Advanced Micro Devices, Inc. Announces Redemption of 11% Senior Secured Notes Due 2003.

Business Editors/High-Tech Writers

SUNNYVALE, Calif.--(BUSINESS WIRE)--July 2, 2001

Advanced Micro Devices, Inc. ("AMD") announced today that it will redeem all of its outstanding 11% Senior Secured Notes due 2003 (the "Notes") on August 1, 2001. The notice of redemption was mailed to the holders of the Notes on July 2, 2001.

Questions regarding the redemption should be directed to United States Trust Company of New York, the trustee under the indenture governing the Notes, at 114 West 47th Street, New York, New York 10036, Attention: Corporate Trust Department, or by telephone at 800/548-6565.

About AMD

AMD is a global supplier of integrated circuits for the personal and networked computer and communications markets with manufacturing facilities in the United States, Europe, Japan, and Asia. AMD, a Fortune 500 and Standard & Poor's 500 company, produces microprocessors, flash memory devices, and support circuitry for communications and networking applications. Founded in 1969 and based in Sunnyvale, Calif., AMD had revenues of $4.6 billion in 2000. (NYSE:AMD).

WORLD WIDE WEB: Press announcements and other information about AMD are available on the Internet via the World Wide Web. Type http://www.amd.com at the URL prompt.

Note to Editors: Readers may obtain additional information by calling 1-800-222-9323 or 408-749-3060. Technical Support Email: [e-mail]

AMD, the AMD logo, and combinations thereof are trademarks of Advanced Micro Devices, Inc. in the United States and other jurisdictions.