RDA Microelectronics Responds to Purported Third Party Offer

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RDA Microelectronics
RDA
today provided the following comments regarding certain media reports in China: It has come to our attention that there is a purported third party offer on the date we announced the signing of the merger agreement between RDA and Tsinghua Unigroup.  RDA is providing the following clarifications in view of potential misinformation, and to assure the investors that our Board has been acting, and will continue to act, in the best interests of our shareholders: 1.  Over the course of past several weeks, the RDA Board of Directors has conducted a robust, comprehensive and structured evaluation process of strategic alternatives.  During such process, the RDA board has considered a wide range of relevant factors, analysis and data points available before recommending and executing a definitive merger agreement with Tsinghua Unigroup as the most favorable and credible offerer. 2.  During the course of today's board meeting approving the entry of the merger agreement with Tsinghua, some of our directors and officers received an unusual and erroneously dated non-binding
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