Western Digital Announces Early Results of Cash Tender Offer and Consent Solicitation for 10.500% Senior Unsecured Notes Due 2024

Western Digital Corporation (NASDAQ: WDC) (“Western Digital” or the “company”) announced today the early results of the previously announced cash tender offer (the “Tender Offer”) and consent solicitation (the “Consent Solicitation”) with respect to any and all of its outstanding 10.500% Senior Notes due 2024 (the “Notes”).

As of 5:00 p.m., New York City time, on Feb. 9, 2018 (the “Early Tender Deadline”), according to Global Bondholder Services Corporation, the depositary and information agent in connection with the Tender Offer and the Consent Solicitation, tenders and the related consents were received from holders of Notes and not validly withdrawn as outlined in the following table:

Title of Security

CUSIP Numbers

Principal Amount Outstanding

Principal Amount Tendered

Percent Tendered

10.500% Senior Unsecured Notes due 2024

958102 AK1 and U9547K AB9 (unregistered) & 958102 AL9 (registered)

$3,350,000,000

$2,722,272,000

81.26%

Accordingly, Western Digital has received consents sufficient to approve the previously announced proposed amendments to the indenture governing the Notes (the “Indenture”). Western Digital and the trustee for the Notes have entered into a supplemental indenture containing the proposed amendments to the Indenture. However, such amendments will not become operative until the settlement date following the Early Tender Deadline, which is expected to occur on or about Feb. 13, 2018 (the “Initial Settlement Date”), and until Western Digital accepts the Notes validly tendered and not withdrawn on or prior to the Early Tender Deadline.