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Monthly Sales Report - June 2004
Hsinchu, Taiwan, July 09, 2004 - Vanguard International Semiconductor Corporation (VIS) today announced that net sales for June 2004 reached its 2004 record high of NT$ 1,435 million. This was a 2.8% increase over May 2004 and a 59% increase over June 2003. The sales for the January-June period totaled NT$ 7,893 million, representing a 61% growth over the same period in 2003.

Mr. Daniel S. Chen, VIS spokesman and vice president, noted that, ¡§The net sales for the second quarter of 2004 totaled NT$ 4,161 million, which was a 11.5% growth over the first quarter of 2004. This sales growth resulted from the rise of logic wafer shipments. The VIS monthly production volume has exceed 50,000 8-inch wafers and will be expanded to 60,000 8-inch wafers in 2005 to meet the increasing market needs.¡¨

The VIS sales revenue has marked the tenth consecutive monthly record. With the increase of logic wafer shipments, the sales revenue and profit of VIS will continue to grow.