Chartered Reports Results for Second Quarter 2006

All currency figures stated in this report are in US dollars.

The financial statement amounts in this report are determined in accordance with US GAAP.

In order to provide investors additional information regarding the Company's financial results as determined in accordance with US GAAP, in this report Chartered also provides information on its total business base revenues, which include the Company's share of Silicon Manufacturing Partners ("Revenues including Chartered's share of SMP"). Silicon Manufacturing Partners (SMP or Fab 5) is a minority-owned joint-venture company and under US GAAP reporting, SMP revenues are not consolidated into Chartered's revenues ("Revenues"). References to revenues including Chartered's share of SMP in this report are therefore not in accordance with US GAAP. To ensure clarity, in Appendix A of this report we have included a reconciliation table which provides comparable data based on revenues determined in accordance with US GAAP, which do not include the Company's share of SMP.

Chartered Semiconductor Manufacturing
Investor Contacts:
Suresh Kumar, 408-941-1110 (U.S.)

Email Contact
Lim Li Chuen, (65) 6360.4060 (Singapore)

Email Contact
Media Contacts:
Tiffany Sparks, 408-941-1185 (U.S.)

Email Contact
Winnie Tan, (65) 6360.4705 (Singapore)

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