Financial News

SINGAPORE and SAN JOSE, Calif., April 20, 2007

Avago Technologies, a leading supplier of analog interface components for communications, industrial and consumer applications, announced today the expiration of its previously announced tender offer to purchase a portion of the 10-1/8% Senior Notes due 2013 (the “Notes”) issued by Avago Technologies Finance Pte. Ltd. and two subsidiary co-issuers (CUSIP Nos. 05336XAD3 and U05212AA0).  The tender offer expired at 12:00 midnight, New York City time, on April 19, 2007.

As of the expiration date of the tender offer, $76,879,000 aggregate principal amount of the Notes, or 15.4% of the outstanding $500,000,000 aggregate principal amount of the Notes, had been validly tendered.  Based upon the prices submitted in the tender offer via “Modified Dutch Auction” procedure described in the Offer to Purchase dated March 23, 2007, Avago has accepted for payment all $76,879,000 aggregate principal amount of the Notes tendered at a tender offer price of $1,060.00 per $1,000 principal amount of Notes.  All holders who validly tendered Notes at or prior to 5:00 p.m., New York City time, on April 5, 2007 will be paid an additional $30.00 per $1,000 principal amount of Notes accepted for payment. All Notes accepted for payment also will be entitled to receive accrued and unpaid interest up to, but not including, the settlement date, which Avago expects will be today.

This press release does not constitute an offer to purchase or the solicitation of an offer to sell any of the Notes.  The tender offer was made in accordance with the terms and subject to the conditions specified in the Offer to Purchase and the Letter of Transmittal relating to the tender offer, dated March 23, 2007.  Lehman Brothers Inc. acted as sole dealer manager and D.F. King & Co., Inc. acted as information agent and tender agent in connection with the tender offer.

Meaningful Cautionary Statement Regarding Forward-Looking Statements

This announcement and supporting materials may contain “forward-looking statements” which address our expected future business and financial performance, and typically contain words such as “expects,” “anticipates,” “estimates,” “intends,” “plans,” “believes,” “seeks,” or “will.”   Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For Avago, particular uncertainties which could adversely or positively affect future results include cyclicality in the semiconductor industry or in our end markets; fluctuations in interest rates; our ability to generate cash sufficient to service our debt and to fund our research and development, capital expenditures and other business needs; our continued dependence on outsourced service providers for certain key business services; our competitive performance and ability to continue achieving design wins with our customers; and other events and trends on a national, regional and global scale, including those of a political, economic, business, competitive and regulatory nature.  These uncertainties may cause our actual future results to be materially different than those we express in our forward-looking statements; accordingly, we caution you not to place undue reliance on these statements. Our Registration Statement on Form F-4 filed with the U.S. Securities and Exchange Commission (“SEC”) on January 8, 2007, recent Reports on Form 6-K, and other Avago filings with the SEC (which you may obtain for free at the SEC’s website at http://www.sec.gov) discuss some of the important risks that may affect our business, results of operations and financial condition. These forward-looking statements are made only as of the date of this communication and Avago undertakes no obligation to update or revise these forward-looking statements.