EX-5 4 v77445ex5.txt EXHIBIT 5 Exhibit 5 November 21, 2001 The Board of Directors Cray Inc. Dear Sirs: I am the general counsel of Cray Inc. (the "Company") and have supervised the corporate proceedings in connection with the filing of a Registration Statement on Form S-3 (the "Registration Statement") under the Securities Act of 1933 relating to the issuance of up to 100,000 shares of common stock of the Company (the "Shares") upon the exercise of the stock purchase warrant issued to Foothill Capital Corporation. I have reviewed the corporate actions of the Company in connection with this matter and have examined those documents, corporate records, and other instruments that I deemed necessary for the purposes of this opinion. Based on the foregoing, it is my opinion that the Shares have been duly authorized and are legally issued, fully paid and nonassessable. I hereby consent to the filing of this opinion as an exhibit to the Registration Statement and to the reference to me under the caption "Legal Matters" in the prospectus. Very truly yours, /S/ Kenneth W. Johnson General Counsel