ASML to implement restructuring in the Netherlands

Press release - Veldhoven, the Netherlands, February 20, 2004

ASML Holding NV (ASML) today announced that it would implement the Netherlands segment of its restructuring plan in March, after reaching an agreement with the company’s works council. The restructuring was revealed in July 2003 and has already been implemented in Asia and the US.


ASML will reduce 305 positions in the Netherlands, consisting of contractors and full-time employees. The reduction is approximately 11% of the total Dutch work force and approximately 6% of the global ASML work force. As of December 31, 2003, ASML employed 5,059 people worldwide, with 2,711 people based in the Netherlands.

About ASML

ASML is the world's leading provider of lithography systems for the semiconductor industry, manufacturing complex machines that are critical to the production of integrated circuits or chips. Headquartered in Veldhoven, the Netherlands, ASML is traded on Euronext Amsterdam and Nasdaq under the symbol ASML.

Contact information

Monique Mols

Head of Media Relations

Sander Hofman

Senior creative content strategist

Brittney Wolff Zatezalo

Corporate communications manager US

Skip Miller

VP Investor Relations – Worldwide

Marcel Kemp

Director Investor Relations – EU

Peter Cheang

Director Investor Relations – Asia