align="left">
              </div>
            </div>
            <div id="PN" style="PAGE-BREAK-AFTER: always">
              <div style="WIDTH: 100%; TEXT-ALIGN: center">
              </div>
              <div style="WIDTH: 100%; TEXT-ALIGN: center">
                <hr style="COLOR: black" noshade size="2">
              </div>
            </div>
            <div id="HDR">
              <div id="GLHDR" style="WIDTH: 100%" align="right">
              </div>
            </div>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">
            <div align="left">
              <table border="0" cellpadding="0" cellspacing="0" id="ftable" width="100%">

                  <tr>
                    <td align="left" colspan="7" valign="bottom" width="89%" style="border-bottom: medium none;">
                      <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">STMicroelectronics
                        N.V.</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr>
                    <td align="left" colspan="7" valign="bottom" width="89%" style="border-bottom: medium none;">
                      <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Consolidated
                        Statements of Income</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr>
                    <td align="left" colspan="7" valign="bottom" width="89%" style="border-bottom: medium none;">
                      <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(in
                        million of U.S. dollars, except per share data ($))</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr>
                    <td align="left" valign="bottom" width="61%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                    <td width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                    <td align="right" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                    <td align="right" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr>
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #ffffff solid;"><font size="2">&#160;</font></td>
                    <td width="2%" style="border-bottom: #ffffff thin solid;"><font size="2">&#160;</font></td>
                    <td colspan="5" valign="bottom" width="26%" style="border-bottom: black thin solid;">
                      <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Three
                        Months Ended</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #ffffff thin solid;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr>
                    <td valign="bottom" width="61%" style="border-bottom: #ffffff solid;"><font size="2">&#160;</font></td>
                    <td width="2%" style="border-bottom: #ffffff thin solid;"><font size="2">&#160;</font></td>
                    <td colspan="2" valign="bottom" width="12%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Unaudited)</font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: #ffffff thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" colspan="2" valign="bottom" width="12%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Unaudited)</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #ffffff thin solid;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr>
                    <td align="left" valign="bottom" width="61%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                    <td width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                    <td align="right" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;">
                      <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">December
                        31,</font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                    <td align="right" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;">
                      <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">December
                        31,</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr>
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #ffffff solid;"><font size="2">&#160;</font></td>
                    <td width="2%" style="border-bottom: #ffffff thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" colspan="2" valign="bottom" width="12%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2007</font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: #ffffff thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" colspan="2" valign="bottom" width="12%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2006</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #ffffff thin solid;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr>
                    <td align="left" valign="bottom" width="61%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                    <td width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                    <td align="left" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                    <td align="left" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #cceeff;">
                      <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Net
                        sales</font></div>
                    </td>
                    <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">2,733</font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">2,482</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="white">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: white solid;">
                      <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Other
                        revenues</font></div>
                    </td>
                    <td width="2%" style="border-bottom: white thin solid;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">9</font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: white thin solid;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">1</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white thin solid;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>NET
                        REVENUES</strong></font></div>
                    </td>
                    <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>2,742</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>2,483</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="white">
                    <td align="left" valign="bottom" width="61%"><font size="2">&#160;</font></td>
                    <td width="2%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="2%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #cceeff solid;">
                      <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Cost
                        of sales</font></div>
                    </td>
                    <td width="2%" style="border-bottom: #cceeff thin solid;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-1,731</font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff thin solid;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-1,582</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff thin solid;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="white">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: white;">
                      <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>GROSS
                        PROFIT</strong></font></div>
                    </td>
                    <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>1,011</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>901</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%"><font size="2">&#160;</font></td>
                    <td width="2%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="2%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="white">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: white;">
                      <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Selling,
                        general and administrative</font></div>
                    </td>
                    <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-295</font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-281</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #cceeff;">
                      <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Research
                        and development</font></div>
                    </td>
                    <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-480</font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-430</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="white">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: white;">
                      <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Other
                        income and expenses, net</font></div>
                    </td>
                    <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">28</font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-7</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #cceeff solid;">
                      <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Impairment,
                        restructuring charges and other related closure costs</font></div>
                    </td>
                    <td width="2%" style="border-bottom: #cceeff thin solid;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-279</font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff thin solid;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-10</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff thin solid;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="white">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: white solid;">
                      <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Total
                        Operating Expenses</font></div>
                    </td>
                    <td width="2%" style="border-bottom: white thin solid;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-1,026</font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: white thin solid;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-728</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white thin solid;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%"><font size="2">&#160;</font></td>
                    <td width="2%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="2%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="white">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: white;">
                      <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>OPERATING
                        INCOME (LOSS)</strong></font></div>
                    </td>
                    <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>-15</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>173</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #cceeff;">
                      <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Oher-than-temporary
                        impairment charge on marketable securities</font></div>
                    </td>
                    <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-46</font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">0</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="white">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: white;">
                      <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Interest
                        income, net</font></div>
                    </td>
                    <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">25</font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">25</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #cceeff solid;">
                      <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Earnings
                        (loss) on equity investments</font></div>
                    </td>
                    <td width="2%" style="border-bottom: #cceeff thin solid;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">2</font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff thin solid;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-1</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff thin solid;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="white">
                    <td align="left" valign="bottom" width="61%"><font size="2">&#160;</font></td>
                    <td width="2%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="2%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>INCOME
                        BEFORE INCOME TAXES </strong></font></div>
                    </td>
                    <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>-34</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>197</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>AND
                        MINORITY INTERESTS</strong></font></div>
                    </td>
                    <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="white">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: white solid;">
                      <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Income
                        tax benefit</font></div>
                    </td>
                    <td width="2%" style="border-bottom: white thin solid;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">55</font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: white thin solid;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">80</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white thin solid;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%"><font size="2">&#160;</font></td>
                    <td width="2%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="2%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="white">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: white;">
                      <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>INCOME
                        BEFORE MINORITY INTERESTS</strong></font></div>
                    </td>
                    <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>21</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>277</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #cceeff solid;">
                      <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Minority
                        interests</font></div>
                    </td>
                    <td width="2%" style="border-bottom: #cceeff thin solid;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-1</font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff thin solid;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-1</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff thin solid;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="white">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: white solid;">
                      <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>NET
                        INCOME </strong></font></div>
                    </td>
                    <td width="2%" style="border-bottom: white thin solid;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: black double;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: black double;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>20</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: white solid;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: black double;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: black double;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>276</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white solid;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="white">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: white;">
                      <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>EARNINGS
                        PER SHARE (BASIC)</strong></font></div>
                    </td>
                    <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>0.02</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>0.31</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>EARNINGS
                        PER SHARE (DILUTED)</strong></font></div>
                    </td>
                    <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>0.02</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>0.30</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="white">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>NUMBER
                        OF WEIGHTED AVERAGE</strong></font></div>
                    </td>
                    <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>SHARES
                        USED IN CALCULATING</strong></font></div>
                    </td>
                    <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>904.2</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>940.7</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>DILUTED
                        EARNINGS PER SHARE</strong></font></div>
                    </td>
                    <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
          <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
            <div id="FTR">
              <div id="GLFTR" style="WIDTH: 100%" align="left">
              </div>
            </div>
            <div id="PN" style="PAGE-BREAK-AFTER: always">
              <div style="WIDTH: 100%; TEXT-ALIGN: center">
              </div>
              <div style="WIDTH: 100%; TEXT-ALIGN: center">
                <hr style="COLOR: black" noshade size="2">
              </div>
            </div>
            <div id="HDR">
              <div id="GLHDR" style="WIDTH: 100%" align="right">
              </div>
            </div>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">
            <div align="left">
              <table border="0" cellpadding="0" cellspacing="0" id="ftable" width="100%">

                  <tr>
                    <td align="left" colspan="7" valign="bottom" width="89%" style="border-bottom: medium none;">
                      <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">STMicroelectronics
                        N.V.</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr>
                    <td align="left" colspan="7" valign="bottom" width="89%" style="border-bottom: medium none;">
                      <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Consolidated
                        Statements of Income</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr>
                    <td align="left" colspan="7" valign="bottom" width="89%" style="border-bottom: medium none;">
                      <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(in
                        million of U.S. dollars, except per share data ($))</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr>
                    <td align="left" valign="bottom" width="61%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                    <td width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                    <td align="right" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                    <td align="right" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr>
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #ffffff solid;"><font size="2">&#160;</font></td>
                    <td width="2%" style="border-bottom: #ffffff thin solid;"><font size="2">&#160;</font></td>
                    <td colspan="5" valign="bottom" width="26%" style="border-bottom: black thin solid;">
                      <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Twelve
                        Months Ended</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #ffffff thin solid;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr>
                    <td valign="bottom" width="61%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                    <td width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                    <td colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;">
                      <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Unaudited)</font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                    <td align="right" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;">
                      <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Audited)</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr>
                    <td align="left" valign="bottom" width="61%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                    <td width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                    <td align="right" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;">
                      <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">December
                        31,</font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                    <td align="right" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;">
                      <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">December
                        31,</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr>
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #ffffff solid;"><font size="2">&#160;</font></td>
                    <td width="2%" style="border-bottom: #ffffff thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" colspan="2" valign="bottom" width="12%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2007</font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: #ffffff thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" colspan="2" valign="bottom" width="12%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2006</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #ffffff thin solid;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr>
                    <td align="left" valign="bottom" width="61%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                    <td width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                    <td align="left" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                    <td align="left" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #cceeff;">
                      <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Net
                        sales</font></div>
                    </td>
                    <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">9,966</font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">9,838</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="white">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: white solid;">
                      <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Other
                        revenues</font></div>
                    </td>
                    <td width="2%" style="border-bottom: white thin solid;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">35</font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: white thin solid;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">16</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white thin solid;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>NET
                        REVENUES</strong></font></div>
                    </td>
                    <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>10,001</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>9,854</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="white">
                    <td align="left" valign="bottom" width="61%"><font size="2">&#160;</font></td>
                    <td width="2%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="2%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #cceeff solid;">
                      <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Cost
                        of sales</font></div>
                    </td>
                    <td width="2%" style="border-bottom: #cceeff thin solid;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-6,465</font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff thin solid;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-6,331</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff thin solid;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="white">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: white;">
                      <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>GROSS
                        PROFIT</strong></font></div>
                    </td>
                    <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>3,536</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>3,523</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%"><font size="2">&#160;</font></td>
                    <td width="2%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="2%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="white">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: white;">
                      <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Selling,
                        general and administrative</font></div>
                    </td>
                    <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-1,099</font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-1,067</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #cceeff;">
                      <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Research
                        and development</font></div>
                    </td>
                    <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-1,802</font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-1,667</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="white">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: white;">
                      <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Other
                        income and expenses, net</font></div>
                    </td>
                    <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">48</font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-35</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #cceeff solid;">
                      <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Impairment,
                        restructuring charges and other related closure costs</font></div>
                    </td>
                    <td width="2%" style="border-bottom: #cceeff thin solid;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-1,228</font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff thin solid;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-77</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff thin solid;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="white">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: white solid;">
                      <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Total
                        Operating Expenses</font></div>
                    </td>
                    <td width="2%" style="border-bottom: white thin solid;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-4,081</font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: white thin solid;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-2,846</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white thin solid;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%"><font size="2">&#160;</font></td>
                    <td width="2%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="2%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="white">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: white solid;">
                      <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>OPERATING
                        INCOME (LOSS)</strong></font></div>
                    </td>
                    <td width="2%" style="border-bottom: white thin solid;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>-545</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: white thin solid;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>677</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white thin solid;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #cceeff;">
                      <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Oher-than-temporary
                        impairment charge on marketable securities</font></div>
                    </td>
                    <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-46</font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">0</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="white">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: white;">
                      <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Interest
                        income, net</font></div>
                    </td>
                    <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">83</font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">93</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #cceeff solid;">
                      <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Earnings
                        (loss) on equity investments</font></div>
                    </td>
                    <td width="2%" style="border-bottom: #cceeff thin solid;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">14</font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff thin solid;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-6</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff thin solid;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="white">
                    <td align="left" valign="bottom" width="61%"><font size="2">&#160;</font></td>
                    <td width="2%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="2%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>INCOME
                        (LOSS) BEFORE INCOME TAXES </strong></font></div>
                    </td>
                    <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px">&#160;</div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px">&#160;</div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>AND
                        MINORITY INTERESTS</strong></font></div>
                    </td>
                    <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>-494</strong></font></td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>764</strong></font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="white">
                    <td align="left" valign="bottom" width="61%"><font size="2">&#160;</font></td>
                    <td width="2%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="2%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #cceeff solid;">
                      <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Income
                        tax benefit</font></div>
                    </td>
                    <td width="2%" style="border-bottom: #cceeff thin solid;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">23</font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff thin solid;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">20</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff thin solid;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="white">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: white;">
                      <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>INCOME
                        (LOSS) BEFORE MINORITY INTERESTS</strong></font></div>
                    </td>
                    <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>-471</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>784</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #cceeff solid;">
                      <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Minority
                        interests</font></div>
                    </td>
                    <td width="2%" style="border-bottom: #cceeff thin solid;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-6</font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff thin solid;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-2</font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff thin solid;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="white">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: white solid;">
                      <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>NET
                        INCOME (LOSS)</strong></font></div>
                    </td>
                    <td width="2%" style="border-bottom: white thin solid;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: black double;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: black double;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>-477</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: white solid;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: black double;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: black double;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>782</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white solid;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="white">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: white;">
                      <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>EARNINGS
                        (LOSS) PER SHARE (BASIC)</strong></font></div>
                    </td>
                    <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>-0.53</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>0.87</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>EARNINGS
                        (LOSS) PER SHARE (DILUTED)</strong></font></div>
                    </td>
                    <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>-0.53</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>0.83</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="white">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>NUMBER
                        OF WEIGHTED AVERAGE</strong></font></div>
                    </td>
                    <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>SHARES
                        USED IN CALCULATING</strong></font></div>
                    </td>
                    <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>898.7</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>958.5</strong></font></div>
                    </td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                  </tr>
                  <tr bgcolor="#cceeff">
                    <td align="left" valign="bottom" width="61%" style="border-bottom: #cceeff;">
                      <div style="MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>DILUTED
                        EARNINGS (LOSS) PER SHARE</strong></font></div>
                    </td>
                    <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                    <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
        </div>
      </div>
    </div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">
      <div>
        <div align="left">
          <table border="0" cellpadding="0" cellspacing="0" id="ftable" width="100%">

              <tr>
                <td align="left" valign="bottom" width="47%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td align="right" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td align="right" colspan="2" valign="bottom" width="10%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td align="right" colspan="2" valign="bottom" width="10%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              </tr>
              <tr>
                <td align="left" valign="bottom" width="47%" style="border-bottom: medium none;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>STMicroelectronics
                  N.V.</strong></font></td>
                <td width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td align="right" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td align="right" colspan="2" valign="bottom" width="10%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td align="right" colspan="2" valign="bottom" width="10%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              </tr>
              <tr>
                <td align="left" valign="bottom" width="47%" style="border-bottom: medium none;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>CONSOLIDATED
                  STATEMENTS OF CASH FLOWS</strong></font></td>
                <td width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td align="right" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td align="right" colspan="2" valign="bottom" width="10%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td align="right" colspan="2" valign="bottom" width="10%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              </tr>
              <tr>
                <td align="left" valign="bottom" width="47%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td align="right" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td align="right" colspan="2" valign="bottom" width="10%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td align="right" colspan="2" valign="bottom" width="10%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              </tr>
              <tr>
                <td align="left" valign="bottom" width="47%" style="border-bottom: #ffffff solid;"><font size="2">&#160;</font></td>
                <td width="2%" style="border-bottom: #ffffff solid;"><font size="2">&#160;</font></td>
                <td align="left" colspan="2" valign="bottom" width="12%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Three
                    Months Ended</strong></font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #ffffff solid;"><font size="2">&#160;</font></td>
                <td align="right" colspan="5" valign="bottom" width="22%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Twelve
                    Months Ended</strong></font><font size="2">&#160;</font><font size="2">&#160;</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #ffffff solid;"><font size="2">&#160;</font></td>
              </tr>
              <tr>
                <td align="left" valign="bottom" width="47%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;">
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">December
                    31,</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td colspan="2" valign="bottom" width="10%" style="border-bottom: medium none;">
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">December
                    31,</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td colspan="2" valign="bottom" width="10%" style="border-bottom: medium none;">
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">December
                    31,</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              </tr>
              <tr>
                <td align="left" valign="bottom" width="47%" style="border-bottom: #ffffff solid;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>In
                  million of U.S. dollars</strong></font></td>
                <td width="2%" style="border-bottom: #ffffff solid;"><font size="2">&#160;</font></td>
                <td align="right" colspan="2" valign="bottom" width="12%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">2007</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #ffffff solid;"><font size="2">&#160;</font></td>
                <td colspan="2" valign="bottom" width="10%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2007</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #ffffff solid;"><font size="2">&#160;</font></td>
                <td colspan="2" valign="bottom" width="10%" style="border-bottom: black thin solid;">
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2006</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #ffffff solid;"><font size="2">&#160;</font></td>
              </tr>
              <tr>
                <td align="left" valign="bottom" width="47%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td align="right" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Unaudited)</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td align="right" colspan="2" valign="bottom" width="10%" style="border-bottom: medium none;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Unaudited)</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td align="right" colspan="2" valign="bottom" width="10%" style="border-bottom: medium none;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Audited)</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              </tr>
              <tr>
                <td align="left" valign="bottom" width="47%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td align="right" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td align="right" colspan="2" valign="bottom" width="10%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td align="right" colspan="2" valign="bottom" width="10%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="#cceeff">
                <td align="left" valign="bottom" width="47%" style="border-bottom: #cceeff;"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2"><strong>Cash
                  flows from operating activities:</strong></font></td>
                <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" colspan="2" valign="bottom" width="12%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" colspan="2" valign="bottom" width="10%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" colspan="2" valign="bottom" width="10%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="white">
                <td align="left" valign="bottom" width="47%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Net
                    income (loss)</font></div>
                </td>
                <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">20</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-477</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">782</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="#cceeff">
                <td align="left" valign="bottom" width="47%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Items
                    to reconcile net income (loss) and cash flows from operating
                    activities</font></div>
                </td>
                <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="white">
                <td align="left" valign="bottom" width="47%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Depreciation
                    and amortization</font></div>
                </td>
                <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">334</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">1,413</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">1,766</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="#cceeff">
                <td align="left" valign="bottom" width="47%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Amortization
                    of discount on convertible debt</font></div>
                </td>
                <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">5</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">18</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">18</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="white">
                <td align="left" valign="bottom" width="47%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Other
                    non-cash items</font></div>
                </td>
                <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">77</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">155</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">50</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="#cceeff">
                <td align="left" valign="bottom" width="47%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Minority
                    interests</font></div>
                </td>
                <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">1</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">6</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">2</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="white">
                <td align="left" valign="bottom" width="47%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Deferred
                    income tax</font></div>
                </td>
                <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">-135</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-148</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-74</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="#cceeff">
                <td align="left" valign="bottom" width="47%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">(Earnings)
                    loss on equity investments</font></div>
                </td>
                <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">-2</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-14</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">6</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="white">
                <td align="left" valign="bottom" width="47%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Impairment,
                    restructuring charges and other related closure costs,
                    net of cash payments</font></div>
                </td>
                <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">268</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">1,173</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">1</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="#cceeff">
                <td align="left" valign="bottom" width="47%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Changes
                    in assets and liabilities:</font></div>
                </td>
                <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="white">
                <td align="left" valign="bottom" width="47%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Trade
                    receivables, net</font></div>
                </td>
                <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">38</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">2</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-104</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="#cceeff">
                <td align="left" valign="bottom" width="47%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Inventories,
                    net</font></div>
                </td>
                <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">15</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">24</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-161</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="white">
                <td align="left" valign="bottom" width="47%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Trade
                    payables</font></div>
                </td>
                <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">64</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">19</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">36</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="#cceeff">
                <td align="left" valign="bottom" width="47%" style="border-bottom: #cceeff solid;">
                  <div style="MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Other
                    assets and liabilities, net</font></div>
                </td>
                <td width="2%" style="border-bottom: #cceeff solid;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">52</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff solid;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">17</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff solid;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">169</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff solid;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="white">
                <td align="left" valign="bottom" width="47%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2"><strong>Net
                    cash from operating activities</strong></font></div>
                </td>
                <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2"><strong>737</strong></font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>2,188</strong></font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>2,491</strong></font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="#cceeff">
                <td align="left" valign="bottom" width="47%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>
                </td>
                <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="white">
                <td align="left" valign="bottom" width="47%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2"><strong>Cash
                    flows from investing
                    activities:</strong></font></div>
                </td>
                <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="#cceeff">
                <td align="left" valign="bottom" width="47%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Payment
                    for purchases of tangible assets</font></div>
                </td>
                <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">-405</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-1,140</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-1,533</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="white">
                <td align="left" valign="bottom" width="47%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Payment
                    for purchases of marketable securities</font></div>
                </td>
                <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">0</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-708</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-864</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="#cceeff">
                <td align="left" valign="bottom" width="47%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Proceeds
                    from sale of marketable securities</font></div>
                </td>
                <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">1</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">101</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">100</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="white">
                <td align="left" valign="bottom" width="47%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Investment
                    in short-term deposits</font></div>
                </td>
                <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">0</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">0</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-903</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="#cceeff">
                <td align="left" valign="bottom" width="47%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Proceeds
                    from matured short-term deposits</font></div>
                </td>
                <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">0</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">250</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">653</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="white">
                <td align="left" valign="bottom" width="47%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Restricted
                    cash for equity investments</font></div>
                </td>
                <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">0</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-32</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-218</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="#cceeff">
                <td align="left" valign="bottom" width="47%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Investment
                    in intangible and financial assets</font></div>
                </td>
                <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">-144</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-208</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-86</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="white">
                <td align="left" valign="bottom" width="47%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Proceeds
                    from the sale of Accent subsidiary</font></div>
                </td>
                <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">0</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">0</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">7</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="#cceeff">
                <td align="left" valign="bottom" width="47%" style="border-bottom: #cceeff solid;">
                  <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Capital
                    contributions to equity investments</font></div>
                </td>
                <td width="2%" style="border-bottom: #cceeff solid;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">0</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff solid;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">0</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff solid;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-213</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff solid;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="white">
                <td align="left" valign="bottom" width="47%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2"><strong>Net
                    cash used in investing
                    activities</strong></font></div>
                </td>
                <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2"><strong>-548</strong></font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>-1,737</strong></font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>-3,057</strong></font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="#cceeff">
                <td align="left" valign="bottom" width="47%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>
                </td>
                <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="white">
                <td align="left" valign="bottom" width="47%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2"><strong>Cash
                    flows from financing
                    activities:</strong></font></div>
                </td>
                <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="#cceeff">
                <td align="left" valign="bottom" width="47%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Proceeds
                    from issuance of long-term debt</font></div>
                </td>
                <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">20</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">102</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">1,744</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="white">
                <td align="left" valign="bottom" width="47%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Repayment
                    of long-term debt</font></div>
                </td>
                <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">-13</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-125</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-1,522</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="#cceeff">
                <td align="left" valign="bottom" width="47%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Decrease
                    in short-term facilities</font></div>
                </td>
                <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">0</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">0</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-12</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="white">
                <td align="left" valign="bottom" width="47%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Capital
                    increase</font></div>
                </td>
                <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">0</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">2</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">28</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="#cceeff">
                <td align="left" valign="bottom" width="47%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Dividends
                    paid</font></div>
                </td>
                <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">0</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-269</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-107</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="white">
                <td align="left" valign="bottom" width="47%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Dividends
                    paid to minority interests</font></div>
                </td>
                <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">0</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">-6</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">0</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="#cceeff">
                <td align="left" valign="bottom" width="47%" style="border-bottom: #cceeff solid;">
                  <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Other
                    financing activities</font></div>
                </td>
                <td width="2%" style="border-bottom: #cceeff solid;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">0</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff solid;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">0</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff solid;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">1</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff solid;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="white">
                <td align="left" valign="bottom" width="47%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2"><strong>Net
                    cash from (used in) financing
                    activities</strong></font></div>
                </td>
                <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2"><strong>7</strong></font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>-296</strong></font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>132</strong></font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="#cceeff">
                <td align="left" valign="bottom" width="47%" style="border-bottom: #cceeff solid;">
                  <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Effect
                    of changes in exchange rates</font></div>
                </td>
                <td width="2%" style="border-bottom: #cceeff solid;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">9</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff solid;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">41</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff solid;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">66</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff solid;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="white">
                <td align="left" valign="bottom" width="47%" style="border-bottom: white solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2"><strong>Net
                    cash increase (decrease)</strong></font></div>
                </td>
                <td width="2%" style="border-bottom: white solid;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: black double;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: black double;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2"><strong>205</strong></font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white solid;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: black double;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: black double;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>196</strong></font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white solid;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: black double;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: black double;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman"><strong>-368</strong></font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white solid;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="#cceeff">
                <td align="left" valign="bottom" width="47%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>
                </td>
                <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="white">
                <td align="left" valign="bottom" width="47%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Cash
                    and cash equivalents at beginning of the
                    period</font></div>
                </td>
                <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">1,650</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">1,659</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">2,027</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="#cceeff">
                <td align="left" valign="bottom" width="47%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Cash
                    and cash equivalents at end of the period</font></div>
                </td>
                <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">1,855</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">1,855</font></div>
                </td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: #cceeff;">
                  <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">1,659</font></div>
                </td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              </tr>
              <tr bgcolor="white">
                <td align="left" valign="bottom" width="47%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="11%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="right" valign="bottom" width="9%" style="border-bottom: white;"><font size="2">&#160;</font></td>
                <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              </tr>

          </table>
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">
      <div>
        <table cellpadding="0" cellspacing="0" id="ftable" width="100%">

            <tr>
              <td align="left" valign="bottom" width="57%" style="border-bottom: medium none;">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>STMicroelectronics
                  N.V.</strong></font></div>
              </td>
              <td width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" colspan="2" valign="bottom" width="11%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
            </tr>
            <tr>
              <td align="left" valign="bottom" width="57%" style="border-bottom: medium none;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2"><strong>CONSOLIDATED
                  BALANCE SHEETS</strong></font></div>
              </td>
              <td width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="right" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="right" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="right" colspan="2" valign="bottom" width="11%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
            </tr>
            <tr>
              <td align="left" valign="bottom" width="57%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="right" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="right" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="right" colspan="2" valign="bottom" width="11%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
            </tr>
            <tr>
              <td align="left" valign="bottom" width="57%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" colspan="2" valign="bottom" width="11%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
            </tr>
            <tr>
              <td align="left" valign="bottom" width="57%" style="border-bottom: medium none;">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>As
                  at</strong></font></div>
              </td>
              <td width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">December
                  31,</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">September
                  29,</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" colspan="2" valign="bottom" width="11%" style="border-bottom: medium none;">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">December
                  31, </font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
            </tr>
            <tr>
              <td align="left" valign="bottom" width="57%" style="border-bottom: #ffffff solid;">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>In
                  million of U.S. dollars</strong></font></div>
              </td>
              <td width="2%" style="border-bottom: #ffffff solid;"><font size="2">&#160;</font></td>
              <td colspan="2" valign="bottom" width="12%" style="border-bottom: black thin solid;">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">2007</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #ffffff solid;"><font size="2">&#160;</font></td>
              <td align="right" colspan="2" valign="bottom" width="12%" style="border-bottom: black thin solid;">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2007</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #ffffff solid;"><font size="2">&#160;</font></td>
              <td align="right" colspan="2" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2006</font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #ffffff solid;"><font size="2">&#160;</font></td>
            </tr>
            <tr>
              <td align="left" valign="bottom" width="57%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="right" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Unaudited)</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="right" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Unaudited)</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="right" colspan="2" valign="bottom" width="11%" style="border-bottom: medium none;">
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Audited)</font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
            </tr>
            <tr>
              <td align="left" valign="bottom" width="57%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" colspan="2" valign="bottom" width="11%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
            </tr>
            <tr>
              <td align="left" valign="bottom" width="57%" style="border-bottom: medium none;">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><u>ASSETS</u></strong></font></div>
              </td>
              <td width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" colspan="2" valign="bottom" width="11%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
            </tr>
            <tr>
              <td align="left" valign="bottom" width="57%" style="border-bottom: medium none;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2"><strong>Current
                  assets:</strong></font></div>
              </td>
              <td width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" colspan="2" valign="bottom" width="12%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" colspan="2" valign="bottom" width="11%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: medium none;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="bottom" width="57%" style="border-bottom: #cceeff;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Cash
                  and cash
                  equivalents</font></div>
              </td>
              <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">1,855</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">1,650</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">1,659</font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="white">
              <td align="left" valign="bottom" width="57%" style="border-bottom: white;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Marketable
                  securities</font></div>
              </td>
              <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">1,014</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">1,389</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">764</font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="bottom" width="57%" style="border-bottom: #cceeff;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Short-term
                  deposits</font></div>
              </td>
              <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">0</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">0</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">250</font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="white">
              <td align="left" valign="bottom" width="57%" style="border-bottom: white;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Trade
                  accounts receivable, net</font></div>
              </td>
              <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">1,605</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">1,637</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">1,589</font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="bottom" width="57%" style="border-bottom: #cceeff;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Inventories,
                  net</font></div>
              </td>
              <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">1,354</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">1,370</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">1,639</font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="white">
              <td align="left" valign="bottom" width="57%" style="border-bottom: white;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Deferred
                  tax
                  assets</font></div>
              </td>
              <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">205</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">237</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">187</font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="bottom" width="57%" style="border-bottom: #cceeff;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Assets
                  held
                  for sale</font></div>
              </td>
              <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">1,017</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">1,211</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">0</font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="white">
              <td align="left" valign="bottom" width="57%" style="border-bottom: white solid;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Other
                  receivables and assets</font></div>
              </td>
              <td width="2%" style="border-bottom: white solid;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">612</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white solid;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">669</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white solid;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">498</font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white solid;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="bottom" width="57%" style="border-bottom: #cceeff;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2"><strong>Total
                  current assets</strong></font></div>
              </td>
              <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2"><strong>7,662</strong></font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2"><strong>8,163</strong></font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2"><strong>6,586</strong></font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="white">
              <td align="left" valign="bottom" width="57%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="bottom" width="57%" style="border-bottom: #cceeff;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Goodwill</font></div>
              </td>
              <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">290</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">230</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">223</font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="white">
              <td align="left" valign="bottom" width="57%" style="border-bottom: white;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Other
                  intangible assets, net</font></div>
              </td>
              <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">238</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">165</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">211</font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="bottom" width="57%" style="border-bottom: #cceeff;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Property,
                  plant and equipment, net</font></div>
              </td>
              <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">5,044</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">4,904</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">6,426</font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="white">
              <td align="left" valign="bottom" width="57%" style="border-bottom: white;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Long-term
                  deferred tax assets</font></div>
              </td>
              <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">237</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">124</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">124</font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="bottom" width="57%" style="border-bottom: #cceeff;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Equity
                  investments</font></div>
              </td>
              <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">0</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">0</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">261</font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="white">
              <td align="left" valign="bottom" width="57%" style="border-bottom: white;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Restricted
                  cash for equity investments</font></div>
              </td>
              <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">250</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">250</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">218</font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="bottom" width="57%" style="border-bottom: #cceeff;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Non-current
                  marketable securities</font></div>
              </td>
              <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">369</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">0</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">0</font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="white">
              <td align="left" valign="bottom" width="57%" style="border-bottom: white solid;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Other
                  investments and other non-current assets</font></div>
              </td>
              <td width="2%" style="border-bottom: white solid;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">182</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white solid;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">162</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white solid;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">149</font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white solid;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="bottom" width="57%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2"><strong>6,610</strong></font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2"><strong>5,835</strong></font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2"><strong>7,612</strong></font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="white">
              <td align="left" valign="bottom" width="57%" style="border-bottom: white solid;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2"><strong>Total
                  assets</strong></font></div>
              </td>
              <td width="2%" style="border-bottom: white solid;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: black double;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: black double;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2"><strong>14,272</strong></font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white solid;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: black double;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: black double;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2"><strong>13,998</strong></font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white solid;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: black double;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: black double;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2"><strong>14,198</strong></font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white solid;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="bottom" width="57%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="white">
              <td align="left" valign="bottom" width="57%" style="border-bottom: white;">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><u>LIABILITIES
                  AND SHAREHOLDERS' EQUITY</u></strong></font></div>
              </td>
              <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="bottom" width="57%" style="border-bottom: #cceeff;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2"><strong>Current
                  liabilities:</strong></font></div>
              </td>
              <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="white">
              <td align="left" valign="bottom" width="57%" style="border-bottom: white;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Bank
                  overdrafts</font></div>
              </td>
              <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">0</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">0</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">0</font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="bottom" width="57%" style="border-bottom: #cceeff;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Current
                  portion of long-term debt</font></div>
              </td>
              <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">103</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">74</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">136</font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="white">
              <td align="left" valign="bottom" width="57%" style="border-bottom: white;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Trade
                  accounts payable</font></div>
              </td>
              <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">1,065</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">1,015</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">1,044</font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="bottom" width="57%" style="border-bottom: #cceeff;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Other
                  payables and accrued liabilities</font></div>
              </td>
              <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">744</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">753</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">664</font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="white">
              <td align="left" valign="bottom" width="57%" style="border-bottom: white;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Deferred
                  tax
                  liabilities</font></div>
              </td>
              <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">11</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">11</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">7</font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="bottom" width="57%" style="border-bottom: #cceeff solid;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Accrued
                  income tax</font></div>
              </td>
              <td width="2%" style="border-bottom: #cceeff solid;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">154</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff solid;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">72</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff solid;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">112</font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff solid;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="white">
              <td align="left" valign="bottom" width="57%" style="border-bottom: white;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2"><strong>Total
                  current liabilities</strong></font></div>
              </td>
              <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2"><strong>2,077</strong></font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2"><strong>1,925</strong></font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2"><strong>1,963</strong></font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="bottom" width="57%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="white">
              <td align="left" valign="bottom" width="57%" style="border-bottom: white;">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Long-term
                  debt</font></div>
              </td>
              <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">2,117</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">2,099</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">1,994</font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="bottom" width="57%" style="border-bottom: #cceeff;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Reserve
                  for
                  pension and termination indemnities</font></div>
              </td>
              <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">323</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">362</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">342</font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="white">
              <td align="left" valign="bottom" width="57%" style="border-bottom: white;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Long-term
                  deferred tax liabilities</font></div>
              </td>
              <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">14</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">77</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">57</font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="bottom" width="57%" style="border-bottom: #cceeff solid;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Other
                  non-current liabilities</font></div>
              </td>
              <td width="2%" style="border-bottom: #cceeff solid;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">115</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff solid;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">160</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff solid;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">43</font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff solid;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="white">
              <td align="left" valign="bottom" width="57%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2"><strong>2,569</strong></font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2"><strong>2,698</strong></font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2"><strong>2,436</strong></font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="bottom" width="57%" style="border-bottom: #cceeff;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2"><strong>Total
                  liabilities</strong></font></div>
              </td>
              <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2"><strong>4,646</strong></font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2"><strong>4,623</strong></font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2"><strong>4,399</strong></font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="white">
              <td align="left" valign="bottom" width="57%" style="border-bottom: white;">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Commitment
                  and contingencies</font></div>
              </td>
              <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="bottom" width="57%">&#160;</td>
              <td width="2%">&#160;</td>
              <td align="left" valign="bottom" width="1%">&#160;</td>
              <td align="right" valign="bottom" width="11%">&#160;</td>
              <td align="left" valign="bottom" width="2%">&#160;</td>
              <td align="left" valign="bottom" width="1%">&#160;</td>
              <td align="right" valign="bottom" width="11%">&#160;</td>
              <td align="left" valign="bottom" width="2%">&#160;</td>
              <td align="left" valign="bottom" width="1%">&#160;</td>
              <td align="right" valign="bottom" width="11%">&#160;</td>
              <td align="left" valign="bottom" width="1%">&#160;</td>
            </tr>
            <tr bgcolor="white">
              <td align="left" valign="bottom" width="57%" style="border-bottom: white;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2"><strong>Minority
                  interests</strong></font></div>
              </td>
              <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2"><strong>53</strong></font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2"><strong>51</strong></font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2"><strong>52</strong></font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="bottom" width="57%" style="border-bottom: #cceeff;">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Common
                  stock (preferred stock: 540,000,000 shares authorized, not
                  issued;</font></div>
              </td>
              <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">1,156</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">1,156</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; FONT-SIZE: 10pt; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman">1,156</font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="bottom" width="57%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">common
                  stock: Euro 1.04 nominal value, 1,200,000,000 shares authorized,
                  910,293,420 shares</font></div>
              </td>
              <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="bottom" width="57%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 9pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">issued,
                  899,760,539 shares outstanding)</font></div>
              </td>
              <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="white">
              <td align="left" valign="bottom" width="57%" style="border-bottom: white;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Capital
                  surplus</font></div>
              </td>
              <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">2,097</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">2,070</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">2,021</font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="bottom" width="57%" style="border-bottom: #cceeff;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Accumulated
                  result</font></div>
              </td>
              <td width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">5,274</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">5,274</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: #cceeff;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">6,086</font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="white">
              <td align="left" valign="bottom" width="57%" style="border-bottom: white;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Accumulated
                  other comprehensive income </font></div>
              </td>
              <td width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">1,320</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">1,109</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: white;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">816</font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="bottom" width="57%" style="border-bottom: #cceeff solid;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2">Treasury
                  stock</font></div>
              </td>
              <td width="2%" style="border-bottom: #cceeff solid;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">-274</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff solid;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">-285</font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff solid;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2">-332</font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff solid;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="white">
              <td align="left" valign="bottom" width="57%" style="border-bottom: white solid;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2"><strong>Shareholders'
                  equity</strong></font></div>
              </td>
              <td width="2%" style="border-bottom: white solid;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2"><strong>9,573</strong></font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white solid;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2"><strong>9,324</strong></font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: white solid;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: black thin solid;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: black thin solid;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2"><strong>9,747</strong></font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: white solid;"><font size="2">&#160;</font></td>
            </tr>
            <tr bgcolor="#cceeff">
              <td align="left" valign="bottom" width="57%" style="border-bottom: #cceeff solid;">
                <div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman" size="2"><strong>Total
                  liabilities and shareholders' equity</strong></font></div>
              </td>
              <td width="2%" style="border-bottom: #cceeff solid;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: black double;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: black double;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2"><strong>14,272</strong></font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff solid;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: black double;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: black double;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2"><strong>13,998</strong></font></div>
              </td>
              <td align="left" valign="bottom" width="2%" style="border-bottom: #cceeff solid;"><font size="2">&#160;</font></td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: black double;"><font size="2">&#160;</font></td>
              <td align="right" valign="bottom" width="11%" style="border-bottom: black double;">
                <div style="MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px"><font style="DISPLAY: inline; MARGIN-LEFT: 0px; TEXT-INDENT: 0px; MARGIN-RIGHT: 0px; FONT-FAMILY: Times New Roman" size="2"><strong>14,198</strong></font></div>
              </td>
              <td align="left" valign="bottom" width="1%" style="border-bottom: #cceeff solid;"><font size="2">&#160;</font></td>
            </tr>

        </table>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>SIGNATURES</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
      to the requirements of the Securities Exchange Act of 1934, STMicroelectronics
      N.V. has duly caused this report to be signed on its behalf by the undersigned,
      thereunto duly authorized.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 252pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 315pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>STMicroelectronics
      N.V.</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Date:&#160;
      January 23</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">,
      2008</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 315pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">By:&#160;
      </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">/s/
      </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Carlo
      Ferro </font>
      <div style="MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <hr style="COLOR: black" align="left" noshade size="2" width="50%">
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 333pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Name:&#160;
      </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Carlo
      Ferro</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 333pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Title:&#160;&#160;&#160;
      </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Executive
      Vice President and</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 333pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
      Chief Financial Officer</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div style="WIDTH: 100%; TEXT-ALIGN: center">
      </div>
      <div style="WIDTH: 100%; TEXT-ALIGN: center">
        <hr style="COLOR: black" noshade size="2">
      </div>
    </div>
    <div id="HDR">
      <div id="GLHDR" style="WIDTH: 100%" align="right">
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
  </body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
