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Monthly Sales Report - January 2003
HsinChu, Taiwan, Feb. 11, 2003- Vanguard International Semiconductor Corporation (VIS) announced today the sales revenue for January 2003 reached NT$ 785 million.

Mr. Paul Chien, President of Vanguard, noted that Vanguard has benefited from its efforts on technology capabilities, manufacturing service and customer relationship. The orders from customers continued to increase as well as wafer shipments in January. The sales revenue represented a 17 percent increase over the December 2002 revenue of NT$671 million, and represented the forth consecutive month revenue growth. Compared to the same period of 2002, it also represented a 27% significant increase.