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National Semiconductor Increases Quarterly Cash Dividend

Sep 28, 2007

September 28, 2007 - National Semiconductor Corporation (NYSE:NSM) announced today that the Board of Directors has declared a cash dividend of $0.06 per outstanding share of common stock, which is an increase from the prior quarterly cash dividend of $0.04 per share.  This new dividend will be paid on January 7, 2008 to shareholders of record at the close of business on December 17, 2007.

National Semiconductor had 264.0 million shares of common stock outstanding at the end of its first quarter of fiscal 2008, which ended August 26, 2007.

About National Semiconductor

National Semiconductor, the industry's premier analog company, creates high-value analog devices and subsystems.  National's leading-edge products include power management circuits, display drivers, audio and operational amplifiers, interface products and data conversion solutions. National's key analog markets include wireless handsets, displays, communications infrastructure, medical, automotive, industrial, and test and measurement applications. Headquartered in Santa Clara, Calif., National reported sales of $1.93 billion for fiscal 2007, which ended May 27, 2007.  Additional company and product information is available at www.national.com.