8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

February 10, 2004

Date of Report (date of earliest event reported)

KOMAG, INCORPORATED

(Exact name of Registrant as specified in its charter)

Delaware	0-16852	94-2914864
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(I.R.S. Employer Identification No.)

1710 Automation Parkway
San Jose, California 95131

(Address of principal executive offices)

Registrant’s telephone number, including area code: (408) 576-2000

N/A

(Former name or former address, if changed since last report)

Item 5. Other Events

On February 10, 2004, Komag, Incorporated issued a press release announcing that its wholly-owned subsidiary Komag USA (Malaysia) Sdn. signed an agreement with Trace Storage Technology Corporation (Trace), an independent media supplier in Taiwan, which provides Komag USA (Malaysia) Sdn. with additional substrate capacity as well as a substrate supply relationship with Trace. A copy of the press release is attached hereto as Exhibit 99.

Item 7. Financial Statements and Exhibits.

(a) Not applicable.

(b) Not applicable.

(c) Exhibits.

99 Registrant’s Press Release Dated February 10, 2004

     Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Komag, Incorporated, a Delaware corporation
Dated: February 11, 2004	By:	/s/ Kathleen A. Bayless
		Kathleen A. Bayless
		Vice President, Chief Financial Officer

EXHIBIT INDEX

Exhibit Number	Description
99	Registrant’s Press Release Dated February 10, 2004.

EX-99 3 f96387exv99.htm EXHIBIT 99

EXHIBIT 99

Investors and Press Contact:
Kathy Bayless
Chief Financial Officer
(408) 576-2000
ir_web@komag.com

Komag Announces the Purchase of Substrate Facility

FOR IMMEDIATE RELEASE

SAN JOSE, Calif., February 10, 2004 — Komag, Incorporated (Nasdaq: KOMG), the largest independent supplier of thin-film media for disk drives, today announced that the Company, through its Malaysian subsidiary Komag USA (Malaysia) Sdn., has closed the purchase of a Malaysian substrate manufacturing facility from Trace Storage Technology Corporation (Trace).

Under the agreement, the Company has purchased Trace’s Malaysian substrate manufacturing facility including land, building and equipment for approximately $10 million. The Company intends to manufacture both aluminum ground substrates and plated and polished substrates in this factory for its own use and to sell Trace a portion of the output under a supply agreement.

T.H. Tan, Chief Executive Officer of Komag, stated, “We are pleased to have completed the purchase of this facility. It provides additional substrate manufacturing capacity to complement our previously announced 20% finished disk capacity expansion. This facility also provides additional flexibility, if needed, in the future for glass based disk opportunities.”

About Komag

Founded in 1983, Komag is the world’s largest independent supplier of thin-film disks, the primary high-capacity storage medium for digital data. Komag leverages the combination of its world-class U.S. research and development center and Malaysian manufacturing operations to produce disks that meet the high-volume, stringent quality, low cost and demanding technology needs of its customers. By enabling rapidly improving storage density at ever-lower cost per gigabyte, Komag seeks to create extraordinary value for consumers of computers, enterprise storage systems and electronic appliances such as digital video recorders, game boxes and consumer electronic storage systems.

For more information about Komag, visit Komag’s Internet home page at http://www.komag.com. The Investors section of the website provides a variety of

financial and investor information, including an investor presentation. To request an investor packet, call Komag’s Investor Relations at 408-576-2901.

Forward-Looking Statements

This press release contains certain “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbors created thereby. These statements represent the Company’s current judgment and include, but are not limited to the Company’s expectation that it intends to manufacture both aluminum ground substrates and plated and polished substrates in the acquired Malaysian factory for its own use and to sell Trace a portion of the output under a supply agreement. The Company’s actual results could differ materially from those projected in such forward-looking information. Factors that could cause actual results to differ include, but are not limited to, the inability of the Company to utilize the factory as anticipated given economic or physical conditions and the other factors described in the Company’s reports filed with the Securities and Exchange Commission, including, but not limited to, its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Komag undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of such statements.

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EX-99

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