Jan 28, 2004

Seagate Employees Support Charity Through Payroll Giving

NORTHERN IRELAND - Employees at Seagate Technology, Limavady, are raising much needed money for local, national and international charities through a payroll-giving scheme for charity.

Following another successful promotional campaign by Sharing the Caring in Northern Ireland, Seagate employees at the Limavady facility have pledged a further £7,000, bringing their annual pledge in support of their chosen charities to £28,260. Sharing the Caring is a professional fundraising organisation, owned solely by Help the Aged.

By donating £3.90 each month from their salaries through the scheme, they are supporting charities such as the Ulster Cancer Foundation, Help the Hospices and Elimination of Leukemia. Thanks to the Government's "Age of Giving" initiative, the tax due on the £3.90 is given back to the charity, making it worth £5.00. A further l0% boost from the Exchequer makes the final value of the donation £5.50 per month.

"Our employees have once again demonstrated great generosity and the management here is pleased to facilitate this fund-raising programme," said Shapour Bakhtiari, plant manager at Seagate's Limavady facility.

Denise Major, Business Development Manager for Sharing the Caring Northern Ireland and Scotland said: "We are absolutely delighted with the very favourable response to and support of the payroll-giving scheme to charity from the management and employees at Seagate Technology in Limavady."

NOTE TO NEWS EDITORS:
Denise Major can be contacted on tel/fax 02891 462322
Email address denise.major@helptheaged.org.uk

Sharing the Caring was set up five years ago by Help the Aged as a trading subsidiary to work to the highest ethical standards of the voluntary sector. It is the first payroll-giving organisation to be owned by charity.

Seagate is the worldwide leader in the design, manufacture and marketing of hard disc drives, providing products for a wide range of Enterprise, PC, Notebook and Consumer Electronics applications. The Company is committed to 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 has two facilities in Northern Ireland, employing over 1,800 people between them. At the Springtown wafer fabrication facility, the Company develops and manufactures the recording heads, which write information onto and read information from the recording disc inside a computer's hard drive. The Company's Limavady facility produces nickel-plated aluminium substrates, the core material on which computer hard disc drives read, write and store digital information.

Seagate and Seagate Technology are registered trademarks of Seagate Technology LLC.