WESTLAKE VILLAGE, Calif., Sept. 23 /PRNewswire-FirstCall/ -- Diodes Incorporated (Nasdaq: DIOD) today announced the pricing of a secondary offering of 2,500,000 shares of its common stock at a price to the public of $35.75 per share. Of the shares being offered, 1,750,000 shares are being offered by the Company and 750,000 shares are being offered by Lite-On Semiconductor Corporation, the Company's largest stockholder. Diodes will not receive any of the proceeds from the sale of shares of common stock by the selling stockholder.

In addition, the Company has granted the underwriters an option to purchase up to an additional 375,000 shares to cover over-allotments, if any, at the public offering price. The underwriters will have 30 days from the date of the final prospectus to exercise the option.

The offering was made through an underwriting syndicate led by UBS Investment Bank as the book-running manager for the offering, and A.G. Edwards & Sons, Inc., C.E. Unterberg, Towbin, LLC, Raymond James & Associates, Inc. and WR Hambrecht + Co, LLC as co-managers. Copies of the prospectus relating to the offering may be obtained from the UBS Investment Bank, Prospectus Department, 299 Park Avenue, New York, NY 10171.

This press release shall not constitute an offer to sell or the solicitation of any offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Diodes Incorporated

Diodes Incorporated (Nasdaq: DIOD) is a global supplier of discrete semiconductor products. The Company designs, manufacturers and markets discrete semiconductors focused on diverse end-use applications in the consumer electronics, computing, industrial, communications and automotive sectors.

     CONTACT:
     Carl C. Wertz, Chief Financial Officer, Diodes Incorporated,
      (805) 446-4800
     Crocker Coulson, President, CCG Investor Relations,
      (310) 477-9800

SOURCE  Diodes Incorporated
    -0-                             09/23/2005
    /CONTACT:  Carl C. Wertz, Chief Financial Officer of Diodes Incorporated,
+1-805-446-4800; or Crocker Coulson, President of CCG Investor Relations,
+1-310-477-9800, for Diodes Incorporated/
    /Web site:  http://www.diodes.com /
    (DIOD)

CO:  Diodes Incorporated; Lite-On Semiconductor Corporation
ST:  California
IN:  CPR SEM HRD PEL
SU:  OFR

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8990 09/23/2005 09:00 EDT http://www.prnewswire.com