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Mentor Graphics Corporation Announces Redemption of 6.25% Convertible Subordinated Debentures Due 2026

WILSONVILLE, Ore., April 7, 2011 - Mentor Graphics Corporation (NASDAQ: MENT) today announced its intention to redeem on April 26, 2011 (the “Redemption Date”), any and all remaining outstanding 6.25% Convertible Subordinated Debentures due 2026 as of April 26, 2011, at a total redemption price of 101.79% of the aggregate principal amount outstanding thereof, plus accrued and unpaid interest, if any, to but not including the Redemption Date.

Forward-Looking Statements
This release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that forward-looking statements in this release involve risks and uncertainty that could cause actual results to differ materially from current expectations.

About Mentor Graphics
Mentor Graphics Corporation (NASDAQ: MENT) is a world leader in electronic hardware and software design solutions, providing products, consulting services and award-winning support for the world’s most successful electronics and semiconductor companies. Established in 1981, the company reported revenues over the last 12 months of about $915 million. Corporate headquarters are located at 8005 S.W. Boeckman Road, Wilsonville, Oregon 97070-7777. World Wide Web site: http://www.mentor.com/.

(Mentor Graphics is a registered trademark of Mentor Graphics Corporation. All other company or product names are the registered trademarks or trademarks of their respective owners.)

For more information, please contact:
Ry Schwark
Media Contact
503.685.1660
ry_schwark@mentor.com

Joe Reinhart
Investor Contact
503.685.1462
joe_reinhart@mentor.com