Littelfuse Announces Restructuring Plans

CHICAGO--(Business Wire)--
Littelfuse, Inc. (NASDAQ:LFUS) today announced restructuring plans which include
the following:

* The intent to negotiate with the workers` council to transfer manufacturing
from the company`s Duensen, Germany site to Mexico. Research and development,
sales and other functions will remain in Germany.
* The intent to negotiate closure of a company-owned distribution center in the
Netherlands and distribute products in Europe through a third-party logistics
provider.
* Plans to consolidate the company`s Taiwan wafer fabrication facility (acquired
as part of the Concord Semiconductor acquisition in 2006) into Wuxi, China.
* Consolidation of certain support activities into the company`s existing
low-cost sites.
* Other workforce reductions due to functional realignment and job elimination.

The company expects to book restructuring charges of approximately $5-8 million
pre-tax over the next several quarters related to these announcements. These
restructuring activities are expected to begin in the third quarter of 2009 and
be fully complete by the end of 2010. The annual savings from these activities
are expected to be approximately $7 million.

"These latest restructuring plans are consistent with our overall themes of
reducing sites, moving activities to low-cost locations and moving to a leaner
and flatter organizational structure," said Gordon Hunter, Chief Executive
Officer. "These were difficult decisions that affect many Littelfuse associates
who have contributed to our success. However, we believe that these moves are in
the best interest of our company, our customers and our shareholders over the
long term."

About Littelfuse

As the worldwide leader in circuit protection products and solutions with annual
sales of $530.9 million in 2008, the Littelfuse portfolio is backed by
industry-leading technical support, design and manufacturing expertise.
Littelfuse products are vital components in virtually every product that uses
electrical energy, including automobiles, computers, consumer electronics,
handheld devices, industrial equipment and telecom/datacom circuits. Littelfuse
offers Teccor®, Wickmann®
and Pudenz® brand circuit protection products. In addition to its Chicago,
Illinois, world headquarters, Littelfuse has sales, distribution, manufacturing
and engineering facilities in Brazil, Canada, China, England, Germany, Hong
Kong, India, Ireland, Japan, Korea, Mexico, the Netherlands, the Philippines,
Singapore, Taiwan and the U.S.

For more information, please visit Littelfuse`s web site at www.littelfuse.com.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of
1995.

The statements in this press release that are not historical facts are intended
to constitute "forward-looking statements" entitled to the safe-harbor
provisions of the PSLRA. These statements may involve risks and uncertainties,
including, but not limited to, risks relating to product demand and market
acceptance, economic conditions, the impact of competitive products and pricing,
product quality problems or product recalls, capacity and supply difficulties or
constraints, coal mining exposures reserves, failure of an indemnification for
environmental liability, exchange rate fluctuations, commodity price
fluctuations, the effect of the company`s accounting policies, labor disputes,
restructuring costs in excess of expectations, pension plan asset returns less
than assumed, integration of acquisitions and other risks which may be detailed
in the company`s other Securities and Exchange Commission filings. Should one or
more of these risks or uncertainties materialize or should the underlying
assumptions prove incorrect, actual results and outcomes may differ materially
from those indicated or implied in the forward-looking statements. This report
should be read in conjunction with information provided in the financial
statements appearing in the company`s Annual Report on Form 10-K for the year
ended December 27, 2008. For a further discussion of the risk factors of the
company, please see Item 1A. "Risk Factors" to the company`s Annual Report on
Form 10-K for the year ended December 27, 2008.

Littelfuse, Inc.
Phil Franklin,
Vice President, Operations Support, CFO and Treasurer
(773) 628-0810

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