TSMC Appoints Chief Technology Officer

Hsinchu, Taiwan, MAY 21, 2001 --Taiwan Semiconductor Manufacturing Company Ltd. (TSMC or the “Company”) (NYSE: TSM) today announced that Dr. Chenming Hu has been appointed as the first CTO (Chief Technology Officer) in TSMC’s history, effective June 1. Dr. Chenming Hu will be responsible for formulating TSMC technology strategy, including the System-On-Chip development, and will also be responsible for developing advanced technology. Dr. Hu will report to TSMC president Dr. F. C. Tseng directly.

Dr. Hu was appointed as the first TSMC Distinguished Chair Professor at the College of Engineering of University of California, Berkeley in 2000. The TSMC Distinguished Professorship was endowed by TSMC with the goal to recognize excellence in teaching and research in the field of microelectronics. Prior to 2000 Dr. Hu held the Chancellor’s Professor Chair at UC, Berkeley. Before joining UC, Berkeley in 1976, he was Assistant Professor at Massachusetts Institute of Technology.

In addition to Dr. Hu’s teaching profession, he has been actively involved in many activities with the related industries. He is the co-founder and co-chairman of Board of Celestry Design Technologies, Inc. Other positions he has held include Nonvolatile Memory Development Manager of National Semiconductor. Dr. Hu has participated in the founding, corporate board, or technical board of many companies. In addition, he has acted as consultant to IBM, TI, AMD, Philips and TSMC.

Dr. Hu’s accomplishments in the field of semiconductors are widely recognized. He is a member of the US National Academy of Engineering, a Fellow of the IEEE, and a Life Honorary Professor of the Chinese Academy of Science. Among the many awards he has received is the IEEE Jack Morton Award for solid state devices and technology. In the past few years he has led the development of advanced technologies that set world records in transistor size and performance and the first international standard transistor model for IC design.

Dr. Hu holds a B.S. degree in EE from National Taiwan University, and a MS degree and a Ph.D. degree in electrical engineering and computer science from University of California, Berkeley. His publications include 5 books and over 500 research articles. He has been granted 15 patents.