TSMC Monthly Sales Report – October 2002

Hsin-Chu, Taiwan, November 7, 2002– Taiwan Semiconductor Manufacturing Company Ltd. (“TSMC” or “the Company”) (TAIEX: 2330, NYSE: TSM) today announced that net sales for October 2002 totaled NT$15,231 million, while revenues from January to October 2002 were NT$135,038 million.

TSMC Spokesperson Mr. Harvey Chang noted that wafer shipments surged this month due to increased customer demand in anticipation of the Christmas holiday season. Net sales for October 2002 registered a 19.4% increase over September 2002 and an increase of 47.3% on a year-over-year basis. The Company's sales revenues from January through October 2002 represented a 31.0% increase over the corresponding 2001 period. Also, Mr. Chang indicated that wafer shipments in the fourth quarter of 2002 will be slightly higher than expected.

Sales Report: (Unit: NT$ million)

Net Sales

2002(1)

2001

Growth

October

15,231

10,338

47.3%

January through October

135,038

103,096

31.0%

(1): Year 2002 figures have not been audited.