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CHARTERED EXPANDS OPEN LIBRARY PROGRAM WITH FREE ACCESS TO AVANT!'S LIBRA-VISA SUITE FOR OPTIMIZED CHIP DESIGN AND MANUFACTURING FLOW

No charge library access facilitates more design exploration, tightly couples leading design and manufacturing processes; 0.35-micron support boosts companies' China strategies

MILPITAS and FREMONT, Calif. - February 25, 2002 - Chartered Semiconductor Manufacturing (Nasdaq: CHRT and SGX-ST: Chartered), one of the world's top three silicon foundries, and Avant! Corporation (Nasdaq: AVNT), a leading supplier of libraries and design automation tools, today announced the immediate availability of free access to libraries from Avant!'s Libra-Visa offering for use with Chartered's manufacturing processes. The offer, which expands Chartered's open library program, provides no cost library support optimized for Chartered's processes, with one year of free maintenance support from Avant!. The program initially offers designers the ability to acquire at no cost complete Avant! libraries for Chartered's 0.35, 0.25 and 0.18-micron processes. All of these libraries have been silicon proven with multiple customer designs already in production.

The announcement follows an agreement by the two companies that will see Chartered use Avant!'s SinglePass-SoC™ design solution as its reference flow for 0.13-micron technology and below.

The 0.35-micron libraries, which previously were priced at a starting cost of $70,000, consist of production-proven standard cells, I/Os and memory compilers. They are optimized for superior performance within the Avant! design tool flow, including place-and-route and physical verification, while also supporting other popular place & route, synthesis and simulation tools.

The offer provides designers with unlimited access and use of the libraries. Avant! charges a one-time, minimal fee at the time a design is released to Chartered for wafer processing, and access to the libraries will be subject to Avant!'s standard licensing terms and conditions.

"Chartered continues to provide the foundry industry with innovative ways for designers to have access to complete and flexible solutions for their design challenges. This program not only makes both our companies' technology more accessible, it facilitates easier and more efficient design exploration, as well as freedom of choice," said Michael Buehler-Garcia, vice president of business development and worldwide marketing at Chartered. "We are especially excited about the impact this program will have in emerging markets such as China where cost issues and support of processes that are not considered 'mainstream' in other parts of the world - such as 0.35 micron - are both critical concerns."

The libraries are robust offerings, providing designers with a range of benefits, including 350+ standard cells optimized for density and performance in Chartered's processes and efficient run times in popular EDA tools, 150+ I/O cells offered in both in-line and staggered-pad configurations, and a wide variety of DFT-proven and easy-to-use memory compiler options for SRAM and ROM.

"The continuing business relationship between Chartered and Avant! is of great benefit to our mutual customers. It allows development of creative programs that serve our customers and underscore our commitment to Chartered as a primary foundry partner. We believe that our Libra-Visa library technology, our Milkyway -based, SinglePass-SoC solution, and Chartered's foundry service allow the most rapid creation of advanced silicon products," said Dr. Paul Lo, president of Avant! Corporation.

The free Chartered library program is effective immediately. Please contact a local Avant! sales representative for details.

About Chartered
Chartered Semiconductor Manufacturing, one of the world's top three silicon foundries, is forging a customized approach to outsourced semiconductor manufacturing by building lasting and collaborative partnerships with its customers. The Company provides flexible and cost-effective manufacturing solutions for customers, enabling the convergence of communications, computing and consumer applications. In Singapore, Chartered operates five fabrication facilities and has a sixth fab in the process of being developed as a 300mm facility.

A company with both global presence and perspective, Chartered is traded on both the Nasdaq Stock Market (Nasdaq: CHRT) and on the Singapore Exchange (SGX-ST: CHARTERED). Chartered's 4,000 employees are based at 12 locations around the world. Information about Chartered can be found at www.charteredsemi.com

About Avant! Corporation
Avant! Corporation develops, markets, and supports integrated circuit (IC) design automation software solutions (from system definition to mask synthesis) for the rapid design of multimillion gate products including system on chip (SoC). These ICs power consumer electronics, Internet infrastructure, wireless, telecommunications, and automotive products. The Company is the leading provider of physical foundation IP libraries for IC design and provides a full suite of software for integrated circuit design, process simulation, device modeling, and mask synthesis. Avant! is a global company with over 65 offices in 18 countries. Telephone: 510-413-8000. Fax: 510-413-8080. www.avanticorp.com.



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