ThinkPanmure

Press Releases

ThinkPanmure advises SigmaTel on acquisition by Freescale Semiconductor

SAN FRANCISCO — May 1, 2008 — ThinkPanmure, LLC, the research-centric institutional investment bank focused on the growth economy, today announced the completion of the acquisition of SigmaTel, Inc. (NASDAQ: SGTL), by Freescale Semiconductor, Inc.

ThinkPanmure was exclusive advisor to SigmaTel, Inc and its Board on this transaction, valued at $110m. On announcement, the transaction represented a 68% premium to Sigmatel's market price, delivering significant value to Sigmatel shareholders at closing.

ThinkPanmure Head of Investment Banking, Deborah Quazzo, said: "As we continue to invest in our semiconductor franchise, it is fantastic to see ThinkPanmure advising on transactions of this quality.

"The assignment highlights the sector's confidence in our semiconductor and M&A banking team's ability to advise entities - either public or private - on highly successful transactions," she said.

Further information:

US:
Deborah Quazzo
Tel: +1 312 201 3101

UK:
Nathaniel Webb
Tel: +44 (0)20 7614 8333

About ThinkPanmure LLC
ThinkPanmure LLC is a leading growth-company focused investment bank headquartered in San Francisco. Research-led and employing approximately 180 finance professionals in offices in San Francisco, New York, Boston, Minneapolis, Chicago and Geneva, the firm is now part of the Panmure Gordon Group. www.thinkpanmure.com

About the Panmure Gordon Group
Founded in 1876, Panmure Gordon & Co (PMR.L) is a leading independent mid-cap investment bank based in London. Encompassing its US franchise, ThinkPanmure LLC, the Group employs approximately 300 professionals across the US and the UK, offering a blend of transatlantic financial services including research, sales and trading, wealth management and asset management. www.panmure.com

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