Two-year Agreement Brings Together Two Global Names, Both Dedicated to Excellence In Engineering

MADONNA DI CAMPIGLIO, ITALY, Jan. 17, 2007 - SanDisk® Corporation (NASDAQ:SNDK), the leader in delivering speed and reliability to digital photographers, today announced a two-year sponsorship of Ducati Corse's MotoGP race team, a performance leader in the high-speed world of motorcycle racing.

SanDisk's name and logo will appear on Ducati Corse MotoGP motorcycles, team clothing and riders' leathers, the two companies said during the unveiling of Ducati's Desmosedici GP7 racing motorcycle at the Wrooom MotoGP Event in Madonna di Campiglio.

"SanDisk and Ducati share a passion for excellence in engineering and performance," said Wes Brewer, vice president for consumer products marketing at SanDisk. "Our SanDisk Extreme® III and IV digital film cards have a global reputation for cutting-edge speed and innovation, much as Ducati has a global reputation for motorcycles that regularly beat the competition."

Claudio Domenicali, CEO of Ducati Corse, said, "We are extremely pleased to welcome SanDisk as a new partner in our MotoGP Project. Ducati and SanDisk are both dedicated to maximum performance, making the partnership a perfect fit."

MotoGP is among the world's most popular motor sports, drawing annual season attendance exceeding two million and a worldwide television audience of more than five billion. The 2007 season features 18 races in 15 nations around the globe.

"Photographers face almost as many challenges at the track as MotoGP riders. Having the fastest CompactFlash card in the market at 40MB per second* makes high-performance photography, especially in fast-action sports, much easier," said Tanya Chuang, worldwide senior retail product marketing manager for digital imaging at SanDisk. "The fast read speed also reduces time away from the viewfinder, because images can be quickly offloaded through an Extreme FireWire Reader."

SanDisk plans to work closely with the wider photographic MotoGP community. Gigi Soldano, a highly respected MotoGP photographer said, "Capturing the many exciting moments of MotoGP racing, where riders can reach 200 miles per hour and can be millimeters above the track on tight turns, requires cameras and memory cards that are the fastest and most reliable in the world. SanDisk Extreme III and IV memory cards make my job easier, because I know I can shoot as rapidly as possible without worrying about losing that once-in-a lifetime image."

SanDisk and Ducati expect to announce more elements of their agreement in the months ahead.

Founded in 1926, Ducati develops racing-inspired motorcycles characterized by unique engine features, innovative design, advanced engineering and overall technical excellence. The company produces motorcycles in six market segments which vary in their technical and design features and intended customers: Superbike, Supersport, Monster Sport Touring, Multistrada and Sport Classic. The company's motorcycles are sold in more than 60 countries worldwide, with a primary focus in the Western European and North American markets. Ducati has won 14 of the last 16 World Superbike Championship titles and more individual victories than the competition put together. Since 2003, Ducati has also been taking part in the MotoGP World Championship.

SanDisk is the original inventor of flash storage cards and is the world's largest supplier of flash data storage card products, using its patented, high-density flash memory and controller technology. SanDisk is headquartered in Milpitas, California, and has operations worldwide, with more than half of its sales outside the U.S.
* Based on SanDisk internal testing with TestMetrix.

SanDisk's web site/home page address: http://www.sandisk.com
SanDisk's product and executive images can be downloaded from http://www.sandisk.com/corporate/mediakit/
SanDisk, the SanDisk logo and SanDisk Extreme are trademarks of SanDisk Corporation, registered in the U.S. and other countries. Other brand names mentioned herein are for identification purposes only and may be the trademarks of their respective holder(s).

This press release contains certain forward-looking statements, including expectations for new product introductions, specifications, applications, markets, pricing, customer acceptance and customers that are based on our current expectations and involve numerous risks and uncertainties that may cause these forward-looking statements to be inaccurate. Risks that may cause these forward-looking statements to be inaccurate include among others: market demand for our products may grow more slowly than our expectations or there may be a slower adoption rate for these products in new markets that we are targeting,
and the other risks detailed from time-to-time under the caption "Risk Factors" and elsewhere in our Securities and Exchange Commission filings and reports, including, but not limited to, Form 10-K and our quarterly reports on Form 10-Q. We do not intend to update the information contained in this press release.