DLGS Dialog Semiconductor

Dialog Semiconductor Plc. / Delisting Dialog Semiconductor PLC (NASDAQ: DLGS, FWB: DLG), a leading provider of power management semiconductor solutions, announces today that the Company intends to terminate its ADR program (American Depository Receipt) with the Bank of New York and seek a de-listing from NASDAQ. It is currently anticipated that the effective date of the termination of the ADR program and de-listing from Nasdaq will be December 28, 2006. As soon as is reasonably practicable after the termination date, any ordinary shares not previously withdrawn from the ADR program will be sold in the market by the ADR Depositary in accordance with the Deposit Agreement governing the ADR program and the net proceeds of any such sales will be distributed to the holders of those ordinary shares. As soon thereafter as it is eligible to do so, the Company intends to suspend or terminate its registration under the US Securities Exchange Act of 1934, as amended. Any such suspension or termination will also suspend or terminate the Company's periodic reporting obligations under the Exchange Act. The Company intends that its ordinary shares be traded solely on the German stock exchange (Prime Standard) for the near to medium term. Commenting on the announcement Jalal Bagherli, Dialog CEO, said: 'The increasing regulatory burden of NASDAQ both in terms of third party legal and accounting costs and more importantly management resources have not for some time been matched by a corresponding benefit from the NASDAQ listing where ADR trading is light. The primary market for our shares has always been Frankfurt. This decision will permit us to focus our communication efforts on this key market.' Information about Dialog Semiconductor Dialog Semiconductor develops and supplies power management, audio and display driver technology, targeting the wireless, automotive and industrial markets. The company's expertise in mixed signal design, with products manufactured entirely in CMOS technology, enhances the performance and features of wireless, hand-held and portable electronic products. Its technology is also used in intelligent control circuits in automotive and industrial applications. Dialog Semiconductor Plc is headquartered near Stuttgart, Germany with operating facilities in the UK, the USA, Austria, Japan and Taiwan. The company is listed on the Frankfurt (FWB: DLG) and NASDAQ (DLGS) stock exchanges. -0- *T Contact: Dialog Semiconductor, Neue Strabe 95, D-73230 Kirchheim/Teck - Nabern, Germany Telefon +49-7021-805-412 Fax +49-7021-805-200 E-mail dialog@fd.com Internet www.dialog-semiconductor.com James Melville-Ross Financial Dynamics Telefon: +44 207 831 3113 Language: English Issuer: Dialog Semiconductor Plc. Neue Strasse 95 73230 Kirchheim/Teck-Nabern Deutschland Phone: +49 7021 805-0 Fax: +49 7021 805-100 E-mail: martin.kloeble@diasemi.com WWW: www.diasemi.com ISIN: GB0059822006 WKN: 927200 Indices: MIDCAP, PRIMEALL, TECHALLSHARE Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, Dusseldorf, Stuttgart, Munchen, Hamburg; Foreign Exchange(s) Nasdaq *T Dialog Semiconductor Plc. / Delisting Dialog Semiconductor PLC (NASDAQ: DLGS, FWB: DLG), a leading provider of power management semiconductor solutions, announces today that the Company intends to terminate its ADR program (American Depository Receipt) with the Bank of New York and seek a de-listing from NASDAQ. It is currently anticipated that the effective date of the termination of the ADR program and de-listing from Nasdaq will be December 28, 2006. As soon as is reasonably practicable after the termination date, any ordinary shares not previously withdrawn from the ADR program will be sold in the market by the ADR Depositary in accordance with the Deposit Agreement governing the ADR program and the net proceeds of any such sales will be distributed to the holders of those ordinary shares. As soon thereafter as it is eligible to do so, the Company intends to suspend or terminate its registration under the US Securities Exchange Act of 1934, as amended. Any such suspension or termination will also suspend or terminate the Company's periodic reporting obligations under the Exchange Act. The Company intends that its ordinary shares be traded solely on the German stock exchange (Prime Standard) for the near to medium term. Commenting on the announcement Jalal Bagherli, Dialog CEO, said: 'The increasing regulatory burden of NASDAQ both in terms of third party legal and accounting costs and more importantly management resources have not for some time been matched by a corresponding benefit from the NASDAQ listing where ADR trading is light. The primary market for our shares has always been Frankfurt. This decision will permit us to focus our communication efforts on this key market.' Information about Dialog Semiconductor Dialog Semiconductor develops and supplies power management, audio and display driver technology, targeting the wireless, automotive and industrial markets. The company's expertise in mixed signal design, with products manufactured entirely in CMOS technology, enhances the performance and features of wireless, hand-held and portable electronic products. Its technology is also used in intelligent control circuits in automotive and industrial applications. Dialog Semiconductor Plc is headquartered near Stuttgart, Germany with operating facilities in the UK, the USA, Austria, Japan and Taiwan. The company is listed on the Frankfurt (FWB: DLG) and NASDAQ (DLGS) stock exchanges. Contact: Dialog Semiconductor, Neue Strabe 95, D-73230 Kirchheim/Teck - Nabern, Germany Telefon +49-7021-805-412 Fax +49-7021-805-200 E-mail dialog@fd.com Internet www.dialog-semiconductor.com James Melville-Ross Financial Dynamics Telefon: +44 207 831 3113 Language: English Issuer: Dialog Semiconductor Plc. Neue Strasse 95 73230 Kirchheim/Teck-Nabern Deutschland Phone: +49 7021 805-0 Fax: +49 7021 805-100 E-mail: martin.kloeble@diasemi.com WWW: www.diasemi.com ISIN: GB0059822006 WKN: 927200 Indices: MIDCAP, PRIMEALL, TECHALLSHARE Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, Dusseldorf, Stuttgart, Munchen, Hamburg; Foreign Exchange(s) Nasdaq