NXP Semiconductors draws USD 400 million under its revolving credit facility

Eindhoven, The Netherlands, November 25, 2008 – NXP Semiconductors today announces that it is drawing USD 400 million under its available revolving credit facility.

Karl-Henrik Sundström, Chief Financial Officer of NXP said today:

“In view of the current global financial turmoil we are drawing USD 400 million under our revolving credit facility. This is a proactive financial decision in order to secure availability of this facility in a turbulent financial market environment.

At the end of Q3, NXP’s cash position amounted to USD 1535 million. With the proceeds from the drawdown, NXP further strengthens its already strong liquidity position.

About NXP Semiconductors

NXP is a leading semiconductor company founded by Philips more than 50 years ago. Headquartered in Europe, the company has about 33,500 employees working in more than 20 countries and posted sales of USD 6.3 billion (including the Mobile & Personal business) in 2007. NXP creates semiconductors, system solutions and software that deliver better sensory experiences in TVs, set-top boxes, identification applications, mobile phones, cars and a wide range of other electronic devices. News from NXP is located at www.nxp.com.