EANS-Adhoc: ams AG / AMS AG ("AMS") - STATEMENT REGARDING DIALOG SEMICONDUCTOR PLC ("DIALOG SEMICONDUCTOR")

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Mergers - Acquisitions - Takeovers
22.07.2014

Unterpremstaetten, Austria, 22 July 2014 - On 26 June 2014, AMS
(SIX: AMS) and Dialog Semiconductor announced they were in
preliminary discussions regarding a potential merger of equals of AMS
and Dialog Semiconductor.

AMS has subsequently terminated these discussions with Dialog
Semiconductor and confirms that it does not intend to make an offer
for Dialog Semiconductor.

As a consequence of this announcement, AMS will, except with the
consent of the Takeover Panel, be bound by the restrictions on making
an offer for Dialog Semiconductor contained in Rule 2.8 of the UK
Takeover Code for six months from the date of this announcement.
However, AMS reserves the right to make an offer in the circumstances
set out in Note 2 on Rule 2.8 of the UK Takeover Code.

Enquiries:

AMS

Michael Wachsler-Markowitsch, CFO +43 (0) 3136 500 31111
Moritz Gmeiner, Investor Relations +43 (0) 3136 500 31211

About AMS

ams develops and manufactures high performance analog semiconductors
that solve its customers' most challenging problems with innovative
solutions. ams' products are aimed at applications which require
extreme precision, accuracy, dynamic range, sensitivity, and
ultra-low power consumption. ams' product range includes sensors,
sensor interfaces, power management ICs and wireless ICs for
customers in the consumer, industrial, medical, mobile communications
and automotive markets.

With headquarters in Austria, ams employs over 1,400 people globally
and serves more than 7,800 customers worldwide. ams is listed on the
SIX Swiss stock exchange (ticker symbol: AMS). More information about
ams can be found at www.ams.com

Note 2 of the UK Takeover Code

Note 2 of the UK Takeover Code reads as follows:

"2. When a statement may be set aside

Except with the consent of the Panel, a statement to which Rule 2.8
applies may be set aside only if:

(a) the board of the offeree company agrees to the statement being set
aside. Where the statement was made at any time following the announcement by a
third party of a firm intention to make an offer, the statement may not normally
be set aside with the agreement of the board of the offeree company unless that
offer has been withdrawn or has lapsed;

(b) a third party announces a firm intention to make an offer for the
offeree company;

(c) the offeree company announces a ''whitewash'' proposal (see Note 1 of
the Notes on Dispensations from Rule 9) or a reverse takeover;

(d) the Panel determines that there has been a material change of
circumstances; or

(e) the statement was made outside an offer period and an event
has occurred which was specified in the statement as being an event
which would enable the statement to be set aside (see Note 1).

The Panel will normally regard a switch by a third party offeror from
a scheme of arrangement to a contractual offer in accordance with
Section 8 of Appendix 7, or an announcement of its firm intention to
do so, as a material change of circumstances under paragraph (d).
However, a switch from a contractual offer to a scheme of arrangement
will not normally be regarded as a material change of circumstances."

See UK Takeover Code at www.thetakeoverpanel.org.uk/the-code/

Further inquiry note:
Moritz M. Gmeiner
Director Investor Relations
Tel: +43 3136 500-31211
Fax: +43 3136 500-931211
Email: investor@ams.com

end of announcement euro adhoc
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issuer: ams AG
Tobelbader Strasse 30
A-8141 Unterpremstaetten
phone: +43 3136 500-0
FAX: +43 3136 500-931211
mail: investor@ams.com
WWW: www.ams.com
sector: Technology
ISIN: AT0000920863
indexes:
stockmarkets: official dealing: SIX Swiss Exchange
language: English