Elpida's Advanced 90nm DDR2 SDRAM Successfully Qualified at SMIC Beijing's 300mm Fab

SHANGHAI, China and TOKYO -- June 19, 2006 -- Semiconductor Manufacturing International Corporation ("SMIC", NYSE: SMI; SEHK: 981), one of the leading foundries in the world, and Elpida Memory, Inc., a manufacturer of advanced Dynamic Random Access Memory (DRAM) (Tokyo Stock Exchange: 6665) today jointly announced that Elpida's 512M-bit DDR2 SDRAM (Double Data Rate 2 Synchronous DRAM), manufactured using a 90nm manufacturing process at SMIC's 300mm facility in Beijing, has successfully been qualified.

"We are delighted that our product using a 90nm manufacturing process at SMIC's 300mm facility in Beijing has been qualified," said Yukio Sakamoto, President and CEO of Elpida. "We believe this would result in further expansion of Elpida's production capacity of 90nm process products. Based on the success of the qualification of the 90nm products, we will start considering the installation in SMIC of Elpida's advanced processes for our future products."

"We are proud of the qualification of Elpida's 90nm product," said Richard Chang, President and CEO of SMIC. "SMIC will take aggressive steps to establish stable volume production of the product and expand our production capacity to meet our customer's needs. SMIC intends to continue to strengthen our technology to further deliver advanced products that have been developed at Elpida."

About SMIC

SMIC (NYSE: SMI; SEHK: 981) is one of the leading semiconductor foundries in the world and the largest and most advanced foundry in Mainland China, providing integrated circuit (IC) manufacturing service at 0.35um to 90nm and finer line technologies. Headquartered in Shanghai, China, SMIC operates three 200mm fabs in Shanghai and one in Tianjin, and one 300mm fab in Beijing, the only one of its kind in Mainland China. SMIC has customer service and marketing offices in the U.S., Italy, and Japan as well as a representative office in Hong Kong. For additional information, please visit http://www.smics.com .

About Elpida Memory, Inc.

Elpida Memory, Inc. is a manufacturer of Dynamic Random Access Memory (DRAM) silicon chips with headquarters based in Tokyo, Japan, and sales and marketing operations located in Japan, North America, Europe and Asia. Elpida's state-of-the-art semiconductor wafer manufacturing facilities are located in Hiroshima, Japan. Elpida offers a broad range of leading-edge DRAM products for high-end servers, mobile phones, digital television sets and digital cameras as well as personal computers.

For additional information, please visit http://www.elpida.com/en/index.html .