Creative voluntarily drops out of Nasdaq

Singapore - Creative Technology Ltd. today announced that the Company intends to voluntarily delist its Ordinary Shares from the NASDAQ Global Market with August 1, 2007 as the last day of trading on NASDAQ and will continue with other steps necessary to facilitate the termination of its U.S. public reporting obligations. The Company’s current primary listing on the Singapore Exchange Securities Trading Limited would then become Creative’s sole exchange listing. The delisting from NASDAQ would not affect the status of Creative’s shares on the SGX-ST.

As part of this exercise to terminate its U.S. reporting obligations, Creative delivered notice today to NASDAQ that it intends to delist its Ordinary Shares. As disclosed in the notice, on or about July 23, 2007, Creative expects to file a notification of removal from listing on the NASDAQ with the United States Securities and Exchange Commission (the "SEC").

Read the press release here