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June 23, 2006

On the Change in Ratio of Shareholding between Asyst Technologies and Shinko Electric

Asyst Technologies, Inc. (headquarters: Freemont, California U.S.A.; CEO: Stephen S. Schwartz Ph.D.) and Shinko Electric Co., Ltd. (headquarters: Minato Ward, Tokyo; President: Hirobumi Saeki) signed an agreement on June 22, 2006 having to do with the assignment of Asyst Shinko, Inc.'s shares. Through this agreement, Asyst Technologies, Inc. will be assigned 44.1% of the shares of Asyst Shinko, Inc. through a subsidiary Asyst Japan Co., Ltd. (headquarters: Yokohama City, Kanagawa Prefecture; President: Tetsuo Yamashita) and will thus hold 95.1% of the shares of Asyst Shinko, Inc..

Asyst Shinko, Inc. was formed on October 1, 2002 as a joint venture between Asyst Japan Co., Ltd., the Japanese entity of Asyst Technologies, Ltd., and Shinko Electric Co., Ltd. with the former company holding 51% and the latter company holding 49% of shares and its business performance has grown steadily through the mutual cooperation among Asyst Technologies, Inc., Asyst Japan Co., Ltd. and Shinko Electric Co., Ltd

Through this recent agreement, the relationship among Asyst Shinko, Inc. that has now been in existence for three years and a half, Asyst Technologies, Inc. and Asyst Japan Co., Ltd. has become even more enriched than in the past. Up to now, the three companies have been taking leadership in the area of fab automation and through achieving even better customer services as a single global company, the intention is to broaden business opportunities and to strength the position of the company in the market.

As a core company in the Asyst Group, Asyst Shinko, Inc. intends to optimize the interface of all automation parts, to raise the productivity of customers, to accumulate knowledge and technical capabilities on superior fab automation and to provide new solutions to the market. Moreover, it is the intention of the company to achieve a speeding up of the decision making process and to promote smoother business with our customers.