Item 2.05. Costs Associated with Exit or Disposal Activities.

On May 6, 2009, the Executive Officers of Aehr Test Systems ("Aehr") committed to a restructuring plan that will result in the reduction of approximately 16% of Aehr's workforce. Employees directly affected by the restructuring plan are being provided with severance payments. The restructuring plan is intended to help Aehr maximize its cash and bring its cost structure more in-line with the current low level of business activity. Aehr anticipates incurring restructuring charges of approximately $214,000 in the fourth quarter of fiscal 2009, which ends on May 31, 2009, primarily associated with personnel-related termination costs. Including other temporary cost reduction measures, the restructuring plan is expected to reduce Aehr's operating expenses by approximately $410,000 in the first quarter of fiscal year 2010, which ends on August 31, 2009. Aehr will from time to time evaluate the state of its business to determine whether the other temporary cost reduction measures shall be continued, and whether the size of Aehr's workforce can adequately address its business needs.

The anticipated reduction in spending resulting from the restructuring is subject to a number of assumptions, and actual results may materially differ. Aehr may also incur material charges not currently contemplated due to events that may occur as a result of, or associated with, the restructuring plan.