STMicroelectronics Reports on Main Resolutions to be Proposed at the 2014 Annual General Meeting of Shareholders

STMicroelectronics Reports on Main Resolutions to be Proposed at the 2014
Annual General Meeting of Shareholders

GENEVA, Switzerland, April 28, 2014 (GLOBE NEWSWIRE) -- STMicroelectronics
(NYSE:STM), a global semiconductor leader serving customers across the
spectrum of electronics applications, has announced the main resolutions to be
submitted for shareholder adoption at the Company's Annual General Meeting of
Shareholders which will be held in Amsterdam, the Netherlands, on June 13,

The main resolutions, proposed by the Supervisory Board, include:

  *The reappointment of Mr. Carlo Bozotti as the sole member of the Managing
    Board and the Company's President and Chief Executive Officer for a
    three-year term, expiring at the 2017 Annual General Meeting;
  *The reappointment for a three-year term, expiring at the 2017 Annual
    General Meeting, of the following members of the Supervisory Board:
    Messrs. Didier Lombard, Jean d'Arthuys, Jean-Georges Malcor and Alessandro
  *The appointment as new members of the Supervisory Board, for a three-year
    term expiring at the 2017 Annual General Meeting, of: Ms Heleen Kersten
    and Mr. Maurizio Tamagnini in replacement of Mr. Tom de Waard and
    Mr.Bruno Steve, whose terms will expire;
  *The adoption of the Company's 2013 Statutory Annual Accounts prepared in
    accordance with International Financial Reporting Standards. The
    Statutory Annual Accounts for the year ended December 31, 2013, are posted
    on the Company's website and were filed with the Netherlands Authority
    for the Financial Markets (AFM) on April 28, 2014;
  *The distribution of a cash dividend of US$0.10 in the second quarter of
    2014, and of US$0.10 in the third quarter of 2014, per common share, to be
    paid in June and September of 2014, respectively, to shareholders of
    record in the month of each quarterly payment as per the table below. The
    amount of the proposed second and third quarter of 2014 cash dividend is
    stable with respect to previous quarterly dividend distributions;
  *The appointment of PricewaterhouseCoopers Accountants the Company's
    external auditor for the 2014 and 2015 financial years.

The record date for all shareholders to participate at the Annual General
Meeting of Shareholders will be May 16, 2014. The complete agenda and all
relevant detailed information concerning the Annual General Meeting of
Shareholders, as well as all related AGM materials are available on the
Company's web site ( and made available to shareholders in
compliance with legal requirements as of April 28, 2014.

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

            Ex-dividend Global    Payment   NYSE      Transfer between New
Quarter     Date        Record    Date in   Payment   York and Dutch
            (globally)  Date      Europe    Date: on  registered shares
                                            or after  restricted:
                                                      From End of    Until
                                                 Business in    Open of
                                                      Europe on:     Business
                                                                     in NY on:
Q22014     23-Jun-14   25-Jun-14 26-Jun-14 01-Jul-14 23-Jun-14      26-Jun-14
Q32014     22-Sep-14   24-Sep-14 25-Sep-14 30-Sep-14 22-Sep-14      25-Sep-14
Q42014^(*) 15-Dec-14   17-Dec-14 18-Dec-14 23-Dec-14 15-Dec-14      18-Dec-14
Q12015^(*) 23-Mar-15   25-Mar-15 26-Mar-15 31-Mar-15 23-Mar-15      26-Mar-15

(*) The fourth quarter 2014 and first quarter 2015 dividends will be decided
during the fourth quarter of 2014.

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 2013, the Company's net revenues were $8.08 billion. Further information on
ST can be found at

For further information, please contact:

INVESTORRELATIONS:                            :
Tait Sorensen
Group VP, Investor Relations                   
Tel: +1 602 485 2064
Nelly Dimey
Director, Corporate Media and Public Relations
Tel: + 331 5807 77 85

ST resolutions AGM 2014


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