TSMC Receives Highest Award from AdaptecAward Recognizes Outstanding Contribution;TSMC Receives Award at Annual Suppliers’ Day Celebration

Science-Based Industrial Park, Hsinchu, Taiwan, August 16, 2000 -- Taiwan Semiconductor Manufacturing Corp. (TSMC) received the 2000 Tribute Award last week from Adaptec, Inc. for being a supplier that has consistently made significant contributions, year after year, to Adaptec’s business success. The Tribute Award is the highest form of recognition Adaptec gives to its suppliers.

Adaptec, Inc., the global leader in innovative storage solutions, recognized TSMC and other suppliers at its annual suppliers’ day celebration in Santa Clara and Singapore last week. More than 90 suppliers were acknowledged.

TSMC has been an Adaptec partner for more than eight years. During this time, the company has helped Adaptec meet critical design specifications, and has quickly ramped up production of Adaptec’s products, resulting in several major customer design wins for Adaptec.

“We are honored to receive the 2000 Tribute Award from Adaptec,” said Ed Ross, president of TSMC North America. “The relationship between Adaptec and TSMC is a strong example of co-operation, and the ‘virtual fab’ philosophy of TSMC.”

The theme of Adaptec’s suppliers day celebration was “Mission is Possible” because, together with a team of committed suppliers, Adaptec accomplished its mission of business excellence.

About Adaptec, Inc.

Adaptec (NASDAQ:ADPT) is the global leader in innovative storage solutions. Adaptec’s hardware and software solutions for eBusiness and Internet applications move, manage, and protect critical data and digital content so people can do business and enjoy their lives more richly. Adaptec’s direct-attached server storage, network storage solutions and desktop solutions for digital content are found in high-performance networks, servers, workstations and desktops from the world’s leading manufacturers, and are sold through distribution channels to ISPs, enterprises, medium and small businesses and consumers. Adaptec is an S&P 500 and a NASDAQ 100 member. More information is available at http://www.adaptec.com.

About TSMC

TSMC is the world's largest dedicated semiconductor foundry, providing the industry’s leading manufacturing capacity, process technology, library and IP options and other leading-edge foundry services. TSMC is constructing or operating 11 fabs and has substantial capacity commitments at three additional facilities jointly operated by TSMC and its partners. In 2000, TSMC expects to have the capacity for nearly 3.4 million 8-inch equivalent wafers, increasing to 4.8 million wafers in 2001. In addition, TSMC recently became the first foundry to license its technology to a leading IDM, thereby establishing itself as an acknowledged world leader in process technology. Fabrication processes offered by TSMC include CMOS logic, mixed-mode, volatile and non-volatile memory, and BiCMOS. TSMC’s corporate headquarters are in Hsin-Chu, Taiwan.