Micrel Confirms Receipt of Director Nomination Proposal

SAN JOSE, Calif.--(Business Wire)--
Micrel, Incorporated (Nasdaq: MCRL) reported today that it has
received notice from Obrem Capital Management LLC and certain of its
affiliates that Obrem intends to nominate directors for election to
Micrel's Board of Directors at the Company's 2008 annual meeting of
shareholders.

The notice will be forwarded to the Nominating and Corporate
Governance Committee of the Company's Board of Directors for review.
At this time, no action by Micrel's shareholders is necessary.

About Micrel, Incorporated

Micrel, Incorporated is a leading global manufacturer of IC
solutions for the worldwide analog, Ethernet and high bandwidth
markets. The Company's products include advanced mixed-signal, analog
and power semiconductors; high performance communication, clock
management, Ethernet switch and physical layer transceiver ICs.
Company customers include leading manufacturers of enterprise,
consumer, industrial, mobile, telecommunications, automotive, and
computer products. Corporation headquarters and state-of-the-art wafer
fabrication facilities are located in San Jose, California with
regional sales and support offices and advanced technology design
centers situated throughout the Americas, Europe and Asia. In
addition, the Company maintains an extensive network of distributors
and reps worldwide. Web: http://www.micrel.com.

IMPORTANT INFORMATION / SOLICITATION PARTICIPANTS LEGEND

The Company intends to file a proxy statement with the Securities
and Exchange Commission in connection with its 2008 annual meeting of
shareholders, which will be mailed to shareholders along with a white
proxy card. Micrel, Incorporated and its directors and executive
officers may be deemed to be participants in the solicitation of
proxies from the shareholders of Micrel, Incorporated in connection
with the 2008 annual meeting of shareholders. Information regarding
the interests of these directors and executive officers in connection
with the matters to be voted on at the 2008 annual meeting of
shareholders will be included in the proxy statement filed by Micrel,
Incorporated in connection with such meeting. In addition, Micrel,
Incorporated files annual, quarterly and special reports, proxy and
information statements, and other information with the SEC. These
documents are available, and the proxy statement for the 2008 annual
meeting of shareholders, when it is filed, will be available free of
charge at the SEC's web site at www.sec.gov or from Micrel,
Incorporated at www.micrel.com. SHAREHOLDERS ARE URGED TO READ THE
PROXY STATEMENT CAREFULLY WHEN IT IS AVAILABLE, AS IT WILL CONTAIN
IMPORTANT INFORMATION THAT SHAREHOLDERS SHOULD CONSIDER BEFORE MAKING
ANY VOTING OR INVESTMENT DECISION.

Investor:
Micrel, Incorporated
Richard Crowley, 408-944-0800
or
Media:
Sard Verbinnen & Co
Paul Kranhold/Andrew Cole
415-618-8750

Copyright Business Wire 2008