ALPHA & OMEGA SEMICONDUCTOR Ltd — Director's Dealing 2011

Jul 1, 2011

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: ALPHA & OMEGA SEMICONDUCTOR Ltd (AOSL)
CIK: 0001387467
Period of Report: 2011-07-01

Reporting Person: SCGF III MANAGEMENT LLC (10% Owner)
Reporting Person: Sequoia Capital Growth Fund III AIV L P (10% Owner)
Reporting Person: SEQUOIA CAPITAL GROWTH III PRINCIPALS FUND (10% Owner)
Reporting Person: SEQUOIA CAPITAL GROWTH PARTNERS III (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	2823300	Indirect
Common Shares	145800	Indirect
Common Shares	30900	Indirect

Footnotes

F1: Shares held directly by Sequoia Capital Growth Fund III AIV LP ("SC AIV"). The Reporting Person, SCGF III Management LLC ("SCGF LLC"), is the general partner of SC AIV and may be deemed to share voting and dispositive power with respect to the shares held by SC AIV. SCGF LLC disclaims beneficial ownership of the securities held by SC AIV except to the extent of its pecuniary interest therein.

F2: Shares held directly by Sequoia Capital Growth III Principals Fund ("SC Principals"). The Reporting Person, SCGF LLC, is the managing member of SC Principals and may be deemed to share voting and dispositive power with respect to the shares held by SC Principals. SCGF LLC disclaims beneficial ownership of the securities held by SC Principals except to the extent of its pecuniary interest therein.

F3: Shares held directly by Sequoia Capital Growth Partners III LP ("SC Partners"). The Reporting Person, SCGF LLC, is the general partner of SC Partners and may be deemed to share voting and dispositive power with respect to the shares held by SC Partners. SCGF LLC disclaims beneficial ownership of the securities held by SC Partners except to the extent of its pecuniary interest therein.