To: Sr K who wrote (2096 ) 4/11/2001 1:03:14 AM From: Sr K Respond to of 3436 Motorola added 5 Business Risks in the past 3 months: 4/10/2001: Statements about the impact of the Company's cost-reduction activities, future cost-reduction actions, future growth and profitability of the Personal Communications Segment, the impact of GPRS, the commercial availability of new products, the completion of pending transactions and statements in "Review and Outlook" are forward-looking statements based on current expectations and involve risks and uncertainties. Motorola wishes to caution the reader that the factors below and those on pages F-29 through F-33 of the appendix to Motorola's Proxy Statement for the 2001 annual meeting of stockholders and in its other SEC filings could cause Motorola's actual results to differ materially from those stated in the forward-looking statements. These factors include: (i) the impact of the ongoing slowdown in the overall economy; (ii) the uncertainty of current economic conditions; (iii) the company's ability to successfully complete its ongoing cost-reduction efforts; (iv) the success of the company's ongoing cost-reduction efforts; (v) the company's continuing ability to access the capital markets on favorable terms; (vi) the impact that lower-than-anticipated demand worldwide for wireless telephones will have on the company's performance; (vii) demand for the company's products, including products related to new technologies such as Internet-ready phones; (viii) the company's ability to achieve profitability in its digital wireless telephone business, especially as it competes in the lower-tier wireless telephone market; (ix) the company's success in the emerging 3G market; (x) the demand for vendor financing and the company's ability to provide that financing in order to remain competitive; (xi) the creditworthiness of the company's customers, especially purchasers of large infrastructure systems; (xii) improvement in the worldwide semiconductor industry and the company's participation in that improvement; (xiii) unexpected liabilities or expenses, including unfavorable outcomes to any currently pending or future litigation, including any relating to the Iridium project; (xiv) pricing pressures and demand for the company's products, especially if economic conditions continue to worsen in the company's markets; (xv) the success of alliances and agreements with other companies to develop new products and services; (xvi) product and technology development and commercialization risks, including for newer digital products; (xvii) difficulties in integrating the operations of newly-acquired businesses and achieving strategic objectives, cost savings and other benefits; (xviii) the impact of foreign currency fluctuations; and (xix) the impact of changes in governmental policies, laws or regulations. 1/10/2001: Statements about future cost reduction measures and the impact thereof, the commercial availability of new products, the completion of pending transactions and in "Review and Outlook" are forward-looking statements based on current expectations and involve risks and uncertainties. Motorola wishes to caution the reader that the factors below and those on pages F-25 through F-28 of the appendix to Motorola's Proxy Statement for the 2000 annual meeting of stockholders and in its other SEC filings could cause Motorola's actual results to differ materially from those stated in the forward-looking statements. These factors include: (i) the impact of foreign currency fluctuations on the company; (ii) the impact that lower-than-anticipated demand worldwide for cellular telephones will have on the company's performance; (iii) demand for products, including products related to new technologies such as Internet-ready phones; (iv) the company's ability to achieve improved profitability in its digital wireless telephone business, especially as it competes in the lower-tier wireless telephone market; (v) the company's success in the emerging 3G market; (vi) the demand for vendor financing and the company's ability to provide that financing in order to remain competitive; (vii) improvement in the worldwide semiconductor industry and the company's participation in that improvement; (viii) unexpected liabilities or expenses, including unfavorable outcomes to any currently pending or future litigation, including any relating to the Iridium project; (ix) pricing pressures and demand for the company's products, especially if economic conditions worsen in the company's markets; (x) the success of alliances and agreements with other companies to develop new products and services; (xi) product and technology development and commercialization risks, including for newer digital products; (xii) difficulties in integrating the operations of newly-acquired businesses and achieving strategic objectives, cost savings and other benefits; (xiii) the success of the company's ongoing cost-reduction efforts; and (xiv) the success of the company's ongoing product portfolio simplification efforts.