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SAN JOSE, Calif., Dec. 21 /PRNewswire-AsiaNet/ –

Komag, Incorporated (Nasdaq: KOMG) and Seagate Technology have reaffirmed
their relationship. Seagate had earlier today announced that they have entered
into a definitive agreement with Maxtor under which Seagate will acquire Maxtor
in a stock transaction. Both Seagate and Maxtor are customers of Komag.

(Logo: http://www.newscom.com/cgi-bin/prnh/19990816/KOMGLOGO )

"Komag is a key strategic media supplier to both Seagate and Maxtor," said
Bill Watkins, Seagate CEO. "We have an excellent relationship with Komag and
once the announced agreement with Maxtor is completed we expect that Komag
will continue to be a strategic supplier to Seagate."

"Both Seagate and Maxtor are key customers of Komag," said T.H. Tan, Komag
CEO. "We look forward to continuing to work very closely with Seagate to help
support the media needs of an even larger more successful Seagate."

About Komag
Founded in 1983, Komag is a leading independent supplier of thin-film
disks, the primary high-capacity storage medium for digital data. Komag
leverages the combination of its world-class U.S. research and development
center and Malaysian manufacturing operations to produce disks that meet the
high-volume, stringent quality, low cost and demanding technology needs of its
customers. By enabling rapidly improving storage density at ever-lower cost
per gigabyte, Komag seeks to create extraordinary value for consumers of
computers, enterprise storage systems and electronic appliances such as
digital video recorders, game boxes and consumer electronic storage systems.

For more information about Komag, visit Komag’s Internet home page at
http://www.komag.com . The Investors section of the website provides a variety
of financial and investor information, including an investor presentation. To
request an investor packet, call Komag’s Investor Relations at 408-576-2901.

Forward-Looking Statements
This press release contains certain "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, and are
subject to the safe harbors created thereby. These statements include
expectations regarding the future relationship of Seagate and Komag, and
anticipated growth. The actual results for future periods could differ
materially from those projected in such forward-looking statements. Factors
that could cause actual results to differ include, but are not limited to,
continued customer demand and the impact of demand variation on factory
utilization, variability in demand and association impact on average selling
price of products, the ability to satisfy customer qualification requirements
and meet shipping demands, the ability to produce new generation products in
volume and other factors described in the reports filed with Securities and
Exchange Commission, including, but not limited to, Komag’s most recent Annual
Report on Form 10-K and Quarterly Reports on Form 10-Q. Komag undertakes no
obligation to update forward-looking statements to reflect events or
circumstances occurring after the date of such statements.

SOURCE Komag, Incorporated

/CONTACT:

Kathy Bayless,
Chief Financial Officer of Komag, Incorporated,
+1-408-576-2000,
or ir_web@komag.com/

/Photo: http://www.newscom.com/cgi-bin/prnh/19990816/KOMGLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com/

/Web site: http://www.komag.com /
(KOMG)

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