Source: STATS CHIPPAC PTE. LTD

STATS ChipPAC Reports Third Quarter Results

Expects Record Annual Revenue and Profitability for 2006; Expects to Return to Quarter-Over-Quarter Revenue Growth in the Fourth Quarter

UNITED STATES -- (MARKET WIRE) -- October 25, 2006 -- SINGAPORE -- 10/26/2006 -- STATS ChipPAC Ltd. ("STATS ChipPAC" or the "Company") (NASDAQ: STTS) (SGX-ST: STATSChP), a leading independent semiconductor test and advanced packaging service provider, today announced results for the third quarter of 2006.

Revenue for the third quarter of 2006 increased 31.8% to $397.1 million, compared to $301.3 million in the third quarter of 2005. However, this represents a sequential decline of 5.0% compared to the second quarter of 2006. On a US GAAP basis, net income for the third quarter of 2006 was $18.5 million or $0.09 per diluted ADS, compared to a net loss of $(1.0) million or a loss of $(0.01) per diluted ADS in the third quarter of 2005. US GAAP results for the third quarter of 2006 include $8.8 million in special items and costs associated with the merger of STATS and ChipPAC. US GAAP results for the third quarter of 2005 include $14.0 million in special items and costs associated with the merger of STATS and ChipPAC. Excluding the special items and including certain adjustments, non-GAAP adjusted net income for the third quarter of 2006 was $27.3 million or $0.13 per diluted ADS, compared to a non-GAAP adjusted net income of $13.0 million or $0.06 per diluted ADS in the third quarter of 2005. Results for the third quarter of 2006 include approximately $3.4 million in share-based compensation expenses as required under SFAS 123(R).

Tan Lay Koon, President and Chief Executive Officer of STATS ChipPAC, said, "The operating environment was challenging in the third quarter as a small group of our customers in the communications segment took aggressive measures to adjust their inventory levels downward. Even though we did see some improvement from our consumer and multi-applications customers, this was not enough to offset the weakness in our communications segment. As a result, our revenue declined by 5.0% from the prior quarter. However, this quarter's results still represent strong growth of 31.8% from the same quarter a year ago, and reaffirm that 2006 will be a very strong growth year for us.

Despite the challenging operating environment, we maintained our profitability on a US GAAP basis compared to the prior quarter. We believe this demonstrates the resiliency of our business model post merger.

On a year-over-year comparison, our growth in revenue, gross margin and profitability shows that our emphasis on profitable growth and capital discipline has continued to benefit our company. Our cost savings activities, including reducing our labor force at the beginning of the quarter, also contributed to our ability to maintain our margins and profitability."

Michael G. Potter, Chief Financial Officer of STATS ChipPAC, said, "We achieved record net income on a GAAP basis in the third quarter of 2006, with results in-line with prior guidance. We benefited from lower merger-related amortization expense, the workforce reduction announced last quarter, and other cost savings activities. We continue to take a disciplined approach to capital spending and drive costs down across our organization. We improved our cash position in the third quarter and given our strong cash position and lower requirements for capital expenditures, we repurchased the entire $50.0 million aggregate principal amount of our 8.0% Convertible Subordinated Notes due 2011 on October 16, 2006. We will be looking for opportunities to reduce our debt and improve our capital structure in the future."

Outlook

Tan Lay Koon commented, "We remain positive in our long-term outlook given our balanced product portfolio and geographic diversity, combined with good traction in new customer programs. We will continue executing our business strategy that is focused on margin improvement, free cash flow generation and technology leadership. We expect 2006 to be a record year for us in both revenue and profitability. Based on current customer forecasts, we expect revenue in the fourth quarter of 2006 to be approximately $401.0 million to $421.0 million or 1% to 6% higher than the third quarter of 2006, with US GAAP net income in the range of $19.0 million to $26.0 million, which represents US GAAP net income per diluted ADS of $0.09 to $0.12, including the impact of $0.02 per ADS for the expensing of share-based compensation. Non-GAAP adjusted net income is expected to be in the range of $22.0 million to $29.0 million or in the range of $0.10 to $0.13 per diluted ADS, including the impact of $0.02 per ADS for the expensing of share-based compensation. Non-GAAP adjusted net income is calculated without the effect of certain merger and integration expenses and purchase accounting adjustments."

Investor Conference Call / Webcast Details

A conference call has been scheduled for 8:00 a.m. in Singapore on Thursday, October 26, 2006. This will be 8:00 p.m. on Wednesday, October 25, in New York. During the call, time will be set-aside for analysts and interested investors to ask questions of executive officers.

The call may be accessed by dialing +1-201-689-8560. A replay of the call will be available 2 hours after the live call through noon on Thursday, November 2, 2006 (in Singapore) or 11:00 p.m. on Wednesday, November 1, 2006 (in New York) at www.statschippac.com and by telephone at +1-201-612-7415. The account number to access the replay is 3055 and the conference ID number is 215896.

About STATS ChipPAC Ltd.

STATS ChipPAC Ltd. ("STATS ChipPAC" or the "Company") (NASDAQ: STTS) (SGX-ST: STATSChP) is a leading service provider of semiconductor packaging design, assembly, test and distribution solutions. A trusted partner and supplier to leading semiconductor companies worldwide, STATS ChipPAC provides fully integrated, multi-site, end-to-end packaging and testing solutions that bring products to the market faster. Our customers are some of the largest wafer foundries, integrated device manufacturers (IDMs) and fabless companies in the United States, Europe and Asia. STATS ChipPAC is a leader in mixed signal testing and advanced packaging technology for semiconductors used in diverse end market applications including communications, power, digital consumer and computing. With advanced process technology capabilities and a global manufacturing presence spanning Singapore, South Korea, China, Malaysia and Taiwan, STATS ChipPAC has a reputation for providing dependable, high quality test and packaging solutions. The Company's customer support offices are centered in the United States (California's Silicon Valley, Arizona, Texas, Massachusetts, Colorado and North Carolina). Our offices outside the United States are located in South Korea, Singapore, China, Malaysia, Taiwan, Japan, the Netherlands and United Kingdom.

STATS ChipPAC's facilities include those of its subsidiary, Winstek Semiconductor Corporation, in Hsinchu District, Taiwan. These facilities offer new product introduction support, pre-production wafer sort, final test, packaging and other high volume preparatory services. Together with our research and development centers in South Korea, Singapore, Malaysia, China, Taiwan and the United States as well as test facilities in the United States, this forms a global network providing dedicated test engineering development and product engineering support for customers from design to volume production. STATS ChipPAC is listed on both the Nasdaq Stock Market and the Singapore Exchange Securities Trading Limited. In addition, STATS ChipPAC is also included in the Morgan Stanley Capital International (MSCI) Index and the Straits Times Industrial Index. Further information is available at www.statschippac.com. Information contained in this website does not constitute a part of this release.

Certain statements in this release, including statements regarding expected future financial results and industry growth, are forward-looking statements that involve a number of risks and uncertainties that could cause actual events or results to differ materially from those described in this release. Factors that could cause actual results to differ include general business and economic conditions and the state of the semiconductor industry; level of competition; demand for end-use applications products such as communications equipment and personal computers; reliance on a small group of principal customers; decisions by customers to discontinue outsourcing of test and packaging services; continued success in technological innovations; availability of financing; delays in acquiring or installing new equipment; our substantial level of indebtedness; potential impairment charges; ability to develop and protect our intellectual property; intellectual property rights disputes and litigation; capacity utilization; limitations imposed by our financing arrangements which may limit our ability to maintain and grow our business; pricing pressures including declines in average selling prices; changes in customer order patterns; shortages in supply of key components; disruption of our operations; loss of key management or other personnel; defects or malfunctions in our testing equipment or packages; changes in environmental laws and regulations; exchange rate fluctuations; regulatory approvals for further investments in our subsidiaries; significant ownership by Temasek Holdings (Private) Limited (Temasek Holdings) that may result in conflicting interests with Temasek Holdings and our affiliates; our ability to successfully integrate the operations of former STATS and ChipPAC and their employees; labor union problems in South Korea; uncertainties of conducting business in China; unsuccessful acquisitions and investments in other companies and businesses; and other risks described from time to time in the Company's SEC filings, including its annual report on Form 20-F dated February 28, 2006. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Since the beginning of fiscal 2005, we employed quarterly and fiscal year reporting periods that end on the Sunday nearest to the end of each calendar quarter or calendar year, as the case may be. Our third quarter of 2006 ended on September 24, 2006, while our third quarter of 2005 ended on September 25, 2005. References to "US GAAP" are to Generally Accepted Accounting Principles as practiced in the United States of America and references to "$" are to the lawful currency of the United States of America.



                            STATS ChipPAC Ltd.
              Condensed Consolidated Statements of Operations
      (In thousands of U.S. Dollars, except share and per share data)
                                (Unaudited)

                           Three Months Ended         Nine Months Ended
                        ------------------------  ------------------------
                         September    September    September    September
                            25,          24,          25,          24,
                           2005         2006         2005         2006
                        -----------  -----------  -----------  -----------

Net revenues            $   301,298  $   397,109  $   799,790  $ 1,200,951
Cost of revenues (1)       (250,588)    (318,185)    (688,877)    (958,628)
                        -----------  -----------  -----------  -----------
Gross profit                 50,710       78,924      110,913      242,323

Operating expenses:
  Selling, general and
   administrative (2)        34,034       30,707      100,041      110,332
  Research and
   development (3)            6,243        7,632       18,721       22,514
  Restructuring charges
   (4)                            -        1,938          830        1,938
                        -----------  -----------  -----------  -----------
    Total operating
     expenses                40,277       40,277      119,592      134,784
                        -----------  -----------  -----------  -----------

Operating income (loss)      10,433       38,647       (8,679)     107,539

Other income
 (expenses), net (5)         (8,041)     (10,808)     (27,478)     (30,813)
                        -----------  -----------  -----------  -----------

Income (loss) before
 income taxes                 2,392       27,839      (36,157)      76,726
Income tax expense (6)       (1,247)      (7,137)      (3,545)     (20,266)
                        -----------  -----------  -----------  -----------
Income (loss) before
 minority interest            1,145       20,702      (39,702)      56,460
Minority interest            (2,156)      (2,205)      (3,491)      (7,927)
                        -----------  -----------  -----------  -----------
Net income (loss)       $    (1,011) $    18,497  $   (43,193) $    48,533
                        ===========  ===========  ===========  ===========

Net income (loss) per
 ordinary share:
  Basic                 $     (0.00) $      0.01  $     (0.02) $      0.02
  Diluted               $     (0.00) $      0.01  $     (0.02) $      0.02

Net income (loss) per
 ADS:
  Basic                 $     (0.01) $      0.09  $     (0.22) $      0.24
  Diluted               $     (0.01) $      0.09  $     (0.22) $      0.23


Ordinary shares
 (in thousands) used in per
 ordinary share calculation:
  Basic                   1,968,330    1,993,778    1,957,175    1,987,707
  Diluted                 1,968,330    2,161,980    1,957,175    2,158,626

ADS (in thousands) used
 in per ADS calculation:
  Basic                     196,833      199,378      195,717      198,771
  Diluted                   196,833      216,198      195,717      215,863

Key Ratios and Information:
Gross Margin                   16.8%        19.9%        13.9%        20.2%
Operating Expenses as a
 % of Revenue                  13.3%        10.2%        15.0%        11.2%
Operating Margin                3.5%         9.7%        -1.1%         9.0%

Depreciation &
 Amortization,
 including
 Amortization of Debt
 Issuance Costs         $    64,593  $    62,595  $   189,862  $   204,151
Capital Expenditures    $   101,431  $    49,169  $   171,970  $   294,476

Share-based
 compensation expense
 included under SFAS
 123(R) were as
 follows:
  Cost of revenues      $         -  $     1,387  $         -  $     4,530
  Selling, general and
   administrative                 -        1,651            -        4,884
  Research and
   development                    -          396            -        1,248
                        -----------  -----------  -----------  -----------
                        $         -  $     3,434  $         -  $    10,662
                        ===========  ===========  ===========  ===========

Certain reclassifications have been made to prior period amounts to conform
with classifications used in the current periods.

Listed below are the items included in net income (loss) that management
excludes in computing the non-GAAP financial measures. See Statement of
Reconciliation of US GAAP Net Income (Loss) to Non-GAAP Net Income (Loss)
and notes to the reconciliation.


                                 Three Months Ended     Nine Months Ended
                                --------------------- ---------------------
                                September  September  September  September
                                   25,        24,        25,        24,
                                  2005       2006       2005       2006
                                ---------- ---------- ---------- ----------
(1) Cost of revenues
     Merger and integration
      related expenses          $       76 $      262 $      206 $      517
                                ========== ========== ========== ==========

(2) Selling, general and
     administrative
      Merger and integration
       related expenses         $      361 $       84 $    1,295 $      645
      Purchase accounting items     12,687      4,412     38,061     29,786
                                ---------- ---------- ---------- ----------
                                $   13,048 $    4,496 $   39,356 $   30,431
                                ========== ========== ========== ==========

(3) Research and development
     Merger and integration
      related expenses          $       54 $       23 $      173 $      238
     Purchase accounting items         800        800      2,400      2,400
                                ---------- ---------- ---------- ----------
                                $      854 $      823 $    2,573 $    2,638
                                ========== ========== ========== ==========

(4) Restructuring charges
     Severance payment expenses $        - $    1,938 $      830 $    1,938
                                ========== ========== ========== ==========

(5) Other income (expenses), net
     Write-off of capitalized
      debt issuance cost        $        - $        - $    1,654 $        -
                                ========== ========== ========== ==========

(6) Income tax expense
     Purchase price adjustment
      on tax                    $        - $    1,315 $    1,003 $    5,065
                                ========== ========== ========== ==========


                            STATS ChipPAC Ltd.
              Reconciliation of US GAAP Net Income (Loss) to
                        Non-GAAP Net Income (Loss)
                      (In thousands of U.S. Dollars)
                                (Unaudited)


Use of Non-GAAP Financial Information
To supplement our condensed consolidated financial statements presented on
a US GAAP basis, STATS ChipPAC uses a non-GAAP conforming measure of net
income (loss), that is US GAAP net income (loss) adjusted to exclude
certain costs, expenses or gains, referred to as special items. Non-GAAP
adjusted net income (loss) measure gives an indication of our baseline
performance before other charges that are considered by management to be
outside of our core operating results. In addition, our non-GAAP adjusted
measure of net income (loss) and non-GAAP net income (loss) per ordinary
share/ADS are among the primary indicators management use for the
following purposes:
-     As a basis for our planning and forecasting future periods;
-     Managing and benchmarking performance internally across our business
      and externally against our peers;
-     Determining a portion of bonus compensation for executive officers
      and certain other key employees;
-     Calculating return on investment for development programs and growth
      initiatives;
-     Comparing performance with internal forecasts and targeted business
      models; and
-     Evaluating and valuing potential acquisition candidates.
We believe these non-GAAP measures are useful to investors in enabling
them to perform additional analysis of past, present and future operating
performance and as a supplemental means to evaluate our core operating
results. The presentation of this additional information should not be
considered in isolation or as a substitute for net income (loss) prepared
in accordance with generally accepted accounting principles in the United
States of America.


                                 Three Months Ended     Nine Months Ended
                               ---------------------  ---------------------
                               September  September   September  September
                                  25,        24,         25,        24,
                                 2005       2006        2005       2006
                               ---------  ----------  ---------  ----------

US GAAP net income (loss)      $  (1,011) $   18,497  $ (43,193) $   48,533

Special items
  Merger and integration
   related expenses (1)
    Cost of revenues                  76         262        206         517
    Selling, general and
     administrative                  361          84      1,295         645
    Research and development          54          23        173         238
  Restructuring charges (2)            -       1,938        830       1,938
  Purchase accounting items
   (3)
    Selling, general and
     administrative               12,687       4,412     38,061      29,786
    Research and development         800         800      2,400       2,400
  Write-off of capitalized
   debt issuance cost (4)              -           -      1,654           -
  Purchase price adjustment on
   tax (5)                             -       1,315      1,003       5,065
                               ---------  ----------  ---------  ----------
Total special items               13,978       8,834     45,622      40,589
                               ---------  ----------  ---------  ----------

Non-GAAP adjusted net income   $  12,967  $   27,331  $   2,429  $   89,122
                               =========  ==========  =========  ==========

US GAAP net income (loss) per
 ordinary share (basic)        $   (0.00) $     0.01  $   (0.02) $     0.02
  Adjustments for special
   items detailed above             0.01        0.00       0.02        0.02
                               ---------  ----------  ---------  ----------
Non-GAAP net income per
 ordinary share (basic)        $    0.01  $     0.01  $    0.00  $     0.04
                               =========  ==========  =========  ==========

US GAAP net income (loss) per
 ordinary share (diluted)      $   (0.00) $     0.01  $   (0.02) $     0.02
  Adjustments for special
   items detailed above             0.01        0.00       0.02        0.02
                               ---------  ----------  ---------  ----------
Non-GAAP net income per
 ordinary share (diluted)      $    0.01  $     0.01  $    0.00  $     0.04
                               =========  ==========  =========  ==========

US GAAP net income (loss) per
 ADS (basic)                   $   (0.01) $     0.09  $   (0.22) $     0.24
  Adjustments for special
   items detailed above             0.08        0.05       0.23        0.21
                               ---------  ----------  ---------  ----------
Non-GAAP net income per ADS
 (basic)                       $    0.07  $     0.14  $    0.01  $     0.45
                               =========  ==========  =========  ==========

US GAAP net income (loss) per
 ADS (diluted)                 $   (0.01) $     0.09  $   (0.22) $     0.23
  Adjustments for special
   items detailed above             0.07        0.04       0.23        0.19
                               ---------  ----------  ---------  ----------
Non-GAAP net income per ADS
 (diluted)                     $    0.06  $     0.13  $    0.01  $     0.42
                               =========  ==========  =========  ==========


                                 Three Months Ended     Nine Months Ended
                               ---------------------  ---------------------
                               September  September   September  September
                                  25,         24,        25,         24,
                                 2005        2006       2005        2006
                               ---------  ----------  ---------  ----------

US GAAP ordinary shares (in
 thousands) used in per
 ordinary share calculation
 (diluted)                     1,968,330   2,161,980  1,957,175   2,158,626
  Non-GAAP adjustments           174,420           -     14,145      43,674
                               ---------  ----------  ---------  ----------
Non-GAAP ordinary shares
 (in thousands) used in per
 ordinary share calculation
 (diluted)                     2,142,750   2,161,980  1,971,320   2,202,300
                               =========  ==========  =========  ==========

US GAAP ADS (in thousands)
 used in per ADS calculation
 (diluted)                       196,833     216,198    195,717     215,863
  Non-GAAP adjustments            17,442           -      1,415       4,367
                               ---------  ----------  ---------  ----------
Non-GAAP ADS (in thousands)
 used in per ADS
 calculation (diluted)           214,275     216,198    197,132     220,230
                               =========  ==========  =========  ==========
Key Ratios and Information:
Gross Margin                       16.9%       19.9%      13.9%       20.2%
Operating Expenses as a % of
 Revenue                            8.8%        8.3%       9.6%        8.3%
Operating Margin                    8.1%       11.6%       4.3%       11.9%

Depreciation & Amortization,
 including
 Amortization of Debt
 Issuance Costs                $  51,106  $   57,383  $ 149,901  $  171,965
Capital Expenditures           $ 101,431  $   49,169  $ 171,970  $  294,476

Share-based compensation
 expense included under SFAS
 123(R) were as follows:
  Cost of revenues             $       -  $    1,387  $       -  $    4,530
  Selling, general and
   administrative                      -       1,651          -       4,884
  Research and development             -         396          -       1,248
                               ---------  ----------  ---------  ----------
                               $       -  $    3,434  $       -  $   10,662
                               =========  ==========  =========  ==========

Non-GAAP financial measures are intended to present the Company's
operating results, excluding special items. The special items excluded for
the three and nine months ended September 25, 2005 and September 24, 2006
were:
(1) We incurred direct merger and integration expenses in both our cost of
revenues and operating expenses in the three and nine months ended
September 25, 2005 and September 24, 2006. These legal, professional and
other expenses including retention programs are temporary in nature and
relate to the merger and not our ongoing business.
(2) In order to more closely align expenses with revenues, the Company
reduced headcount by 88 employees in the Singapore and the United States
facilities in the three months ended March 27, 2005 and by 556 employees
in Singapore during the three months ended September 24, 2006. This
reduction of headcount resulted in a charge of $0.8M and $1.9M for
severance payments in the three months ended March 27, 2005 and September
24, 2006, respectively.
(3) As part of the purchase accounting for the merger, certain intangible
assets, including customer relationships and intellectual property, were
either created or revalued. The increased amortization due to these assets
was excluded as it is a non-cash charge and arose solely because of
purchase accounting. In addition, due to purchase accounting, the net book
value of ChipPAC's fixed assets was reduced. This resulted in depreciation
being approximately $1.5M and $4.7M lower in the three and nine months
ended September 24, 2006 and $1.6M and $6.1M lower in the three and nine
months ended September 25, 2005 than it would have been without the
revaluation due to purchase accounting. As this is ongoing and a
reflection of the assets value used in production, no adjustment was made
for this item.
(4) As a result of the repurchase of $26.1M and the redemption of the put
of $125.9M of our 1.75% convertible notes due 2007, we incurred write-off
charges on our capitalized debt issuance costs in the three months ended
March 27, 2005.
(5) Adjustment to original purchase price to benefit acquired tax
attributes based on increased taxable income during three and nine months
ended September 25, 2005 and September 24, 2006 due to expected foreign
operating income results, including currency fluctuations, resulting in
the release of ChipPAC acquisition date valuation allowances.


                            STATS ChipPAC Ltd.
                  Condensed Consolidated Balance Sheets
                      (In thousands of U.S. Dollars)


                                                     December   September
                                                        25,         24,
                                                       2005        2006
                                                    =========== ===========
                                                                (Unaudited)
ASSETS
Current assets:
  Cash, cash equivalents and marketable securities  $   242,368 $   206,835
  Accounts receivable, net                              240,990     253,983
  Inventories                                            79,483     108,772
  Other current assets *                                 44,873      43,318
                                                    =========== ===========
    Total current assets                                607,714     612,908

  Marketable securities                                  17,803      15,268
  Property, plant and equipment, net                  1,107,031   1,201,185
  Investment in equity investee                               -      10,257
  Goodwill and intangible assets                        595,405     564,903
  Other non-current assets *                             65,429      72,142
                                                    =========== ===========
    Total assets                                    $ 2,393,382 $ 2,476,663
                                                    =========== ===========

LIABILITIES AND SHAREHOLDERS'  EQUITY
Current liabilities:
  Accounts and other payables                       $   215,483 $   189,712
  Other current liabilities                              99,229     113,097
  Short-term debts                                       42,633      77,950
                                                    =========== ===========
    Total current liabilities                           357,345     380,759
Long-term debts                                         779,105     751,889
Other non-current liabilities                            66,611      75,104
                                                    =========== ===========
    Total liabilities                                 1,203,061   1,207,752
                                                    =========== ===========
Minority interest                                        48,669      55,337
                                                    =========== ===========
Shareholders' equity                                  1,141,652   1,213,574
                                                    =========== ===========
    Total liabilities and shareholders' equity      $ 2,393,382 $ 2,476,663
                                                    =========== ===========


* Include $nil and $1.1M of current and non-current restricted cash as of
September 24, 2006 and $0.4M and $2.2M as of December 25, 2005,
respectively.


                            STATS ChipPAC Ltd.
                      Other Supplemental Information
                                (Unaudited)


                                               3Q     2Q     3Q
                                              2005   2006   2006
Net Revenues by Product Line
Packaging - array                             51.3%  55.3%  54.3%
Packaging - leaded                            21.2%  18.4%  19.3%
Test and other services                       27.5%  26.3%  26.4%
                                             -----  -----  -----
                                             100.0% 100.0% 100.0%
                                             =====  =====  =====
Net Revenues by End User Market
Communications                                56.5%  57.3%  56.9%
Personal Computers                            18.3%  19.1%  18.0%
Consumer, Multi-applications and Others       25.2%  23.6%  25.1%
                                             -----  -----  -----
                                             100.0% 100.0% 100.0%
                                             =====  =====  =====
Net Revenues by Region
United States of America                      75.9%  72.3%  73.0%
Europe                                         2.0%   2.9%   2.6%
Asia                                          22.1%  24.8%  24.4%
                                             -----  -----  -----
                                             100.0% 100.0% 100.0%
                                             =====  =====  =====

Number of Testers                              892    996  1,002
Number of Wirebonders                        3,292  3,801  3,801

Overall Equipment Utilization Rate              75%    77%    75%

Contact Information: Singapore Contact: Bryan Ong Investor Relations Tel: (65) 6824 7477 Fax: (65) 6720 7826 email: Email Contact US Contacts: Drew Davies Director, Investor Relations Tel: (408) 586 0608 Fax: (408) 586 0652 email: Email Contact Lisa Lavin Marcom Manager Tel: (208) 939 3104 Fax: (208) 939 4817 email: Email Contact The Ruth Group David Pasquale Executive Vice President Tel: (646) 536 7006 email: Email Contact