Press Release

| July 19, 2010

Silicon Valley Office Takes Lead in the Sale of SANYO Semiconductor to ON Semiconductor

(Silicon Valley, July 19, 2010) — The firm represented Japan's SANYO Electric in the company's sale of its chip making unit SANYO Semiconductor to ON Semiconductor in a cash and stock transaction priced at approximately $366 million (¥33.0 billion). The acquisition is expected to be completed before the end of 2010.

The Dewey & LeBoeuf team consisted of Silicon Valley Partners Rick Climan, Eric Reifschneider and Jane Ross, who worked closely with Japanese law firm Nagashima Ohno & Tsunematsu on the matter.

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