Securities and Futures (Market Conduct) (Exemption for Stabilising Action in respect of Dealings in Bonds) (No. 17) Regulations 2005

These Regulations may be cited as the Securities and Futures (Market Conduct) (Exemption for Stabilising Action in respect of Dealings in Bonds) (No. 17) Regulations 2005 and shall come into operation on 17th August 2005.

In these Regulations, unless the context otherwise requires —“Bonds” means the 5-year fixed rate amortising bonds due August 2010 issued by Chartered Semiconductor Manufacturing Ltd for a principal amount of up to US$75 million, each of which is to be sold together with one of the 5-year convertible redeemable preference shares due August 2010 issued by Chartered Semiconductor Manufacturing Ltd for a principal amount of up to US$500 million;“stabilising action” means an action taken in Singapore or elsewhere by Goldman Sachs (Singapore) Pte., or any of its related corporations, to buy, or to offer or agree to buy, any of the Bonds in order to stabilise or maintain the market price of the Bonds in Singapore or elsewhere.

“Bonds” means the 5-year fixed rate amortising bonds due August 2010 issued by Chartered Semiconductor Manufacturing Ltd for a principal amount of up to US$75 million, each of which is to be sold together with one of the 5-year convertible redeemable preference shares due August 2010 issued by Chartered Semiconductor Manufacturing Ltd for a principal amount of up to US$500 million;

“stabilising action” means an action taken in Singapore or elsewhere by Goldman Sachs (Singapore) Pte., or any of its related corporations, to buy, or to offer or agree to buy, any of the Bonds in order to stabilise or maintain the market price of the Bonds in Singapore or elsewhere.

Sections 197 and 198 of the Act shall not apply to any stabilising action taken in respect of any of the Bonds, within 30 days from the date of issue of the Bonds, with ––

a person referred to in section 274 of the Act; or

a sophisticated investor as defined in section 275(2) of the Act.