Qualcomm©

Qualcomm has determined that the cash distributions (i.e., dividends) paid to stockholders on January 4, 2007, March 30, 2007, June 29, 2007 and September 28, 2007 represent taxable dividends to stockholders.

If you hold your stock in certificate form or through a Direct Registration Account at Computershare Investor Services (the Company's "transfer agent") and dividend checks were mailed to you or reinvested, the transfer agent will mail you no later than January 31, 2008 an IRS Form 1099-DIV reflecting the FY07 distributions as being taxable distributions (Box 1b - Qualified Dividends - subject to capital gains tax rates).

If you hold your stock in street name (through a bank or broker) and dividends were deposited into your brokerage account, that institution will mail you an IRS Form 1099-DIV reflecting the FY07 distributions as being taxable distributions (Box 1b - Qualified Dividends - subject to capital gains tax rates).

We urge each stockholder to consult with his or her own tax advisor to determine the tax consequences of the distributions, including any state, local or foreign tax considerations.