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Conexant Spinco, Inc.
4000 MacArthur Boulevard, Newport Beach, CA 92660 * (949) 483-4600
Business Description The company designs, develops and sells semiconductor system solutions and products for some of the highest growth segments of the braodband communications market, including broadband access, multi-service access and wide area network, or WAN, transport.
Filing
Information

Not yet
public

To Trade As  - - (NASNTL) Industry  High-Tech (SIC 3674)
Type of Stock Offered Class A Common Shares Filing Date  11/13/00
Domestic Shares Filed 0 Filing Price  - -
Foreign Shares Filed  0 Offering Amount  $100,000,000
Company Shares  0 Est. Expenses  - -
Selling Shrhldrs Shares  0 Post-IPO Shares  - -
Being spun off from  Conexant
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
CS First Boston Lead Manager (212) 325-2000
Morgan Stanley Dean Witter Co-manager (212) 761-5900
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures - - Months Ending
Figures in U.S. millions except per share data 9/30/96 9/30/97 9/30/98 9/30/99 9/30/00    
Revenues   107.380 192.836 143.270 277.613 579.206 - -
Income from Oper.   -46.925 40.672 -58.806 12.396 -207.193 - -
Net Income   -59.040 27.881 -31.627 12.449 -232.811 - -
E.P.S   - - - - - - -
Revenue Growth (%)      79.58 -25.70 93.77 108.638   -
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - 21.09 - 4.47 - - -
Net Profit Margin (%)    - 14.46 - 4.48 - - -
Cash Flow - Oper.     38.38 - -
Cash Flow - Inv.     -70.23 - -
Cash Flow - Fin.     39.62 - -
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 9/30/00 Financial Ratios
Total Assets    1,739.36 Current Assets    246.51 Current Ratio    1.88
Total Liab.    130.97 Current Liab.    130.97 Debt Ratio    7.53%
Total Equity    1,608.40 Working Cap.    115.54 Debt to Equity Ratio    0.08
Cash    8.08    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used to repay an intercompany loan from Conexant and to pay a dividend to Conexant.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Chadbourne & Parke
Bank's Law Firm  Latham & Watkins
Auditor  Deloitte & Touche
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Principal
Shareholders
Name of Shareholder% Owned
Before
% Owned
After
Conexant    
Note: represents ownership of 5% or more prior to the offering.

Last updated: 11/26/00 11:25:06 PM
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