Intel Funds

[Cris Avants]

I would like to know what are the principal sources of funds for Intel, Co.?

Since this information will be mainly used for a finance research paper, I would like specifics (if possible) like bank names, other corporations, institutions, or families...

Thanks for your help

Cris

[Caroline S.]

Cris Avants wrote:

Hi Cris:

Thank you for contacting Intel.

Intel's principle source of operating funds is from the direct sales of our product. We posted record net revenues in 1998, for the 12th consecutive year,
increasing by 5% from 1997 to $26.3 billion. Net income was $6.1 billion in 1998 compared to $6.9 billion in 1997. Our major customers are Distributors, Original Equipment
Manufacturers of computer systems and peripherals, PC users who buy Intel's PC enhancements, business communications products and networking products through reseller, retail and
OEM channels, and other manufacturers, including makers of a wide range of industrial and telecommunications equipment.

Additional financial information is available via our annual reports. You can find our current and historical annual reports on our website at:
http://www.intel.com/intel/finance/annual.htm. Hardcopies of Intel's annual reports are available from Intel's Transfer Agent, Harris Trust and Savings Bank, by calling
1-800-298-0146. Or you can order them online at:
http://www.corporate-ir.net/ireye/ir_site.zhtml?ticker=INTC&script=11947&item_id='inforeq\inforeq.htm' or print a hardcopy from: http://www.intel.com/intel/annual98/printing.htm.

Sincerely,

Caroline S.
Intel(R) Internet Support
www.intel.com
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