Fairchild Semiconductor to Host Analyst Day at the New York Stock Exchange; The Company's Presentations will be Available Via Webcast

Business Wire, June 17, 2002

Business/Technology Editors

NEW YORK--(BUSINESS WIRE)--June 17, 2002

Fairchild Semiconductor International (NYSE: FCS) will hold its third annual Analyst Day at the New York Stock Exchange on Tuesday, June 18 from 9:00 a.m. to 1:00 p.m. Eastern time. The event will be webcast to provide access to all interested investors; webcast details are provided below.

Analyst Day provides the financial community with in-depth briefings of Fairchild's initiatives in the power semiconductor market. Senior management will review the status of the company's markets, its growth plans, new product development and sales initiatives and operations.

Fairchild's growth initiatives have positioned the company as the leading global supplier of broadbased power components, used in multiple end markets including computing, consumer, communications, automotive and industrial applications, as reported by Venture Development Corporation and Gartner Dataquest.

"Our Analyst Day presentations give investors a unique opportunity to learn more about Fairchild's businesses and growth plan," says Kirk Pond, president, CEO and chairman of the Board of Fairchild Semiconductor. "We look forward to providing investors with another opportunity to learn more about Fairchild Semiconductor, as we know they're interested in our company's long-term strategy and how management plans to continue to grow the company. Fairchild will continue to execute on its two-pronged strategy of new product development and strategic acquisitions. This formula has served us well, allowing us to gain market share and outperform the industry in the five short years since our founding."

The presentations will be available via webcast both live and for thirty days following the event. Interested investors who wish to listen to the live webcast should visit the investor relations section of the company's web site at www.fairchildsemi.com at least 15 minutes prior to the start of the event. Then, follow the instructions provided to assure the necessary audio applications are downloaded and installed. These programs can be obtained at no charge to the user. For thirty days, interested parties will be able to access an archived version of the presentations, which will also be located on the investor relations section of Fairchild's web site.

About Fairchild Semiconductor International:

Fairchild Semiconductor International (NYSE: FCS) is a leading global supplier of high performance products for multiple end markets. With a focus on developing leading edge power and interface solutions to enable the electronics of today and tomorrow, Fairchild's components are used in computing, communications, consumer, industrial and automotive applications. Fairchild's 10,000 employees design, manufacture and market power, analog & mixed signal, interface, logic, and optoelectronics products from its headquarters in South Portland, Maine, USA and numerous locations around the world. Please contact us on the web at www.fairchildsemi.com.