Flextronics and Solectron announce regulatory approval status and Solectron stockholder election deadline

Flextronics International Ltd. (Nasdaq: FLEX) and Solectron Corporation (NYSE: SLR) jointly announced that Solectron stockholders that wish to make an election with respect to the merger consideration to be received in the proposed acquisition by Flextronics of Solectron must deliver a properly completed election form to Computershare Shareholder Services, Inc. by 5:00 p.m., New York City time, on September 27, 2007 (the "Election Deadline").

Solectron stockholders who hold their shares through a bank, broker or other nominee may have an election deadline earlier than the Election Deadline. These Solectron stockholders should carefully review any materials they receive from their bank, broker or other nominee to determine the election deadline applicable to them.