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Monthly Sales Report - March 2003
HsinChu, Taiwan, April 9, 2003- Vanguard International Semiconductor Corporation (VIS) announced today the sales revenue for March 2003 was NT$ 780 million, and the cumulative revenue through March was NT$ 2.24 billion.

Mr. Paul Chien, President of Vanguard, noted that the sales contributed from logic foundry wafer business exceeded those of DRAM business caused by the steady growth of company's wafer foundry business. Although the annual maintenance led to a decrease of working days in March, the sales revenue still represented a 15 percent significant increase over the February revenue of NT$679 million due to the continuing growth of customer orders and wafer shipments. Compared to the same period of 2002, the company's monthly and cumulative sales revenue also represented a 11.15% and 13.29% significant growth respectively.