STMicroelectronics Reports on Resolutions to Be Proposed at the Forthcoming Extraordinary General Meeting of Shareholders

STMicroelectronics Reports on Resolutions to Be Proposed at the Forthcoming
Extraordinary General Meeting of Shareholders

GENEVA, Sept. 27, 2013 (GLOBE NEWSWIRE) -- STMicroelectronics (NYSE:STM), a
global semiconductor leader serving customers across the spectrum of
electronics applications, has announced the resolutions to be submitted for
shareholder adoption at the forthcoming Extraordinary General Meeting of
Shareholders (the "EGM"), which will be held in Schiphol, The Netherlands, on
December 2, 2013.

The resolutions, proposed by the Supervisory Board, are:

  *The distribution of a cash dividend of US$0.10 per outstanding common
    share for each of the fourth quarter of 2013 and first quarter of 2014, to
    be paid to shareholders as per the table below. The amount of the proposed
    fourth quarter of 2013 and first quarter of 2014 cash dividend is stable
    with respect to the previous quarterly dividend distribution and equals a
    4.2% annualized yield on the Company's share price at closing on September
    26, 2013 on the NYSE.
  *An amendment of the Articles of Association of the Company authorizing the
    Supervisory Board, in addition to the General Meeting of Shareholders, to
    resolve upon the distribution of quarterly dividends from the reserves of
    the Company.

The record date for all shareholders to participate at the EGM will be
November 4, 2013. The complete agenda and all relevant detailed information
concerning the EGM, as well as all related EGM materials, will be available on
the Company's web site (www.st.com) and made available to shareholders in
compliance with legal requirements as of September 27, 2013.

The table below summarizes the schedule for the next quarterly dividends:

                                               
Quarter Ex-dividend Global    Payment   NYSE        Transfer between New
       Date        Record    Date in   Payment    York and Dutch registered
       (globally) Date     Europe    Date: on or shares restricted:
                                    after                  
                                               From End of Until Open of
                                               Business in Business in
                                               Europe on:  NY on:
Q4 2013 9-Dec-13    11-Dec-13 12-Dec-13 17-Dec-13   9-Dec-13    12-Dec-13
Q1 2014 24-Mar-14   26-Mar-14 27-Mar-14 1-Apr-14    24-Mar-14   27-Mar-14

About STMicroelectronics

ST is a global leader in the semiconductor market serving customers across the
spectrum of sense and power and automotive products and embedded processing
solutions. From energy management and savings to trust and data security, from
healthcare and wellness to smart consumer devices, in the home, car and
office, at work and at play, ST is found everywhere microelectronics make a
positive and innovative contribution to people's life. By getting more from
technology to get more from life, ST stands for life.augmented.

In 2012, the Company's net revenues were $8.49 billion. Further information on
ST can be found at www.st.com.

ST EGM 2013: http://hugin.info/152740/R/1732027/579367.pdf

CONTACT: For further information, please contact:
         INVESTOR RELATIONS:
         Tait Sorensen
         Group VP, Investor Relations
         STMicroelectronics
         Tel: +1 602 485 2064
         tait.sorensen@st.com
        
         MEDIA RELATIONS:
         Nelly Dimey
         Director, Corporate Media and Public Relations
         STMicroelectronics
         Tel: +33 158 077 785
         nelly.dimey@st.com

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