CHARTERED ACHIEVES QUALITY EXCELLENCE WITH IS0 9001:2000 CERTIFICATION
Leading foundry demonstrates excellent quality standards
across fabrication facilities located at Singapore's Woodlands campus
SINGAPORE - June 10, 2003 - Chartered Semiconductor Manufacturing (Nasdaq: CHRT and SGX-ST: Chartered), one
of the world's top three dedicated semiconductor foundries, today announced it has achieved the ISO 9001:2000 quality
management systems standards certification for all its fabrication facilities - Fab 2, Fab 3, Silicon Manufacturing Partners
(Fab 5 or SMP) and Chartered Silicon Partners (CSP or Fab 6) - currently in operation on its main Woodlands campus in
Singapore. Chartered received the international standard for quality excellence certification from PSB Certification Pte.
Limited (PSB Cert), Singapore's market leader of management system certification accredited by the globally recognized Dutch
Council for Accreditation, for demonstrating its commitment to quality and a strong foundation to drive ongoing continuous
improvement programs in business practices and management systems.
Building on previous quality certifications to ISO 9002:1994 and QS 9000 standards, Chartered successfully upgraded to the
more stringent ISO 9001:2000 certification. While ISO 9002:1994 focused on certification of individual business areas, ISO
9001:2000 requires companies to demonstrate quality systems that drive toward integrated business process management, as
evidenced by leadership to achieve business objectives, management commitment and a strong customer focus. In achieving this
latest version of ISO 9000 certification, Chartered also expanded its scope of quality management systems to include strict
quality metrics for the technology development process.
"Chartered is committed to building and demonstrating to our customers, partners and suppliers a sustainable model
for quality excellence that spans the Company's supply chain," said Dr. Ron Dickinson, vice president of quality and
reliability assurance. "The achievement of ISO 9001:2000 certification is important for reinforcing our customers'
confidence in Chartered as a center of manufacturing excellence for advanced system-on-chip products. In addition,
the certification supports our belief that Chartered has in place both quality monitoring and improvement initiatives
for enhancing customer satisfaction and the delivery of robust market-leading solutions to foundry customers."
"From extensive audits of Chartered's quality management systems across all business functions, it is clear that Chartered
has made significant progress on its quality roadmap to reach for higher standards of excellence," said Doris Ng, lead
assessor of PSB Cert. "We were impressed with Chartered's 'customer-first' emphasis, strict enforcement of control and
benchmarking in business practices as well as the wide deployment of quality management systems across all business functions.
Additionally, an extremely high level of conformance and commitment to quality excellence were observed for activities
critical to customers' product success, including contract management, customer service procedures, statistical process
controls, preventive maintenance, inspection and testing, and facilities management."
Other Industry Certifications
Previously, Chartered's manufacturing facilities achieved quality certification to the ISO 9002:1994 standards and QS
9000 standards in 1993 and 2000, respectively.
In support of Chartered's environmental sustainability goal to adopt best-in-class, industry standards to reduce and
eliminate the Company's impact on the environment and natural resources, Chartered achieved certification to the ISO
14001 environmental management systems standards and Singapore's ODS-Free Process Verification Scheme environmental
standards in 1998.
Additionally, Chartered's Fab 5 achieved certification to the international OSHA 18001 safety management systems
standards in 2000. All fabrication facilities also received certification to the Singapore Semiconductor Safety
Management standards in 2002.
About Chartered
Chartered Semiconductor Manufacturing, one of the world's top three dedicated semiconductor 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.
Chartered Safe Harbour Statement under the provisions of the United States Private Securities Litigation Reform Act of 1995
This news release may contain forward-looking statements, as defined in the safe harbour provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These forward-looking statements, reflect Chartered's 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. For example: the performance level in
our fabrication facilities and continued success in the implementation of existing management systems. 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.