BANGKOK -- Fabrinet (NYSE:FN - News), a provider of precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers of complex products, announced today that an underwritten secondary public offering of 7,211,000 ordinary shares has been priced at $28.50 per share. All of the shares are being offered by certain selling shareholders, and Fabrinet will not receive any proceeds from the offering. The size of the offering was increased from the previously announced 6,000,000 ordinary shares. The underwriters will have an option to purchase up to 1,081,650 ordinary shares from the selling shareholders to cover over-allotments, if any. The offering is expected to close on March 9, 2011, subject to customary closing conditions.

Morgan Stanley & Co. International plc and J.P. Morgan Securities LLC acted as joint book-runners for the offering, and Stifel Nicolaus & Company, Incorporated and Cowen and Company, LLC acted as co-managers for the offering.

A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on March 3, 2011. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor may there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Fabrinet Co. Ltd. (NYSE:FN)