Fairchild Semiconductor Senior Executives to Address Upcoming Key Financial Conferences

Business Wire, Nov 24, 2004

SOUTH PORTLAND, Maine -- Fairchild Semiconductor (NYSE: FCS)

-- CFO Matt Towse to Speak at the Lehman Brothers T4 2004 - Technology and Telecom Trends for Tomorrow Conference

-- Corporate Treasurer Pete Groth to Address Raymond James 2004 IT Supply Chain Investor Conference

-- Mid-Quarter Update Scheduled for December 1

Fairchild Semiconductor (NYSE: FCS), the leading global supplier of high performance products that optimize system power, today announced that Senior Vice President and Chief Financial Officer, Matt Towse, and Vice President and Corporate Treasurer, Pete Groth, will speak at the following upcoming financial conferences.

--Towse will present at the Lehman Brothers T4 2004 - Technology and Telecom Trends for Tomorrow Conference at The Fairmont Hotel in San Francisco, California on December 9, 2004 at 10:30 a.m. PT.

--Groth will speak at the Raymond James 2004 IT Supply Chain Investor Conference at the InterContinental The Barclay New York in New York City on December 8, 2004 at 10:20 a.m. ET. Groth is also scheduled to address the Credit Suisse First Boston Technology Conference at The Phoenician in Scottsdale, Arizona on December 1, 2004 at 10:00 a.m. MT.

Fairchild Semiconductor will announce its 2004 Q4 mid-quarter update before the market opens on December 1, 2004.

The presentations will be webcast and available on Fairchild's Investor Relations web site at http://investor.fairchildsemi.com for 30 days following the event.

"Fairchild continues to expand its worldwide leadership in power components, establishing the company as The Power Franchise(R)," said Towse. "We've developed the broadest portfolio of high performance power products, used in a very broad range of electronic devices to minimize power requirements and maximize performance by extending battery life, reducing the costs of consumer appliances and meeting new energy standards.

"We've transformed Fairchild into a global leader in power management semiconductors by turning our vision for power components into market leading products that satisfy our customers' complex requirements," Towse continued. "Today our power products represent 77% of our sales. Our design wins are fueled by Global Power Resource(TM) Design Centers around the world and research agreements with leading universities, such as our recent announcement with the prestigious Tsinghua University in Beijing. Fairchild commands more than double the revenues and market share of our nearest competitor in Asia, where our power component revenues represented $623 million in 2003.

"Power semiconductor content is projected to grow at least twice as fast, according to research analyst iSuppli, as the end markets for consumer appliances, PCs, automotive, displays, MP3s, digital still cameras and home media from 2003 through 2008," Towse concluded. "With exciting innovations in end market products, the high costs of energy and new worldwide regulations on standby power, our analog power management, power discrete, optoelectronics and supporting devices are helping our customers meet these new demands to reduce power consumption and enable next-generation applications."

About Fairchild Semiconductor:

Fairchild Semiconductor (NYSE: FCS) is the leading global supplier of high performance power products critical to today's leading electronic applications in the computing, communications, consumer, industrial and automotive segments. As The Power Franchise(R), Fairchild offers the industry's broadest portfolio of components that optimize system power through minimization, conversion, management and distribution functions. Fairchild's 9,000 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.