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MagnaChip Announces Proposed Secondary Offering of 7,000,000 Shares of Common Stock

SEOUL, South Korea CUPERTINO, Calif. April 26, 2012

Barclays Capital Inc., Deutsche Bank Securities Inc. and UBS Securities LLC will act as joint book-running managers for the proposed offering. Citigroup Global Markets Inc. and ThinkEquity LLC will act as co-managers.

April 26, 2012

This release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there by any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. The offering of the common stock will be made only by means of the prospectus and related prospectus supplement.  The common stock being offered has not been approved or disapproved by any regulatory authority, nor has any such authority passed upon the accuracy or adequacy of the registration statement, the prospectus contained therein or the preliminary prospectus supplement.

About MagnaChip Semiconductor
South Korea

March 8, 2012


In the United States:

Robert Pursel

Director of Investor Relations

Tel. 408-625-1262

[email protected]

In Korea:

Chankeun Park

Senior Manager, Public Relations

Tel. +82-2-6903-3195

[email protected]


SOURCE MagnaChip Semiconductor Corporation

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