Exhibit 99.1
N E W S R E L E A S E
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 REPORTS RESULTS FOR THIRD QUARTER 2008
SINGAPORE — October 31, 2008 — Chartered Semiconductor Manufacturing Ltd. (Nasdaq: CHRT and
SGX-ST: CHARTERED), one of the world’s top dedicated semiconductor foundries, today announced its
results for third quarter 2008.
“Chartered revenues in the third quarter of 2008 were up 31 percent, and revenues including our share of SMP
were up approximately 28 percent compared to the year-ago quarter. Excluding Fab 3E which we acquired in
March 2008, revenues in the third quarter of 2008 were up approximately 19 percent, and revenues including
our share of SMP were up approximately 17 percent compared to the year-ago quarter. Revenues from 0.13-
micron and below technologies, including those from 65 nanometer (nm), accounted for 56 percent of our total
business base revenues. Revenues from 65nm alone, including both SOI and bulk technologies, grew
Chartered Se