Financial Releases

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Link to Q3 earnings conference call live on April 22nd at 7:00 p.m. EDT
via Creative's Investor Relations Web site: http://www.creative.com/investor
A replay will be available from shortly after the end of the conference call until April 29th
via the same link from the IR web site or by calling 1-800-633-8284, reservation # 20519600.

Third Quarter Fiscal 2002 Results

CREATIVE TECHNOLOGY LTD.
CONSOLIDATED BALANCE SHEETS

(In US$'000)

(Unaudited)
March 31, June 30,
2002 2001
ASSETS
Current Assets:
Cash and cash equivalents $

195,567

$

168,157

Marketable securities

2,386

3,581

Accounts receivable, net

83,675

94,445

Inventory

116,294

155,550

Other assets and prepaids

18,684

19,476

Total current assets

416,606

441,209

Property and equipment, net

100,614

110,535

Investments

133,157

118,330

Other non-current assets

2,980

3,906

Total Assets $

653,357

$

673,980

LIABILITIES AND SHAREHOLDERS' EQUITY
Current Liabilities:
Accounts payable $

86,685

$

88,691

Accrued liabilities

77,185

98,135

Income taxes payable

40,493

47,601

Other current liabilities

3,522

3,602

Total current liabilities

207,885

238,029

Long term obligations

19,892

22,560

Minority interest in subsidiaries

11,057

31,505

Total shareholders' equity:

414,523

381,886

Total Liabilities and Shareholders' Equity $

653,357

$

673,980