ASM International N.V. (Nasdaq: ASMI and Euronext Stock Exchange in Amsterdam: ASM) today announced that on March 31, 2009, it received a notice from The Nasdaq Stock Market of noncompliance with Marketplace Rule 4350(d) regarding the composition of the audit committee of the Company's Supervisory Board. This noncompliance arose from the fact that the Audit Committee of the Supervisory Board temporarily is composed of two members in stead of three as formally required by the Nasdaq rules.
Under the Nasdaq Marketplace Rules, the Company has until September 8, 2009 to restore the Audit Committee to three members. However the Company expects that the Audit Committee will be restored to three members well before this deadline.
This press release has been issued as required by Nasdaq Marketplace Rule 4803.