Dubai, UAE, November 9, 2004 -- Maxtor Corporation (NYSE: MXO), a worldwide leader in hard disk drives and consumer storage products, announced today that all Maxtor hard drive products introduced in Q1 2005 and beyond will meet the Restriction of Hazardous Substances (RoHS) compliance directive adopted by the European Union (EU). The RoHS directive requires manufacturers to significantly reduce lead, mercury, hexavalent chromium, cadmium, polybrominated biphenyls (PBB), and polybrominated diphenyl ether (PBDE) content in all electronic products sold in Europe beginning in July 2006.

"Maxtor values environmental preservation," said Misha Rozenberg, senior vice president and chief quality officer at Maxtor Corporation. "Maxtor is in full support of the RoHS directive and Waste Electrical and Electronic Equipment (WEEE) initiative released by the European Union and is pleased to report that its new hard drive products will conform well in advance of the compliance dates."           

In 2003, Maxtor developed an internal compliance team to direct these efforts and implement RoHS compliance standards to eliminate lead and other hazardous substances that reside under the EU directive as well as endorse the principals of the WEEE initiative. Maxtor implemented aggressive timelines to meet requirements in advance of the July 2006 compliance date and will continue to work closely with global OEMs including those in the Middle East & Africa region on their specific requests and timeline sensitivities.

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About Maxtor Corporation
Maxtor Corporation (www.maxtor.com) is one of the world's leading suppliers of hard disk drives for consumer, industrial and entertainment applications. The company has an expansive line of storage products for desktop computers, storage systems, high-performance servers and consumer electronics. Maxtor has a reputation as a proven market leader built by consistently providing high-quality products and service and support for its customers. Maxtor and its products can be found at www.maxstore.com or by calling toll-free (800) 2-MAXTOR. Maxtor is traded on the NYSE under the MXO symbol.

Note:
Maxtor and the Maxtor stylized logo are registered trademarks of Maxtor Corporation.

This announcement relating to Maxtor may contain forward-looking statements concerning the distribution and sale of Maxtor products and Maxtor's execution. These statements are based on current expectations and are subject to risks and uncertainties which could materially affect the company's results, including, but not limited to, market demand for hard disk drives, the successful execution of distribution and sales development programs, the development and implementation of new technologies, the company's ability to execute future production ramps and utilize manufacturing assets efficiently, pricing, competition, and the significant uncertainty of market acceptance of new products. These and other risk factors are contained in documents that the company files with the SEC, including the Form 10-K for fiscal 2003 and its recent 10-Qs. Maxtor is under no obligation to, and expressly disclaims any responsibility to update or alter, its forward-looking statements, whether as a result of new information, future events or otherwise.

Media Contact:
Ms Sawsan Ghanem, PR Consultant, Active PR
Tel: +9714-3900228
Fax: +9714-3904656
E-mail: activepr@emirates.net.ae
Address: P.O. Box 502152,
Dubai,
UAE

© Press Release 2004