Marvell Technology Group (MRVL)

Marvell Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995:

This release contains forward-looking statements based on projections and assumptions about Marvell products and markets and about the pending acquisition.  Words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “may,” “will,” “should,” and their variations identify forward-looking statements.  Statements that refer to or are based on projections, uncertain events or assumptions also identify forward-looking statements. Forward-looking statements include statements regarding the timing of the expected closing of the acquisition, the recording of a charge for in-process research and development, expectations regarding the number of employees of the acquired business expected to become employees of Marvell, and expectations regarding the manufacturing of the products of the businesses to be acquired from Intel. These statements are not guarantees of results and are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements. These risks and uncertainties include, but are not limited to, risks related to the fact that the closing of the acquisition may be delayed or may not occur, including risks relating to satisfaction of the conditions to closing of the acquisition, the risk that Marvell may not realize the anticipated benefits of the acquisition, the risk that Marvell may not retain the customer relationships of the application and communication processor business of Intel, risks associated with shifting production to Marvell’s foundries, and other risks associated with acquisitions, including the ability to successfully integrate the acquired technologies or operations, the potential for unexpected liabilities, the potential diversion of management’s attention and our ability to retain key employees of acquired businesses. For other factors that could cause Marvell’s results to vary from expectations, please see the risks detailed from time to time in Marvell’s filings with the Securities and Exchange Commission, including its quarterly report on Form 10-Q for the fiscal quarter ended April 29, 2006. Marvell undertakes no obligation to revise or update publicly any forward-looking statements.