Zarlink Concerned Shareholders to Host Investor Call Wednesday, July 16

    Shareholders Can View David Banks Interview on Business News Network

    OTTAWA, July 15 /CNW/ - The Concerned Shareholders of Zarlink
Semiconductor Inc. invite fellow shareholders to join them for a presentation
and conference call on their proposal to make needed changes at Zarlink.
    Scott Leckie, Daniel Owen and David Banks will outline their plan for a
turnaround at Zarlink following the recommended replacement of the current
Board and Chief Executive Officer. They will also review the history of 
shareholder value creation by the Concerned Shareholder Nominees.

    Shareholder Call Details:

        Date: Wednesday, July 16, 2008

        Time: 12:15 p.m. Eastern Time

        North American Dial-In Number: 1-866-234-7330

        International Dial-In Number: 706-634-5011

        Access Code: 55356516

    Positive Change - Presentation to Zarlink Shareholders, a presentation to
accompany the investor call and containing additional important information,
can be downloaded prior to the start of the call from the
website. Due to the expected high number of participants, it is recommended
that fellow shareholders dial in at least 10 minutes prior to the start of the
call. Participants will be in listen-only mode but are invited to contact
Kingsdale Shareholder Services at 1-866-851-2484 with any questions following
the call.

    Concerned Shareholder on Business News Network (BNN)

    Concerned Shareholder David Banks was interviewed live on BNN's program
Taking Stock, on Monday, July 14. Shareholders can view the segment on BNN's
website through the link provided below:


    Following a short commercial that will play, the segment with David Banks
is at the 18 - minute mark of the broadcast.
    More information regarding the lost years under Mandy and his Board,
along with details of the Concerned Shareholders' plan for enhancing
shareholder value are provided at

    Vote your BLUE proxy for Change

    The Concerned Shareholders remind their fellow Zarlink shareholders:

    Your vote is very important to the future of your investment in Zarlink.
If, after reading the Concerned Shareholder Proxy Circular, you agree that the
Concerned Shareholder Nominees will better serve your interests as a
shareholder of Zarlink, please vote the BLUE form of proxy distributed with
the Concerned Shareholder Proxy Circular.
    You may vote the BLUE proxy for change even if you have previously
deposited a management proxy or other proxy. A timely delivered and
later-dated BLUE proxy automatically revokes any earlier one.
    There is only a short time in which to make the needed change at Zarlink.

    -   In order to be deposited with Zarlink's registrar and transfer agent
        in time to be used at the meeting, your BLUE proxy should reach
        Kingsdale Shareholder Services Inc. before 5:00 p.m. (Eastern Time)
        on Friday, July 18, 2008.

    -   Please fax only your BLUE proxy to 416-867-2271 or toll free:
        1-866-545-5580. Hand delivered proxies should be returned to
        Kingsdale at the Exchange Tower, 130 King Street West, Suite 2950,
        P.O. Box 361, Toronto, Ontario, M5X 1E2.

    -   Non-registered shareholders are advised to refer to the information
        under "General Proxy Information - Non-Registered Shareholders" in
        the Concerned Shareholder Proxy Circular.

For further information:

For further information: The Concerned Shareholders of Zarlink
Semiconductor Inc., Scott Leckie, (416) 363-3399

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