THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Micron Technology, Inc. (MU)

10/18/2004 Proxy Information

During fiscal 2004, the Company paid $71.3 million to Lam Research Corporation for semiconductor manufacturing equipment and related services. Mr. Bagley is the Chairman and Chief Executive Officer of Lam Research Corporation.

The Company paid $3.5 million to Texas Instruments Incorporated ("TI") for components, spare parts, and software and information technology services during the period August 29, 2003, to November 18, 2003. TI owned more than 5% of the Company's outstanding Common Stock before reducing its holdings below 5% on November 18, 2003.

During fiscal 2004, the Grove Hotel and Bank of America Centre in Boise, Idaho, received approximately $325,000 for business conducted with the Company. The Company uses the Grove Hotel for business visitors and conferences, and leases a suite for events at the Bank of America Centre. Mr. Appleton has an interest in the limited liability company that is a minority owner of the Grove Hotel and Bank of America Centre.

During fiscal 2004, the Company received $450.0 million in cash from Intel Corporation ("Intel") in exchange for the issuance of stock rights exchangeable at Intel's option into approximately 33.9 million shares of the Company's Common Stock. In conjunction with the issuance of the stock rights, the Company agreed to achieve operational objectives through May 2005. In the event the Company fails to achieve certain 2005 milestones and the Company's Common Stock price is below Intel's original purchase price of $13.29, the Company could be obligated to pay Intel amounts not to exceed $135 million, a substantial portion of which is payable, at the Company's election, in the Company's Common Stock. The Company received $71.4 million from Intel for purchases of the Company's memory products in fiscal 2004 after Intel acquired the rights to the Company's Common Stock. In addition, during fiscal 2004, the Company entered into a technology development agreement with Intel. Pursuant to this agreement, the Company will make four payments to Intel of $3.5 million beginning in fiscal 2005 and ending in fiscal 2007.

10/20/2003 Proxy Infomation

During fiscal 2003, the Company paid $7.6 million to Texas Instruments Incorporated ("TI") for components, spare parts, software and information technology services. TI owns more than 5% of the Company's outstanding Common Stock.

During fiscal 2003, the Company paid $41.7 million to Lam Research Corporation for semiconductor manufacturing equipment and related services. Mr. Bagley is the Chairman and Chief Executive Officer of Lam Research Corporation.

During fiscal 2003, the Grove Hotel and Bank of America Centre in Boise, Idaho, received approximately $315,000 for business conducted with the Company. The Company uses the Grove Hotel for business visitors and conferences, and leases a suite for events at the Bank of America Centre. Mr. Appleton has an interest in the limited liability company that is a minority owner of the Grove Hotel and Bank of America Centre.

During the period from August 30, 2002 through April 23, 2003, the J.R. Simplot Company paid approximately $64,000 to the Company for memory products. Mr. Don Simplot was a member of the Company's Board of Directors during that period and a shareholder and member of the Board of Directors of J.R. Simplot Company.