<P><FONT face=Arial size=2>Wolfson Microelectronics believes that growth in new and existing classes of high volume portable media devices, requiring high fidelity audio, will drive demand for
new chipsets. New applications like DVD-RW, wireless-enabled Hi-Fi, LCD-TV, VoIP and automotive entertainment are continuing to emerge. Portable multimedia devices, like multi-media phones, DSC and MP3 players, are being differentiated with improved performance and functionality, driving a need for more integrated mixed-signal solutions. In the next year, Wolfson intends to not only release new, integrated
mixed-signal audio chips to leverage existing analogue technologies into emerging markets, but will also be developing complementary analogue strengths to extend their reach into existing markets.</FONT></P><P><FONT face=Arial size=2>[
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