Thursday 5th July, 2001 - In response to recent share price volatility
Parthus Technologies plc (Nasdaq: PRTH, LSE: PRH) today confirms that
second quarter results, to be announced on July 24th, remain on track. The
Company does not currently foresee any material change in expectations
over the short term and is unaware of any operational reason for the
recent sharp decline in the Company's share price.

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About Parthus

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Safe Harbor Statement

This document may contain "forward looking
statements" within the meaning of Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of 1934,
as amended. Any "forward looking statements" in this document are subject
to certain risks and uncertainties that could cause actual results to
differ materially from those stated. Any statements that are not
statements of historical fact (including, without limitation, statements
to the effect that the company or its management "believes," "expects,"
"anticipates," "plans" and similar expressions) should be considered
forward-looking statements. Important factors that could cause actual
results to differ from those indicated by such forward-looking statements
include uncertainties relating to the acceptance of semiconductor
intellectual property offerings, expansion of our business, quarterly
variations in results, and other uncertainties that are discussed in our
2000 Annual Report on Form 20-F which is on file with the SEC since June
26, 2001.