Fairchild Semiconductor Listed as One of the '100 Best Corporate Citizens'

Business Wire, March 4, 2008

SAN JOSE, Calif. -- Fairchild Semiconductor (NYSE: FCS), a leading global supplier of high performance products that drive energy-efficiency, has been recognized as one of the '100 Best Corporate Citizens' by CRO Magazine in their annual ranking of public companies in the United States.

"Fairchild is honored to be included in this list of companies that are recognized for their sustainability initiatives and corporate responsibility actions," said Mark Thompson, Fairchild's president and CEO. "With the world energy concerns, semiconductor suppliers have the opportunity, and obligation, to design products that reduce the demand for power and to develop practices that encourage environmental stewardship in our facilities."

In compiling the 100 Best, CRO - in partnership with IW Financial, a research and consulting firm in environment, social and governance issues - ranked the corporate responsibility efforts of large-cap companies from the Russell 1000 index in eight categories: Climate Change, Employee Relations, Environment, Financial, Governance, Human Rights, Lobbying and Philanthropy. Transparency is an important component of corporate responsibility and the results were based on publicly-available data from company financial disclosures, sustainability, environment and citizenship reports, websites, EPA databases and a number of other sources as part of a standardized research processes.

"Some companies have good environmental policies," says Mark Bateman, director of Research at IW Financial. "Some companies have great employee relations. Some companies have exemplary human rights records. CRO's 100 Best Corporate Citizens list answers the question: Which companies do best across a wide variety of citizenship issues?"

As The Power Franchise[R], Fairchild provides innovative solutions for the ever-increasing demand for products that converge applications into smaller, lighter, more efficient devices while consuming less power. The dwindling supply of fuel and the emergence of new worldwide regulations and standards that mandate energy-efficiency in a wide range of applications are driving the continuous need for new technologies that consume low power and conserve energy.

About Fairchild Semiconductor:

Fairchild Semiconductor (NYSE: FCS) is a global leader delivering energy-efficient power analog and power discrete solutions. Fairchild is The Power Franchise[R], providing leading-edge silicon and packaging technologies, manufacturing strength and system expertise for consumer, communications, industrial, portable, computing and automotive systems. An application-driven, solution-based semiconductor supplier, Fairchild provides online design tools and design centers worldwide as part of its comprehensive Global Power Resource(SM). Please contact us on the web at www.fairchildsemi.com.