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For Release: May 1, 2002

Altera CEO John Daane to Deliver Keynote at Merrill Lynch Hardware Heaven Conference

San Jose, Calif., May 1, 2002 — Altera Corporation (Nasdaq: ALTR) announced today that John Daane, president and CEO, will deliver the May 2 keynote address at Merrill Lynch's 2002 Hardware Heaven Conference. Mr. Daane's presentation is scheduled to take place at 7:15 a.m. PDT. The conference is being held at the Ritz Carlton Hotel in San Francisco.

A live audio webcast of the keynote will be available until May 28 at http://www.altera.com in the investor relations section. For more information on Altera, the company, its products and services, log on to http://www.altera.com

About Altera

Altera Corporation (Nasdaq: ALTR) is the world's pioneer in system-on-a-programmable-chip (SOPC) solutions. Combining programmable logic technology with software tools, intellectual property and technical services, Altera provides high-value programmable solutions to approximately 14,000 customers worldwide. More information is available at http://www.altera.com.

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Editor Contacts:

Anna del Rosario
Altera Corporation
(408) 544-6397
newsroom@altera.com
Scott Wylie
Altera Corporation
(408) 544-7707
inv_rel@altera.com

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