STATS ChipPAC Announces Early Results of the Exchange Offer for Its Existing 7.5% Senior Notes Due 2015

STATS ChipPAC Announces Early Results of the Exchange Offer for Its Existing 
7.5% Senior Notes Due 2015 
SINGAPORE--4 MARCH 2013, UNITED STATES -- (Marketwire) -- 03/03/13 --
 STATS ChipPAC Ltd. ("STATS ChipPAC" or the "Company") (SGX-ST:
STATSChP) (SGX: S24), a leading provider of advanced semiconductor
packaging and test services, today announced the early results of its
private offer to exchange (the "Exchange Offer") any and all of its
outstanding $600.0 million principal amount of 7.5% Senior Notes due
2015 (the "Existing Notes"), with ISIN/CUSIP: 85771TAH7, Y8162BAE5,
US85771TAH77 and USY8162BAE57, for its 4.5% Senior Notes due 2018
(the "New Notes") that was announced on 14 February 2013.  
As of the Early Exchange Deadline, on Friday, 1 March 2013, 5:00
p.m., New York City time, an aggregate principal amount of
$357,709,000, representing approximately 59.62%, of the Existing
Notes have been validly tendered. The Withdrawal Deadline expired on
1 March 2013, 5:00 p.m., New York City time. The Exchange Offer for
the Existing Notes will expire on Friday, 15 March 2013 at 11:59
p.m., New York City time, unless extended or earlier terminated. 
For each $1,000 principal amount of Existing Notes validly tendered
and accepted for exchange pursuant to the Exchange Offer after the
Early Exchange Deadline and on or prior to the Expiration Date,
Eligible Holders of Existing Notes will only receive a Principal
Exchange Amount of $1,037.50 principal amount of New Notes, which is
the Total Exchange Amount less the Early Exchange Premium. 
The Exchange Offer is being made on the terms and subject to the
conditions contained in the Company's exchange offer memorandum dated
14 February 2013, as supplemented by the Company's announcement dated
27 February 2013 (collectively, the "Exchange Offer Memorandum"), and
is subject to the offer restrictions described therein. The Company
may amend, extend or terminate the Exchange Offer at any time. 
As announced on 14 February 2013, the Company may offer, subject to
market conditions and other factors, additional New Notes to
qualified institutional buyers pursuant to Rule 144A under the U.S.
Securities Act of 1933, as amended ("Securities Act"), and to persons
outside the United States in reliance on Regulation S under the
Securities Act.  
Unless otherwise defined, defined terms in this release have the
meaning set out in the Exchange Offer Memorandum. 
No Offering of New Notes and No Offer to Purchase Existing Notes 
This release does not constitute an offer of securities for sale in
the United States. The New Notes will not be registered under the
Securities Act, and may not be offered or sold in the United States
absent registration or an applicable exemption from registration
requirements.  
This release also does not constitute an offer to purchase, a
solicitation of an offer to purchase, or a solicitation of exchange
with respect to, any Existing Notes. The Exchange Offer is being made
solely pursuant to the Exchange Offer Memorandum and related
materials. Eligible Holders should read the Exchange Offer Memorandum
and related materials carefully prior to making any decision with
respect to the Exchange Offer because they contain important
information. Lucid Issuer Services Limited is serving as the
information and exchange agent in connection with the Exchange Offer
and Eligible Holders can contact the information and exchange agent
to obtain a free copy of the Exchange Offer Memorandum and related
materials at statschippac@lucid-is.com or +44 20 7704 0880
(telephone). 
Forward-looking Statements 
Certain statements in this release, including statements regarding
the Exchange Offer and the offering of additional New Notes, are
forward-looking statements. All forward-looking statements involve a
number of risks and uncertainties that could cause actual results to
differ materially from expectations. There can be no assurance that
the Exchange Offer or the offering of additional New Notes (if made)
will be completed. Factors that could cause actual results to differ
include risks and uncertainties related to market conditions and
satisfaction of customary closing conditions related to the Exchange
Offer and the offering of additional New Notes (if made) and other
factors discussed in its reports filed with the Singapore Exchange
Securities Trading Limited (the "SGX-ST"). You should not unduly rely
on such statements. We do not intend, and do not assume any
obligation, to update any forward-looking statements to reflect
subsequent events or circumstances. 
References to "$" are to the lawful currency of the United States of
America. 
About STATS ChipPAC Ltd.  
STATS ChipPAC Ltd. (SGX-ST Code: S24) is a leading service provider
of semiconductor packaging design, assembly, test and distribution
solutions in diverse end market applications including
communications, digital consumer and computing. With global
headquarters in Singapore, STATS ChipPAC has design, research and
development, manufacturing or customer support offices throughout
Asia, the United States and Europe. STATS ChipPAC is listed on the
SGX-ST. Further information is available at www.statschippac.com.
Information contained in this website does not constitute a part of
this release.  
Investor Relations Contact:
Tham Kah Locke
Vice President of Corporate Finance 
Tel: (65) 6824 7788
Fax: (65) 6720 7826
email: kahlocke.tham@statschippac.com 
Media Contact:
Lisa Lavin
Deputy Director of Marketing Communications
Tel: (208) 867-9859
email: lisa.lavin@statschippac.com 
 
 
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