NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES
This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities, nor is it calculated to invite any such offer or invitation. Neither this announcement nor any copy thereof may be taken into or distributed, directly or indirectly, in or into the United States (including its territories and dependencies, any State of the United States and the District of Columbia). In particular, this announcement does not constitute and is not an offer to sell or a solicitation of any offer to purchase or subscribe for securities in the United States or elsewhere. The securities may not be offered or sold in the United States absent registration or an exemption from registration under the United States Securities Act of 1933, as amended. Any public offering of securities to be made in the United States will only be made by means of a prospectus that may be obtained from the issuer or selling security holder and that contains detailed information about the issuer and management as well as financial statements. There is no intention to make a public offering of the securities referred to in this announcement in the United States.

Almere, The Netherlands
April 24, 2017

ASM International N.V. (Euronext Amsterdam: ASM) ("ASMI") today announces that it intends to sell a stake of 20 million shares of the total outstanding share capital in ASM Pacific Technology Ltd. ("ASMPT") through a partial secondary share placement. Following the planned divestment ASMI will own approximately 34% of the shares in ASMPT.

ASMI views long-term value creation as very important. Regularly the Management Board reviews its strategy and, as part of that, the position it holds in ASMPT. The most recent review led to the conclusion that a further reduction of its shareholding of approximately 5% was justified. The Management Board remains of the opinion that, at this moment, a significant stake in ASMPT is of strategic value to ASMI.

Sale of partial stake in ASMPT and use of proceeds

ASMI is proposing a reduction of its stake in ASMPT through an accelerated bookbuild offering to institutional investors of 20 million shares representing a stake of approximately 5% in ASMPT which is launching now.

ASMI intends to use the proceeds for a new share buyback program.

This new share buyback program will be in addition to the one which was announced on March 2, 2017.

The Hongkong and Shanghai Banking Corporation Limited is acting as bookrunner for this transaction.

Once the outcome of the offering has been established, ASMI will make a further public announcement. ASMI has agreed to a 180 day lock-up period.

tijd 12.09
ASMI EUR 55,25 +1,44 vol. 247.000