CORRECTED: Lexar Schedules Fourth Quarter and Fiscal 2005 Conference Call.

FREMONT, Calif. -- Lexar Media, Inc. (Nasdaq:LEXR) is scheduled to report financial results for the fourth quarter and year ended December 31, 2005 on Thursday, February 16, 2006 after the market close. The Company will host a conference call to discuss its financial results and outlook at 2:00 p.m. PT (5:00 p.m. ET).

To participate on the live call, analysts and investors should dial 800-218-0713 at least ten minutes prior to the call. The call will also be webcast and can be accessed from the investor relations section of the Company's web site at www.lexar.com. A telephonic replay will also be available until 11:59 p.m. PT on Monday, February 20, 2006 by dialing 800-405-2236 and entering the passcode: 11050719#.

About Lexar Media, Inc.

Lexar is a leading marketer and manufacturer of NAND flash memory products including memory cards, USB flash drives, card readers and ATA controller technology for the digital photography, consumer electronics, industrial and communications markets. The company holds over 92 issued or allowed controller and system patents, and licenses its technology to companies including Olympus Corporation, Samsung Electronics Co., Ltd., SanDisk Corporation and Sony Corporation. Lexar sells its memory cards worldwide and through an exclusive agreement, also sells memory cards under the Kodak brand. Headquartered in Fremont, California, Lexar has operations in countries around the world. More information is available at www.lexar.com.