NEC Electronics Reports Financial Results for the First Quarter Ended June 30, 2005

Summary of Consolidated Financial Results

	Three Months Ended June 30, 2005	Three Months Ended June 30, 2004	Increase(Decrease)
Net sales  Sales from semiconductors Operating income (loss) Income (loss) before income taxes Net income (loss)	Billion Yen Million USD % of Net Sales 146.1 1,316 100.0 140.3 1,264   (9.8) (88) (6.7) (10.8) (97) (7.4) (6.3) (57) (4.3)	Billion Yen % of Net Sales 185.6 100.0 179.1   15.2 8.2 14.3 7.7 8.7 4.7	Billion Yen % Change (39.5) (21.3) (38.8) (21.7) (25.0) --- (25.1) --- (15.0) ---
Net income (loss) per share of common stock:  Basic  Diluted	Yen USD   (51.26) (0.46)   (51.26) (0.46)	Yen   70.20   67.17	Yen % Change (121.46) --- (118.43) ---

Capital expenditures Depreciation and amortization R&D expenses	Billion Yen Million USD   19.6 176   20.3 183   28.0 252	Billion Yen   59.6   21.4   24.3	Billion Yen % Change (40.1) (67.2) (1.0) (4.8) 3.6 14.9
Exchange rate (USD) Exchange rate (Euro)	Yen     107     138	Yen   110   133

As of June 30, 2005 As of March 31, 2005 Increase(Decrease)     Total assets Shareholders' equity Billion Yen Million USD   787.5 7,094   387.3 3,490   Billion Yen   814.2   393.9   Billion Yen % Change (26.7) (3.3) (6.5) (1.7)   Number of employees Persons     24,230     Persons   23,963   Persons % Change 267 1.1

As of June 30, 2004 Billion Yen 853.6 382.0 Persons 23,749

Notes
1.	U.S. dollar amounts are translated from yen, for convenience only, at the rate of ¥111=U.S.$1.
2.	All figures are rounded to the nearest 100 million yen.
3.	Net income per share of common stock is calculated based on Statement of Financial Accounting Standards ("SFAS") No.128, "Earnings per share". For the three months ended June 30, 2004, net income per share of common stock was restated to the dilutive effect from the issuance of convertible bonds.
4.	The consolidated financial statements of NEC Electronics are prepared in accordance with accounting principles generally accepted in the United States, or U.S. GAAP.
5.	The figures for operating income (loss) shown above represent net sales minus the cost of sales, research and development, and selling, general and administrative expenses.

Forward-Looking Statements
The statements in this press release with respect to the plans, strategies and financial outlook of NEC Electronics and its consolidated subsidiaries (collectively "NEC Electronics") are forward-looking statements involving risks and uncertainties. We caution you in advance that actual results may differ materially from such forward-looking statements due to several important factors including, but not limited to, general economic conditions in our markets, which are primarily Japan, North America, Asia, and Europe; demand for, and competitive pricing pressure on, products and services in the marketplace; ability to continue to win acceptance of products and services in these highly competitive markets; and fluctuations in currency exchange rates, particularly between the yen and the U.S. dollar. Among other factors, downturn of the world economy; deteriorating financial conditions in world markets, or deterioration in domestic and overseas stock markets, may cause actual results to differ from the projected results forecast.