Vimicro Obtains Shareholder Approval in 2006 Annual General Meeting

BEIJING, Dec. 20 /Xinhua-PRNewswire-FirstCall/ -- Vimicro International

Corporation (Nasdaq: VIMC), a leading fabless semiconductor company that

designs and develops multimedia semiconductor products and solutions, today

announced that during its 2006 annual general meeting held at Vimicro's

executive office in Beijing on December 14, 2006, the Company obtained

shareholder approval of an amendment to its 2005 Share Incentive Plan to

increase the maximum aggregate number of shares which may be issued pursuant

to all awards granted under the Plan by 8 million ordinary shares (equivalent

to 2 million ADSs) from 13,065,505 ordinary shares to 21,065,505 ordinary

shares.

About Vimicro International Corporation

Vimicro International Corporation is a worldwide leading fabless

semiconductor company that designs, develops and markets proprietary embedded

multimedia signal processing chips and solutions that enable multimedia

applications for mobile phones over 2.5G/3G networks and PCs over broadband

Internet. Vimicro's ADSs, each of which represents four ordinary shares, are

currently trading on the NASDAQ global market under the ticker symbol "VIMC."

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