VELDHOVEN, the Netherlands, February 20, 2004 - ASML Holding NV (ASML) today announced that it would implement the Netherlands segment of its restructuring plan in March, after reaching agreement with the company's works council. The restructuring was revealed in July 2003 and has already been implemented in Asia and the U.S.
ASML will reduce 305 positions in the Netherlands, consisting of contractors and full time employees. The reduction is approximately 11 percent of the total Dutch work force and approximately 6 percent of the global ASML work force. As of December 31, 2003, ASML employed 5,059 people worldwide, with
2,711 people based in the Netherlands.
About ASML
ASML is the world's leading provider of lithography systems for the semiconductor industry, manufacturing complex machines that are critical to the production of integrated circuits or chips. Headquartered in Veldhoven, the Netherlands, ASML is traded on Euronext Amsterdam and NASDAQ under the symbol ASML. For more information, visit the Web site at www.asml.com.
ASML Media Contact:
Beth Kitchener - Corporate Communications - +31 40 268 2602 - Veldhoven, the Netherlands
ASML Investor Relations Contacts:
Craig DeYoung - Investor Relations - +1 480 383 4005 - Tempe, Arizona Franki D'Hoore - Investor Relations - +31 40 268 6494 - Veldhoven, the Netherlands