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TI to Repurchase up to 21 Million Shares of Its Stock

Feb 19, 2004

DALLAS (Feb. 19, 2004) – The Board of Directors of Texas Instruments Incorporated (TI) (NYSE: TXN) today approved the repurchase of up to 21 million additional shares of the company’s common stock. The repurchases are intended to neutralize the potential dilutive effect of shares expected to be issued upon the exercise of stock options under the company's stock option and employee stock purchase plans.

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Texas Instruments Incorporated provides innovative DSP and Analog technologies to meet our customers’ real world signal processing requirements. In addition to Semiconductor, the company’s businesses include Sensors & Controls and Education Technology. TI is headquartered in Dallas, Texas, and has manufacturing, design or sales operations in more than 25 countries.

Texas Instruments is traded on the New York Stock Exchange under the symbol TXN. More information is located on the World Wide Web at www.ti.com.