Q4 Highlights

• Fourth quarter sales at EUR 1,162 million vs EUR 1,211 million in the third quarter
• Comparable sequential sales growth of 1.9% (nominal growth -4.0%) and comparable year on year increase of 9.3%
• Fourth quarter of 2007 Adjusted EBITDA at EUR 243 million, compared to EUR 226 million in the third quarter of 2007 and EUR 214 million in the fourth quarter of 2006
• Fourth quarter of 2007 Adjusted EBITA at EUR 105 million, compared to EUR 97 million in the third quarter of 2007, and an improvement of EUR 36 million from EUR 69 million in the fourth quarter of 2006
• Cash position of EUR 706 million at the end of the fourth quarter, compared to EUR 681 million at the end of the third quarter of 2007 and EUR 939 million at the end of 2006
• Book to bill ratio of 0.89 in the fourth quarter of 2007
• Factory loading stable at 84% in the fourth quarter of 2007, up from 70% in the fourth quarter of 2006

Full Year highlights

• Full year sales at EUR 4,629 million, compared to EUR 4,960 million in 2006
• Full year Adjusted EBITDA at EUR 749 million, compared to EUR 921 million in 2006
• Full year Adjusted EBITA at EUR 212 million, compared to EUR 324 million in 2006
• Cost savings from Business Renewal Program in 2007 exceed EUR 100 million on a run rate basis

Eindhoven, The Netherlands, March 4, 2008 - NXP Semiconductors today announced fourth quarter sales of EUR 1,162 million, a comparable growth of 1.9% over the third quarter of 2007 (nominal -4.0%) and a comparable increase of 9.3% over the fourth quarter of 2006. Adjusted EBITDA in the fourth quarter was EUR 243 million reflecting a 7.5% nominal growth over the third quarter of 2007.

Full year sales amounted to EUR 4,629 million, a comparable increase of 1.4%, reflecting soft market conditions as well as a much stronger exchange rate of the Euro versus the US Dollar in 2007. On a nominal basis, full year sales fell 6.7%. NXP continues to successfully execute its Business Renewal Program.

Frans van Houten, President and CEO of NXP Semiconductors, commented:

“NXP has grown in line with the market this quarter and has delivered on its guidance. We have continued to strengthen the fundamentals of our business, exceeding EUR 100 million of cost savings in 2007 on a run rate basis, and are positioning ourselves well to weather the weak market, and to take advantage of any future upturn.”

“In 2008, management will continue to improve the underlying fundamentals of our businesses. We expect to see further benefits from the aggressive deployment of our Business Renewal Program and we will focus on exceeding the EUR 250 million of cost savings achieved in the first phase. We will continue to strengthen our product portfolio to enable organic growth. As we have said before, NXP intends to also play an active role in industry consolidation to ensure scale and leadership positions for its businesses. The signing of the Memorandum of Understanding to combine our can tuner modules operations with Thomson in a joint venture in February of 2008 is another example of this approach.”

Outlook: Taking seasonal patterns into account, the company expects a 9% to 13% sequential sales decline in the first quarter of 2008 on a comparable basis. This translates into a year on year low single digit sales increase on a comparable basis.

The full report is available on NXP website (www.nxp.com/investor).

Please note that from 1 January 2008, NXP will switch from Euro to US Dollar reporting in order to increase comparability with its peer group.

About NXP Semiconductors

NXP is a top 10 semiconductor company founded by Philips more than 50 years ago. Headquartered in Europe, the company has 37,000 employees working in more than 20 countries and posted sales of USD 6.3 billion in 2007. NXP creates semiconductors, system solutions and software that deliver better sensory experiences in mobile phones, personal media players, TVs, set-top boxes, identification applications, cars and a wide range of other electronic devices. News from NXP is located at www.nxp.com.