Geneva, March 19, 2002 - STMicroelectronics (NYSE:STM) announced that effective yesterday, the Company was admitted into the MIB 30 Index. ST has a 7.25% weighting on the Index, making it the 6th largest company on the MIB 30.
The Index is comprised of the 30 leading stocks, based upon market capitalization and liquidity, listed on the Milan Stock Exchange.
A global semiconductor group, ST was simultaneously listed on the New York Stock Exchange and the Paris Stock Exchange in December 1994 and subsequently listed on the Milan Stock Exchange in 1998. ST is part of the CAC 40 (Euronext Paris), the Euronext 100, and the NYSE Composite as well as other key European and U.S. general and technology-specific indices.
About STMicroelectronics
STMicroelectronics, the world's third largest independent semiconductor company, is a global leader in developing and delivering semiconductor solutions across the spectrum of microelectronics applications. An unrivalled combination of silicon and system expertise, manufacturing strength, Intellectual Property (IP) portfolio and strategic partners positions the Company at the forefront of System-on-Chip (SoC) technology and its products play a key role in enabling today's convergence markets. The Company's shares are traded on the New York Stock Exchange, on Euronext Paris and on the Milan Stock Exchange. In 2001, the Company's net revenues were $6.36 billion and net earnings were $257.1 million. Further information on ST can be found at www.st.com.
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