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MICRON TECHNOLOGY INC. ANNOUNCES INCENTIVE STOCK OPTION POLICY

 BOISE, Idaho, Feb. 22 /PRNewswire/ -- Micron Technology Inc. (NYSE: MU) today announced that it has reversed its prior policy requiring that equivalent shares of the company's common stock be purchased on the open market before granting new stock options to employees under the company's 1985 Incentive Stock Option Plan. This decision allows the company to grant options to employees from approximately 1.9 million shares currently available under the plan without open market purchases. Under the plan, options are typically granted at fair market value and vest over a period of five years. The company views the incentive stock option program as beneficial in motivating employees as well as in attracting new personnel.
 Micron Technology Inc., based in Boise, is a holding company whose common stock is traded on the New York Stock Exchange Inc. (NYSE) under the symbol MU. The company's primary subsidiary, Micron Semiconductor Inc., manufactures and markets DRAMs, fast SRAMs and other semiconductor products.
 -0- 2/22/93 R
 /CONTACT: Kipp Bedard of Micron Semiconductor, 208-368-4400/
 (MU)


CO: Micron Technology Inc. ST: Idaho IN: CPR SU:

SW -- SE006 -- 9215 02/23/93 07:50 EST
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Publication:PR Newswire
Date:Feb 23, 1993
Words:188
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