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Spansion Wins No.1 of both "Hewitt Top 10 Best Employers in China" and "Hewitt Top 20 Best Employers in Asia" Awards

Spansion Inc. (Nasdaq:SPSN), the world's largest pure-play provider of Flash memory solutions, today announced that Spansion (China) Limited, a wholly owned subsidiary of Spansion Inc, has received two significant awards as the result of a "Best Employers in 2007" study conducted by global human resources outsourcing and consulting firm, Hewitt Associates. The company was named No.1 of 20 "Best Employers in Asia". Conducted in Australia and New Zealand (ANZ), China, Hong Kong, India, Japan, Korea and Singapore, more than 750 employers registered to participate in the study, and more than 160,000 employees responded to the Employee Opinion Survey (EOS), representing the views of over 1.7 million employees. In addition, Spansion (China) Limited was awarded No.1 of 10 "Best Employers in China". A total of 154 companies participated in the "Best Employers in China" study. This is the fourth time of the Hewitt pan-Asian Best Employers study, and the first time that Spansion has won the No.1 of both "Best Employers in Asia" and "Best Employers in China" awards.

"It's a great pleasure to know we have been ranking as No.1 of both awards. It is the high recognition of our efforts in enhancing the people management effectiveness and on nurturing the world-class company culture as an essential part of the company business strategy. At the same time, I also feel high pressure as we are now at a new platform to start our new journey." said PC Loh, VP of FMO Suzhou and executive managing director. "We should take the honor as a positive driver to strive even harder in our future endeavor in realizing our vision of being Employer of Choice".

According to the "Best Employers in Asia 2007" study, best employers demonstrate three significant characteristics. First, the best employers have highly engaged and motivated employees. Second, they consistently inspire great performance from their people, and third they implement processes that allow employees to be as productive as possible.

April 20, 2007

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