AMIS Holdings, Inc. Reports Third Quarter 2007 Financial Results and Completion of Audit Committee Accounting Review

                         AMIS Holdings, Inc.
           Condensed Consolidated Statements of Cash Flows
                            (In Millions)

                                               Nine Months Ended:
                                           ---------------------------
                                           September 29, September 30,
                                               2007          2006

Cash flows from operating activities
Net income                                 $       19.4  $       25.4
  Adjustments to reconcile net income to
   net cash provided by operating
   activities:
     Depreciation and amortization                 52.8          50.4
     Write-off of deferred financing fees             -           0.1
     Amortization of deferred financing
      costs                                         0.5           0.6
     Share-based compensation expense               5.6           5.9
     Restructuring charges, net of cash
      expended                                      2.7             -
     Impairment of long-term assets                 2.7             -
     Benefit from deferred income taxes            (6.3)         (3.4)
     Loss on disposition of property,
      plant and equipment                           0.8           0.4
     Changes in operating assets and
      liabilities:
        Accounts receivable                         9.2          (7.8)
        Inventories                                (9.3)         (6.2)
        Prepaid expenses and other assets           2.0          (3.4)
        Accounts payable and other accrued
         expenses                                 (31.3)         (9.5)
                                           ------------- -------------
Net cash provided by operating activities          48.8          52.5
Cash flows from investing activities
  Purchases of property, plant and
   equipment                                      (41.0)        (30.5)
  Change in restricted cash                         0.8             -
  Change in other assets                           (3.6)         (3.4)
  Purchase of a business                           (0.7)        (27.0)
                                           ------------- -------------
Net cash used in investing activities             (44.5)        (60.9)
Cash flows from financing activities
  Payments on long-term debt                       (2.1)         (2.4)
  Debt issuance costs                              (0.6)         (0.1)
  Proceeds from exercise of stock options           4.5           2.6
                                           ------------- -------------
Net cash provided by financing activities           1.8           0.1

Effect of exchange rate changes on cash
 and cash equivalents                               6.1           3.1
                                           -------------  -------------
Net  increase  (decrease)  in  cash  and  cash
  equivalents                                                                              12.2                    (5.2)
Cash  and  cash  equivalents  at  beginning  of
  period                                                                                        77.1                    96.7
                                                                                      -------------  -------------
Cash  and  cash  equivalents  at  end  of  period  $              89.3    $              91.5
                                                                                      =============  =============
 



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