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Nov 17, 1997

November 17, 1997--National Semiconductor Corporation® (NYSE: NSM) today announced that shareholders of Cyrix Corporation have approved the merger agreement between National Semiconductor and Cyrix at a special shareholders meeting held today in Dallas, Texas. The merger was completed following the special meeting.

In the transaction, Cyrix became a wholly owned subsidiary of National Semiconductor, and each outstanding share of Cyrix common stock was converted into the right to receive 0.825 shares of National Semiconductor common stock. Instructions as to how Cyrix shareholders are to exchange their certificates for National Semiconductor certificates will be sent to Cyrix shareholders shortly.

"The merger gives us all the pieces to integrate towards a PC on a chip," said National CEO Brian Halla, "enabling us to continue driving the cost of full-featured computers deep into the sub-$1,000 price range. Together, we will offer new integrated processors capable of powering a broad range of PCs and information appliances, bringing information to people anytime, anywhere."

Kevin McDonough, senior vice president and co-general manager of Cyrix, said, "The completion of this transaction is key to the future growth of Cyrix products in the microprocessor marketplace. Cyrix has a strong product roadmap for both the high-performance MMX™-enhanced 6x86MX™ processor, and the innovative integrated MediaGX™ processor that has established a leadership position in the sub-$1,000 PC marketplace."


Cyrix, a wholly owned subsidiary of National Semiconductor, is a leading supplier of innovative microprocessor-based solutions that set new standards for the personal computer market. Cyrix delivers compelling value and quality to its customers, the manufacturers of personal computer products, by combining industry leading design with world-class manufacturing. For more information, visit Cyrix's website at www.cyrix.com.

National Semiconductor Corporation, a Fortune 500 company, produces system-on-a-chip silicon solutions for the information highway, based on its leadership in analog and mixed signal technologies. National is headquartered in Santa Clara, California, and focuses on the communications, personal systems and consumer markets. National has annual sales of approximately $2.5 billion and 13,000 employees worldwide, including 450 at Cyrix. Additional company and product information is available on the World Wide Web at www.national.com.

Cyrix is a registered trademark of Cyrix Corporation. 6x86MX and MediaGX are trademarks of Cyrix Corporation. MMX is a trademark of Intel Corporation.