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Flextronics Shareholders and Solectron Stockholders Approve Acquisition
Date:9/27/2007

SINGAPORE and MILPITAS, Calif., Sept. 27 /PRNewswire-FirstCall/ -- Flextronics International Ltd. (Nasdaq: FLEX) and Solectron Corporation (NYSE: SLR) today announced that Flextronics shareholders and Solectron stockholders have approved the completion of Flextronics's proposed acquisition of Solectron. Solectron stockholders, at a special meeting of Solectron stockholders, voted to adopt the Agreement and Plan of Merger, dated as of June 4, 2007. Flextronics shareholders, at the Flextronics Annual General Meeting, approved the issuance of Flextronics ordinary shares in the acquisition of Solectron.

As previously announced and subject to customary closing conditions, Flextronics expects to complete its acquisition of Solectron on October 1, 2007.

About Flextronics

Headquartered in Singapore (Singapore Reg. No. 199002645H), Flextronics is a leading Electronics Manufacturing Services (EMS) provider focused on delivering complete design, engineering and manufacturing services to automotive, computing, consumer digital, industrial, infrastructure, medical and mobile OEMs. With the acquisition of Solectron, pro forma fiscal year 2007 revenues from continuing operations will be more than US$30 billion. Flextronics helps customers design, build, ship, and service electronics products through a network of facilities in over 30 countries on four continents. This global presence provides design and engineering solutions that are combined with core electronics manufactur
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SOURCE Flextronics International Ltd.
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