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CHARTERED RECOGNIZES TOP SUPPLIERS AT ANNUAL EVENT
Annual Supplier Day Emphasizes Closer and Deeper Relationships With Suppliers

SINGAPORE - March 19, 2003 - Chartered Semiconductor Manufacturing (Nasdaq: CHRT and SGX-ST: Chartered), one of the world's top three silicon foundries, has honored several semiconductor manufacturing equipment, materials and services suppliers for their outstanding contributions in 2002. The awards ceremony was held recently during Chartered's Supplier Day, an annual event started in 1998 to foster and further strengthen relationships with Chartered's global network of suppliers. This year's event, entitled "Strengthening Our Partnership," was well attended by more than 300 people, representing approximately 120 companies.

Chartered presented its Gold award for material suppliers to Tosoh Singapore Pte. Ltd., which was also the Gold award recipient last year. The Silver and Bronze awards were given to Tokuyama Electronics Chemicals Pte. Ltd. and Komatsu Electronics Metals Co. Ltd., respectively. Best Overall Supplier awards went to Tokyo Electron Ltd. and Varian Semiconductor Associates Asia, Ltd. for their equipment support on 150mm and 200mm manufacturing respectively; while PeopleSoft Asia Pte. Ltd. received the Best Overall Supplier award for its information technology support. In addition, Sumitomo Mitsubishi Silicon Group and Nikon Precision Singapore Pte. Ltd. were recognized as the Most Improved Suppliers. Chartered based its evaluations on several criteria including quality, service, innovation, delivery and cost.

"With the semiconductor industry transitioning rapidly toward a fab-lite and fabless model, customers are requiring their foundry partner to deliver integrated services and solutions to help accelerate time to market," said Ang Kay Chai, senior vice president of fab operations at Chartered. "In line with Chartered's effort to be a leading first-source solutions provider, we are committed to strengthening our relationships with suppliers that exemplify a high degree of integration and seamless coordination, thus delivering a robust technology platform and the best customer service in the industry."

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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