A more complete discussion of risks and uncertainties that may affect the accuracy of forward-looking statements included in this press release or which may otherwise affect our business is included under the heading "Risk Factors" in our most recent filings on Forms 20-F, F-4, F-3 and 6-K, as were filed with the Securities and Exchange Commission (the "SEC") and the Israel Securities Authority and Jazz's most recent filings on Forms 10-K and 10-Q, as were filed with the SEC. Future results may differ materially from those previously reported. The Company does not intend to update, and expressly disclaims any obligation to update, the information contained in this release.

    Contacts:

    Tower Semiconductor,
    Limor Asif, + 972-4-650-6936,
    Limoras@towersemi.com

    or:

    Shelton Group,
    Ryan Bright, +972-239-5119 ext. 159,
    rbright@sheltongroup.com .