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RAMTRON ANNOUNCES $32.5 MILLION EQUITY INVESTMENT

 RAMTRON ANNOUNCES $32.5 MILLION EQUITY INVESTMENT
 COLORADO SPRINGS, Colo., July 7 /PRNewswire/ -- Ramtron


International Corporation, a wholly owned subsidiary of Ramtron Holdings Ltd. (ADRs - NASDAQ: MEMRY), today announced a $32.5 million investment agreement with its largest shareholders, Oren L. Benton, the National Electrical Contractors Association Pension Benefits Fund (NECA-PBTF), and Ramtron Holdings Limited. The agreement includes an equity investment as well as the conversion into equity of existing promissory notes held by Benton and Ramtron Holdings.
 Under the terms of the agreement, Benton and NECA-PBTF will each purchase $7 million worth of common stock at $9.80 per share and will each be granted 30-month warrants for an additional 1,428,572 shares at the same price. In addition to the $14 million of new capital, Ramtron Holdings and Benton will convert a total of $18.5 million in existing loans to the company into equity under the same terms.
 "The funding from Mr. Benton and NECA-PBTF is solid evidence of the confidence these large shareholders have in Ramtron's future," commented George Stathakis, Ramtron's chairman and chief executive officer. "This capital, combined with the management additions of L. David Sikes as president and C.O.O., Glen Possley as V.P. of manufacturing, and Elliot Philofsky as V.P. of technology, significantly enhances Ramtron's capability to realize the full potential of its advanced technologies. Ramtron plans to use the new funding as working capital and will continue to focus its primary efforts on the commercialization of its products."
 Benton commented, "Ramtron has reached an exciting phase and I am glad to continue my support of the company's commercial goals. I have been a strong supporter of Ramtron for a number of years and am confident of the company's future." Benton further commented, "Joining together with Ramtron Holdings and the strong NECA-PBTF organization shows the solid commitment of Ramtron's shareholder group and ensures the company's stability over the years ahead."
 "NECA-PBTF is encouraged by the current developments at Ramtron and the recent announcement of production ferroelectric RAMs," stated Jack Moore, IBEW's international secretary and trustee of the Pension Benefit Trust Fund. "We are confident that we will see the benefits of our commitment to Ramtron in the near future."
 Benton, of Denver, is a U.S. businessman with controlling interest in a broad range of international businesses.
 The Pension Benefit Trust Fund was founded in 1946. The fund has more than 300,000 participants and assets in excess of $4 billion. Ramtron Holdings is the majority stockholder of Ramtron International Corporation. Ramtron Holdings' stock is listed on the Australian Stock Exchange Limited and traded in the United States in the form of American Depository Receipts (ADRs) under the NASDAQ system.
 Ramtron International Corporation develops, manufactures, and markets ferroelectric random access memory, or FRAM(R) products. Ramtron's FRAM products are the first semiconductor memories to combine high-speed read/write performance and unlimited endurance with the nonvolatility, or the ability to retain data without power, of magnetic media. Ramtron's FRAM products are produced at the company's Class 1 six-inch wafer fabrication facility in Colorado Springs. The company also develops and markets ultra-high-speed 4-megabit enhanced DRAM (EDRAM) products. Ramtron holds 33 international patents covering its proprietary technologies and products with an additional 75 patents filed.
 FRAM is a registered trademark of Ramtron International Corporation.
 -0- 7/7/92
 /CONTACT: Lee A. Brown of Ramtron International, 719-481-7000; or Mark Cohen of Cameron Associates, 212-644-9560, for Ramtron/
 (MEMRY) CO: Ramtron International Corporation ST: Colorado IN: CPR SU:


GK-SM -- NY004 -- 6865 07/07/92 08:47 EDT
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Date:Jul 7, 1992
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