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To implement the principles of corporate governance, Chairman and President, Mr. S.J. Paul Chien resigned from his duty as the President; Mr. George Liu appointed Acting President
Hsinchu, Taiwan, December 2, 2005 - Vanguard International Semiconductor Corporation today announced that in order to implement the principles of corporate governance, Chairman and President, Mr. S.J. Paul Chien has resigned from his duty as the President. The Board passed the resolution, which became effective as of December 2, 2005.

Board of Directors has appointed Mr. George Liu, Vice President of Corporate Development to be the Acting President and Company's Spokesman until the new president takes office.

Mr. George Liu graduated from Arizona State University with a M.S. in electrical engineering. He has more than twenty years experience in the semiconductor industry. He served in Intel, USA for nineteen year and he was the Vice President of Primarion Inc. before joining VIS.
 
Media Contacts:
George Liu
Spokesman
Acting President
Vanguard International Semiconductor Corporation
Tel: 886-3-5770355
Fax: 886-3-5773504
E-mail: pr@vis.com.tw

Michelle Chang
Public Relations
Vanguard International Semiconductor Corporation
Tel: 886-3-5770355 ext.1900
Fax: 886-3-5773504
E-mail: ijchang@vis.com.tw