GIGAMEDIA Ltd — Director's Dealing 2008

Mar 14, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GIGAMEDIA LTD (GIGM)
CIK: 0001105101
Period of Report: 2008-03-13

Reporting Person: Criterion Capital Partners Master Fund, L.P. (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-03-13	Ordinary Shares	P	24484	$16.1274	Acquired	8319357	Indirect

Footnotes

F1: The shares reported in Item 5 of Table 1 are the aggregate number of shares beneficially owned indirectly by Criterion Capital Management, LLC, the general partner of Criterion Capital Partners Master Fund, L.P. and the investment adviser or general partner of other investment funds and accounts. Criterion Capital Management, LLC disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein. The total amount reported in Item 5 includes 6,124,716 shares beneficially owned directly by the Reporting Person, Criterion Capital Partners Master Fund, L.P.