KAWASAKI Japan, October 16, 2003 -
NEC Electronics Corporation (the "Company") announced today that the exercise price of the Stock Acquisition Right for stock option, the issuance of which was approved at the 1st Ordinary General Meeting of Shareholders of the Company held on June 13, 2003 and at the Meeting of Board of Directors of the Company held on September 30, 2003, was fixed as follows:
Amount to be paid upon exercise of the Stock Acquisition Rights:
8,990 yen per share
(Note)
Details regarding the issuance of the Stock Acquisition Rights (other than the exercise price mentioned above) are as described in our press release dated September 30, 2003.
About NEC Electronics Corporation
NEC Electronics Corporation (TSE: 6723) specializes in semiconductor products encompassing advanced technology solutions for the high-end computing and broadband networking markets, system solutions for the mobile handsets, PC peripherals, automotive and digital consumer markets, and platform solutions for a wide range of customer applications. NEC Electronics Corporation has 24 subsidiaries worldwide including NEC Electronics America, Inc. (www.am.necel.com) and NEC Electronics (Europe) GmbH (www.ee.nec.de). For additional information about NEC Electronics worldwide, visit www.necel.com.
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Information in the press releases, including product prices and
specifications is current on the date of the press announcement,
but is subject to change without prior notice.
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