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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, 2014.  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     Rivera;        *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 N.V.as 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 (www.st.com) 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 www.st.com.  For further information, please contact: STMicroelectronics  INVESTORRELATIONS:                            : Tait Sorensen Group VP, Investor Relations                    Tel: +1 602 485 2064 tait.sorensen@st.com MEDIARELATIONS Nelly Dimey Director, Corporate Media and Public Relations Tel: + 331 5807 77 85 nelly.dimey@st.com  ST resolutions AGM 2014 http://hugin.info/152740/R/1780717/608921.pdf  HUG#1780717  STMicroelectronics logo  
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