ASML prices $500 million offering of convertible subordinated notes

ASML Holding NV (ASML) announces that it has launched a $350 million offering of convertible subordinated notes due 2006 to qualified institutional investors. ASML will also grant the underwriters the right to purchase up to $52.5 million additional principal amount of notes to cover over-allotments in connection with the offering. ASML intends to use the net proceeds from the offering for general corporate purposes. In connection with this offering, the lead manager may over-allot or effect transactions on Euronext Amsterdam, Nasdaq or in the over-the-counter market which stabilize or maintain the market price of the notes or the shares into which the notes are convertible at a level which might not otherwise prevail on those markets. Such stabilizing, if commenced, may be discontinued at any time.

The notes may only be offered, transferred, delivered or sold anywhere in the world to persons who trade or invest in securities in the conduct of their profession or trade. This document does not constitute an offer to sell or the solicitation of an offer to buy the securities discussed herein. The notes will not be registered under the US Securities Act of 1933 and may not be sold or offered within the United States except pursuant to an exemption from the registration requirements under that Act.