Photronics Announces Shareholder Meeting and Its Eighth Annual Analyst Meeting Schedules

Business Wire, Feb 3, 2006

BROOKFIELD, Conn. -- Photronics, Inc. (Nasdaq:PLAB), a worldwide leader in supplying innovative imaging technology solutions for the global electronics industry, today announced the dates of its regular Annual Shareholders' Meeting and its Eighth Annual Analyst Meeting. Both meetings, as well as any presentation slides, will be simulcast live and archived on Photronics' website at www.photronics.com.

The Annual Shareholders' Meeting will be held at the Company's headquarters in Brookfield, Connecticut on Tuesday, April 4, 2006 at 10:00a.m. ET. Shareholders of record as of February 14, 2006 will be entitled to vote on those issues incorporated into the Company's proxy statement, which the Company anticipates will be filed with the Securities and Exchange Commission by February 24, 2006.

Photronics' Eighth Annual Analyst Meeting will be held at the Hotel InterContinental in New York, New York on Thursday, April 6, 2006. The meeting will begin with registration and breakfast at 7:30 a.m. ET. Management's presentations will begin at approximately 8:30a.m. ET. Michael J. Luttati, Chief Executive Officer will provide an overview of the Company's recent performance and present Photronics' strategic positioning within the global semiconductor and flat panel display manufacturing industries, outlining the Company's goals and objectives for the upcoming year. Joining Mr. Luttati for a question and answer period will be: Sean Smith, Chief Financial Officer; Dr. Christopher Progler, Chief Technology Officer; and Dr. Soo Hong Jeong, President-Asia.

For more information or to register for these meetings, contact the office of Michael McCarthy, Vice President-Investor Relations and Corporate Communications via email at mmccarthy@brk.photronics.com or visit the Company's website at www.photronics.com

Photronics is a leading worldwide manufacturer of photomasks. Photomasks are high precision quartz plates that contain microscopic images of electronic circuits. A key element in the manufacture of semiconductors and flat panel displays, photomasks are used to transfer circuit patterns onto semiconductor wafers and flat panel substrates during the fabrication of integrated circuits, a variety of flat panel displays and, to a lesser extent, other types of electrical and optical components. They are produced in accordance with product designs provided by customers at strategically located manufacturing facilities in Asia, Europe, and North America. Additional information on the Company can be accessed at www.photronics.com.

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements made by or on behalf of Photronics, Inc. and its subsidiaries (the Company). The forward-looking statements contained in this document involve risks and uncertainties that may affect the Company's operations, markets, products, services, prices, and other factors as discussed in filings with the U. S. Securities and Exchange Commission (SEC). These risks and uncertainties include, but are not limited to, economic, competitive, legal, governmental, and technological factors. Accordingly, there is no assurance that the Company's expectations will be realized. The Company assumes no obligation to provide revisions to any forward-looking statements should circumstances change.