Saturday, May 24, 2008

Creative Announces Q4 FY08 Financial Update

SINGAPORE - May 24, 2008- Creative Technology Ltd, a worldwide leader in digital entertainment products, today announced that as part of its efforts to reduce operating expenses, as previously announced the Company will incur restructuring charges in its current fourth fiscal quarter. The restructuring charges are expected to be about US$15 million.

Creative also announced today that it expects the Company's revenues for the current fourth fiscal quarter to come in at approximately US$130 million.

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