Advantest Corporation's Proposed Acquisition Of Verigy Ltd.'s Receives Department Of Justice Clearance

Verigy Ltd. announced that it has received notice from the United States Department of Justice, Antitrust Division, of the termination of the waiting period under the Hart-Scott-Rodino (HSR) Act with respect to Advantest's proposed acquisition of Verigy. Verigy's shareholder meeting is scheduled for June 17, 2011. Verigy also announced that the waiting period for regulatory review in Taiwan has expired. On March 28, 2011, Advantest and Verigy entered into a definitive agreement which Advantest would acquire all outstanding Verigy ordinary shares for USD15.00 per share in cash (the Transaction). The total acquisition price would be approximately USD1.1 billion (approximately JPY90.9 billion (based on the exchange rate USD1 = JPY81)).