2200 Mission College Blvd.
P.O. Box 58119
Santa Clara, CA 95052-8119
CONTACT: Chuck Mulloy
INTEL SUCCESSFULLY COMPLETES OFFER FOR
CHIPS AND TECHNOLOGIES, INC.
SANTA CLARA, Calif., Jan. 21, 1998 - Intel Corporation today announced the successful completion of the
tender offer by its subsidiary, Intel Enterprise Corporation, for all outstanding shares of common stock of Chips
and Technologies, Inc. Approximately 23,162,979 shares of Chips and Technologies common stock were
tendered, and accepted representing approximately 97.6 percent of such shares outstanding (includes shares
tendered by guaranteed delivery).
Intel also announced that it intends to complete its acquisition of Chips and Technologies remaining shares of
common stock prior to January 31, 1998, by merging Intel Enterprise Corporation into Chips and Technologies.
Intel, the world's largest chip maker, is also a leading manufacturer of personal computer, networking, and
communications products. Additional