[January 21, 2015]

SanDisk Declares First Quarter 2015 Cash Dividend

SanDisk Corporation (NASDAQ: SNDK), a global leader in flash storage solutions, today announced that the Board of Directors has declared a first quarter 2015 cash dividend of 30 cents per share on the company's common stok. The dividend will be payable on March 23, 2015 to stockholders of record at the close of business on March 2, 2015. Future dividends are subject to approval by SanDisk's (News - Alert) Board of Directors.

About SanDisk

SanDisk Corporation (NASDAQ: SNDK), a Fortune 500 and S&P 500 company, is a global leader in flash storage solutions. For more than 25 years, SanDisk has expanded the possibilities of storage, providing trusted and innovative products that have transformed the electronics industry. Today, SanDisk's quality, state-of-the-art solutions are at the heart of many of the world's largest data centers, and embedded in advanced smart phones, tablets and PCs. SanDisk's consumer products are available at hundreds of thousands of retail stores worldwide. For more information, visit www.sandisk.com.

© 2015 SanDisk Corporation. All rights reserved. SanDisk and the SanDisk logo are trademarks of SanDisk Corporation, registered in the United States and other countries. Other brand names mentioned herein are for identification purposes only and may be the trademarks of their respective holder(s).

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