Seagate From New York Stock Exchange to Nasdaq

Seagate Technology will switch its stock exchange listing from The New York Stock Exchange to The Nasdaq Stock Market, an exchange of The NASDAQ OMX Group, Inc., effective September 16, 2008. Seagate Technology will be listed on The NASDAQ Global Select Market and trade on the exchange with the ticker symbol Nasdaq: STX.

"We are delighted to make the move to the NASDAQ and look forward to leveraging their impressive trading platform to reach investors in key markets around the world," said Bill Watkins, Seagate CEO. "With this move we are ensuring that our investors have access to fast, high-quality trades in a more cost-effective structure for Seagate. We look forward to joining the impressive group of leading technology companies already listed on the NASDAQ."

"Seagate is one of today’s leading companies and we are delighted that they have decided to transfer to our market. We welcome them to NASDAQ OMX’s family of innovative companies and look forward to supporting their continued growth by providing global visibility and superior value for their listing," said Magnus Bocker, president of NASDAQ OMX.