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National Semiconductor Employees in U.S. Donate over $800,000 to Schools, Charities

In tough economic times, National’s U.S employees continue give back to their favorite schools and community organizations

Jun 22, 2009

June 22, 2009 - National Semiconductor Corp. (NYSE:NSM) today announced that its U.S. employees directed the donation of $828,000 to schools and nonprofit organizations through National’s Community Care Giving Program.

In fiscal 2009, over one-third of U.S. employees supported their favorite non-profits, universities, and schools, a 3% percent increase from the previous year. Through the National Semiconductor Foundation, the company matches the donations of its employees up to $1,000 for schools, and $500 for nearly any non-profit organizations, allowing employees to maximize their donations to organization of their choice. In fiscal 2008, U.S. employees set a company record donating over $1 million through the Giving Program.

“It never ceases to amaze me that even during this economic crisis National employees’ still take time to give back,” said Joan Scott, director of Community Relations at National Semiconductor. She added, “It would be very easy to justify cutting back on donations, but the employees at National have shown their unconditional support once again.”

In 2009, top recipients of the Community Care Giving Program included the United Way, Second Harvest Food Bank, American Cancer Society and American Heart Association. In addition to these well known national organizations, hundreds of employees provided much needed support to their children’s schools and their favorite local charities.

About The National Semiconductor Foundation
The National Semiconductor Foundation, a charitable fund at the Silicon Valley Community Foundation established in 2000, has provided over $13 million for charitable programs and grants in National's communities worldwide. These grants are in addition to the donations made by employees through the company’s Giving Program. Other National programs such as the Holiday Giving Program, the Back To School Drive, and monthly volunteer projects all aim to raise money and awareness of causes for communities in need. Through these efforts in fiscal year 2009, 717 National volunteers donated over 2,700 hours of service to Silicon Valley schools and nonprofit organizations.