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MEDIA ADVISORY: CHARTERED CEO CHIA SONG HWEE TO PRESENT AT 2003 SEMICO SUMMIT

Panel Session To Offer Executive Perspectives on Optimizing the Fabless Business Model

MILPITAS, Calif. - March 7, 2003 - Chartered Semiconductor Manufacturing (Nasdaq: CHRT and SGX-ST: CHARTERED), one of the world's top three silicon foundries, announced that Chia Song Hwee, president & CEO, will speak at the 2003 Semico Summit, being held in Scottsdale, AZ on March 9-11. Chia will represent the pure play foundry industry during an open panel discussion on "Optimizing the Fabless Model" scheduled for Tuesday, March 11 at 9:10 a.m. (MST). Other panelists include executives from IBM, Sanmina-SCI, and Xilinx.

The Semico Summit is hosted by Semico Research, a worldwide leader in semiconductor market analysis, research and custom consulting. The 2003 Semico Summit provides industry executives an exclusive forum to identify opportunities, develop strategies, and forge partnerships which will bridge the gap between the present and the future.

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 markets. In Singapore, Chartered operates five fabrication facilities and has a sixth fab, which will be 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 3,500 employees are based at 11 locations around the world. Information about Chartered can be found at www.charteredsemi.com.

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