PR Newswire/Les Echos/

STMicroelectronics Announces the Repurchase of a Portion of its Zero Coupon
Senior
                           Convertible Bonds due 2016

GENEVA, Jan. 14 - STMicroelectronics (NYSE: STM) today announced that it has
completed a program to repurchase a portion of its outstanding Zero Coupon
Senior Convertible Bonds due 2016 ("2016 Bonds"). A total of $298,174,000
nominal value of 2016 Bonds were repurchased representing approximately 30.6% of
the total amount originally issued.

Beginning in December 2009, the 2016 Bonds were purchased in off market
transactions by financial intermediaries, acting as agents for ST. The Company
paid $314.6 million from outstanding cash to repurchase 2016 Bonds with an
accreted value of $316.0 million. The repurchased Bonds will be cancelled in
accordance with their terms.

The decision to repurchase a portion of the 2016 Bonds was taken in anticipation
of the put option exercisable by bondholders on February 23, 2011 and optimizes
ST's liquidity management and yield through that date. "The repurchase of a
portion of our 2016 convertible bonds with no need for refinancing demonstrates
the strength of ST's capital structure and reflects our confidence in the
Company's free cash-flow generation going forward," said Carlo Ferro, Chief
Financial Officer of STMicroelectronics.

The 2016 Bonds are listed on the Luxembourg Stock Exchange.

About STMicroelectronics
STMicroelectronics is a global leader serving customers across the spectrum of
electronics applications with innovative semiconductor solutions. ST aims to be
the undisputed leader in multimedia convergence and power applications
leveraging its vast array of technologies, design expertise and combination of
intellectual property portfolio, strategic partnerships and manufacturing
strength. In 2008, the Company's net revenues were $9.84 billion. Further
information on ST can be found at www.st.com.

This press release contains forward looking statements which are based on
Management's current expectations, views, beliefs and assumptions as of the date
of this release. Such statements are subject to various risks and uncertainties,
which may cause actual results and performance of the Company's business to
differ materially and adversely from the forward-looking statements. Factors,
which may cause actual results or performance to differ materially from the
expectations of the Company or its Management, include changes in interest rates
and accounting treatment of securities. A more detailed discussion of these
factors and the other "Risk Factors," which may from time to time materially and
adversely affect the Company, is contained in our Annual Report or Form 20-F of
the year ended December 31, 2008, which was filed with the SEC on May 13, 2009.

SOURCE STMicroelectronics

CONTACT: INVESTOR RELATIONS: Tait Sorensen, Director, Investor Relations,
+1-602-485- 2064, tait.sorensen@st.com, or MEDIA RELATIONS: Maria Grazia
Prestini, Senior Director, Corporate Media and Public Relations,
STMicroelectronics, + 41-22-929-6945, mariagrazia.prestini@st.com
                      
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