CHARTERED SEMICONDUCTOR MANUFACTURING LTD AND SUBSIDIARIES
      UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                     (In thousands of US Dollars)

                                             Determined in accordance
                                                    with US GAAP

                                              For The Twelve Months
                                                       Ended
                                             -------------------------

                                             December 31, December 31,
                                                 2006         2007
                                             ------------ ------------
CASH FLOWS FROM OPERATING ACTIVITIES

Net income                                   $    67,024  $   101,688
Adjustments to reconcile net income to net
 cash provided by operating activities:
  Equity in income of associated companies,
   net                                           (36,040)     (33,836)
  Cash dividends received from SMP                38,178       33,602
  Depreciation and amortization                  504,454      494,774
  Foreign exchange loss, net                       1,946          252
  Gain on disposal of property, plant and
   equipment, net                                 (4,822)      (1,010)
  Others, net                                     11,048       17,648
Changes in assets and liabilities:
  Receivables                                    (61,687)       8,197
  Inventories                                    (21,513)     (55,032)
  Other assets                                    (5,716)     (72,977)
  Payables and other liabilities                  28,277      (14,433)
                                             ------------ ------------
Net cash provided by operating activities        521,149      478,873
                                             ------------ ------------

CASH FLOWS FROM INVESTING ACTIVITIES

Payments for property, plant and equipment      (554,771)    (758,352)
Payments for technology licenses                  (9,667)      (8,369)
Refundable deposits placed with a vendor         (15,000)           -
Refund of deposits placed with a vendor          111,656          449
Proceeds from sale of property, plant and
 equipment                                         9,975        5,059
Proceeds from redemption, maturity and
 disposal of marketable securities and other
 investments                                      20,998        8,837
Return of capital from SMP                        16,913        7,350
Increase in other investments                          -      (99,373)
Others, net                                         (488)      (1,151)
                                             ------------ ------------
Net cash used in investing activities           (420,384)    (845,550)
                                             ------------ ------------

CASH FLOWS FROM FINANCING ACTIVITIES

Debt
  Borrowings                                                             492,915            542,848
    Repayments                                                                        (635,010)        (123,629)
Capital  lease  payments                                                        (3,845)            (3,981)
Receipts  of  refundable  customer  deposits                    45,183                    202
Refund  of  customer  deposits                                            (72,108)          (28,559)
Issuance  of  ordinary  shares                                                2,357                2,576
Increase  in  cash  restricted  for  debt
  repayments                                                                            (40,231)            (2,029)
Others,  net                                                                                5,752                  (900)
                                                                                          ------------  ------------
Net  cash  (used  in)  provided  by  financing
  activities                                                                          (204,987)          386,528
                                                                                          ------------  ------------


Effect  of  exchange  rate  changes  on  cash  and
  cash  equivalents                                                                    3,348                4,340
Net  (decrease)  increase  in  cash  and  cash
  equivalents                                                                        (100,874)            24,191
Cash  and  cash  equivalents  at  the  beginning
  of  the  period                                                                      819,856            718,982
                                                                                          ------------  ------------
Cash  and  cash  equivalents  at  the  end  of  the
  period                                                                            $      718,982    $      743,173
                                                                                          ------------  ------------