Rambus Reports Fourth Quarter and Year-End Financial Results

Press Release Financials					Rambus
			4440 El Camino Real
			Los Altos, CA 94022


Condensed Consolidated Balance Sheets
(In thousands)
(Unaudited)

			December 31,			December 31,
			2008			2007

ASSETS

Current assets:
	Cash and cash equivalents		$	116,241		$	119,391
	Marketable securities			229,612			321,491
	Accounts receivable			614			442
	Unbilled receivables			889			1,478
	Prepaids and other current assets			7,871			8,349
	Deferred taxes			88			11,595
		Total current assets		355,315			462,746

Restricted cash				632			2,286
Deferred taxes, long-term				1,857			116,209
Intangible assets, net				7,244			13,441
Property and equipment, net				22,290			24,587
Goodwill				4,454			4,454
Other non-current assets				4,483			3,624
		Total assets	$	396,275		$	627,347

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:
	Accounts payable		$	6,374		$	11,283
	Accrued payroll and related benefits			9,859			9,985
	Accrued litigation expenses			14,265			26,234
	Other accrued liabilities			3,201			5,894
	Deferred revenue			1,787			2,756
		Total current liabilities		35,486			56,152

Long-term liabilities:
	Convertible notes			136,950			160,000
	Other long-term liabilities			2,854			4,111
		Total long-term liabilities		139,804			164,111

Total stockholders' equity:				220,985			407,084
		Total liabilities and stockholders' equity	$	396,275		$	627,347