SanDisk Launches Industry’s First Premium Memory Cards for Mobile Phones — Ideal for Consumers with a Digital Lifestyle

New SanDisk(R) Mobile Ultra(TM) microSD(TM)/microSDHC(TM) and SanDisk(R) Mobile Ultra(TM) Memory Stick Micro(TM) (M2) Card Lines “Wake Up Your Phone(TM)” to Increased Capacity and Fast Transfer Speeds for Music, Maps, Videos, Photos, Games and More

Press Release

SanDisk Corporation (NASDAQ:SNDK), the proven leader in flash
memory, today announced the availability of SanDisk Mobile Ultra,
microSD, microSDHC and Memory Stick Micro (M2) flash mobile memory
cards, which are available in 2GB, 4GB and 8GB# capacities — the
industry’s first premium mobile phone storage cards.

A must-have product for consumers who embody the digital
lifestyle, the SanDisk Mobile Ultra high-performance cards are “best
of breed” premium cards that provide fast side-loading speeds. This
means that users will experience accelerated transfer rates of digital
files to and from their mobile memory card and their computer. In
addition to speed, SanDisk Mobile Ultra cards allow consumers to “wake
up” the multimedia features of mobile phones by increasing the phone’s
storage capacity for maps, music, videos, photos, games and other
essential applications. For avid mobile phone videographers, events
and experiences captured by the phone’s video camera can be quickly
and efficiently transferred to social media or video-sharing websites.
For added value and convenience, the card is bundled with a
MobileMate(TM) Micro Reader that plugs directly into a USB 2.0 port to
assist in this quick transport and easy management of digital content.

“Mobile phone usage for multimedia activities, such as digital
photography, music downloads, videos, and GPS functionality has
doubled over the last two years, and spending on mobile media globally
is expected to surpass $100 billion by 2012,” said David Kerr, vice
president mobile research, Strategy Analytics. “This product launch
further proves SanDisk’s ability to anticipate changing user needs and
provide the market with the right mobile storage solutions at the
right time.”

Michael Romero, vice president of Mobile Retail Business, SanDisk,
said, “SanDisk’s new Mobile Ultra line will make consumers’ digital
lifestyle more manageable by offering them greater ability to quickly
transfer photos, maps, music, videos, games and other large file size
content wherever they go. These cards are truly the most convenient
way for people to store, move and play content using their mobile
phones, so we’re excited to introduce this high-performance, premium
product to market to meet this need and growing demand.”

With 8GB# of digital storage, for example, consumers will be able
to store 1,000 songs, 1,200 photos and 21 hours of video – more than
enough storage to drive from San Francisco to New York City without
hearing the same song twice, fill six photo albums with images and
watch both Star Wars trilogies and the Matrix trilogy.

Expected Pricing and Availability

SanDisk Mobile Ultra microSD 2GB has a manufacturer’s suggested
retail price (MSRP) of $34.99. The SanDisk Mobile Ultra microSDHC 4GB
card has a MSRP of $59.99 and the SanDisk Mobile Ultra microSDHC 8GB
card has an MSRP of $119.99. The SanDisk Mobile Ultra Memory Stick
Micro M2 2GB has a suggested MSRP of $39.99, and the 4GB and 8GB# are
priced at $69.99 and $129.99, respectively. SanDisk Mobile Ultra
memory cards will be available at various retail outlets in early
June, and are expected to be available throughout the world in
mid-to-late June 2008.

The microSD cards are engineered for slot-equipped legacy mobile
phones and can hold a maximum capacity of 2GB#. The microSDHC cards,
available in 4GB and 8GB#, are ideal for newer mobile phone models,
most of which are compatible with these higher capacity cards. The
Memory Stick Micro M2 cards are designed for Sony Ericsson’s new
generation of mobile phones, all of which are compatible with the 2GB,
4GB and 8GB# capacity levels. SanDisk Mobile Ultra cards come with a
10-year limited warranty.

For more information about SanDisk’s mobile phone products, please
visit http://www.sandisk.com/mobile or http://www.wakeupyourphone.com.

About SanDisk

SanDisk Corporation, the inventor and world’s largest supplier of
flash storage cards, is a global leader in flash memory – from
research, manufacturing, and product design, to consumer branding and
retail distribution. SanDisk’s product portfolio includes flash memory
cards for mobile phones, digital cameras, and camcorders; digital
audio/video players; USB flash drives for consumers and the
enterprise; embedded memory for mobile devices; and solid state drives
for computers. SanDisk (http://www.sandisk.com/corporate) is a Silicon
Valley-based S&P 500 company, with more than half its sales outside
the United States.

# 1 gigabyte (GB) = 1 billion bytes. Some capacity not available
for data storage.

SanDisk’s web site/home page address: http://www.sandisk.com.
SanDisk’s product and executive images can be downloaded from
http://www.sandisk.com/corporate.

SanDisk and the SanDisk logo are trademarks of SanDisk Corporation
and/or its subsidiaries, registered in the United States and other
countries. MobileMate, SanDisk Mobile Ultra and Wake Up Your Phone are
trademarks of SanDisk Corporation, and/or its subsidiaries. microSD
and microSDHC are trademarks. Memory Stick Micro M2 is a trademark of
Sony Corporation. All brand names mentioned herein are for
identification purposes only and may be trademarks of their respective
holder(s).

This press release contains certain forward-looking statements,
including expectations for new product introductions, applications,
markets, customer acceptance, customers and specifications, which are
based on our current expectations and involve numerous risks and
uncertainties that may cause these forward-looking statements to be
inaccurate. Risks that may cause these forward-looking statements to
be inaccurate include among others: our products may not perform as
expected or be available when or at the prices expected , market
demand for our products may grow more slowly than our expectations or
there may be a slower adoption rate for these products in new markets
that we are targeting, and the other risks detailed from time-to-time
under the caption “Risk Factors” and elsewhere in our Securities and
Exchange Commission filings and reports, including, but not limited
to, our Form 10-K and our quarterly reports on Form 10-Q. We do not
intend to update the information contained in this press release.

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