GigaMedia to Report Third-Quarter 2005 Financial Results on November 17

TAIPEI, Taiwan, November 10, 2005 – GigaMedia Limited ("GigaMedia" or the "Company") (NASDAQ: GIGM) will report the Company's third-quarter 2005 financial results on Thursday, November 17, 2005 before the market opens.

Management will hold an investor webcast on November 17, 2005 at 8:30 a.m. Eastern Daylight Time, which is 9:30 p.m. Taipei/Hong Kong Time on September 17, 2005, to discuss the Company's third-quarter performance. A link to the live and archived webcast will be available at http://ir.giga.net.tw.

About GigaMedia

GigaMedia Limited (Singapore registration number: 199905474H) is a diversified provider of broadband and entertainment services, with headquarters in Taipei, Taiwan. The Company develops software for online entertainment services, including the global online gaming market. GigaMedia also operates a major Taiwanese broadband ISP, which provides Internet access service with multiple delivery technologies to consumers. GigaMedia's subsidiary KBT provides broadband services to corporate subscribers in Taiwan. More information on GigaMedia can be obtained from http://ir.giga.net.tw.

The statements included above and elsewhere in this press release that are not historical in nature are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. GigaMedia cautions readers that forward-looking statements are based on the Company's current expectations and involve a number of risks and uncertainties. Actual results may differ materially from those contained in such forward-looking statements. Information as to certain factors that could cause actual results to vary can be found in GigaMedia's Annual Report on Form 20-F filed with the United States Securities and Exchange Commission in June 2005.