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CHARTERED HOSTS 2004 TECHNOLOGY FORUMS IN BEIJING, SHANGHAI

Annual Events to Focus on Proven Expertise in Logic, Mixed Signal; Highlight Value-added Complete Solutions for China Market

BEIJING and SHANGHAI, China - April 28, 2004 - Chartered Semiconductor Manufacturing (NASDAQ: CHRT and SGX-ST: Chartered), one of the world's top three dedicated foundries, today announced it will host Technology Forums in China on May 17 in Beijing and May 18 in Shanghai. The Tech Forums, part of Chartered's worldwide annual technology forum series, will focus on Chartered's approach to building complete systems in silicon leveraging process technologies that are enabled with proven design solutions.

The program agenda features presentations by Chartered's senior executives and technical experts, including Dr. Shi-Chung "SC" Sun, senior vice president for technology development, and Mike Rekuc, senior vice president of worldwide sales and marketing. Topics include an overview of the company's technology roadmap; advanced logic processes at 90 nanometer (nm) and 0.13 micron; value-added technologies targeting one-time programmable (OTP), high-voltage, EEPROM and embedded Flash applications; mixed-signal, RFCMOS and SiGe BiCMOS technologies; and Chartered's expanding portfolio of silicon-validated design solutions available through its network of strategic EDA and IP partners.

"While we have actively expanded our relationships with China's leading semiconductor companies over the last few years, our Tech Forums offer China's emerging companies a convenient, face-to-face opportunity to share and discuss their design requirements with our management team and technology experts," said Bo Cheng, vice president and general manager of the Asia-Pacific Region for Chartered. "Chartered's broad range of offerings and design enablement solutions provide a strong foundation for servicing this region as well as a proven transition path that will help companies migrate from mature technologies to the more advanced 0.13-micron and 90nm platforms."

Chartered's Partner Pavilion will return, featuring companies from Chartered's global network of electronic design automation, intellectual property, design services and manufacturing-related partners demonstrating their latest technology innovations. Partners scheduled to participate include: Artisan Components, Inc.; Cadence Design Systems, Inc.; EE Solutions; eMemory Technology Inc.; Mentor Graphics Corp.; Photronics; ST Assembly Test Services (STATS); Synopsys, Inc.; Taiwan Mask Corporation; Ulead Technology and Virage Logic Corporation.

Registration for these events is free. To register now for the Beijing and Shanghai forums, visit www.charteredsemi.com for complete information.

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 four fabrication facilities and has a fifth fab, the Company's first 300mm facility, which is expected to begin pilot production by the end of 2004.

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). 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 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 product roadmap and the appropriateness of our business model and 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 market outlook and trends; the rate of semiconductor market recovery; the successful implementation of our partnership, technology and supply alliances; economic conditions in the United States as well as globally; customer demands; the performance level in our fabrication facilities and competition. A description of the 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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