AMD Appoints Steven Geiser Vice President of Finance for its Memory Group

Sunnyvale, CA -- 9/10/2002 -- AMD (NYSE: AMD) today announced the promotion of Steven Geiser to vice president of Finance for its Memory Group. In this role, he will work in partnership with the executive team for AMD’s Memory Group to set strategic direction and enhance profitability. Geiser will oversee all areas of finance for the business unit, including its manufacturing operations at Fab 25 in Austin, Texas, three Fujitsu AMD Semiconductor Ltd. (FASL) joint venture fabs in Aizu-Wakamatsu, Japan; and assembly and test operations in Suzhou, China and Bangkok, Thailand. He will continue to report to Robert J. Rivet, AMD’s chief financial officer.

Geiser joined AMD in 1994 as a financial analyst. Following rotational assignments in corporate cost accounting and AMD’s Programmable Logic Division, he joined AMD’s Manufacturing Services Division (MSD) as an analyst supporting the company’s Singapore test, mark and pack facility. In 1996, he was promoted to financial controller for MSD. Geiser was named finance director for AMD’s Memory Group team in 2000, responsible for Memory Group profit and loss, inventory forecasting, and finance activity for FASL.

“During his tenure at AMD, Steve has demonstrated outstanding knowledge, skill and passion for his work and has taken the leadership role on numerous strategic and tactical projects,” said Rivet. “With his proven track record as a finance business partner, I am confident that he will continue to contribute to the success of AMD’s Memory Group.”

Geiser holds a bachelor’s degree in electrical engineering from the University of California, Los Angeles and an MBA in finance from the University of Southern California.

About AMD Flash Memory Devices
AMD’s technology is employed by the world's largest producer of Flash memory devices, Fujitsu AMD Semiconductor Ltd. (FASL). AMD Flash memory products encompass a broad spectrum of densities and features to support a wide range of markets. AMD Flash memory customers represent leaders in the automotive, networking, telecommunications, and handheld mobile terminal markets. AMD offers many Flash memory products, such as the award-winning simultaneous read-write (SRW) product family; super low voltage 1.8V Flash memory devices; and burst- and page-mode devices. AMD developed the robust Known Good Die (KGD) program and the patented negative gate erase technology, and developed highly reliable Fine-pitch Ball Grid Array packaging.

AMD’s Flash Memory products have received numerous customer service, quality and technology awards. Cisco Systems, Nortel Networks, Samsung, the Bosch Group, and Volkswagen have all awarded AMD their top supplier awards.

About AMD
AMD is a global supplier of integrated circuits for the personal and networked computer and communications markets with manufacturing facilities in the United States, Europe, Japan, and Asia. AMD, a Fortune 500 and Standard & Poor’s 500 company, produces microprocessors, Flash memory devices, and support circuitry for communications and networking applications. Founded in 1969 and based in Sunnyvale, California, AMD had revenues of $3.9 billion in 2001. (NYSE: AMD)