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Artisan Components Prices Follow-On Public Offering

07 May 2003

SUNNYVALE, Calif., -- May 7, 2003 -- Artisan Components Inc., (Nasdaq: ARTI), a leading provider of physical intellectual property (IP), today announced that it has priced the sale of 2,518,768 newly issued shares of its common stock by the company and 1,081,232 shares of its common stock by selling stockholders at $19.00 per share. The company will not receive any of the proceeds from the sale of shares by the selling stockholders. The company has also granted the underwriters a 30-day option to purchase up to an additional 540,000 shares to cover over-allotments, if any.

The managing underwriters of the offering are UBS Warburg LLC, RBC Capital Markets, Needham & Company, Inc. and D.A. Davidson & Co.

A final prospectus relating to the offering may be obtained from UBS Warburg LLC, 299 Park Avenue, New York, NY 10171-0026; RBC Capital Markets, RBC Dain Rauscher Plaza, 60 South Sixth Street, Minneapolis, MN 55402; Needham & Company, Inc., 445 Park Avenue, New York, NY 10022 and D.A. Davidson & Co., Inc., 701 Fifth Avenue, Suite 3250, Seattle, WA 98104.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there by any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

About Artisan Components
Artisan Components, Inc. is a leading semiconductor intellectual property (IP) provider. The company's design platforms are licensed to over 1000 companies worldwide. Artisan's design platforms provide IC designers with a common interface to a range of process technologies from the world's leading foundries. Built on Artisan's Process-Perfect™ memory generators, standard cell and I/O libraries, Artisan's design platforms include a comprehensive set of views and models supporting leading design tools and methodologies. Artisan's worldwide network of EDA, IP and design service partners extend the Artisan standard to a complete set of system level design and integration solutions. Artisan is headquartered in Sunnyvale, California. More information about Artisan Components, including free library access can be found at: http://access.arm.com.

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Artisan Components and Artisan are registered trademarks of Artisan Components, Inc. All other trademarks or registered trademarks are the property of their respective owners.