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Microtune, Inc.  Securities Litigation
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Microtune, Inc.   (NasdaqGM: TUNE)  shareholder litigation in connection with alleged unfair
takeover offer

On September 8, 2010, Microtune, Inc. (“Microtune” or the “Company”)   announced that it had agreed
to sell the Company to Zoran Corporation ("Zoran") (NasdaqGM: ZRAN). Under the terms of the
transaction, Microtune shareholders will receive $2.92 in cash for each share of Microtune common
stock they own for a total transaction value of approximately $166 million.

The investigation concerns whether the Microtune Board of Directors breached their fiduciary duties
to Microtune stockholders by failing to adequately shop the Company before entering into this
transaction and whether Zoran is underpaying for Microtune shares, thus unlawfully harming
Microtune stockholders. In particular, Microtune stock traded as high as $2.98 per share as recently
as April 30, 2010, for the most recent quarter, the Company reported $1.52 per share in cash with no
debt and at least one analyst set a price target for Microtune stock at $5.00 per share.