Tyco Electronics Announces the Expiration of the Tender Offer for Its 6.000% Senior Notes Due 2012, 6.550% Senior Notes Due 2017 and 7.125% Senior Notes Due 2037

Jul 8, 2009

SCHAFFHAUSEN, Switzerland, July 8 /PRNewswire-FirstCall/ -- Tyco Electronics Ltd. (NYSE: TEL) announced today that the tender offer by its wholly-owned subsidiary, Tyco Electronics Group S.A. ("TEGSA"), for its 6.000% Senior Notes due 2012, 6.550% Senior Notes due 2017 and 7.125% Senior Notes due 2037 expired at 11:59 p.m., New York City time, on July 7, 2009 (the "Expiration Date"). The aggregate principal amount of each series validly tendered is set forth in the table below.

             CUSIP                Title of Security       Principal Amount
             Number                                         Tendered

           902133AE7     6.000% Senior Notes due 2012     $86,371,000
           902133AF4     6.550% Senior Notes due 2017     $42,475,000
           902133AG2     7.125% Senior Notes due 2037     $23,178,000

TEGSA has accepted all validly tendered notes for payment and expects to pay the tender offer consideration, together with accrued and unpaid interest on all tendered notes, on July 9, 2009.

This release is neither an offer to purchase nor a solicitation of an offer to sell any notes. The tender offer was made pursuant to the Offer to Purchase dated June 9, 2009, as amended. Persons with questions regarding the tender offer should contact the dealer manager, J.P. Morgan Securities Inc., at (866) 834-4666 (toll free) or (212) 834-3424 (collect), or the Information Agent, Global Bondholder Services Corporation, at (866) 470-3900.


Tyco Electronics Ltd. is a leading global provider of engineered electronic components, network solutions, undersea telecommunication systems and specialty products, with fiscal 2008 sales of US$14.8* billion, to customers in more than 150 countries. We design, manufacture and market products for customers in a broad array of industries including automotive; data communication systems and consumer electronics; telecommunications; aerospace, defense and marine; medical; and alternative energy and lighting. With approximately 7,000 engineers and worldwide manufacturing, sales and customer service capabilities, Tyco Electronics' commitment is our customers' advantage. More information on Tyco Electronics can be found at http://www.tycoelectronics.com/. (* Includes revenue from the company's former Wireless Systems segment, which will be reported as a discontinued operation beginning in the fiscal third quarter of 2009.)

SOURCE: Tyco Electronics Ltd.

Web site: http://www.tycoelectronics.com/