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SMIC Announces Appointment of New Chairman and Acting CEO, and Resumption of Trading

SHANGHAI July 15, 2011

Company 30 June 2011 Board

APPOINTMENT OF CHAIRMAN AND AUTHORISED REPRESENTATIVE

Mr. Zhang 15 July 2011

REDESIGNATION OF DIRECTOR AND INDEPENDENT NON-EXECUTIVE DIRECTOR

2 July 2011 30 June 2011 23 June 2011

Following the redesignation of Mr. Zhang as the executive director of the Company, the position of the third independent non-executive director of the Company as required by Rule 3.10(1) of the Listing Rules has been vacated.  The Company will take steps to arrange for the appointment of the third independent non-executive director of the Company as soon as practicable.

RESIGNATION OF CHIEF EXECUTIVE OFFICER

David N. K. Wang Mr. Wang 13 July 2011

APPOINTMENT OF ACTING CHIEF EXECUTIVE OFFICER

15 July 2011

CLARIFICATION

The Board notices recent press commentaries regarding staff departures including almost 100 middle management employees over the past nine months.  The Company considers that such departures have occurred in the normal course of business due to the competitive business nature of the industry in which the Company operates.  The Company has approximately 11,000 employees in total, of which the members of the middle management consist of approximately 1,000 employees.  The Company is of the view that the departures described above constituted a small proportion of its employees, and involved primarily employees on the Company’s operations level.  The Company promotes internally as well as hires externally to deal with employee turnover.  The Company does not believe its operations have been significantly impacted by such departures.  The Company further confirms that, apart from Mr. Wang referred to above, no member of the senior management has departed from the Company recently.

RESUMPTION OF TRADING

9:00 a.m. on Thursday 30 June 2011 9:00 a.m. on Monday 18 July 2011

About SMIC

Shanghai, China Shanghai Beijing Tianjin Shenzhen Europe Japan Hong Kong Wuhan

www.smics.com

Safe Harbor Statements

(Under the Private Securities Litigation Reform Act of 1995)

China China

June 28, 2011

and Results of Operations" sections, and such other documents that SMIC may file with the SEC or The Hong Kong Stock Exchange Limited ("SEHK") from time to time, including on Form 6-K. Other unknown or unpredictable factors also could have material adverse effects on SMIC’s future results, performance or achievements. In light of these risks, uncertainties, assumptions and factors, the forward-looking events discussed in this press release may not occur. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date stated, or if no date is stated, as of the date of this press release. Except as required by law, SMIC undertakes no obligation and does not intend to update any forward-looking statement, whether as a result of new information, future events or otherwise.

December 31 www.smics.com

Contact:

Investor Relations

+86-21- 3861-0000 ext. 12804

[email protected]

SOURCE Semiconductor Manufacturing International Corporation

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