Avago Technologies Authorizes 2013 Share Repurchase Program to Replace Expiring 2012 Share Repurchase Program

Avago Technologies Authorizes 2013 Share Repurchase Program to Replace
Expiring 2012 Share Repurchase Program

SAN JOSE, Calif. and SINGAPORE, April 11, 2013 (GLOBE NEWSWIRE) -- Avago
Technologies Limited (Nasdaq:AVGO), a leading supplier of analog interface
components for communications, industrial and consumer applications, today
announced that its Board of Directors has approved a share repurchase program
for 2013 authorizing the Company to repurchase up to 20 million of its
ordinary shares. This replaces the 2012 share repurchase program for up to 15
million shares announced by the Company onApril 5, 2012, which expired
immediately prior to the Company's 2013 annual general meeting of shareholders
onApril 10, 2013.

The 2013 share repurchase program was adopted pursuant to the share purchase
mandate approved by the Company's shareholders at its 2013 annual general
meeting. The share purchase mandate authorizes the repurchase by the Company
of up to 10 percent of its outstanding ordinary shares up to the date of the
Company's 2014 annual general meeting.

The 2013 share repurchase program does not obligate the Company to repurchase
any specific number of shares and may be suspended or terminated at any time
without prior notice. Share repurchases, if any, will be made in the open
market at such times and in such amounts as the Company deems appropriate. The
Company intends to effect any such share repurchases in compliance with
Securities and Exchange Commission Rule 10b-18 or pursuant to a trading plan
adopted pursuant to Rule 10b5-1. The timing and actual number of shares
repurchased will depend on a variety of factors including price, market
conditions and applicable legal requirements.

About Avago Technologies Limited

Avago Technologies Limited is a leading designer, developer and global
supplier of a broad range of analog semiconductor devices with a focus on
III-V based products. Our product portfolio is extensive and includes
thousands of products in three primary target markets:wireless
communications, wired infrastructure and industrial & other.

Cautionary Note Regarding Forward-Looking Statements

This announcement contains forward-looking statements which address our
expected future business and financial performance.These forward-looking
statements are based on current expectations, estimates, forecasts and
projections of future Company or industry performance, based on management's
judgment, beliefs, current trends and market conditions, and involve risks and
uncertainties that may cause actual results to differ materially from those
contained in the forward-looking statements.Accordingly, we caution you not
to place undue reliance on these statements.For Avago, particular
uncertainties that could materially affect future results include global
economic conditions and concerns; cyclicality in the semiconductor industry or
in our target markets; quarterly and annual fluctuations in operating results;
loss of our significant customers; increased dependence on the volatile,
wireless handset market; our competitive performance and ability to continue
achieving design wins with our customers; our dependence on contract
manufacturing and outsourced supply chain and our ability to improve our cost
structure through our manufacturing outsourcing program; prolonged disruptions
of our or our contract manufacturers' manufacturing facilities or other
significant operations; our dependence on outsourced service providers for
certain key business services and their ability to execute to our
requirements; our ability to maintain gross margin; our ability to maintain
tax concessions in certain jurisdictions; our ability to protect our
intellectual property and any associated increases in litigation expenses;
dependence on and risks associated with distributors of our products; any
expenses associated with resolving customer product and warranty and
indemnification claims; our ability to achieve the growth prospects and
synergies expected from acquisitions we may make; delays, challenges and
expenses associated with integrating acquired companies with our existing
businesses; and other events and trends on a national, regional and global
scale, including those of a political, economic, business, competitive and
regulatory nature.Our Report on Form 10-Q filed on March 14, 2013 and other
filings with the Securities and Exchange Commission, or "SEC" (which you may
obtain for free at the SEC's website at http://www.sec.gov) discuss some of
the important risk factors that may affect our business, results of operations
and financial condition. We undertake no intent or obligation to publicly
update or revise any of these forward looking statements, whether as a result
of new information, future events or otherwise, except as required by law.

CONTACT: Thomas Krause
         VP Corporate Development
         +1 408 435 7400
         investor.relations@avagotech.com

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