Tyco Electronics Successfully Completes Tender Offer for ADC Shares

SCHAFFHAUSEN, Switzerland, Dec. 9, 2010 - Tyco Electronics Ltd. (NYSE: TEL) announced today the successful completion of its tender offer through its subsidiary, Tyco Electronics Minnesota, Inc., to purchase the outstanding shares of common stock of ADC Telecommunications, Inc. (Nasdaq: ADCT). The tender offer expired at 5:00 p.m., New York City time on Wednesday, Dec. 8, 2010, and was not extended. The depositary for the tender offer has advised Tyco Electronics that, as of the expiration of the offering period, a total of approximately 84,333,859 common shares of ADC were validly tendered and not withdrawn (not including approximately 4,794,355 shares subject to guaranteed delivery procedures), representing 86.80% of the outstanding ADC common shares. All shares that were validly tendered and not withdrawn during the initial offering period have been accepted for payment. Tyco Electronics Minnesota will be exercising its option under the merger agreement to purchase newly issued shares from ADC at the tender offer price. Tyco Electronics intends to complete the acquisition process by effecting a short-form merger pursuant to Minnesota law without a vote or meeting of ADC's remaining stockholders. The merger is expected to be consummated later today. Following the merger, ADC will become an indirect wholly-owned subsidiary of Tyco Electronics, and each share of ADC's outstanding common stock (other than shares owned by Tyco Electronics or any direct or indirect wholly-owned subsidiary of Tyco Electronics or ADC) will be cancelled and converted into the right to receive the same consideration, without interest, received by holders who tendered in the tender offer, subject to the proper exercise of dissenters' rights. Thereafter, ADC common stock will cease to be traded on the NASDAQ. ABOUT TYCO ELECTRONICS (TE) Tyco Electronics Ltd. is a global technology company with fiscal 2010 sales of US$12.1 billion to customers in more than 150 countries. We design, manufacture and market products for customers in a broad array of industries including automotive; data communication systems; consumer electronics; telecommunications; aerospace, defense and marine; medical; energy; and lighting. With approximately 7,000 engineers and worldwide manufacturing, sales and customer service capabilities, we are a recognized leader in many of the industries we serve. More information on TE can be found at www.te.com. SOURCE Tyco Electronics Ltd. CONTACT: Media Relations, Sheri Woodruff, Office, +1-610-893-9555, Mobile, +1-609-933-9243, swoodruff@te.com, Investor Relations, Keith Kolstrom, +1-610-893-9551, keith.kolstrom@te.com Web Site: www.tycoelectronics.com