SMIC Reiterates 2008 Third Quarter Revenue Guidance

SHANGHAI, China -- Sept. 29, 2008 -- Semiconductor Manufacturing International Corporation (SMIC), a world leading semiconductor foundry, reiterated today its revenue guidance for third quarter for the three months ended September 30, 2008.

Morning Wu, Acting Chief Financial Officer said, "We remain confident of achieving revenue growth of 5% to 8% for Q3 2008, the difficult global macro economic environment taken into consideration."

About SMIC

Semiconductor Manufacturing International Corporation ("SMIC"; NYSE: SMI; SEHK: 981) is one of the leading semiconductor foundries in the world and the largest and most advanced foundry in Mainland China, providing integrated circuit (IC) manufacturing service at 0.35 micron to 65 nanometer and finer line technologies. Headquartered in Shanghai, China, SMIC has a 300-millimeter wafer fabrication facility (fab) and three 200 mm wafer fabs in its Shanghai mega-fab, two 300 mm wafer fabs in its Beijing mega-fab, a 200 mm wafer fab in Tianjin, and an in-house assembly and testing facility in Chengdu. SMIC also has customer service and marketing offices in the U.S., Europe, and Japan, and a representative office in Hong Kong. In addition, SMIC manages and operates a 200 mm wafer fab in Chengdu owned by Cension Semiconductor Manufacturing Corporation and a 300 mm wafer fab in Wuhan owned by Wuhan Xinxin Semiconductor Manufacturing Corporation. For more information, please visit www.smics.com

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