Semiconductor Manufacturing International Corporation Clarification Announcement

PR Newswire

SHANGHAI, Feb. 9

SHANGHAI, Feb. 9 /PRNewswire-Asia / — Semiconductor Manufacturing
International Corporation (NYSE: SMI, SEHK: 981; the "Company") refers to
certain articles in the press today regarding a possible capital injection
plan and confirms that it is currently in negotiations with an investor in
respect of a proposed investment in the Company through the subscription by
such investor of shares in the Company ("Proposed Investment"). The terms of
the Proposed Investment is still under negotiation and to-date, no binding
agreement has been entered into by the Company and there is no assurance that
any definitive agreement can be entered into by the parties.

In addition, the directors of the Company are, as always, also looking at
other strategic and/or other opportunities to enhance shareholder value for
the Company. No decision has been made about any resulting transaction. There
is no certainty that any such opportunity will or will not result in any
transaction by or involving the Company or its subsidiaries.

This announcement is made pursuant to the disclosure obligations under
Rule 13.09(1) of the Rules Governing the Listing of Securities on The Stock
Exchange of Hong Kong Limited.

As at the date of this announcement, the directors of the Company are
Jiang Shang Zhou as Chairman of the Board of Directors and Independent
Non-Executive Director of the Company; David N. K. Wang as President, Chief
Executive Officer and Executive Director; Chen Shanzhi, Gao Yonggang and Zhou
Jie (Wang Zheng Gang as alternate director to Zhou Jie) as Non-Executive
Directors of the Company; and Tsuyoshi Kawanishi and Lip-Bu Tan as the other
Independent Non-Executive Directors of the Company.

    Semiconductor Manufacturing International Corporation
    Dr. David N. K. Wang
    President, Chief Executive Officer
    Executive Director

    For further information, please contact:

    Semiconductor Manufacturing International Corporation
     Enling Feng
     Investor Relations
     Tel:   +86-21-3861-0000 x16275
     Email: Enling_Feng@smics.com

     Stephanie Cheung
     Investor Relations
     Tel:   +86-21-3861-0000 x16113
     Email: Stephanie_Cheung@smics.com

     Anne Wong Chen
     Investor Relations
     Tel:   +86-21-3861-0000 x12804
     Email: Anne_CAYW@smics.com

     Edith Kwan
     Investor Relations
     Tel:   +852-2116-2624
     Email: Edith_Kwan@smics.com

SOURCE Semiconductor Manufacturing International Corporation

Contact

IR@smics.com, Enling Feng, Investor Relations, +86-21-3861-0000 x16275, Enling_Feng@smics.com, or Stephanie Cheung, Investor Relations, +86- 21-3861-0000 x16113, Stephanie_Cheung@smics.com, or Anne Wong Chen, Investor Relations, +86-21-3861-0000 x12804, Anne_CAYW@smics.com, or Edith Kwan, Investor Relations, +852-2116-2624, Edith_Kwan@smics.com, all of Semiconductor Manufacturing International Corporation