Intel to Acquire Xircom for Approximately $748 Million

NOTE: Intel and Xircom executives will host a teleconference to discuss the details of this agreement and answer questions today at 1 p.m. PST. Press and analysts may join the teleconference by dialing (913) 981-5517. The conference call will also be Webcast at www.intc.com. To listen to a replay of the conference call, please call (719) 457-0820, using code number 545199. The replay will be available from 4 p.m. PST on 1/15/01 until 4 p.m. PST on 1/29/01.

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