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News Release

Nasdaq Selects Applied Materials to Trade On the Stock Exchange of Hong Kong; Applied Materials Named as One of First Seven Stocks to be Traded in Pilot Program

May 30, 2000 at 10:51 PM EDT
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HONG KONG--(BUSINESS WIRE)--May 31, 2000--Applied Materials, Inc. (Nasdaq:AMAT), the world's largest supplier of semiconductor manufacturing equipment to the global semiconductor industry, today announced that its stock began trading on the Stock Exchange of Hong Kong (SEHK) as one of the first Nasdaq Stock Market (Nasdaq(R)) companies in a new pilot program.

This program between Nasdaq and the SEHK will offer shares of seven leading Nasdaq-listed companies: Applied Materials; Amgen Inc.; Cisco, Inc.; Dell Computer Corp.; Intel Corp.; Microsoft Corp.; and Starbucks Coffee Company.

"We are proud that Applied Materials was selected as one of the first global Nasdaq-listed companies to trade on the Stock Exchange of Hong Kong," said James C. Morgan, chairman and chief executive officer. "Our presence on this exchange confirms our long-standing commitment to our customers and investors in Asia. Our investors here will now have an opportunity to trade our stock in Hong Kong Dollars and in real time."

According to Nasdaq, this pilot program in Hong Kong is a step forward in the development of a 24-hour global trading system for some of the world's leading stocks. The program is intended to allow investors throughout Asia to more easily access the shares of companies such as Applied Materials, which will be quoted and traded during regular SEHK trading hours in Hong Kong Dollars through SEHK's automatic order matching and execution system. Applied Materials' stock code on the SEHK is 4336.

Applied Materials, Inc., a Fortune 500 global growth company, is the world's largest supplier of wafer fabrication solutions to the semiconductor industry. Applied Materials is traded on the Nasdaq National Market under the symbol, "AMAT." Applied Materials' website is http://www.appliedmaterials.com.

CONTACT: Applied Materials, Inc. 

             Hong Kong:
             Jeff Lettes, (852)9719-1383 (editorial/media)
             408/563-5161 (U.S. voicemail)
             United States:
             Carolyn Schwartz, 408/748-5227 (financial community)
             Shannon Fryhoff, 408/986-7229 (editorial/media)
                           or
             Ketchum-Newscan, 852/2566-1311 (Hong Kong)