Logitech to Exchange Nasdaq-Listed ADRs for Shares

Logitech to Exchange Nasdaq-Listed ADRs for Shares

Logitech International (SWX: LOGN) (Nasdaq: LOGI) today announced that it intends to exchange its Nasdaq-listed American Depositary Receipts (ADRs) for Logitech shares, providing investors with the ability to trade the same Logitech securities on the Nasdaq Global Select Market as well as on the SWX Swiss Exchange. “We´re pleased that we can soon offer investors the convenience of trading all Logitech shares on Nasdaq,” said Mark Hawkins, Logitech senior vice president of finance and information systems, and chief financial officer. “We expect this to lead to enhanced liquidity for investors trading on Nasdaq.”

The exchange is expected to become effective in the second half of October 2006. The trading symbol for Logitech shares will remain LOGI on Nasdaq and LOGN on the SWX. On the effective date, the Logitech ADR program will be terminated and one ADR will be exchanged on a mandatory basis for one share. Investors holding Logitech ADRs through their bank or brokerage will have their account automatically credited with Logitech shares on or soon after the effective exchange date. Investors holding ADR certificates will receive information from The Bank of New York, the depositary for Logitech ADRs, regarding how they can receive their Logitech shares. Additional information about the share exchange is available on Logitech´s Web site.

About Logitech: Founded in 1981, Logitech designs, manufactures and markets personal peripherals that enable people to effectively work, play, and communicate in the digital world. Logitech International is a Swiss public company traded on the SWX Swiss Exchange (LOGN) and in the U.S. on the Nasdaq Global Select Market (LOGI).

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