TSMC Monthly Sales Report – June 2002

Hsin-Chu, Taiwan, July 9, 2002– Taiwan Semiconductor Manufacturing Company Ltd. (“TSMC” or “the Company”) (TAIEX: 2330, NYSE: TSM) today announced that net sales for June 2002 totaled NT$15,615 million, while revenues from January to June 2002 were NT$79,972 million.

TSMC Spokesperson Mr. Harvey Chang noted that the Company's sales continued to trend upward in June. Revenues for the month increased 2.7% in comparison with May 2002, and 83.4% compared to the same period a year ago. In addition, TSMC’s wafer shipments in the second quarter of 2002 grew 20.1% compared to the first quarter of 2002, as expected. Net sales for the second quarter of 2002 were NT$44,182 million, approximately a 23.4% increase in comparison with NT$35,790 million for the first quarter of 2002.

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Sales Report (Unit: NT$ million)

Net Sales

2002(1)

2001

Growth

June

15,615

8,515

83.4%

January through June

79,972

65,818

21.5%

(1) Year 2002 figures have not been audited