NXP Announces Extension of the Early Tender Date and the Early Tender Results of its Cash Offer

Eindhoven, The Netherlands, June 18, 2009 – NXP Semiconductors, the independent semiconductor company founded by Philips (“NXP”), announced today that it has extended the Early Tender Date for its previously announced offer to purchase for cash (as such offer may be amended or supplemented from time to time, the “Offer”) the notes listed in the table below (collectively, the “Notes”), upon the terms and subject to the conditions set forth in the offer to purchase (as it may be amended or supplemented from time to time, the “Offer to Purchase”). The Early Tender Date has been extended from 12:00 midnight, New York City time, on June 17, 2009 to 12:00 midnight, New York City time, on July 1, 2009. Except for the extension of the Early Tender Date, all other terms and conditions of the Offer (including the Withdrawal Date of 5:00 P.M., New York City time, on June 17, 2009) remain unchanged.

In addition, NXP announced that it had received at 12:00 midnight, New York City time, on June 17, 2009 the following aggregate principal amount of proper tenders (that had not been validly withdrawn) for the notes listed in the table below (collectively, the “Notes”), upon the terms and subject to the conditions set forth in the offer to purchase (as it may be amended or supplemented from time to time, the “Offer to Purchase”):

¹ In millions.
² Per $1,000 or €1,000 principal amount, as applicable.

The Offer will expire at 12:00 midnight, New York City time, on July 1, 2009 (such time and date, as the same may be extended, the “Expiration Date”). Holders of Notes must tender their Notes on or prior to the Expiration Date to be eligible to receive the consideration to be paid for each series of Notes in accordance with the Offer to Purchase (the “Tender Offer Consideration”).

Only holders that properly tendered (and not validly withdrew) their Notes on or prior to the Early Tender Date, and whose tenders will be accepted, will receive an early tender premium of $25 or €25, respectively (as the same may be increased or decreased, the “Early Tender Premium” and together with the Tender Offer Consideration, the “Total Consideration”).

Previously tendered Notes can no longer be withdrawn after 5:00 P.M., New York City time, on June 17, 2009 (the “Withdrawal Date”), and holders who tender Notes after the Withdrawal Date do not have withdrawal rights, unless NXP changes the Minimum Offer Price, the Maximum Offer Price, the Early Tender Premium, the Tender Offer Consideration, the Maximum Payment Amount or the Maximum Secured Payment or is otherwise required by law to permit withdrawal.

On the payment date, accrued and unpaid interest up to, but not including, the payment date, if any, will be paid in cash on all Notes properly tendered (and not validly withdrawn) and accepted.

NXP’s obligation to accept any Notes tendered and to pay the applicable consideration for them is set forth solely in the Offer to Purchase. The Offer is made only by, and pursuant to, the terms set forth in the Offer to Purchase, and the information in this press release is qualified by reference to the Offer to Purchase. Subject to applicable law, NXP may amend, extend or terminate the Offer at any time.

Deutsche Bank Trust Company Americas (the “Dollar Tender Agent”) and Deutsche Bank AG, London Branch (the “Euro Tender Agent,” and together with the Dollar Tender Agent, the “Tender Agent”), are serving together as the Tender Agent in connection with the Offer. J.P. Morgan Securities Inc. (the “Dollar Dealer Manager”) and J.P. Morgan Securities Ltd. (the “Euro Dealer Manager,” and together with the Dollar Dealer Manager, the “Dealer Manager”) are serving together as the Dealer Manager in connection with the Offer. Any questions or requests for assistance or additional copies of the Offer to Purchase may be directed to the Tender Agent. You may also contact your broker, dealer, commercial bank or trust company or other nominee for assistance concerning the Offer. Any questions regarding the terms of the Offer should be directed to the Dealer Manager. Notes and any other required documents should be sent or delivered by each holder or its broker, dealer, commercial bank, trust company or other nominee to the Tender Agent at the addresses set forth on the back cover of the Offer to Purchase.

This Offer is not available to any Italian resident and/or persons located in the Republic of Italy.

Forward-Looking Statements

This press release includes forward looking statements. When used in this press release, the words “anticipate,” “believe,” “estimate,” “forecast,” “expect,” “intend,” “plan” and “project,” and similar expressions, as they relate to NXP, its management or third parties, identify forward looking statements. Forward looking statements include statements regarding NXP’s business strategy, financial condition, results of operations, and market data, as well as any other statements that are not historical facts. These statements reflect beliefs of NXP’s management as well as assumptions made by its management and information currently available to NXP. Although NXP believes that these beliefs and assumptions are reasonable, the statements are subject to numerous factors, risks and uncertainties that could cause actual outcomes and results to be materially different from those projected. These factors, risks and uncertainties expressly qualify all subsequent oral and written forward-looking statements attributable to NXP or persons acting on its behalf.

About NXP Semiconductors

NXP is a leading semiconductor company founded by Philips more than 50 years ago. Headquartered in Europe, the company has about 28,000 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.