Date: 07/12/2011

STATS ChipPAC's plant in Thailand is under suspension upto Jan 2012

STATS ChipPAC has announced that its wholly-owned subsidiary, STATS ChipPAC (Thailand ) Ltd., which is situated at 101/32-33 Navanakorn Industrial Estate, Moo 20, Paholyothin Road, KM 46, Ampoe KlongSTATS ChipPAC Luang, Pathum Thani (the "Thailand Plant") has been suspended since 17 October 2011 due to the recent flood in Thailand.

As the flood water level is receding in the Navanakorn Industrial Estate, the Company has been able to gain access to the Thailand Plant and is in the process of assessing damages, evaluating recoverability of assets and planning restoration of the Thailand Plant for production. The Company is as yet unable to determine when full operations might resume at the Thailand Plant, and currently expects the Thailand Plant to remain suspended through January 2012, with partial factory operation in the first quarter of 2012.

Despite that, the Company affirms its current outlook of net revenues in the fourth quarter of 2011 to be single digit decrease from prior quarter, with adjusted EBITDA in the range of 20% to 25% of revenue, and capital expenditure to be approximately $50 million to $60 million. The Thailand Plant suspension from 17 October 2011 to the end of December 2011 is expected to account for approximately 7% reduction in revenue for the fourth quarter of 2011 compared to the third quarter of 2011.