CHARTERED SEMICONDUCTOR MANUFACTURING LTD.

On May 21, 2009 in Singapore, the Company announced "Adjustments to Conversion
Price due to Consolidation". A copy of the Company’s announcement dated May 21,
2009 is attached hereto as Exhibit 99.1.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

		CHARTERED SEMICONDUCTOR MANUFACTURING LTD.

Date: May 21, 2009	By:	/s/ George Thomas
	Name:	George Thomas
	Title:	Senior Vice President and Chief Financial Officer

EXHIBIT INDEX

Exhibit No.		Description

99.1		Adjustments to Conversion Price due to Consolidation

EX-99.1 2 exhibit1.htm EX-99.1 Exhibit EX-99.1

CHARTERED SEMICONDUCTOR MANUFACTURING LTD.
(Registration No. (UEN) 198703584K)
(Incorporated in the Republic of Singapore)

CONVERTIBLE REDEEMABLE PREFERENCE SHARES
(Common Code 022540882, ISIN XS0225408821)

Unless otherwise defined, all capitalised terms used herein shall bear the same meaning as in Article 4A of the Articles of Association of Chartered (“Articles”) and Chartered’s announcement dated March 10, 2009 and April 6, 2009 in relation to the adjustments to the conversion price of its Preference Shares due to its renounceable underwritten rights offering and proposed share consolidation exercise.

Adjustments to Conversion Price due to Consolidation

Further to Chartered’s announcements on March 10, 2009 and April 6, 2009, following the shareholder approval for the consolidation of every ten Ordinary Shares into one Consolidated Ordinary Share at the Extraordinary General Meeting convened on April 30, 2009, the definitive adjusted Conversion Price is US$4.12 per Consolidated Ordinary Share. Pursuant to Article 4A.17(2) of the Articles, the adjustment to the Conversion Price will take effect from 9.00 a.m. on May 21, 2009.

Issued by
Chartered Semiconductor Manufacturing Ltd.

May 21, 2009, Singapore

CHARTERED SEMICONDUCTOR MANUFACTURING LTD. ———————————————————————————————————
(Translation of registrant’s name into English)

SINGAPORE ———————————————————————————————————
(Jurisdiction of incorporation or organization)

60 WOODLANDS INDUSTRIAL PARK D, STREET 2, SINGAPORE 738406
——————————————————————————————————— (Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: [x] Form 20-F [ ] Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ]

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ]

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934: [ ] Yes [x] No