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NOVELLUS ANNOUNCES AVAILABILITY AND TIMING OF FOURTH QUARTER 2001 EARNINGS CONFERENCE CALL WEBCAST
January 02, 2002

NOVELLUS ANNOUNCES AVAILABILITY AND TIMING OF FOURTH QUARTER 2001 EARNINGS CONFERENCE CALL WEBCAST SAN JOSE, Calif., Jan. 2, 2002 — Novellus Systems, Inc. (Nasdaq:NVLS), the productivity and innovation leader in advanced deposition and surface preparation processes for the global semiconductor industry, today announced that it will release its fourth quarter 2001 earnings results in a conference call to be held Tuesday, January 22, 2002, beginning at 1:30 p.m. PST. The call will be available to listeners via an audio webcast that can be accessed from Novellus’ home page located at www.novellus.com . The replay of the webcast will be available on Novellus’ home page for seven days following the conference call.

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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