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NOVELLUS ANNOUNCES AVAILABILITY OF THE WEBCAST OF ITS PRESENTATION AT THE 34TH ANNUAL JPMORGAN TECHNOLOGY CONFERENCE
May 15, 2006

SAN JOSE, Calif., May 15, 2006—Novellus Systems, Inc. (Nasdaq NM: NVLS), today announced that William H. Kurtz, Novellus' executive vice president and chief financial officer, will present on Monday, May 22, 2006, at the 34th Annual JPMorgan Technology Conference. The presentation will begin at 10:00 a.m., PDT, and will be made available over the Internet via a live webcast.

The live webcast presentation may be accessed via Novellus' Investor Relations home page at www.novellus.com/. A replay of the webcast will be available for seven days following the conference.

About Novellus:

Novellus Systems, Inc. (NASDAQ: NVLS) is a leading provider of advanced process equipment for the global semiconductor industry. The company's products deliver value to customers by providing innovative technology backed by trusted productivity. An S&P 500 company, Novellus is headquartered in San Jose, Calif. with subsidiary offices across the globe. For more information please visit www.novellus.com

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