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MIPS Technologies, Inc.
2011 North Shoreline Blvd., Mountain View, CA 94043 * (650) 960-1980

The company is a leading designer and developer of RISC-based high-performance 32 and 64 bit microprocessor intellectual property for embedded systems applications.

Primary Underwriting Group
ManagerTierPhone
Deutsche Morgan GrenfellLead Manager (212) 469-5600
BancAmerica Robertson StephensCo-manager (415) 989-8500
Hambrecht & Quist IncorporatedCo-manager (415) 439-3626

Offering Information
NASNTL:MIPS High-Tech: SIC 3571
Type of Shares:Common Shares Filing Date:4/21/98
U.S. Shares:5,500,000 Offer Date:6/29/98
Non-U.S. Shares:0 Filing Range:$14.00 - $16.00
Primary Shares:5,500,000 Offer Price:$14.00
Secondary Shares:0 Gross Spread:
Offering Amount: $82,500,000 Selling:
Expenses: - Reallowance:
Post-IPO Shares: -
Spin out parent firm: Silicon Graphics, Inc.
Employees:52

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Shearman & Sterling
Bank's Law Firm: Venture Law Group
Auditor: Ernst & Young

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
6 Month Ending Financials
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Unaudited
Income
Balance
Sheet
6/30/97 12/31/97 12/31/96 12/31/97
Revenue:$37.11$27.59$9.37Assets:$16.72
Net Income:-$44.03-$14.55-$28.06Curr Assets:$3.25
EPS:Liabilities:$11.46
Prior EPS:Curr Liab:$11.46
Cash Flow/Oper:Equity:$5.27
Cash Flow/Fin:Cash:
Cash Flow/Inv:Working Cap:-$8.21

Use of Proceeds
The proceeds from the proposed offering will be used for general corporate purposes.

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