Nov 12, 2001

Seagate Champions Forest Restoration in Taiwan

TAIPEI, Taiwan - As one of the most dynamic and important markets for technology products in Asia, Taiwan has long been a country of strategic focus for Seagate Technology, the world's leading supplier of hard disc drives. Now the Company's focus is expanding beyond business relationships and key customers here, demonstrated by Seagate's support of a major environmental initiative for reforestation in Taiwan. A major component of this effort is the Company's sponsorship of a charity concert held last night to raise funds and increase awareness for the reforestation initiative.

The "Seagate Cares for Taiwan's Land Restoration Concert" was held on November 11, 2001 at the National Musical Hall. The Philharmonic Moment Musical orchestra, which is highly renowned in the world of classical music, was one of the highlights of the concert, with all proceeds from ticket sales committed to aid reforestation by the Taiwan Forestry Bureau, Council of Agriculture of Administrative Yuan.

"Seagate is not only committed to continual innovation in the IT industry, but we play an active role in the communities in which we do business," said BanSeng Teh, Seagate's managing director for Asia sales and marketing. "Through the charity concert, Seagate hopes to raise the awareness of the importance of environment conservation and to raise funds for the restoration program."

"For the past few years, Taiwan's forests have encountered serious devastation due to improper development, and one of the results is negative impact to water resource preservation here," said Mr. Huang, the chief of Taiwan Forest Bureau (TFB), Council of Agriculture of Administrative Yuan. "Through the forest restoration program, we hope our society can turn the conservation idea into action and learn to cherish our natural forests. We are very grateful to Seagate for initiating this fund raising concert which will give the bureau an opportunity to reconstruct our homeland."

About Forestry Bureau
The Taiwan Forestry Bureau has been authorized to manage the national forests. In accordance to the multiple-use forest land, the Bureau has five branches and four offices at its headquarters. In addition, eight Forest District Offices and one Agricultural & Forestry Aerial Survey Institute, which are responsible for the production of photo base map, are under the TFB supervision. At present, there are 4,019 employees at TFB including 1,379 staffs and 2,460 workers. Under the organization simplification, the Bureau emphasizes the job efficiency and the performance.

About Philharmonic Moment Musical
Founded in February 1998, Philharmonic Moment Musical is a brainchild of the prominent young violinist & conductor Po-Po Chiang. Driven by a burning enthusiasm for music and profound compassion for humanity, Po-Po envisioned the kind of positive impact on Chinese society a professional-level ensemble that consistently making honest and high quality music is able to bring about. After a long, drilling period of preparation and training, the result proved to be fruitful. Consisted of the finest and most devoting young instrumentalists of Taiwan, Philharmonic Moment Musical has, after three years, established itself as the leading ensemble of its kind in the region.

About Seagate
Seagate is the world's leading provider of storage technology for Internet, business and consumer applications. The Company's products include disc drives for the Enterprise, PCs and Consumer Electronics, as well as Storage Area Network (SAN) solutions. Seagate's market leadership is based on delivering award-winning products, customer support and reliability to meet the world's growing demand for information storage. Seagate can be found around the globe and at www.seagate.com.

Seagate, Seagate Technology and the Seagate logo are registered trademarks of Seagate Technology LLC. Barracuda, Cheetah, U Series, SeaShield, SeaShell, DiscWizard, 3D Defense System, are either trademarks or registered trademarks of Seagate Technology LLC or one of its affiliate companies. All other trademarks are the property of their respective owners. Seagate reserves the right to change, without notice, product offerings or specifications.