Form 8-K

On March 21, 2005, KEMET Corporation announced that Mr. Per-Olof Loof has been
named as its new Chief Executive Officer and as a Director of the Company
effective April 4, 2005.  Mr. Loof is currently Managing Partner of QuanStar
Group LLC, a management consulting firm located in New York City.  He previously
served as Chief Executive Officer of Sensormatic Electronics Corporation, a
leader in electronic security, and has served in various leadership roles, both
domestically and internationally, at Andersen Consulting, Digital Equipment
Corporation, AT&T and NCR.  Under the terms of his compensation arrangement,
Mr. Loof will receive compensation and benefits comprised of (i) an annual
base salary of $432,000, (ii) eligibility to participate in an annual bonus
incentive program based on operating performance measurements, (iii) 500,000
stock  options  to purchase shares of  the Company's common stock which will
vest if and when predetermined stock price appreciation objectives are
achieved, (iv) 200,000 shares of restricted stock of the Company granted in
four equal installments of 50,000 shares over a four year period (or sooner in
certain circumstances) and vesting on the grant date, (v) a car allowance in
the amount of $1,750 per month, (vi) membership in a local dining club, (vii)
income tax preparation and tax planning services not to exceed $2,500 in any
calendar year, (viii) eligibility to participate in a non-qualified deferred
compensation plan for executives, (ix) eligibility to participate in the
Company's relocation program, (x) certain health insurance, group life insurance
and disability insurance benefits and (xi) Company sponsored life insurance in
excess of the group life insurance offered to all employees. There is no written
employment agreement with Mr. Loof.

On March 21, 2005, KEMET Corporation also announced that Mr. Frank G.
Brandenberg, a current member of its Board of Directors, has been elected as its
new Chairman of the Board, effective March 31, 2005.  The Company announced
that its current Chairman of the Board, Mr. David E. Maguire, will be retiring
from that position effective March 31, 2005, and will be leaving the Board at
that time.