Melexis Q3 2006 results

Intermediate declaration by the Board of Directors
Ieper, Belgium - November 8th, 2006, 07.00 hrs CET

Revenues for the third quarter were 49.8 million EUR, an increase of 16 % compared to the same quarter of the previous year.
Gross margin was 20.9 million EUR, an increase of 17 % compared to the same quarter last year.
The operating result was at 10,7 million EUR, an increase of 23 % compared to the same quarter in the previous year.
Net profit was 8.5 million EUR, 20 cent per share, an increase of 27 % over the same quarter 2005.
R&D expenses were at 13.4 % of sales, Selling and G&A were stable at 7 % of sales.

For the full year 2006, we expect a sales growth of 16-17 % compared to 2005. The net profit margin will be approximately 17 %.
For 2007, we expect an increase in revenues of 10-15 %, with a net profit margin in the range of 16-18 %.

Rudi De Winter comments:
"Growth in Q3 is mainly driven by sales of ASSPs (Application Specific Standard Product). Sales in ASSPs amounted to 45 % of total sales in Q3, compared to 37 % in the same quarter in 2005, proving Melexis' strategy to enter the automotive ASSP market 10 years ago to be very successful."

Financial calendar
- Release of annual results: February 7, 2007
- Shareholders Meeting: April 20, 2007
- Release of Q1-results: April 25, 2007
- Release of H1-results: July 31, 2007
- Release of Q3-results: October 24, 2007