AMD Strengthens Position in Chinese Market with Addition of Karen Guo as Corporate Vice President

Experienced Chinese National Brings Strong Technical
Background and Outstanding Government, Industry Relationships

BEIJING, CHINA - October 9, 2002 - AMD (NYSE: AMD) today
announced the hire of Karen Guo as corporate vice president and general manager
of AMD China. Guo represents a significant strategic addition for AMD, and will
be the company's most senior executive in the region. She will be responsible
for all aspects of AMD's growing presence in China and will report to Hector
Ruiz, AMD president and chief executive officer. Guo will serve as a member of
AMD's Corporate Operating Committee, and will be based in AMD's Beijing office.

A Chinese national, Guo is a well-known and respected
leader in the Chinese business community. She has demonstrated a long track
record of forging complementary partnerships with Chinese scientists,
technologists and government officials designed to serve the rapidly growing
technology needs of China's business and consumer markets, and is dedicated to
advancing China's overall standing in the global IT community. Guo is expected
to expand upon these efforts on behalf of AMD, and will be responsible for
driving AMD's new, connected business model in the region. AMD's connected
business model represents an evolution of the traditional semiconductor business
model, and features complementary connections and collaborations with end users,
customers and partners created to ensure shared successes.

"Karen Guo's history of success working with Chinese
government and industrial institutions makes her uniquely qualified to help
place AMD at the forefront of China's effort to become an IT powerhouse," said
Ruiz. "Karen's personal commitment to her country is very strong, and she is
equally committed to seeing AMD and China work together as true partners for the
benefit of the Chinese people."

"I am pleased to be joining a company so committed to
serving the growing needs of the Chinese market," said Guo. "As a Chinese
citizen, I am passionate about helping China become a true leader in the global
IT marketplace. AMD has demonstrated a strong willingness to work with China as
a true partner in the country's overall effort to ensure that cutting-edge,
customer-centric and cost-effective silicon-based devices are available to the
Chinese populace. My goal is to ensure that every Chinese citizen is able to
reap the benefits of silicon-based technology in their homes, phones, PDAs and
automobiles."

Before joining AMD, Guo was responsible for leading
Motorola's technology efforts in China, serving as director of Motorola China's
Research & Development Institute (MCRDI) and DigitalDNA Labs China. She
established Motorola's PowerPC joint venture with Nanjing Panda Co., created
joint research labs in key Chinese universities, and launched efforts around
semiconductor material research, reliability modeling and Java based TCAD tools
development.

Prior to her tenure at Motorola, Guo served as Deputy
Director of the Chinese National Research and Development Center of Intelligent
Computer and Associate Professor of Computer Science at the Chinese Academy of
Sciences (CAS). With a background in computational mathematics, parallel
computer system and software engineering, Guo also holds a graduate degree in
computer science from Stevens Institute of Technology located in New Jersey,
U.S.

About AMD

AMD is a global supplier of integrated circuits for the
personal and networked computer and communications markets with manufacturing
facilities in the United States, Europe, Japan, and Asia. AMD, a Fortune 500 and
Standard & Poor's 500 company, produces microprocessors, Flash memory devices,
and support circuitry for communications and networking applications. Founded in
1969 and based in Sunnyvale, California, AMD had revenues of $3.9 billion in
2001. (NYSE: AMD).

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