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Manufacturer Code: LEGERITY

Zarlink signed an agreement to acquire Legerity Holdings, Inc. – US$134.5 million, funded through Zarlink’s cash reserve and a US$50 million bridge loan – Transaction expected to close in late July ƒ Combined company will trade as Zarlink (ZL) on NYSE/TSX, Legerity will become a wholly owned subsidiary ƒ Zarlink network products to be combined with Legerity to form new Wired Communications product group – To be led by Hank Perret, Legerity President and CEO

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