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A Closer Look at Micron Technology, Inc. · Source: Bloomberg; Company Reports Samsung Micron SanDisk Qimonda M-Systems Omni Vision ... Microsoft PowerPoint - Mike Reynoldson About

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  • 1/5/2007

    A Closer Look atMicron Technology, Inc.

    2005 Micron Technology, Inc. All rights reserved. Products are warranted only to meet Microns production data sheet specifications. Information, products and/or spe39cifications are subject to change without notice. All information is provided on an AS IS basis without warranties of any kind. Dates are estimates only. Drawings not to scale. Micron and the Micron logo are trademarks of Micron Technology, Inc. All other trademarks are the property of their respective owners.Rev. A, 05/05

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    2005 Micron Technology, Inc. All rights reserved.

    Micron Overview

    Incorporated 1978, Boise, Idaho

    ~ 11,000 employees in Treasure Valley

    ~21,000 worldwide

    Stock Information

    Traded on the NYSESymbol, MU

    Only US producer of DRAM

    Three Additional Divisions

    Crucial Technology Meridian, ID

    SpecTek Nampa, ID

    Lexar San Jose, CA

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    2005 Micron Technology, Inc. All rights reserved.

    Global Presence

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    2005 Micron Technology, Inc. All rights reserved.

    Micron Today

  • 2006 Micron Technology, Inc. All rights reserved.

    New Products Fuel Growth

    Wireless Security Camera with Webcams

    Reliable Low Power Memory and Quality Imaging

    User Authentication,Low Power Memory, Virtual Keyboard

    Lane Occupancy, Safety, Back Up Cameras

    Wireless, PictBridge, Stabilization, High Density Memory

    Medical Cameras

    Avatar IM Video Conferencing and Real-time Creation, User Interaction

    Disposable Digital Cameras

  • 2006 Micron Technology, Inc. All rights reserved.

    Net Cash Position(dollars in millions)

    $3,079Cash & short-term investments$571Total debt

    $2,508Net cash & short-term investments

    Total debt to equity ratio

    As of August 31, 2006

    7%

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    2005 Micron Technology, Inc. All rights reserved.

    Net Cash Position Relative to Peers(dollars in millions; as of most recent quarter)

    Source: Bloomberg; Company Reports

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    2006 Micron Technology, Inc. All rights reserved.

  • 2006 Micron Technology, Inc. All rights reserved.

    Microns execution fuelsthree consecutive years of profitability

    $408M$188M$157M

    200620052004

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    2005 Micron Technology, Inc. All rights reserved.

    Diversification Execution

    Source Micron Market Research

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    2005 Micron Technology, Inc. All rights reserved.

    UtahIdaho Virginia Puerto Rico Scotland Italy SingaporeJapan Singapore JV

    Global Market, Global Customers

    Source: Micron Market Research

    Americas

    34%Americas

    34%Asia

    52%

    EMEA

    14%

    2006

    Americas

    37%Americas

    37%Asia

    43%

    EMEA

    20%

    2005

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    2005 Micron Technology, Inc. All rights reserved.

    Micron in the News

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    2005 Micron Technology, Inc. All rights reserved.

    Micron in the News

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    2005 Micron Technology, Inc. All rights reserved.

    Micron RankedWorlds Most Valuable Patent Portfolio

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    2005 Micron Technology, Inc. All rights reserved.

    Microns Idaho R&D and Capex Expenditures

    FY-06

    $610M

    FY-06

    Capex

    $469MR&D

    FY-07

    $913M

    FY-07

    Capex

    $448MR&D

  • 1/5/2007 15

    2005 Micron Technology, Inc. All rights reserved.

    Micron Employees and Payroll in Idaho

    9,500

    Full timeemployees

    2003 2003

    $511M

    Payroll

    10,900

    Full timeemployees

    2006 2006

    Payroll

    $733M

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    2005 Micron Technology, Inc. All rights reserved.

    Annual Idaho Taxes Paid by Micron Employees

    $44.9

    $25.7

    $14.3

    $4.9$1.1

    Property tax

    PersonalIncome tax

    Sales tax

    Fuel tax

    Other taxes

    $ m

    illio

    n

    2005

    $90.9 milliontotal tax dollars

  • 1/5/2007 17

    2005 Micron Technology, Inc. All rights reserved.

    Total Idaho Taxes Paid by Micron

    $56.5 million> $13.0 million in property taxes

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    2005 Micron Technology, Inc. All rights reserved.

    Combined Revenue Impact of Micron and Micron Employees

    Tax Revenues to Local Government and Schools $95.6M

    Cost of Providing Local Government and Schools $53.7M

    Net Benefit to Local Government and Schools $41.9M

  • 2005 Micron Technology, Inc. All rights reserved.