Chartered, Motorola Complete First Pilot Project for RosettaNet Semiconductor Framework

Partner Press Release
Chartered, Motorola Complete First Pilot Project for RosettaNet Semiconductor Framework

Building on eFAB initiative, leading foundry lays further groundwork for e-commerce standards in semiconductor industry

For Release April 1, 2001

MILPITAS --

Chartered Semiconductor Manufacturing (Nasdaq: CHRT and SGX-ST: Chartered), one of the world's top three silicon foundries, today announced completion of the first production implementation of data exchange standards for business-to-business e-commerce within the semiconductor manufacturing industry. The pilot project is based on Chartered's eFAB ™ initiative, and was conducted in conjunction with the Semiconductor Products Sector (SPS) of Motorola Inc. (NYSE:MOT).

Chartered and Motorola jointly developed the first prototype of an electronic extensible markup language (XML) messaging format in conformance to the subset of the RosettaNet 3D8 open standard for distributing "work in progress" (WIP) messages between foundries and customers. Chartered also began similar projects last month with Motorola to formally validate the RosettaNet 3D8 data format. RosettaNet is an independent, self-funded, non-profit consortium dedicated to the development and deployment of standard electronic business interfaces to align the processes between supply chain partners on a global basis.

"Chartered has an aggressive strategy for implementing practical, standards-based methodologies for electronic communications with our customers and partners. Customers need a single point of access for the most up-to-date and accurate information on their product development process," said Rob Baxter, senior vice president of business operations for Chartered and RosettaNet Semiconductor Manufacturing board member. "The completion of this eFAB pilot project with Motorola is a major milestone in the validation process of the data exchange standards we set out to deliver with eFAB."

"We were happy to contribute and participate in this effort to drive open standards, and improve supply chain efficiencies of exchanging data between multiple partners using different systems," said Hans Wildenberg, corporate vice president and director of Order Fulfillment Organization for Motorola SPS, and former chairman of the RosettaNet electronic component board. "We applaud the Chartered team's dedication and resourcefulness to accomplishing our mutual goals in a timely manner."

The eFAB Alliance was formed in September 1999 by Chartered with Agere Systems (the former Lucent Microelectronics Group), Agilent and Motorola's SPS to create a model for electronic commerce within the semiconductor foundry industry through open standards. The RosettaNet 3D8 and 3D9 standards are based upon the body of work initiated by the eFAB Alliance to provide customers with a uniform system for communicating electronically with any foundry. The data-exchange specifications were donated to RosettaNet in December 2000.

eFAB Pilot Project
The project goal was to implement an event-driven model for sending messages and receiving acknowledgements in a secured fashion between foundries and their customers. In particular, the proof of concept of the joint Chartered and Motorola effort tested the capabilities of using standard XML-formatted messages to electronically communicate a series of data elements between two independent systems. The project finished ahead of schedule and achieved all of its milestones for prototype development, debugging, user acceptance testing, and final product implementation.

RosettaNet Semiconductor Initiative Moves Forward
RosettaNet is architecting the first open industry standard for secure electronic communications between foundries and their customers, suppliers and marketing partners. Chartered is a founding member of the newly created RosettaNet Semiconductor Manufacturing Board, which includes 29 companies representing the complete semiconductor supply chain. Members include integrated device manufacturers, fabless semiconductor companies, silicon foundries, as well as test and assembly service providers.

"RosettaNet is committed to helping the semiconductor industry reap the benefits of e-commerce, and we congratulate Chartered and Motorola on their collaborative effort to complete a successful pilot project based on a subset of the 3D8 data exchange standard," said Jennifer Hamilton, chief executive officer at RosettaNet. "Members of Chartered's eFAB Alliance were among the original founders of RosettaNet's Semiconductor Manufacturing Board and are making rapid progress to streamline electronic communications throughout the supply chain. The completion of the eFAB project with Motorola proves that standards-based systems can be quickly prototyped, tested and put into practice through industry collaboration."

Chartered's Baxter added, "We are pleased that RosettaNet acted quickly to adopt the 3D8 and 3D9 standards, and we are confident that they will have extensive applicability throughout the industry. Chartered is working closely with RosettaNet to next tackle the critical business issues of inventory, order management, shipping and logistics, and materials management."

About Chartered
Chartered Semiconductor Manufacturing is one of the world's top three silicon foundries. The Company's business model is distinguished by its strategy to build trusted long-term relationships, where manufacturing is part of a larger customer-service focus that includes joint development and implementation of new process technologies supporting novel applications within the broad communications market. Chartered operates five semiconductor fabrication facilities at its Singapore headquarters, with a substantially completed sixth fab that is in the process of being equipped as a 300mm facility.

A Company with both global presence and perspective, Chartered is traded on both the Nasdaq Stock Market in the United States (Nasdaq: CHRT) and on the Singapore Exchange Securities Trading Limited in Singapore (SGX-ST: CHARTERED). The Company reported 2000 revenues of over US$1.1 billion. More than 4,300 Chartered employees are based at 11 locations around the world. Information about Chartered Semiconductor Manufacturing can be found at www.charteredsemi.com.

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 the progress of the eFABâ„¢ pilot project and the anticipated industry-wide applicability of data exchange standards developed as a result. These statements reflect our current views 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: the successful implementation of the eFAB pilot project and changes in electronic communications standards and methodologies. 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.

eFab is a trademark of Chartered Semiconductor Manufacturing. All other marks are properties of their respective holders.