Intel Senior Vice President Albert Yu To Retire

SANTA CLARA, Calif., June 27, 2002 - Intel Corporation today announced the retirement of Dr. Albert Y. C. Yu, Intel senior vice president and Strategic Programs director.

Yu, 61, is a veteran of the semiconductor industry. He joined Intel in 1972 and has held a number of senior management positions with the company during his career. Most recently, Yu led Intel's international expansion activity, and has been responsible for driving Intel's strategy in the optoelectronics area. Previously, he served as senior vice president and general manager of the Intel Architecture Group, leading Intel's microprocessor development for 16 years, spanning the development of the Intel 386ä processor to the latest Intel® Pentium® 4 processor.

"Albert Yu is well known and highly respected both within Intel and throughout the semiconductor industry," said Craig Barrett, chief executive officer. "Albert has been a key contributor to Intel's success over the years and we wish him well in retirement."

Prior to joining Intel, Yu was with Fairchild Research and Development Lab, based in Palo Alto, Calif., where he managed semiconductor device research and development activities.

Yu received his doctorate and master's degrees from Stanford University and his bachelor's degree from California Institute of Technology, all in electrical engineering.

Yu is on the board of directors of Oak Technology Inc. and the Tech Museum of San Jose, Calif. He has published more than 30 technical papers and two books, "An Insider's View of Intel" (1995) and "Creating the Digital Future" (1998). His retirement will be effective Sept. 5.

Intel and Pentium are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries.

* Other names and brands may be claimed as the property of others.