Fairchild Semiconductor Executives to Speak at Key Financial Conferences

Business Wire, March 19, 2003

Business Editors/High-Tech Writers

SOUTH PORTLAND, Maine--(BUSINESS WIRE)--March 19, 2003

Fairchild Semiconductor (NYSE: FCS), one of the largest global suppliers of high performance products that optimize system power in multiple end markets, announced today that senior executives will speak at three leading financial conferences over the next several months. At these events, the company will highlight its ongoing multi-pronged plan for driving growth, while continuing to manage cash flow and operational expenses.

Details regarding Fairchild conference participation are as follows:

-- On March 20th, Matt Towse, vice president and treasurer, will speak at the Lehman Brothers High Yield Bond & Syndicated Loan Conference at Disney's Yacht & Beach Club Resort in Orlando, FL;

-- Kirk Pond, president, CEO and chairman of the Board, will speak at the J.P. Morgan Technology and Telecom Conference to be held May 5 - 8, 2003, at the Westin Saint Francis Hotel in San Francisco, CA;

-- Joseph Martin, executive vice president and CFO, will speak at the Deutsche Bank 2003 Global Technology Conference for Semiconductors & Semiconductor Capital Equipment to be held May 13 - 14, 2003, at the Bellagio Hotel in Las Vegas, NV.

In 2002, Fairchild's power analog and power discrete sales grew 13% year-over-year, and the company gained significant power design wins in battery protection, DVD, game console, notebook, cell phone, plasma displays, peripherals and PDA applications.

Within early first quarter 2003, Fairchild won significant automotive ignition designs in key European accounts, and experienced success in driving its analog power switch and motor control products into high volume television, set top box and DVD player applications, as well as low voltage power products within notebook PCs.

Fairchild Semiconductor:

Fairchild Semiconductor (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. Total cash c