ARM Holdings plc Reports Results for the First Quarter Ended 31 March 2007

Legal matters

    ARM is currently involved in ongoing litigation proceedings with Nazomi
Communications, Inc. and Technology Properties Limited, Inc. Details are set
out in the 2006 Annual Report on Form 20-F filed with the Securities and
Exchange Commission on 11 April 2007. Based on independent legal advice, ARM
does not expect any significant liability to arise in respect of these
proceedings.

                                ARM Holdings plc

                         First Quarter Results - US GAAP


                                                            Quarter   Quarter
                                                              ended     ended
                                                           31 March  31 March
                                                               2007      2006
                                                          Unaudited Unaudited
                                                            GBP'000   GBP'000
    Revenues
    Product revenues                                         62,300    61,232
    Service revenues                                          4,192     3,402
    Total revenues                                           66,492    64,634

    Cost of revenues
    Product costs                                           (5,638)   (5,815)
    Service costs                                           (1,590)   (1,552)
    Total cost of revenues                                  (7,228)   (7,367)

    Gross profit                                             59,264    57,267

    Research and development                               (18,997)  (17,456)
    Sales and marketing                                    (11,906)  (10,191)
    General and administrative                             (12,462)  (10,609)
    Amortization of intangibles                             (4,655)   (4,587)
    purchased through
    business combination

    Total operating expenses                               (48,020)  (42,843)

    Income from operations                                   11,244    14,424
    Interest                                                  1,457     1,673

    Income before income tax                                 12,701    16,097
    Provision for income taxes                              (3,124)   (4,137)

    Net income                                                9,577    11,960

    Earnings per share (assuming
    dilution)
    Shares outstanding ('000)                             1,377,589 1,420,175
    Earnings per share - pence                                  0.7       0.8
    Earnings per ADS (assuming
    dilution)
    ADSs outstanding ('000)                                 459,196   473,392
    Earnings per ADS - cents                                                               4.1              4.4



        ARM  Holdings  plc

        Consolidated  balance  sheet  -  US  GAAP


                                                                                                                  31  March  31  December
                                                                                                                          2007                2006
                                                                                                                Unaudited          Audited
                                                                                                                    GBP'000          GBP'000
        Assets
        Current  assets:
        Cash  and  cash  equivalents                                                            92,595            90,743
        Short-term  investments                                                                  19,069            18,600
        Marketable  securities                                                                    15,117            19,151
        Accounts  receivable,  net  of  allowance  of
        GBP2,412,000  in  2007  and  GBP2,556,000  in  2006                    66,967            69,552
        Inventory:  finished  goods                                                              2,557              1,933
        Income  taxes  receivable                                                                  5,761              5,761
        Prepaid  expenses  and  other  assets                                            14,362            12,668
        Total  current  assets                                                                    216,428          218,408

        Deferred  income  taxes                                                                    12,203              9,872
        Prepaid  expenses  and  other  assets                                              1,241              1,328
        Property  and  equipment,  net                                                        12,860            13,970
        Goodwill                                                                                            348,404          349,243
        Other  intangible  assets                                                                51,201            56,027
        Investments                                                                                          3,522              3,855
        Total  assets                                                                                    645,859          652,703

        Liabilities  and  shareholders'  equity
        Accounts  payable                                                                                2,971              1,826
        Income  taxes  payable                                                                        9,898              5,572
        Personnel  taxes                                                                                  1,657              1,408
        Accrued  liabilities                                                                        24,485            33,021
        Deferred  revenue                                                                              31,632            31,485
        Total  current  liabilities                                                            70,643            73,312

        Deferred  income  taxes                                                                      3,554              4,744
        Total  liabilities                                                                            74,197            78,056

        Shareholders'  equity
        Ordinary  shares                                                                                      700                  695
        Additional  paid-in  capital                                                        457,057          446,005
        Treasury  stock,  at  cost                                                            (78,404)        (58,245)
        Retained  earnings                                                                          205,148          197,874
        Accumulated  other  comprehensive  income:
        Unrealized  holding  gain  on  available-for-sale
        securities,  net  of  tax  asset  of  GBP330,000  (2006:
        GBP231,000)                                                                                              164                  394
        Cumulative  translation  adjustment                                        (13,003)        (12,076)
        Total  shareholders'  equity                                                        571,662          574,647

        Total  liabilities  and  shareholders'  equity                        645,859          652,703


        Notes  to  the  Financial  Information
        (1)  Basis  of  preparation
        US  GAAP 


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