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STATS ChipPAC Ltd.
 Performance Share Plan




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TABLE OF CONTENTS
 Page No.SECTION 1.
    
    ESTABLISHMENT AND PURPOSE.
    
    
    1SECTION 2.
    
    ADMINISTRATION.
    
    
    1(a)
    
    Committees of the Board of Directors.
    
    
    1(b)
    
    Committee Composition under Section 16.
    
    
    1(c)
    
    Authority of the Board of Directors.
    
    
    1(d)
    
    Governing Law.
    
    
    2SECTION 3.
    
    ELIGIBILITY.
    
    
    2SECTION 4.
    
    SHARES SUBJECT TO PLAN.
    
    
    2(a)
    
    Basic Limitation.
    
    
    2(b)
    
    Additional Shares.
    
    
    2SECTION 5.
    
    TERMS AND CONDITIONS OF PERFORMANCE SHARES.
    
    
    2(a)
    
    Grant.
    
    
    2(b)
    
    Payment.
    
    
    2(c)
    
    Performance Share Agreement.
    
    
    3(d)
    
    Number of Shares.
    
    
    3(e)
    
    Expenses and Withholding Taxes.
    
    
    3(f)
    
    Change of Control.
    
    
    3(g)
    
    Nontransferability.
    
    
    3(h)
    
    Termination of Service.
    
    
    4(i)
    
    Leave of Absence.
    
    
    4(j)
    
    No Rights as a Shareholder.
    
    
    4(k)
    
    Modification, Extension and Assumption of Performance Shares.
    
    
    4(l)
    
    Restriction on Sale of Shares.
    
    
    4(m)
    
    Vesting.
    
    
    4SECTION 6.
    
    PAYMENT FOR SHARES.
    
    
    4SECTION 7.
    
    ADJUSTMENT OF SHARES.
    
    
    4(a)
    
    General.
    
    
    4(b)
    
    Reservation of Rights.
    
    
    4SECTION 8.
    
    SECURITIES LAW REQUIREMENTS.
    
    
    5SECTION 9.
    
    NO RETENTION RIGHTS.
    
    
    5SECTION 10.
    
    DURATION AND AMENDMENTS.
    
    
    5(a)
    
    Term of the Plan.
    
    
    5(b)
    
    Right to Amend or Terminate the Plan.
    
    
    5(c)
    
    Effect of Amendment or Termination.
    
    
    5SECTION 11.
    
    CONTRACTS (RIGHTS OF THIRD PARTIES) ACT.
    
    
    5SECTION 12.
    
    DEFINITIONS.
    
    
    5SECTION 13.
    
    EXECUTION.
    
    
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STATS ChipPAC LTD.
 PERFORMANCE SHARE PLAN
 
 SECTION 1. ESTABLISHMENT AND PURPOSE.
   
 SECTION 2. ADMINISTRATION.
 
 (a) Committees of the Board of Directors .
  
 (b) Committee Composition under Section 16
  
 (c) Authority of the Board of Directors .
  .
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(d) Governing Law .
  
 SECTION 3. ELIGIBILITY.
  
 SECTION 4. SHARES SUBJECT TO PLAN.
 
 (a) Basic Limitation .
  
 (b) Additional Shares .
    
 SECTION 5. TERMS AND CONDITIONS OF PERFORMANCE SHARES.
 
 (a) Grant.
  
 (b) Payment
 th th
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(c) Performance Share Agreement .
  
 (d) Number of Shares .
  
 (e) Expenses and Withholding Taxes .
  
 (f) Change of Control .
         
 (g) Nontransferability .
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(h) Termination of Service .
  
 (i) Leave of Absence .
  
 (j) No Rights as a Shareholder .
  
 (k) Modification, Extension and Assumption of Performance Shares .
  
 (l) Restriction on Sale of Shares .
  
 (m) Vesting .
  
 SECTION 6. PAYMENT FOR SHARES
  
 SECTION 7. ADJUSTMENT OF SHARES.
 
 (a) General .
  
 (b) Reservation of Rights .
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SECTION 8. SECURITIES LAW REQUIREMENTS.
  
 SECTION 9. NO RETENTION RIGHTS.
  
 SECTION 10. DURATION AND AMENDMENTS.
 
 (a) Term of the Plan .
  
 (b) Right to Amend or Terminate the Plan .
  
 (c) Effect of Amendment or Termination .
  
 SECTION 11. CONTRACTS (RIGHTS OF THIRD PARTIES) ACT.
  
 SECTION 12. DEFINITIONS.
    5




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SECTION 13. EXECUTION.
  STATS ChipPAC LTD.By:
    /s/ Tan Lay KoonTitle:

President & CEO 7