Management Change at NXP

Eindhoven, The Netherlands, March 3, 2009 – NXP Semiconductors, the independent semiconductor company founded by Philips, today announced that Marc de Jong, Executive Vice President and General Manager of the Automotive and Identification Business Unit, has decided to leave NXP effective April 1, 2009. Marc has decided to rejoin Philips, where he spent over 20 years prior to joining NXP in 2005.

“I regret Marc’s decision but respect it. Marc played an important role during the spin off from Philips and has built strong Automotive and Identification organizations with leading positions in the market place. I would like to thank Marc for his significant contribution to the company and wish him success at Philips,” commented Richard Clemmer, NXP Chief Executive Officer.

Following this change, responsibility for the Automotive and Identification Business Unit will be taken over on an ad interim basis by Rick Clemmer and Alexander Everke in addition to their existing remits.

About NXP Semiconductors

NXP is a leading semiconductor company founded by Philips more than 50 years ago. Headquartered in Europe, the company has about 30,000 employees working in more than 30 countries and posted sales of USD 5.4 billion (including the Mobile & Personal business) in 2008. 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.