PDT Prelude Tst.

RNS Number:4561D
Prelude Trust PLC
07 September 2007


Embargoed until 07.00 on Friday 7 September 2007


                         PRELUDE INVESTS FURTHER IN XMOS


Prelude Trust plc ("Prelude" or "the Trust"), the investment trust specialising
in high growth technology-based businesses and managed by Esprit Capital
Management Ltd ("DFJ Esprit"), has invested a further #1,800,000 in XMOS
Semiconductor Limited ("XMOS" or "the Company"). XMOS is a fabless semiconductor
company developing a family of Software Defined Silicon devices that give
consumer electronics system designers greater flexibility in accelerating the
introduction of new products.


The investment is part of an #8 million Series 'A' funding round led by Silicon
Valley based, Foundation Capital and supported by existing investors Prelude and
Amadeus Capital Partners. The financing brings Prelude's total investment in
XMOS to #2.4 million and its shareholding to 22.1%.


Alan Duncan a partner with DFJEsprit and a director of XMOS said: "We are very
pleased with the progress that XMOS has made since our investment last year.
Using fundamental technology originally developed at Bristol University, XMOS is
developing a family of multi-processor chips that can be programmed at a high
level to be capable of replacing many conventional chip and FPGA based designs.
We expect XMOS to move into the early revenue stage in 2008 and have been
encouraged by the level of interest in their products already being shown by
some of the world's leading consumer electronics companies."


James Foster, CEO added; "This funding is a significant milestone for XMOS and
will enable us to continue engaging with major electronics companies on the
global stage and to move into volume manufacture of our initial family of
'Software Defined Silicon' chips. We are delighted that Foundation has joined
the strong founding investment syndicate and consider their decision further
evidence that XMOS is leading the world in this major new semiconductor device
market"


For further information, please visit www.prelude-trust.co.uk or contact:

Alan Duncan/Jayne Tamblin              John West/Clemmie Carr
Prelude Trust plc                      Tavistock Communications
Tel: 01223 307 770                     Tel: 020 7920 3150
alan.duncan@dfjesprit.com              jwest@tavistock.co.uk



                      This information is provided by RNS
            The company news service from the London Stock Exchange

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