SAN JOSE, Calif. -- Sanmina Corporation (NASDAQ NM: SANM), a leading electronics contract manufacturer, announced today that its 2001 fourth quarter revenues and earnings are being impacted by the continued slowdown in its end-markets. For its fiscal fourth quarter, ending September 29, 2001, revenues are currently expected to be in the range of $600 million to $620 million. Diluted earnings per share and cash diluted earnings per share for the fourth fiscal quarter before restructuring and other one-time charges are expected to be approximately $0.00 to $0.01 and $0.01 to $0.02 respectively. Commenting on the revised outlook for the company's fourth fiscal quarter, Jure Sola, Sanmina's chairman and chief executive officer, said, "Sanmina's operations continue to be affected by the ongoing slowdown in capital spending by its end-markets. As a result of reduced near-term demand, we have implemented a number of aggressive programs to consolidate operations, improve efficiencies and realign our capacity to meet customer demand. At the same time, mindful of our customers' future needs, we are committed to investing in leading-edge technology and to pursuing our long-term strategic objectives of growing our business and building shareholder value. Clearly, our goal is to navigate as efficiently and effectively as possible during this challenging period. "While we are disappointed by the current outlook, we believe the long-term fundamentals of the electronic manufacturing services industry remain intact due to the increasing trend in outsourcing as well as our customers' expanding new product programs. We are confident of our growth prospects, and we believe we have taken the necessary steps to enable us to come out of this challenging environment well positioned for the future," concluded Sola.Sanmina Corp.