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National Semiconductor's Lewis Chew Named by Institutional Investor Magazine As One of Top Semiconductor Chief Financial Officers

Apr 28, 2006

April 28, 2006 – Lewis Chew, National Semiconductor Corporation’s senior vice president and chief financial officer (CFO), has been named by Institutional Investor magazine as one of the semiconductor industry’s top-performing CFOs.

For its third annual ranking, the magazine polled more than 900 analysts and portfolio managers as well as 360 leading financial analysts and asked them to name the best CFOs in their particular industries.  Institutional Investor magazine, which conducted the poll in fall 2005, has covered the global financial markets for nearly 40 years.

According to the magazine’s article, “Voters naturally praise those finance executives who keep clean books and effectively communicate with the market about their companies’ performance. But they also show a growing appreciation for CFOs who transcend the traditional number-crunching, cost-controlling role and embrace responsibility for improving operations and driving revenue growth.”

Chew joined National in 1997.  Before becoming senior vice president and CFO, he was vice president, corporate controller and was responsible for corporate finance, worldwide operations finance and strategic business planning.  Prior to joining National, Chew was a partner in the accounting and auditing firm KPMG LLP and served numerous high technology clients during a 13 year period.  He has a bachelor of science degree in accounting from Santa Clara University and is a certified public accountant.

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, communication interface products and data conversion solutions. National's key analog markets include wireless handsets, displays and a variety of broad electronics markets, including medical, automotive, industrial, and test and measurement applications. Headquartered in Santa Clara, California, National reported sales of $1.91 billion for fiscal 2005, which ended May 29, 2005.  Additional company and product information is available at www.national.com