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Vishay Intertechnology, Inc. (ticker: VSH, exchange: New York Stock Exchange) News Release - Thursday, May 25, 2000


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Vishay Sees No Reason for Stock Decline

MALVERN, Pa., May 25 /PRNewswire/ -- Dr. Felix Zandman, Chairman and CEO of Vishay Intertechnology, Inc. (NYSE: VSH) announced today that he is not aware of any company development that might be responsible for the recent decline in the price of its common stock. Dr. Zandman said "Business has never been stronger and we believe that the demand for our products will continue to grow in the future. We believe we can be beat current analyst`s estimates for the year 2000. The average First Call estimate for year 2000 is $4.57 per share."

Vishay Intertechnology, Inc. (NYSE: VSH), a Fortune 1,000 Company with an annual sales rate of $2.2 billion, is the largest U.S. and European manufacturer of passive electronic components (resistors, capacitors, inductors) and a major producer of discrete semiconductors (diodes, optoelectronics, transistors), IrDCs (Infrared Communication Devices), power and analog switching integrated circuits. The Company`s components are vital to electronic operations and can be found in products manufactured in a very broad range of industries worldwide. With headquarters in Malvern, Pennsylvania, Vishay employs over 20,000 people in 64 plants in the U.S., Mexico, Germany, Austria, the United Kingdom, France, Portugal, the Czech Republic, Hungary, Israel, Taiwan, China and the Philippines. Vishay can be found on the Internet at http://www.vishay.com.

Statements in this press release contain "forward-looking" information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements involve a number of risks and uncertainties. Factors that might affect such forward-looking Statements include, among other things, a decline in demand for the Company`s products by customers including OEMs and distributors, backlog cancellations, maintenance of current unusual pricing environment resulting from shortages of company products, competitive pressures, recessionary trends, currency fluctuations, the application of relevant accounting principles and any changes in such principles, changes in laws, cancellation of government grants or tax benefits, labor unrest, factory under-utilization and capacity constraints. Please see the Company`s December 31, 1999 Report on Form 10-K filed with the Securities and Exchange Commission for a more comprehensive list of these factors. SOURCE Vishay Intertechnology, Inc.


CONTACT: Robert A. Freece, Senior Vice President, or Richard N. Grubb, Executive Vice President and Chief Financial Officer, of Vishay, 610-644-1300/
 
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