Shanghai [2003-09-15] Shanghai, China, September 13, 2003―Semiconductor Manufacturing International Corporation (SMIC) today announced the successful raising of approximately US$630 million through the issuance of Series C Preference Shares. Existing shareholders participating in this financing include Shanghai Industrial Holdings Limited, H&Q Asia Pacific Limited, Walden International, Temasek, and a Singapore consortium led by Vertex Management. New investors in SMIC are comprised of well-known venture capital firms such as New Enterprise Associates (NEA) and Oak Investment Partners, Beida Microelectronics Investment Ltd. (Hong Kong), as well as strategic investors. SMIC’s 8-inch fab facilities in Shanghai have reached a capacity of more than 40,000 wafers per month. Capital raised from the issuance of Series C Preference Shares will be used for the expansion of the three fabs in Shanghai as well as the development of the new 12-inch facility in Beijing. About SMIC As China's most advanced foundry, SMIC provides IC manufacturing at 0.35-micron, 0.25-micron, 0.18-micron technologies, as well as 0.13-micron copper backend services. Established in April 2000, SMIC is a Cayman Islands company with three 8-inch fabs in volume production in Shanghai and a 12-inch facility currently under construction in Beijing. In May 2003, SMIC's Fab1 was named "Top Fab of the Year 2003" by Semiconductor International magazine, a leading industry publication. In addition to IC manufacturing, SMIC provides customers with a full range of services that includes design services, mask manufacturing and testing. As a result of its dedication towards providing high quality services and protecting the environment, all three fabs in Shanghai have obtained ISO9001 and ISO14001 certifications. For more information, please visit www.kuakao-ls.com. SMIC Contact: Ms. Sarina Huang Public Relations Tel: +86 21 5080 2000 x 10356 Fax: +86 21 5080 2868 E-mail: Sarina_Huang@kuakao-ls.com
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