Exhibit 99.1


ASML REITERATES THE COMPANY'S OUTLOOK


VELDHOVEN, The Netherlands, September 25, 2002 - ASML Holding NV (ASML) today
reiterated the company's guidance regarding shipments during the second half
2002.

Doug Dunn, president and chief executive officer of ASML, commented: "We
reiterate our expectation that ASML will ship approximately 100 lithography
systems during second half 2002, as previously disclosed. Despite obvious
declines in the semiconductor equipment market, ASML still has a number of
customers that are buying leading edge technology systems in preparation for
an upturn in advanced chip demand."

"With orders being cancelled or changed, and customers requesting deliveries
earlier or later, the semiconductor equipment market is showing increased
volatility," said Doug Dunn. "Our customers and their customers are coping
with uncertainty and sudden changes in demand for chip shipments. No one can
predict the strength or timing of a recovery."


About ASML

ASML is one of the world's leading providers of advanced technology systems
for the semiconductor industry. The company offers an integrated portfolio of
lithography, track and thermal systems mainly for manufacturing complex
integrated circuits. Headquartered in Veldhoven, the Netherlands, ASML is
traded on Euronext Amsterdam and NASDAQ under the symbol ASML. In the first
half of 2002, the company reported net sales of EUR 823 million. ASML employs
approximately 6,800 people in 50 locations throughout the world. For more
information, visit: www.asml.com.


"Safe Harbor" Statement under the U.S. Private Securities Litigation Reform
Act of 1995: the matters discussed in this document include forward-looking
statements that are subject to risks and uncertainties including, but not
limited to, economic conditions, product demand and industry capacity,
competitive products and pricing, manufacturing efficiencies, new product
development, ability to enforce patents, availability of raw materials and
critical manufacturing equipment, trade environment, and other risks indicated
in filings with the U.S. Securities and Exchange Commission.



Media Contacts:
Tom McGuire - Corporate Communications - +31.40.268.5758 - Veldhoven, The
Netherlands
Beth Kitchener - Corporate Communications - +31.40.268.2602 - Veldhoven, The
Netherlands

Investor Relations Contacts:
Doug Marsh - U.S. Institutional Investor Relations +1.480.383.4006 - Tempe,
Arizona, USA
Craig DeYoung - Investor Relations +31.40.268.3938 - Veldhoven, The
Netherlands