FISCAL YEAR 2000, SECOND QUARTER

 

03/16/00   Read-Rite announces successful exchange offer with $325 Million, or 94%, of notes tendered and the placement of over $50 Million in new notes; Bank group to lift blocking notice
03/10/00   Read-Rite announces revised conversion price on exchange offer
03/09/00   Read-Rite amends terms of pending exchange offer and extends expiration date to March 15
03/07/00   Read-Rite ramps production of GMR heads for Western Digital's Caviar 7200 rpm 10.2 GB per platter drive
03/07/00   Federal court dismisses shareholder class action suits against Read-Rite
03/03/00   Read-rite announces conversion price on exchange offer
02/23/00   Read-Rite enters GMR recording head market for high-end enterprise disk drives; company receives volume production orders for Quantum's high-end 10K rpm drive
02/08/00   Read-Rite announces agreement with Fujitsu to develop advanced GMR recording heads designed for the 2.5 inch portable disk drive market
02/03/00   Read-Rite successfully obtains amendment to its bank credit facility through May 25th
01/27/00   Read-Rite Corporation announces a filing of a registration statement for an exchange offer of 10% convertible subordinated notes due September 2004