Investor Contact:                        Media Contact:
Bonnie Gardiner                          Lee Garvin Flanagin
MIPS Technologies, Inc.                  MIPS Technologies, Inc.
+1 650 567 5064                          +1 650 567 5180
bonnieg@mips.com                         flanagin@mips.com


MIPS Technologies Stockholders Vote to Combine
Outstanding "MIPS, MIPSB" Common Stock


MOUNTAIN VIEW, Calif., - November 12, 2003 - MIPS Technologies, Inc.,
(Nasdaq: MIPS, MIPSB), announced today that at its regularly
scheduled Annual Meeting of Stockholders, the stockholders voted to
combine all outstanding Class A common stock and Class B common stock
into a single class of common stock.  The Board of Directors has
approved filing an amended and restated Certificate of Incorporation
to be effective November 14, 2003 so that trading in the new single
class of common stock can commence with the opening of the market on
Friday, November 14, 2003.  The company has also notified NASDAQ that
trading in the new single class of common stock under the ticker
symbol "MIPS" should commence with the opening of the US stock market
on Friday, November 14, 2003.



MIPS Technologies, Inc.
MIPS Technologies, Inc. is a leading provider of industry standard
processor architectures and cores for digital consumer and business
applications. The company drives the broadest architectural alliance
that is delivering 32- and 64-bit embedded RISC solutions. The company
licenses its intellectual property to semiconductor companies, ASIC
developers, and system OEMs. MIPS Technologies, Inc. and its licensees
offer the widest range of robust, scalable processors in standard,
custom, semi-custom and application-specific products. MIPS
Technologies, Inc. is based in Mountain View, California, and can be
reached at 650-567-5000 or www.mips.com.

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MIPS is a registered trademark in the United States and other
countries of MIPS Technologies, Inc.