- Front-end achieved positive net earnings of EUR 2.8 million in the second quarter of 2007, excluding the expense resulting from early extinguishment of convertible debt of EUR 5.9 million, as compared to net earnings of EUR 1.2 million in the first quarter of 2007.
- Net sales of the second quarter of 2007 were EUR 254.7 million, up 21% from the first quarter of 2007 and up 9% from the second quarter of 2006. Our Back-end segment reported record sales in Hong Kong dollar.

- Net earnings of the second quarter of 2007 were EUR 14.9 million, or EUR 0.26 diluted net earnings per share, as compared to net earnings of EUR 11.2 million, or EUR 0.20 diluted net earnings per share for the first quarter of 2007 and net earnings from continuing operations of EUR 18.7 million, or EUR 0.32 diluted net earnings from continuing operations per share for the second quarter of 2006.

- Bookings in the second quarter of 2007 were EUR 226.9 million, down 8% from the first quarter of 2007. Bookings from our Front-end segment were down 39% and bookings from our Back-end segment were up 29%. Quarter-end backlog was EUR 242.6 million, down 10% from the end of the previous quarter.

- In line with our previously announced intention, we have decided to pay an interim dividend of EUR 0.10 per share.

ASM International N.V. (NASDAQ:
ASMI and Euronext Amsterdam: ASM) reports today its second quarter 2007 operating results.
These operating results have been prepared in accordance with accounting principles generally accepted in the United States of America ("US GAAP").
“For ASMI, both Front-end and Back-end operating results met or exceeded expectations. In Front-end, net sales surpassed our guidance, and for the second consecutive quarter, Front-end was net profitable. Back-end sales soared, posting another record as measured in the local
currency, while higher operating margins drove an impressive bottom line,” commented Arthur del Prado, President and Chief Executive Officer of ASM International.
“Orders, however, were mixed. While Back-end bookings were very strong, following the sector recovery that began early 2007, Front-end orders fell short. Coming off two very good quarters in Q4 and Q1 that countered the wafer processing equipment industry trend, Q2 Front-end bookings
experienced a dip, reflecting a cautious customer spending during this period of industry capacity digestion,” he continued.

Three months ended June 30, 2007.
The following table shows the operating performance for the second quarter of 2007 as compared
to the first quarter of 2007 and the second quarter of 2006:
(EUR millions, except earnings per share)
Q2 2006 Q1 2007 Q2 2007 % Change Q1 2007 to Q2 2007 % Change Q2 2006 toQ2 2007
Net sales 234.8 210.1 254.7 21 % 9 %
Gross profit 93.3 72.8 96.9 33 % 4 %
Gross profit margin % 39.7% 34.6% 38.0% 3.4% (1) (1.7)% (1)
Selling, general and administrative expenses (30.4) (29.9) (32.9) 10 % 8 %
Research and development expenses (21.4) (19.8) (21.5) 8 % -
Amortization of other intangible assets (0.2) (0.1) (0.1) (3)% (39)%
Earnings from operations 41.3 23.0 42.4 85 % 3 %
Net earnings from continuing operations 18.7 11.2 14.9 34 % (20)%
Net loss from discontinued operations (1.3) - - na na
Net earnings 17.4 11.2 14.9 34 % (14)%
Diluted net earnings from continuing
operations per share 0.32 0.20 0.26
Diluted net loss from discontinued operations per share (0.02) - -
Diluted net earnings per share 0.30 0.20 0.26
New orders 256.9 246.2 226.9 (8)% (12)%
Backlog at end of period 280.6 270.4 242.6 (10)% (14)%
(1) Percentage point change
Net Sales. The following table shows net sales of our Front-end and Back-end segments for the
second quarter of 2007 as compared to the first quarter of 2007 and the second quarter of 2006:
(EUR millions) Q2 2006 Q1 2007 Q2 2007 % Change Q1 2007 to Q2 2007 % Change
Q2 2006 to Q2 2007
Front-end 108.2 116.3 120.4 4 % 11 %
Back-end 126.6 93.8 134.3 43 % 6 %
Total net sales 234.8 210.1 254.7 21 % 9 %
In the second quarter of 2007, net sales of wafer processing equipment (Front-end segment) represented 47.3% of total net sales. Net sales of assembly and packaging equipment and materials (Back-end segment) represented 52.7% of total net sales in the second quarter of 2007.
The strong level of sales of our Front-end segment is driven by sales of Vertical Furnace, PECVD and TP products. Our Back-end segment reported record sales in Hong Kong dollar.
The weakening of the Yen, US dollar and US dollar related currencies against the euro in the second quarter of 2007 as compared to the first quarter of 2007 and the second quarter of 2006 impacted total net sales negatively by 2% and 7% respectively.