AMD Announces Extension of Exchange Offer for Its 7.50% Senior Notes Due 2022 for Registered Notes

SUNNYVALE, CA--(Marketwired - Jun 4, 2013) - AMD (NYSE: AMD) announced today that its pending offer to exchange any and all of its outstanding 7.50% Senior Notes due 2022, which were issued in a private placement (the "Private Notes,") for an equal principal amount of new 7.50% Senior Notes due 2022 that have been registered under the Securities Act of 1933, as amended, currently scheduled to expire at 5 p.m., New York City time, June 3, 2013, has been extended until 5 p.m., New York City time, June 7, 2013.

Tenders with respect to approximately $499,615,000 aggregate principal amount of the Private Notes, out of a total of $500,000,000 aggregate principal amount eligible to participate in the exchange offer, have been received to date.

This press release shall not constitute an offer to sell or exchange any securities or a solicitation of an offer to buy or exchange any securities. The exchange offer is being made only by means of the prospectus dated May 3, 2013, and the exchange offer, as extended hereby, remains subject to the terms and conditions stated therein.

About AMD
AMD (NYSE: AMD) is a semiconductor design innovator leading the next era of vivid digital experiences with its groundbreaking AMD Accelerated Processing Units (APUs) that power a wide range of computing devices. AMD's server computing products are focused on driving industry-leading Cloud computing and virtualization environments. AMD's superior graphics technologies are found in a variety of solutions ranging from game consoles, PCs to supercomputers. For more information, visit http://www.amd.com.

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Cautionary Statement
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and Section 27A of the Securities Act of 1933. Forward-looking statements reflect current expectations and projections about future events, and thus involve uncertainty and risk. It is possible that future events, including whether the exchange offer is completed on the terms specified or at all, may differ from expectations due to a variety of risks and other factors such as those described in the "Risk Factors" section of the exchange offer prospectus and in AMD's Annual Report on Form 10-K for the fiscal year ended December 29, 2012, as updated by AMD's Quarterly Report on Form 10-Q for the quarter ended March 30, 2013, as filed with the Securities and Exchange Commission. It is not possible to foresee or identify all such factors. Any forward-looking statements in this press release are based on certain assumptions and analyses made in light of AMD's experience and perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. Forward-looking statements are not a guarantee of future performance and actual results or developments may differ materially from expectations. AMD does not intend to update any particular forward-looking statements contained in this press release.