Fairchild Semiconductor Appoints Dr. Justin Chiang Vice President of System Power

SOUTH PORTLAND, Maine—(BUSINESS WIRE)—June 21, 2005— Fairchild Semiconductor (NYSE: FCS), the leading global supplier of products that optimize system power, today announced that Dr. Justin Chiang has joined Fairchild Semiconductor as Vice President of System Power. Chiang will report to Bob Conrad, Senior Vice President and General Manager, Analog Products Group.

Chiang most recently was the general manager of Tyco Electronics Power Components, a $300 million business unit within Tyco Electronics. He was responsible for all aspects of Tyco's power components global business including operations, sales and marketing, and research and development. With the majority of Tyco's power component sales in Asia, Chiang managed a diverse, global workforce of 6,500, which included a large contingent based in China. Prior to serving as general manager, Chiang was director of the Silicon Products Group, Circuit Protection Division of Tyco. Chiang's career at Tyco began when Tyco acquired Raychem Corporation, where Chiang held positions within the PolySwitch Division. He holds a Ph.D. in Chemical Engineering from the University of California at Berkeley and is a graduate of Princeton University. Chiang holds numerous patents and has authored a number of technical articles.

"Justin's experience and expertise in power management products, building market leadership across diverse industrial, computing and consumer markets, and managing global workforces - especially in Asia - will be invaluable," said Bob Conrad. "This is an exciting time for Fairchild as we transition to create an organization focused on developing higher margin analog power and signal path products. We have a strong foundation in global power semiconductor leadership, and we look forward to continuing the tradition of innovation and success as we move into our next phase of growth. Justin will be a valued addition to our senior team."

As The Power Franchise(R), Fairchild's components convert, control and condition power in computing and display, industrial, consumer, communications and automotive applications. Fairchild continues to prove its dominance with 76% of sales from power products, an increase from approximately 14% eight years ago.

About Fairchild Semiconductor:

Fairchild Semiconductor (NYSE: FCS) is the leading global supplier of high performance power products critical to today's leading electronic applications in the computing, communications, consumer, industrial and automotive segments. As The Power Franchise(R), Fairchild offers the industry's broadest portfolio of components that optimize system power through minimization, conversion, management and distribution functions. Fairchild's 9,000 employees design, manufacture and market power, analog & mixed signal, interface, logic, and optoelectronics products from its headquarters in South Portland, Maine, USA and numerous locations around the world. Please contact us on the web at www.fairchildsemi.com.

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