GLOBALFOUNDRIES Singapore announces early results of its tender offer and consent solicitation

SINGAPORE: GLOBALFOUNDRIES Singapore Pte Ltd. (fka Chartered Semiconductor Manufacturing Ltd announced that, in connection with its previously announced cash tender offer and consent solicitation for any and all of its outstanding 5.75 percent Senior Notes due 2010, GLOBALFOUNDRIES Singapore has settled all 2010 Notes validly tendered and not validly withdrawn as of 5:00 p.m., New York City time, on March 5, 2010.

As of the Consent Payment Deadline, the aggregate principal amount of the 2010 Notes validly tendered and not validly withdrawn was $158,562,000, which represents approximately 62.22 percent of the outstanding principal amount of the 2010 Notes. All of the tendered 2010 Notes as of the Consent Payment Deadline have been accepted for payment, and the payment was made today.

Holders of the 2010 Notes who tendered on or prior to the Consent Payment Deadline received $1,021.25 per $1,000 principal amount of the 2010 Notes, which included a consent payment of $20.00 per $1,000 principal amount of the 2010 Notes and the tender offer consideration of $1,001.25 per $1,000 principal amount of the 2010 Notes, plus accrued and unpaid interest to, but not including, today.

The withdrawal deadline for holders to withdraw their tendered 2010 Notes and consents was 5:00 p.m., New York City time, on March 5, 2010. Any 2010 Notes validly tendered after the Withdrawal Deadline may not be withdrawn, except as required by law. GLOBALFOUNDRIES Singapore and the trustee for the 2010 Notes have executed a supplemental indenture to the indenture governing the 2010 Notes that eliminates substantially all of its restrictive covenants and certain events of default.

The Tender Offer remains open and is scheduled to expire at 11:59 p.m., New York City time, on March 19, 2010, unless GLOBALFOUNDRIES Singapore chooses to extend or terminate the Tender Offer. Holders that tender after the Consent Payment Deadline and prior to the Expiration Date will only be paid the tender offer consideration of $1,001.25 per $1,000 principal amount of the 2010 Notes tendered and accepted (plus accrued and unpaid interest to, but not including, the day of payment for such 2010 Notes), and will not be entitled to receive the consent payment.