1 EXHIBIT 2 MASNET No. 10 OF 25.05.2000 Announcement No. 10 CHARTERED SEMICONDUCTOR MANUFACTURING LTD NOTICE OF CHANGES IN DIRECTOR'S INTERESTS NAME OF DIRECTOR: Barry Waite DATE OF NOTICE TO COMPANY: 25/05/2000 DATE OF CHANGE OF INTEREST: 24/05/2000 NAME OF REGISTERED HOLDER: Barry Waite CIRCUMSTANCE GIVING RISE TO THE CHANGE: Exercise of share options/convertibles SHARES HELD IN THE NAME OF REGISTERED HOLDER NO. OF SHARES OF THE CHANGE: 1,364,960 % OF ISSUED SHARE CAPITAL: 0.099 AMOUNT OF CONSIDERATION PER SHARE EXCLUDING 376,000 shares@S$0.93 BROKERAGE,GST,STAMP DUTIES,CLEARING FEE: 196,960 shares@S$0.9309 792,000 shares@S$3.344 NO. OF SHARES HELD BEFORE CHANGE: 1,582,000 % OF ISSUED SHARE CAPITAL: 0.115 NO. OF SHARES HELD AFTER CHANGE: 2,946,960 % OF ISSUED SHARE CAPITAL: 0.214 HOLDINGS OF DIRECTOR INCLUDING DIRECT AND DEEMED INTEREST DEEMED DIRECT NO. OF SHARES HELD BEFORE CHANGE: 0 1,582,000 % OF ISSUED SHARE CAPITAL: 0.115 NO. OF SHARES HELD AFTER CHANGE: 0 2,946,960 % OF ISSUED SHARE CAPITAL: 0.214 TOTAL SHARES: 0 2,946,960 Submitted by Nancy Tan See Sin, Joint Company Secretary on 25/05/2000 to the SGX