Exhibit 2 EXCHANGE AGREEMENT ------------------ This EXCHANGE AGREEMENT (this "Agreement"), dated as of June 2, 2005, is among PSi Technologies Holdings, Inc., a corporation organized and existing under the laws of the Philippines ("Holdings"), PSi...Exchange Agreement • June 3rd, 2005 • Merrill Lynch & Co Inc • Security brokers, dealers & flotation companies • New York
Exhibit 1 PURCHASE AGREEMENT This Purchase Agreement (this "Agreement"), dated June 2, 2005, is by and among PSi Technologies Holdings, Inc., a corporation organized and existing under the laws of the Philippines ("Holdings"), PSi Technologies, Inc.,...Purchase Agreement • June 3rd, 2005 • Merrill Lynch & Co Inc • Security brokers, dealers & flotation companies • New York
ARTICLE I DEFINITIONSExchangeable Senior Subordinated Note • June 3rd, 2005 • Merrill Lynch & Co Inc • Security brokers, dealers & flotation companies • New York
