Singapore - 5 August 2015 - STATS ChipPAC Ltd. ("STATS ChipPAC" or the "Company" - SGX-ST: STATSChP), a leading provider of advanced semiconductor packaging and test services, announced today the promotion and appointment of Dr Han Byung Joon ("Dr BJ Han") as Co-President and Chief Executive Officer for the Company, together with Mr Tan Lay Koon.

Mr Tan Lay Koon and Dr BJ Han will both report to the Board and be jointly responsible for the management, strategy and performance of the Company.

"I am pleased that Dr BJ Han will be serving as Co-President and Chief Executive Officer with Mr Tan Lay Koon. Dr BJ Han is an experienced and effective leader who has served as our Chief Technology Officer and Head of Global Sales and Advanced Technology Marketing. I look forward to his continued contribution and leadership with Mr Tan Lay Koon," said Mr Wang XinChao, Chairman of the Board, STATS ChipPAC.

Dr BJ Han has been the Company's Chief Technology Officer since 1999. He is also responsible for Advanced Technology Marketing and is the Head of Global Sales for the Company. Prior to joining us, Dr. Han worked at Anam Semiconductor, AT&T Bell Labs and IBM. He received his Doctorate from Columbia University and attended Harvard Business School's Executive Advanced Management Program.

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