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NOVELLUS ANNOUNCES AVAILABILITY OF THE WEBCAST OF ITS PRESENTATION AT THE ROBERTSON STEPHENS SEMICONDUCTOR CONFERENCE
July 24, 2001

NOVELLUS ANNOUNCES AVAILABILITY OF THE WEBCAST OF ITS PRESENTATION AT THE ROBERTSON STEPHENS SEMICONDUCTOR CONFERENCE

San Jose, Calif. -- Jul. 24, 2001 -- Novellus Systems, Inc. (Nasdaq:NVLS), today announced that Richard S. Hill, chairman and chief executive officer, will present on July 25, 2001, at Robertson Stephens' Semiconductor Conference. The presentation will begin at 4:30 p.m. PDT and will be made available over the Internet via a live webcast.

You may access the live webcast presentation and the replay on Novellus' home page located at www.novellus.com. The replay of the webcast will be available for 14 days following the conference.

About Novellus Systems:
Novellus Systems Inc., an S&P 500 company, manufactures, markets and services advanced deposition and surface preparation equipment for today's advanced integrated circuits. The company's products are designed for high-volume production of advanced, leading-edge semiconductor devices at the lowest possible cost. Headquartered in San Jose, Calif., with subsidiaries throughout the U.S. as well as the United Kingdom, France, Germany, The Netherlands, Spain, Ireland, Israel, Italy, China, Japan, Korea, Singapore and Taiwan, Novellus is a publicly traded company on the Nasdaq stock exchange (Nasdaq:NVLS) and a component of the Nasdaq-100 Index®. Additional information about the company is available on Novellus' home page at www.novellus.com

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