(a) On October 2, 2009, the Compensation Committee of the Board of Directors (the "Board") of Mellanox Technologies, Ltd. (the "Company"), approved the restoration of the annual salaries paid to the following named executive officers of the Company (as identified in the Company's definitive proxy statement filed with the Securities and Exchange Commission on April 9, 2009) effective as of October 1, 2009. The Compensation Committee of the Board had previously approved a reduction in their salaries effective as of February 13, 2009.

     Name            Title      Restored Annual
                                    Salary
Michael Gray    Chief Financial    $230,000
                Officer
Michael Kagan*  Chief              $163,095
                Technology
                Officer and
                Vice President
                of Architecture
Marc Sultzbaugh Vice President     $220,000
                of World Wide
                Sales
Shai Cohen*     Vice President     $165,903
                of Operations
                and Engineering

*The above salaries for Messrs. Kagan and Cohen are subject to adjustment upon translation from New Israeli Shekels to U.S. Dollars.

(b) On October 2, 2009, the Board, following the approval of the Audit Committee of the Board and the recommendation of the Compensation Committee of the Board, approved the restoration of the annual salary paid to Eyal Waldman, the Company's President and Chief Executive Officer, to $325,000, the level previously approved by the Company's shareholders at the 2008 Annual General Meeting on May 19, 2008, effective as of October 1, 2009. The Board had previously approved a reduction in Mr. Waldman's salary effective as of February 13, 2009.