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CHARTERED TO HOST ANNUAL WORLDWIDE TECHNOLOGY FORUMS

Events Focus on Nanotechnology, Advanced Manufacturing Strategies and
Flexible Design Solutions

SINGAPORE - August 21, 2003 - Chartered Semiconductor Manufacturing (Nasdaq: CHRT and SGX-ST: Chartered), one of the world's top three dedicated silicon foundries, today announced the schedule for its annual series of worldwide Technology Forums. The 2003 series, entitled "Your Access to New Opportunities in Silicon," details Chartered's complete approach to system-on-chip development and encompasses the leading-edge process technologies, strategic EDA and IP partnerships, and flexible design solutions needed for building complete systems in silicon.

The forums will be held in three global locations beginning September 2003:

  Tuesday, September 2   Hsinchu, Taiwan
  Thursday, September 18   San Jose, California
  Thursday, November 6   Yokohama, Japan


Chartered senior executives and technology experts will discuss Chartered's strategies and product roadmaps to support the design of today's complex integrated circuit systems. The forums will cover a broad range of topics such as reducing risk at 90 nanometer; 0.13- and 0.18-micron logic processes; product design solutions; mixed-signal, RF CMOS and SiGe BiCMOS technologies; as well as manufacturing strategies and 300 millimeter (mm) technology. Complete registration information is available at www.charteredsemi.com/forum/.

"As companies confront implementation challenges at 0.13 micron and contemplate the move to 90 nm, lowering risk and designing chips right the first time have emerged as key factors to developing next-generation ICs," said Kevin Meyer, vice president of worldwide marketing and services at Chartered. "Over the past year, Chartered has leveraged the manufacturing and process development we have made at the leading edge into significant strategic alliances that position us as a major player heading into the Nano Age. More than ever, companies now can look to us for total product solutions that offer real choice, streamline access to IP, support multiple sourcing strategies, and enable overall system-level cost savings."

Back by popular demand is Chartered's Partner Pavilion, which features companies from Chartered's global network of electronic design automation, intellectual property, design service and manufacturing-related partners demonstrating their latest technology innovations. More than 25 partners have already signed up to participate at one or more locations, including: ARM Limited; Artisan Components, Inc.; Advanced Semiconductor Engineering, Inc. (ASE); BlueChips Technology Pte. Ltd.; Cadence Design Systems, Inc.; ChipIdea Microelectronics S.A.; eMemory Technology Inc.; The Fabless Semiconductor Association (FSA); Flextronics Corporation; GlobalCAD, Inc.; Hoya Corporation; Leda Systems, Inc.; Mentor Graphics Corp.; MoSys, Inc.; Nordic VLSI ASA; Photronics, Inc.; Qthink; Silicon Metrics Corporation; ST Assembly and Test Services (STATS); Synopsys, Inc.; Taiwan Mask Corporation; Time to Market, Inc.; Toppan Chunghwa Electronics Co., Ltd.; Ulead Technology, Inc.; Unitive Semiconductor Taiwan Corp.; Unive, Inc.; Virage Logic Corp. and The Virtual Component Exchange, Inc.

Meyer added, "In light of the heightened design, implementation and market challenges companies face today, the response from the industry to our tech forums demonstrates that we provide a valued service to keep companies abreast of important developments within the outsourcing model when relying on Chartered. We've had exciting developments this year, and once again we look forward to sharing our plans for ensuring that Chartered customers continue to enjoy maximum flexibility, freedom of choice and economies of scale as we move into the Nano Age."

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 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 holistic approach to system-on-chip development, the positioning of Chartered as a major player heading into the Nano Age and our total product solutions strategy are subject to certain risks and uncertainties, which could cause actual results to differ materially. Among the factors that could cause actual results to differ materially are the successful implementation of our alliances; changes in market outlook, trends and customer demands, 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 and our First Quarter 2003 Quarterly Report on Form 6-K 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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