Exhibit 99.

Greenville, South Carolina (January 26, 2005) - KEMET Corporation
(NYSE:KEM) today announced that Dr. Jeffrey A. Graves had
resigned from his position as Chief Executive Officer of the
Company and as a Director of the Company. The Board of Directors
is actively conducting a search for a new Chief Executive
Officer. During the search, James P. McClintock, President and
Chief Operating Officer, and David E. Gable, Vice President and
Chief Financial Officer, will assume the responsibilities of
Chief Executive Officer.

About KEMET

KEMET Corporation is a preferred supplier of standardized
components to the world''s most demanding customers of quality,
delivery, and service. KEMET's common stock is listed on The New
York Stock Exchange under the symbol KEM. Additional information
can be found at http://www.KEMET.com/ir.