CHARTERED TO HOST WORLDWIDE TECHNOLOGY FORUMS

2002 Events Focus on Total Product Solutions Approach,
Meeting the Needs of Convergence Markets

MILPITAS, Calif. and SINGAPORE - August 19, 2002 - Chartered Semiconductor Manufacturing (Nasdaq: CHRT and SGX-ST: Chartered), one of the world's top three silicon foundries, today announced the schedule for its 2002 series of worldwide Tech Forums. The events titled "Chart Your Course to Silicon" detail Chartered's flexible business model and total product solutions approach for helping semiconductor and system OEM companies address the design complexity and system-level requirements of convergence applications in the computer, communications and consumer market segments. The annual Tech Forums have been so successful that this year Chartered expanded the tour to five locations starting in early September 2002.

September 4		Hsinchu, Taiwan
September 6		Yokohama, Japan
September 10		Munich, Germany
September 17		Burlington, Massachusetts
September 19		San Jose, California

Chartered senior executives and technology experts will discuss Chartered's strategies and product roadmaps to support the changing business and technology requirements of companies transitioning to fab-lite and fabless operations. The forums will cover a broad range of topics such as cutting-edge system-on-chip (SOC) technologies, advances in mixed-signal/RF CMOS processes, niche technologies for addressing unique market requirements and Chartered's open model for accelerating access to design solutions. Complete registration information is available at www.charteredsemi.com/forum.htm

The agenda for the U.S. Tech Forums also features panel sessions, represented by well-known industry professionals. The first panel discusses the challenges of interconnect modeling at 90 nanometers. The second panel explores the various ownership and support models for intellectual property and design services as foundry expands its role from the traditional customer-owned tooling model.

"Finding the best route from concept to silicon gets more complicated as companies struggle to keep pace with advances in SOC technology," said Bruno Guilmart, senior vice president of worldwide sales and marketing at Chartered. "As a leading player in semiconductor manufacturing, companies look to us for total product solutions that offer more choices, streamline access to IP, support multiple sourcing strategies, and enable overall system-level cost savings."

The Partner Pavilion is expected to be a popular event again this year. It is co-sponsored by Chartered and its global network of electronic design automation, intellectual property, design service and manufacturing-related companies and association partners. More than 20 companies will exhibit their latest technology innovations. Exhibitors will include: Accent, ARM Limited, Artisan Components, Inc., ASE, Cadence Design Systems, Inc., Dai Nippon Printing Co., Ltd., DuPont Photomasks, Inc., The Fabless Semiconductor Association, Hoya, Mentor Graphics Corp., MoSys, Inc., NewLogic, Photronics, Silicon Metrics, STATS, Synopsys, Inc., Taiwan Mask Corporation, Toppan, Unive, UTAC, Virage Logic Corp. and The Virtual Component Exchange, Inc.

Guilmart added, "The response from our broad customer base and support by partners for the forums have been outstanding. We're pleased that the industry values our efforts to keep companies abreast of important developments within the foundry business and at Chartered. We've made excellent progress this year, and look forward to sharing our plans for ensuring that Chartered customers continue to enjoy maximum flexibility, freedom of choice and economies of scale."

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.

Safe Harbor Statement under the provisions of the United States Private Securities Litigation Reform Act of 1995
This news release contains forward-looking statements, as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements, including without limitation, statements relating to our business model and total product solutions strategy reflect our current views with respect to future events, and are subject to certain risks and uncertainties, which could cause actual results to differ materially from historical results or those anticipated. Among the factors that could cause actual results to differ materially are: changes in customer demands; market outlook and trends, specifically in the foundry services segment; economic conditions in the United States as well as globally; and continued success in our business strategies and technological advances. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be attained. In addition to the foregoing factors, a description of certain other risks and uncertainties which could cause actual results to differ materially can be found in the section captioned "Risk Factors" in our Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission. You are cautioned not to place undue reliance on these forward-looking statements, which are based on the current view of management on future events. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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