Maxim Announces Authorization to Repurchase Additional Shares

    Business Editors/High-Tech Writers

    SUNNYVALE, Calif.--(BUSINESS WIRE)--May 12, 2005--Maxim Integrated Products, Inc., (Nasdaq:MXIM) announced today that its Board of Directors has authorized the repurchase of up to 10 million additional shares of its common stock in the open market from time to time from the date of this authorization.
    The number of shares to be repurchased and the timing of those purchases will be based on several factors, including the price of Maxim stock, general market and business conditions, and other factors.
    Maxim Integrated Products is a leading international supplier of quality analog and mixed-signal products for applications that require real world signal processing.

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CONTACT: Maxim Integrated Products, Inc. John F. Gifford, 408-737-7600 Chairman, President and Chief Executive Officer

KEYWORD: CALIFORNIA INDUSTRY KEYWORD: HARDWARE COMPUTERS/ELECTRONICS SOURCE: Maxim Integrated Products, Inc.

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