Kaoru Tosaka, Former President and CEO of NEC Electronics, Passed Away

It is with profound sadness that NEC Electronics Corporation announces the passing of former president and CEO Kaoru Tosaka. Mr. Tosaka had served as the company's president from November 2002 until October 2005. He was 64 years old when he passed away on February 28 at Kudanzaka Hospital in Tokyo, from pancreatic cancer. He is survived by his wife, Emi.

Funeral services for family and relatives have already been held. A special memorial service for employees will be held on March 28 at the Takanawa Prince Hotel. For further inquiries, please contact NEC Electronics' General Affairs Division.

About NEC Electronics

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 handset, PC peripherals, automotive and digital consumer markets, and platform solutions for a wide range of customer applications. NEC Electronics Corporation has 25 subsidiaries worldwide including NEC Electronics America, Inc. (www.am.necel.com) and NEC Electronics (Europe) GmbH (www.eu.necel.com). For additional information about NEC Electronics worldwide, visit www.necel.com.