LITE-ON TECHNOLOGY CORPORATION STOCK EXCHANGE RELEASE 8 OCTOBER 2007 AT 4.15 P.M. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, HONG KONG OR SOUTH AFRICA. Lite-On Technology Corporation ("Lite-On") announced on 13 August 2007 a public cash tender offer for all issued and outstanding shares and options of Perlos Corporation ("Perlos"), (the "Tender Offer"). The Tender Offer is made by Lite-On (Finland) Oy (the "Offeror"), which is a wholly-owned subsidiary of Lite-On. The tender offer period commenced on 3 September 2007. As of today, the EU Commission and the Chinese merger control authorities have approved the acquisition in accordance with the Tender Offer. Lite-On has previously announced the receipt of the Taiwanese merger control clearance and the approval from the Taiwan Investment Committee. Lite-On has now received all necessary regulatory approvals for the completion of the Tender Offer. By the end of business on 5 October 2007, as an interim preliminary result of validly given acceptances of shares in accordance with the terms and conditions of the Tender Offer, Lite-On's ownership had reached 92.82 per cent of the shares and votes in Perlos (counted before taking into account dilution from the exercise of stock options). Should the validly tendered options be taken into account and the proportion of share capital and voting rights be calculated in relation to the number of shares in a situation in which all the options issued by Perlos would have been converted into shares, Lite-On's holding in Perlos would be 92.56 per cent of share capital and voting rights. Consequently, all conditions for completion under the terms and conditions of the Tender Offer are currently satisfied. The extended offer period was scheduled to expire at 16.00 (Finnish time) on 26 October 2007. Due to the satisfaction of the conditions for completion of the Tender Offer, Lite-On has today, in accordance with the terms and conditions of the Tender Offer, decided to suspend the extended offer period to expire at 16.00 (Finnish time) on 22 October 2007. Lite-On will announce the preliminary result of the Tender Offer on or about 23 October 2007. Provided that the conditions for completion are still satisfied (or the Offeror has waived the requirement for such satisfaction) when Lite-On will announce the preliminary result of the Tender Offer, the Tender Offer will be completed. Lite-On will announce the final result of the Tender Offer on or about 29 October 2007. The announcement of the final result will also confirm the percentage of shares and options that have been validly tendered for and not properly withdrawn. Lite-On has previously published information concerning the Tender Offer in a tender offer document dated 30 August 2007 and in stock exchange releases dated 13 August 2007, 30 August 2007 and 5 October 2007. Contrary to previously announced information, due to the suspension of the offer period the tender offer document will not be supplemented with Perlos' third quarter interim report (Q3/2007) scheduled to be published on 23 October 2007. LITE-ON TECHNOLOGY CORPORATION Disclaimer These materials are not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. The issuer of the shares has not registered, and does not intend to register, any portion of the offering in the United States and does not intend to conduct a public offering of shares in the United States. This stock exchange release must not be published, released or otherwise distributed in whole or in part in or into the United States, Canada, Japan or Australia. This stock exchange release is neither an offer to purchase nor a solicitation for an offer to sell shares, and the tender offer will not be made directly or indirectly in the United States, Canada, Japan, Australia, Hong Kong or South Africa or any other jurisdiction where such an offer would violate laws of that jurisdiction. This stock exchange release and tender offer will not and may not be distributed, forwarded or transmitted in any way, such as by post, fax, email or telephone, or in any other way to or from areas where it would violate the law. Further information: Andrew Lin Chief Financial Officer Lite-On Technology Corporation +886-2-8798-2888 liteontechpr@liteon.com DISTRIBUTION Helsinki Stock Exchange Central media www.perlos.com
ALL CONDITIONS FOR COMPLETION OF LITE-ON TECHNOLOGY S TENDER OFFER FOR PERLOS HAVE BEEN FULFILLED, OFFER PERIOD TO EXPIRE ON 22 OCTOBER 2007
| Source: Perlos