STMicroelectronics Shareholders Adopt All Resolutions at the 2013 Extraordinary General Meeting

STMicroelectronics Shareholders Adopt All Resolutions at the 2013
Extraordinary General Meeting

Geneva, Switzerland, Dec. 2, 2013 (GLOBE NEWSWIRE) -- Schiphol, The
Netherlands, December 2, 2013 - STMicroelectronics (NYSE:STM), a global
semiconductor leader serving customers across the spectrum of electronics
applications, announces that all the proposed resolutions were adopted at the
Company's Extraordinary General Meeting of Shareholders (the "EGM"), which was
held in Schiphol, The Netherlands, on December 2, 2013.

The resolutions, proposed by the Supervisory Board, were:

  *The distribution, in line with the Distribution Policy of the Company, of
    a cash dividend of US$0.10 per common share for each of the fourth quarter
    of 2013 and first quarter of 2014, to be paid in December 2013 and March
    2014, respectively, to shareholders of record in the month of each
    quarterly payment. The amount of the fourth quarter of 2013 and first
    quarter of 2014 cash dividend is stable with respect to the previous
    quarterly dividend distribution and equals a 5.1% annualized yield on the
    Company's share price at closing on November 29, 2013 on the NYSE. The
    first payment date will be on December 12, 2013 for Euronext Paris and
    Borsa Italiana and on December 17 for the New York Stock Exchange (For
    additional details on the dividend payment and ex-dividend dates, please
    refer to the table below).
  *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.

"Today's decision by ST's shareholders, to maintain a quarterly dividend of
$0.10 per share, reflects the certainty now on the execution of our exit from
ST-Ericsson as well as ST's confidence on combined future cash flow and solid
capital structure." said STMicroelectronics President and CEO Carlo Bozotti.
"The 5.1% yield on the current share price is well deserved by our
shareholders who accompanied ST through this year of transition".

The complete agenda and all relevant detailed information concerning the EGM,
as well as all related EGM materials, are available on the Company's web site
(www.st.com) and have been available to shareholders in compliance with legal
requirements.

The draft minutes of the EGM will be posted on the General Meeting of
Shareholders page of the Company website at www.st.com within the month of
December 2013.

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

        Ex-dividend Global      Payment   NYSE      Transfer between New York
Quarter Date        Record Date Date in   Payment   and Dutch registered
        (globally)              Europe    Date      shares restricted:
                                                    From End of     Until Open
                                               Business in     of
                                                    Europe on:      Business
                                                                    in NY on:
Q4 2013 09-Dec-13   11-Dec-13   12-Dec-13 17-Dec-13 09-Dec-13       12-Dec-13
Q1 2014 24-Mar-14   26-Mar-14   27-Mar-14 01-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.

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

EGM press release http://hugin.info/152740/R/1746993/588192.pdf

HUG#1746993

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