November 28, 2006 -- National Semiconductor Corporation (NYSE:NSM) today announced that it will voluntarily withdraw the listing of its common stock from NYSE Arca, formerly the Pacific Exchange. The company’s common stock will continue to be listed on the NYSE.
National plans to withdraw its listing from NYSE Arca in order to reduce costs and administrative burdens associated with listing on two exchanges. The NYSE recently merged with Archipelago Holdings, the parent company of NYSE Arca.
National does not expect the liquidity of its stock to be impacted by the decision to delist from NYSE Arca.
About National Semiconductor
National Semiconductor, the industry's premier analog company, creates high performance analog devices and subsystems. National's leading-edge products include power management circuits, display drivers, audio and operational amplifiers, communication interface products and data conversion solutions. National's key analog markets include wireless handsets, displays and a variety of broad electronics markets, including medical, automotive, industrial, and test and measurement applications. Headquartered in Santa Clara, California, National reported sales of $2.16 billion for fiscal 2006, which ended May 28, 2006. Additional company and product information is available at www.national.com.
