TYCO ELECTRONICS SHAREHOLDERS APPROVE MOVE TO SWITZERLAND AT AGM AND SGM

PEMBROKE, Bermuda -  23 June, 2009 - Tyco Electronics Ltd. (NYSE: TEL; BSX: TEL) today announced that at yesterday's Special General Meeting shareholders approved all proposals that are required to change the company's place of incorporation from Bermuda to the canton of Schaffhausen, Switzerland.  Shareholders also approved a distribution to shareholders in the form of a capital reduction that will be paid in U.S. dollars in an amount equal to US$0.16 per share.  Payment of the distribution will be made to holders of record on the cutoff date (i.e., record date) upon effectiveness of the capital reduction, which is expected to be in the quarterly period ending 25 September, 2009.

At the company's Annual General Meeting, held prior to the Special General Meeting, shareholders approved proposals to elect a slate of 11 nominees to the company's Board of Directors to new one-year terms, re-appoint Deloitte & Touche LLP as the company's independent auditors and amend the company's stock and incentive plan.

The change of place of incorporation is expected to become effective later this week, following the completion of governmental filings in both Bermuda and Switzerland.  Following the change of place of incorporation, common shares of par value US$0.20 each of Tyco Electronics Ltd. (as a Bermuda company) will become registered shares of par value CHF2.60 each of Tyco Electronics Ltd. (as a Swiss company). Tyco Electronics will continue to be registered with the U.S. Securities and Exchange Commission and to prepare its financial statements in U.S. dollars and in accordance with U.S. Generally Accepted Accounting Principles (GAAP). The company's registered shares will continue to be listed on the New York Stock Exchange under the ticker symbol "TEL".

At the Special General Meeting, shareholders did not approve two additional proposals that would have included in the company's new Swiss articles of association a voting cap and a supermajority vote requirement to amend the voting cap.  Approval of these two proposals was not required for the planned continuation.

ABOUT TYCO ELECTRONICS

Tyco Electronics Ltd. is a leading global provider of engineered electronic components, network solutions, undersea telecommunication systems and specialty products, with fiscal 2008 sales of US$14.8* billion, to customers in more than 150 countries. We design, manufacture and market products for customers in a broad array of industries including automotive; data communication systems and consumer electronics; telecommunications; aerospace, defense and marine; medical; and alternative energy and lighting. With approximately 7,000 engineers and worldwide manufacturing, sales and customer service capabilities, Tyco Electronics' commitment is our customers' advantage. More information on Tyco Electronics can be found at http://www.tycoelectronics.com/.  (* Includes revenue from the company's former Wireless Systems segment, which will be reported as a discontinued operation beginning in the fiscal third quarter of 2009.)

Media Relations:

Sheri Woodruff        610-893-9555  Office             609-933-9243  Mobile        swoodruff@tycoelectronics.com

Investor Relations:

John Roselli             610-893-9559  Office       john.roselli@tycoelectronics.com

Keith Kolstrom         610-893-9551  Office       keith.kolstrom@tycoelectronics.com