NetApp Announces Offering of Senior Notes

NetApp Announces Offering of Senior Notes 
SUNNYVALE, CA -- (Marketwire) -- 12/05/12 --  NetApp, Inc. (NASDAQ:
NTAP) today announced that it intends to offer, subject to market and
other conditions, senior unsecured notes under an effective shelf
registration statement on file with the Securities and Exchange
Commission. The offering and the final terms of the senior notes,
including principal amount, interest rate and maturity will depend on
market and other conditions at the time of pricing. 
NetApp intends to use the net proceeds from this offering for general
corporate purposes, which may include repayment of certain
indebtedness, capital expenditures, possible stock repurchases,
working capital and potential acquisitions and strategic
J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC are acting as
joint book-running managers. 
This press release does not constitute an offer to sell or the
solicitation of an offer to buy any of the senior notes or any other
securities nor shall there be any sale of the senior notes or any
other securities in any state in which such offer, solicitation or
sale would be unlawful prior to registration or qualification under
the securities laws of any such state. The offering of senior notes
may be made only by means of a preliminary prospectus supplement and
the accompanying prospectus, copies of which can be obtained from: 
J.P. Morgan Securities LLC
 383 Madison Ave.
 New York, New York
 Attention: Investment Grade Syndicate Desk
 Tel: (212)
 Fax: (212) 834-6081 
Morgan Stanley & Co. LLC
 180 Varick Street
 New York, New York
 Attention: Prospectus Department
 Tel: (866) 718-1649 
About NetApp 
NetApp creates innovative storage and data management solutions that
deliver outstanding cost efficiency and accelerate business
breakthroughs. Discover our passion for helping companies around the
world go further, faster. 
Cautionary Statement:  
The statements in this release relating to the terms and timing of
the proposed offering and the expected use of proceeds from the
offering are forward-looking statements made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of
1995. These statements involve risks and uncertainties that could
cause actual results to differ materially, including, but not limited
to, whether or not NetApp will offer the senior notes or consummate
the offering, the final terms of the offering, prevailing market
conditions, the anticipated principal amount of the senior notes
which could differ based upon market conditions, the anticipated use
of the proceeds of the offering which could change as a result of
market conditions or for other reasons, interest rates and corporate
considerations and the impact of general economic, industry or
political conditions in the United States or internationally.  
Investors in NetApp's securities are cautioned not to place undue
reliance on its forward-looking statements, which speak only as of
the date such statements are made. NetApp does not undertake any
obligation to publicly update any forward-looking statements to
reflect events, circumstances or new information after this December
5, 2012 press release, or to reflect the occurrence of unanticipated
Press Contact:
Ryan Lowry
(408) 822-7544 
Investor Contact:
Kris Newton
(408) 822-3312 
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