Micrel, Incorporated



                       Code of Ethics for Senior Officers





PURPOSE



   This Code of Business Conduct and Ethics (the "Code") contains general

guidelines for conducting the business of Micrel, Incorporated (the "Micrel")

consistent with the highest standards of business ethics, and is intended to

qualify as a "code of ethics" within the meaning of Section 406 of the

Sarbanes-Oxley Act of 2002 and the rules promulgated thereunder.   This Code

supplements, and is in addition to, the obligations placed upon all employees

by the Company's Worldwide Standards of Business Conduct.  To the extent this

Code requires a higher standard than required by commercial practice or

applicable laws, rules or regulations, we adhere to these higher standards.



   This Code is designed to deter wrongdoing and to promote:



   *   Honest and ethical conduct, including the ethical handling of

       actual or apparent conflicts of interest between personal and

       professional relationships;



   *   Full, fair, accurate, timely, and understandable disclosure in

       reports and documents that Micrel files with, or submits to, the

       Securities and Exchange Commission and in other public

       communications made by Micrel;



   *   Compliance with applicable governmental laws, rules and

       regulations;



   *   The prompt internal reporting to an appropriate person or persons

       of violations of the Code; and



   *   Accountability for adherence to the Code.



   This Code applies to our chief executive Officer, our chief financial

Officer/principal accounting Officer, our controller and any other persons who

perform similar functions for Micrel (referred to herein as a "Senior Officer"

or "Officer" and, collectively, "Senior Officers" or "Officers").  If a Senior

Officer feels uncomfortable about a situation or has any doubts about whether

a particular situation is consistent with Micrel's high ethical standards, he

or she should contact the Company's General Counsel.



   This Code was adopted by the Board of Directors (the "Board") of Micrel

on March 11, 2004.



CONFLICTS OF INTEREST



Identifying Conflicts of Interest



   A conflict of interest occurs when a Senior Officer's private interest

interferes in any way with the interests of Micrel as a whole.  A Senior

Officer should actively avoid any private interest that may influence his or

her ability to act in the interests of Micrel or that may make it difficult to

perform work objectively and effectively.  In general, the following should be

Home        Intelligence        Services        Subscriptions        News        About Us

Contact Us       Terms of Use       Resend Documents       Shopping Cart

Copyright © 2008 The Consus Group LLC