ADVISORY/Therma-Wave, Inc. Teleconference.

Business Editors

ADVISORY... for Thursday (Jan. 18)

--(BUSINESS WIRE)

             You are cordially invited to participate in a
                    TELECONFERENCE PRESENTATION by:

                           THERMA-WAVE, INC.
                            (NASDAQ: TWAV)

       Reviewing Financial Results for the Third Fiscal Quarter
         Ended December 31, 2000. Call details are as follows:

                      Thursday, January 18, 2001
                           4:30 p.m. Eastern
                           3:30 p.m. Central
                           1:30 p.m. Pacific

                           Dial-In Numbers:
                    US Participants: [phone]
              International Participants: [phone]

                         Webcast Information:
                          www.thermawave.com

         Please dial-in at least ten minutes in advance of the
                            presentation.

      During the presentation, senior management will present an
  overview of results and a question-and-answer session will follow.

                      Management representatives:
               Martin Schwartz - Chief Executive Officer
                 Ray Christie- Chief Financial Officer

     Please confirm your participation by faxing this page with the
 following data to [phone] as soon as possible or via email to
                        [e-mail].

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CIRCLE:

   Yes    Conflict, but interested     No interest    Remove From List
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