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CHARTERED STRENGTHENS LEADERSHIP OF EDA, MARKETING TEAMS
WITH PROMOTION OF MICHAEL BUEHLER-GARCIA

MILPITAS, Calif. - April 4, 2001 - Chartered Semiconductor Manufacturing (NASDAQ: CHRT and SGX-ST: Chartered), one of the world's top three silicon foundries, today announced the promotion of Michael Buehler-Garcia to vice president of worldwide EDA and marketing.

In his new role, Buehler-Garcia will oversee Chartered's worldwide EDA strategies and consulting services, and has direct responsibility for Chartered's technical, strategic, and corporate marketing teams. He jointly directs Chartered's global business development efforts with Kevin Meyer, vice president of worldwide business development, and reports directly to Rob Baxter, senior vice president of business operations. Buehler-Garcia, who is based in the Company's Milpitas office, previously served as director of marketing for the Americas.

"Our EDA activities are a integral part of our growth potential. Merging that organization with our strategic marketing team and having continued strong leadership in these areas are essential to the successful execution of our strategies," said Baxter. "Michael's experience makes him a valuable resource to Chartered and our customers. He will drive Chartered to partner with the right companies, ensuring that our solutions offer the flexibility and openness that are critical to the success of the foundry model."

Buehler-Garcia draws from a strong background in EDA, design, and marketing, with nearly 20 years of experience. Prior to joining Chartered in June 1999, he was group director of strategic relationship marketing at Cadence Design Systems, guiding the company's strategic relationships in the semiconductor, EDA, foundry, and hardware market segments. Buehler-Garcia also spent 14 years at Motorola, where he held various positions in the space and technology group and semiconductor sector, culminating in his role as marketing manager for the company's ASIC division.

"Michael has consistently demonstrated a true knack for developing alliances and promoting openness and interoperability," said Andy Graham, president and CEO of Silicon Integration Initiative (Si2), an industry organization that provides a forum for industry leaders to collaborate on the mounting challenges that they face. "Chartered is well-served by having someone of Michael's caliber focused on its key alliances, as well as developing and executing the company's EDA and marketing strategies."

About Chartered
Chartered Semiconductor Manufacturing is one of the world's top three silicon foundries. The Company's business model is distinguished by its strategy to build trusted long-term relationships, where manufacturing is part of a larger customer-service focus that includes joint development and implementation of new process technologies supporting novel applications within the broad communications market. Chartered operates five semiconductor fabrication facilities at its Singapore headquarters, with a substantially completed sixth fab that is in the process of being equipped as a 300mm facility.

A Company with both global presence and perspective, Chartered is traded on both the Nasdaq Stock Market in the United States (Nasdaq: CHRT) and on the Singapore Exchange Securities Trading Limited in Singapore (SGX-ST: CHARTERED). The Company reported 2000 revenues of over US$1.1 billion. More than 4,300 Chartered employees are based at 11 locations around the world. Information about Chartered Semiconductor Manufacturing can be found at www.charteredsemi.com

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