Marvell Technology Updates Outlook for Fiscal Third Quarter

SANTA CLARA, Calif., Oct. 26 -- Marvell Technology Group Ltd. (Nasdaq: MRVL), a leader in storage, communications and consumer silicon solutions, today updated its financial outlook for the third quarter of fiscal 2010, ending October 31, 2009.

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Expected next investor conference call information:
Conference Call Date: 8/27/2009
Conference Call Time (ET): 4:45 PM
Conference Call URL: http://www.marvell.com/investors/earnings.do

Members of the class described above may be entitled to share in the settlement fund and their rights will be affected whether they act or not. Those who have not yet received the full printed Notice of Pendency of Class Action and Proposed Settlement, Motion for Attorneys' Fees and Litigation Expenses, and Settlement Fairness Hearing (the "Notice") and Proof of Claim and Release form ("Proof of Claim"), may obtain copies of these documents by contacting:

    In re Marvell Technology Group Ltd. Securities Litigation
    c/o Epiq Systems
    Claims Administrator
    P.O. Box 5270
    Portland, OR 97208-5270
    (877) 271-1389

    Inquiries, other than requests for the Notice and Proof of Claim, may be
    made to Co-Lead Counsel:

    Michael K. Yarnoff, Esq.           Joseph C. Kohn, Esq.
    John A. Kehoe, Esq.                Denis F. Sheils, Esq.
    Barroway Topaz Kessler             Kohn, Swift & Graf, P.C.
    Meltzer & Check, LLP               One South Broad Street
    280 King of Prussia Road           Suite 2100
    Radnor, PA 19087                   Philadelphia, PA 19107

To participate in the Settlement, Class members must submit a Proof of Claim no later than December 18, 2009. Members of the Class that do not submit a timely, valid Proof of Claim will not share in the settlement, but nevertheless will be bound by the Order and Final Judgment entered by the Court in this litigation. As more fully described in the Notice, the deadline for submitting objections and requests for exclusion is October 23, 2009.

Further information may also be obtained by directing your inquiry in writing to the Claims Administrator, Epiq Systems, at the address listed above, or by visiting www.MarvellSecuritiesSettlement.com.

SOURCE Marvell Technology Group Securities Litigation Settlement Administrator, Epiq Systems Inc.

http://www.MarvellSecuritiesSettlement.com

Expected next investor conference call information:
Conference Call Date: 8/27/2009
Conference Call Time (ET): 4:45 PM
Conference Call URL: http://www.marvell.com/investors/earnings.do