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Tower Semiconductor Ltd. Call Transcript 2007

Jan 31, 2007

7095_rns_2007-01-31_1bd23a88-0e9a-4517-ab40-9c64f451b9ce.pdf

Call Transcript

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Tower Semiconductor Announces Fourth Quarter and Fiscal Year 2006 Results Conference Call

Migdal Haemek , Israel— January 31, 2007—Tower Semiconductor (Nasdaq: TSEM, TASE: TSEM), a pure-play independent specialty foundry, will hold its quarterly conference call to discuss fourth quarter and fiscal year 2006 results on Wednesday, February 7, 2007, at 11:00 a.m. Eastern Time (10:00 a.m. Central, 9:00 a.m. Mountain, 8:00 am Pacific and 18:00 Israel Time).

Tower Semiconductor will issue the fourth quarter and fiscal year 2006 earnings release on Wednesday, February 7, 2007 during pre-market hours.

This call is being webcast by Thomson/CCBN and can be accessed at Tower’s Web site at www.towersemi.com, or you can call in the U.S. and in Israel to participate in the conference by calling a domestic number:

1-800-994-4498 (U.S. Toll-Free) 03-918-0609 (Israel) +972-3-918-0609 (International)

The webcast is also being distributed through the Thomson StreetEvents Network to both institutional and individual investors. Individual investors can listen to the call at www.earnings.com, Thomson/CCBN’s individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson’s passwordprotected event management site, StreetEvents (www.streetevents.com). The teleconference will be available for replay for 90 days.

About Tower Semiconductor Ltd.

Tower Semiconductor Ltd. is a pure-play independent specialty foundry established in 1993. The company manufactures integrated circuits with geometries ranging from 1.0 to 0.13micron; it also provides complementary technical services and design support. In addition to digital CMOS process technology, Tower offers advanced non-volatile memory solutions, mixed-signal & RF-CMOS, and CMOS image-sensor technologies. To provide world-class customer service, the company maintains two manufacturing facilities: Fab 1 has process standard and specialized technologies from 1.0 to 0.35 micron and Fab 2 features standard and specialized technologies of 0.18, 0.16 and 0.13-micron. Tower’s Web site is located at http://www.towersemi.com/.

Contacts:

Tower Semiconductor Ilanit Vudinsky, +972 4 650 6434 [email protected]

or

Shelton Group Melissa Conger, 972-239-5119 ext. 137 [email protected]

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