Contact:   Paul Coghlan                             5:00 EST
           Vice President, Finance                  Monday, February 9, 2004
           (408) 432-1900                           US1


LINEAR TECHNOLOGY ANNOUNCES INCREASE IN MARCH QUARTER GUIDANCE


         Milpitas,  California,  February 9, 2004, Linear Technology Corporation
(NASDAQ-LLTC),  a leading,  independent  manufacturer of high performance linear
integrated  circuits,  today  announced  that the strong demand for its products
that the Company  discussed in connection with its  announcement of its December
quarter results has accelerated during the March quarter.  Consequently,  should
these  current  trends  continue,  the  Company  expects  to grow both sales and
profits in the March quarter  approximately  10% sequentially  from the December
quarter.  This is an  increase  over  the 7% to 8%  sequential  growth  guidance
previously given.

         The foregoing  statements  regarding demand for the Company's  products
and anticipated growth for the March quarter are forward-looking statements that
are dependent on certain risks and uncertainties  including such factors,  among
others, as world economic conditions, new orders received and shipped during the
quarter,  the continuing  availability of existing operating  facilities and the
absence of any unexpected significant changes in operating expenses.

         The Company refers  investors to its public  disclosures  including the
risk factor disclosure  continued therein,  pertaining to its recently concluded
December  quarter.  A press release was issued on January 13, 2004. A conference
call was  webcasted on January 14, 2004.  An archive of the webcast is available
at  www.linear.com  and  www.streetevents.com.  A Form 10Q for the quarter ended
December  28, 2003 was filed with the  Securities  and  Exchange  Commission  on
February 6, 2004.



         Linear Technology  Corporation was founded in 1981 as a manufacturer of
high performance linear integrated circuits.  Linear Technology products include
high  performance  amplifiers,   comparators,  voltage  references,   monolithic
filters, linear regulators, DC-DC converters, battery chargers, data converters,
communications  interface circuits,  RF signal conditioning  circuits,  and many
other analog  functions.  Applications for Linear  Technology's high performance
circuits include  telecommunications,  cellular telephones,  networking products
such as optical switches, notebook and desktop computers,  computer peripherals,
video/multimedia,   industrial  instrumentation,  security  monitoring  devices,
high-end  consumer  products  such as digital  cameras and MP3 players,  complex
medical devices,  automotive electronics,  factory automation,  process control,
and military and space systems.

         For  further  information  contact  Paul  Coghlan at Linear  Technology
Corporation,   1630  McCarthy  Blvd.,  Milpitas,  California  95035-7417,  (408)
432-1900.