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    Press Release May 20, 2003
   
 
  Back to the core business


The Board of Management of Rood Testhouse International N.V. (‘Rood Technology’)
announced today that the Scottish group company performing non-core activities will
cease operations.

The sales level of the company’s subsidiary in Livingston, Scotland worsened during the
last two months. Local management has looked for additional financing without success.

As a consequence Rood Technology Livingston can no longer fulfil its financial
obligations. Sales of the first quarter amounted to € 350.000 with a net loss of
€ 150.000. After having consulted the company’s advisors, local management has
decided to stop trading. As the Scottish participating interest has already been written
off completely, it is anticipated that no additional loss will occur.

The discussions with the possible investor will not negatively be impacted as his
interest is in the core business of the group. An important element of the participation
will be the reintegration of Rood Technology Germany by agreeing with the German
banks the transfer of the shareholders’ rights in the German group company back to
Rood Testhouse International N.V.

 
 
  Rood Technology's Services

Rood Technology has more than 30 years experience of providing engineering intensive added value services to the semiconductor industry. These include testing, device programming, tape and reel, and related equipment supply.

For further information:

Rood Testhouse International N.V.
c/o Wolfgang Wagner, CEO
Oettinger Str. 6
86720 Noerdlingen
Germany

Telephone: +49 (0) 90 81 / 804 - 202
Telefax: +49 (0) 90 81 / 804 - 161

E-mail: wolfgang.wagner@rood.de
Web-site: www.roodtechnology.com