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LINEAR TECHNOLOGY REPORTS RECORD ANNUAL AND QUARTERLY SALES AND NET INCOME

 LINEAR TECHNOLOGY REPORTS RECORD ANNUAL
 AND QUARTERLY SALES AND NET INCOME
 MILPITAS, Calif., July 21 /PRNewswire/ -- Linear Technology Corp. (NASDAQ: LLTC), a leading, independent manufacturer of high-performance linear integrated circuits, today announced that net sales for its fiscal year ended June 28, 1992 were a record $119,440,000, an increase of 27 percent over net sales of $94,152,000 for the previous year. The company also reported record net income for the year of $25,017,000 or $1.38 per share, an increase of 48 percent over the $16,939,000 or $0.96 per share, reported for fiscal 1991. Net sales for the fourth quarter ended June 28, 1992 were a record $32,591,000, a 23 percent increase over net sales of $26,430,000 for the fourth quarter of the previous year. Net income for the quarter was $7,264,000 or $0.40 per share, compared with $5,040,000 or $0.28 per share, an increase of 44 percent over the fourth quarter of the previous year.
 According to Robert H. Swanson, President and CEO, "1992 was a strong growth year for us. We grew net sales, net income and funds generated, all at record levels, despite a mixed overall worldwide economy. Equally as important, we introduced a record number of new products spanning a broad breadth of product categories. We intend to continue our corporate strategy of combining our strong operating results and heavy investment in products for the future."
 Linear Technology Corp. was founded in 1981 as a manufacturer of high-performance linear integrated circuits. Linear Technology products include operational, instrumentation and audio amplifiers; voltage regulators, references, comparators and converters; switched-capacitor filters; communications interface circuits; one-chip data acquisition systems; pulse-width modulators and sample-and-hold devices. Applications for Linear Technology's high performance circuits include notebook and desk top computers, computer peripherals, cellular telephones-phones, electronic testers, industrial and medical electronic instruments, automotive controls, process controls, factory automation products, and avionics. For further information contact Paul Coghlan at Linear Technology Corp., 1630 McCarthy Blvd., Milpitas, 95035-7487, 408-432-1900.
 LINEAR TECHNOLOGY
 CONSOLIDATED CONDENSED STATEMENT OF INCOME
 (In thousands, except per share amounts)
 Three Months Ended Year Ended
 (unaudited) (audited)
 ------------------ -----------------
 June 28, June 30, June 28, June 30,
 1992 1991 1992 1991
 -------- -------- -------- --------
 Net sales $32,591 $26,430 $119,440 $ 94,152
 ------- ------- -------- --------
Income before income taxes 11,175 7,802 38,488
 26,222


Provisions for
 income taxes 3,911 2,762 13,471 9,283
 ------ ------ ------- -------
 Net income $ 7,264 $ 5,040 $ 25,017 $ 16,939
 ------- ------- -------- --------


Net income
 per share $ 0.40 $ 0.28 $ 1.38 $ 0.96
 ------- ------- -------- --------


Shares used in the calculation

of net income
 per share 18,244 18,206 18,108 17,604
 ------- ------- -------- --------
 -0- 7/21/92
 /CONTACT: Paul Coghlan of Linear Technology, 408-432-1900/
 (LLTC) CO: Linear Technology Corp. ST: California IN: CPR SU: ERN


JL-MC -- SJ004 -- 1585 07/21/92 17:49 EDT
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Date:Jul 21, 1992
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