NETGEAR Signs Cooperative Agreement with Legend Group to Co-Brand Networking Products in China

China’s Largest IT Enterprise to Sell NETGEAR Products for Homes and Small Offices

SANTA CLARA, Calif. — December 5, 2003 — NETGEAR, Inc. (Nasdaq: NTGR), a worldwide provider of technologically advanced, branded networking products, announced today that it has entered into a cooperative agreement with the Digital Home Business Unit of Legend Group Limited, the largest IT enterprise in China. In Asia’s largest market, Legend and NETGEAR will co-brand NETGEAR’s full line of wired and wireless networking equipment to jumpstart the growing small office/home office (SOHO) networking market.

"This agreement is another milestone in NETGEAR’s plan to expand our presence in the burgeoning Asian market," said Patrick Lo, chairman and chief executive officer of NETGEAR. "The Legend Group is indeed a legend in China, so for it to choose to sell NETGEAR products is a great compliment to the huge effort NETGEAR puts into our product innovation to ensure high performance, easy-to-use products."

Legend Group will sell NETGEAR wireless products such as access points, routers, gateways, PC and PCI cards and USB adapters based on the 802.11a, 802.11b and the new 802.11g technology standards, as well as products with dual mode a/b and a/g technology. It will also sell wired products such as cable/DSL routers and fast Ethernet switches.

Legend Group will sell co-branded NETGEAR wired and wireless networking products through a business model involving three distribution channels. It plans to offer NETGEAR products through up to 200 retail franchises across China, and will also "bundle" products such as wireless adapter cards into "starter kits" with Legend’s own desktop and notebook PCs – the best-selling brand in China, with a 27 percent market share. Legend will also sell NETGEAR products such as firewall gateways and switches via Internet service providers catering to the emerging market for ADSL broadband services to the home, such as China Telecom’s "wireless home" project.

In the U.S., the award-winning NETGEAR product line for homes and small- and medium-sized businesses is available via retailers, commercial resellers, direct marketers and e-commerce sites. Products are backed by a warranty of up to two years and come with 24/7 technical support.

About Legend Group Limited
Legend Group Limited (HKSE stock code: 992; ADR stock code: LGHLY) is the largest IT enterprise in China boasting a diverse business profile. The Group’s own brand PCs have been the best sellers in China since 1997, commanding a market share of about 27% in 2002. Legend PCs also top the bestseller list in the Asia Pacific region (excluding Japan) with a market share of 12.7%. In addition to PCs, the Group’s product portfolio also includes servers, mobile handsets, handheld devices, digital products, motherboards, etc. The Group also offers professional IT consulting services. Legend was listed on the Hong Kong Stock Exchange in 1994, and is a constituent stock of the Hang Seng Index. Its American Depositary Receipts are being traded in the United States. For more information, please visit: www.lenovo.com

About NETGEAR, Inc.
NETGEAR (Nasdaq: NTGR) designs technologically advanced, branded networking products that address the specific needs of small and medium business and home users. The Company's suite of approximately 100 products enables users to share Internet access, peripherals, files, digital multimedia content and applications among multiple personal computers and other Internet-enabled devices. NETGEAR is headquartered in Santa Clara, Calif. For more information, visit the company's Web site at www.netgear.com or call (408) 907-8000.

NETGEAR and the NETGEAR logo are registered trademarks of NETGEAR, Inc. in the United States and other countries. Other brand and product names are trademarks of their respective holders. Information is subject to change without notice. All rights reserved.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 for NETGEAR, Inc.:
Various matters set forth in this press release, such as statements relating to the expected performance characteristics, specifications, market acceptance and market growth, especially in China, specific uses and market position of NETGEAR, Inc. and its products and technology are forward-looking statements. These statements are subject to risks and uncertainties, including without limitation, the price/performance requirements of customers, the demand in China for NETGEAR products, the success of our co-branding strategy, and the ability of our strategic partner to promote and sell the co-branded products, the ability of NETGEAR to sell products incorporating the technology, the impact and pricing of competing technologies, the introduction of alternative technological solutions, and other risks detailed from time-to-time in NETGEAR'S SEC filings and reports.

For more information:
Corporate Inquiries:
Doug Hagan
Senior Manager, Public Relations
NETGEAR, Inc.
(1) (408) 907-8053
doug.hagan@netgear.com

Chen Lin
Country Manager, China
NETGEAR, Inc.
(86) (10) 65013265
chen.lin@netgear.com

Media Inquiries:
Lisa Hawes
Account Supervisor
Sterling Communications
(1) (408)-395-5500 x227
lhawes@sterlingpr.com