Icahn Reacts to Replacement of Zander

NEW YORK, Nov. 30 /PRNewswire/ -- Carl Icahn commented today on theannouncement by Motorola, Inc. (NYSE: MOT) that it was replacing Edward J.Zander as Motorola's CEO. Mr. Icahn stated as follows: "I believe that thereplacement of Ed Zander as CEO is a positive step for Motorola, but that theaction of the Board was long past due. As I said at Motorola's shareholder'smeeting last year, although I like Ed Zander personally, I never thought thathe was the right man for the job at Motorola. Further, I believe that thesteps announced today do not even begin to address the major problems atMotorola. In my opinion, Motorola should be split into separate companies: amobile devices company; an enterprise mobility company; a connected homecompany; and a company focused on mobile networks infrastructure. Inparticular, I believe that the best opportunity for the mobile devices'business to attract top flight management and to prosper and grow is toestablish it as a stand alone business." Mr. Icahn further indicated that hecontinues to believe that Motorola has strong business components and greatpotential, but that it requires a complete restructuring to achieve thatpotential.

SECURITY HOLDERS ARE ADVISED TO READ THE PROXY STATEMENT AND OTHERDOCUMENTS RELATED TO SOLICITATION OF PROXIES BY MR. ICAHN AND HIS AFFILIATESFROM THE STOCKHOLDERS OF MOTOROLA, INC. WHEN AND IF THEY BECOME AVAILABLEBECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. WHEN AND IF COMPLETED, ADEFINITIVE PROXY STATEMENT AND A FORM OF PROXY WILL BE MAILED TO STOCKHOLDERSOF MOTOROLA, INC. AND WILL BE AVAILABLE AT NO CHARGE AT THE SECURITIES ANDEXCHANGE COMMISSION'S WEBSITE AT HTTP://WWW.SEC.GOV. INFORMATION RELATING TOTHE POTENTIAL PARTICIPANTS IN A POTENTIAL PROXY SOLICITATION IS CONTAINED INTHE SCHEDULE 14A FILED BY MR. ICAHN AND HIS AFFILIATES WITH THE SECURITIES ANDEXCHANGE COMMISSION ON APRIL 9, 2007 WITH RESPECT TO MOTOROLA, INC. THATSCHEDULE 14A RELATES TO THE PREVIOUS PROXY SOLICITATION AND IT IS CURRENTLYAVAILABLE AT NO CHARGE ON THE SECURITIES AND EXCHANGE COMMISSION'S WEBSITE.SOURCE Carl IcahnSusan Gordon, +1-212-702-4309