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ASM INTERNATIONAL ISSUES COMMON STOCK TO DEBENTUREHOLDERS

 BILTHOVEN, The Netherlands, May 6 /PRNewswire/ -- ASM International N.V. (NASDAQ: ASMIF), the Netherlands-headquartered manufacturer of semiconductor equipment, today announced that it issued 1.3 million of the company's common shares to mandatory convertible subordinated debentureholders, who are clients of the U.S. investment management firm of Grantham, Mayo, Van Otterloo & Co., as payment for the interest and installment due March 31, 1993. The company also negotiated a two-year call option on these shares at per share prices of $1.56 and $1.80 during the first and second years respectively.
 At Jan. 1, 1993, the company had Dfls 18.9 million principal amount of the 17 percent subordinated mandatory convertible debentures outstanding, due in equal annual installments over seven years commencing in March 1993. Interest and installments and payable in cash or, at the company's election, in common stock, convertible at the average share price from January through March of the corresponding year.
 The 1.3 million shares, based on a conversion price of $1.20 per share, were issued in April in payment for the Dfls 2.8 million in interest and installment due March 31, 1993.
 At April 30, 1993, the number of shares outstanding, including those newly issued to debentureholders, was 10.7 million.
 Advanced Semiconductor Materials International N.V. (ASM International), headquartered in Bilthoven, designs, manufactures and markets equipment and materials used to produce semiconductor devices. The company provides production solutions for the wafer processing, assembly and encapsulation areas through its facilities in Japan, the United States, Europe and Asia. U.S. operations are headquartered in Phoenix, Ariz.
 At April 30, 1993, 1.7814 Dutch guilders equaled one U.S. dollar.
 -0- 5/6/93
 /CONTACT: Hans-Peter Hukshorn of ASM International N.V., 011-31-30-298-540, or Mary Jo Dieckhaus of Dieckhaus, Dunlap & Wartski, Ltd., 212-686-8144, for ASM International N.V./
 (ASMIF)


CO: ASM International N.V. ST: IN: SU:

SH-TS -- NY010 -- 5206 05/06/93 08:17 EDT
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Date:May 6, 1993
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