SINGAPORE – September 9, 1998 -- Chartered Semiconductor Manufacturing has announced that Rob Baxter has joined the company in the newly created position of senior vice president, business operations. He reports to company president and CEO, Barry Waite.

Mr. Baxter, who is based at Chartered headquarters in Singapore, oversees all business operations, including worldwide sales, marketing, design and technical support activities.

Mr. Baxter joins Chartered from Motorola’s semiconductor group, where he was vice president and general manager of the advanced digital consumer division, headquartered in Japan. Previously, Mr. Baxter has managed Motorola’s consumer and smartcard microcontroller division in the US. He also spent seven years in Scotland managing Motorola’s European microcomponent operation.

"This appointment will substantially strengthen Chartered’s ability to develop those strategies supporting the company’s thrust to be the foundry partner for systems technology solutions. Rob’s experienced and strength will be significant in Chartered’s growth over future years," said Barry Waite.

About Chartered
Chartered Semiconductor Manufacturing (www.charteredsemi.com) is a leading dedicated foundry, offering advanced wafer manufacturing processes for a broad range of CMOS logic, memory and mixed-signal technologies. Through alliances with complementary service providers, Chartered helps customers gain access to best-in-class services ranging from design to assembly and final test of packaged chips.

Known for quality processes and exceptional customer service, Chartered is a recipient of Semiconductor International Magaszine’s Top Fab award. Headquartered in Singapore, the Company operates sales and service offices worldwide. Chartered is a member company of Singapore Technologies, a technology-based multinational conglomerate with 1997 revenues of S $5.4 billion (US $3.4 billion).