RIM Announces Common Share Repurchase

Waterloo, ON - Research In Motion Limited ("RIM") (NASDAQ: RIMM; TSX: RIM) announced that it has agreed to purchase for cancellation 1,530,000 of its outstanding common shares, representing approximately 0.28% of its common shares outstanding at June 24, 2010, pursuant to a private agreement between RIM and a non-related third-party financial institution for an aggregate purchase price of approximately US$79.8 million. The purchase price was negotiated at arms' length between the parties and is at a discount to the prevailing market price of RIM's common shares on the Toronto Stock Exchange ("TSX") and Nasdaq Stock Market ("Nasdaq") at the time of the purchase.

The purchase was made pursuant to an issuer bid exemption order issued by the Ontario Securities Commission. The common shares repurchased through the private agreement will be included in calculating the maximum number of common shares that RIM may purchase through its share repurchase program announced on June 24, 2010 and July 13, 2010.

Including the common shares repurchased today, in the last twelve months, RIM has repurchased an aggregate of 36,141,500 of its outstanding common shares, comprised of 32,611,500 common shares purchased through the facilities of the Nasdaq and TSX (16,375,700 of which have been purchased since June 24, 2010) and 3,530,000 of its outstanding common shares purchased pursuant to private agreements between RIM and non-related third-party financial institutions in accordance with issuer bid exemption orders issued by the Ontario Securities Commission.