NXP Semiconductors Files Registration Statement With the SEC

Business Wire, April 23, 2007

EINDHOVEN, Netherlands -- NXP B.V. ("NXP") today announced that it has filed a registration statement on Form F-4 with the United States Securities and Exchange Commission (SEC) relating to exchange offers for any and all of NXP's outstanding senior secured and senior notes that were issued in a private placement on October 12, 2006. If consummated, these exchange offers would enable investors who validly tender their restricted notes to exchange such notes for identical notes that have been registered under the United States Securities Act. The contemplated offering remains subject to a number of conditions, and will not be launched until the registration statement has been declared effective by the SEC.

NXP will not receive any cash proceeds from any issuance of exchange notes pursuant to the exchange offers. The outstanding notes surrendered in exchange for the exchange notes will be cancelled.

A registration statement relating to the exchange notes has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to purchase be accepted prior to the time that the registration statement becomes effective.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

A written prospectus relating to the exchange offer, when available, may be obtained by existing noteholders from:

Jan Maarten Ingen Housz
NXP B.V.
60 HTC 5656AG
Eindhoven, The Netherlands
 31 40 27 22315

janmaarten.ingen.housz@nxp.com