Fairchild Semiconductor (NYSE: FCS), a leading global supplier of high performance products that drive energy-efficiency, was recently awarded Best Supplier Performance in Material Cluster Electronics by Continental Corporation during their 2008 Supplier Day. Continental is one of the top suppliers of brake systems, powertrain and chassis systems and components, instrumentation, infotainment solutions, vehicle electronics, tires and engineering elastomers for the automotive market.

“Delivering high performance products and services to our customers is our passion,” said Mr. Guenter Fella, senior vice president Purchasing, Continental Automotive. “We selected Fairchild as a recipient of this award because they share our vision and have provided leadership in power management technologies and products. They’ve demonstrated their commitment to the automotive segment through their focused team management and have strong top management involvement to support Continental’s strategy. We’re pleased to recognize our suppliers that adhere to our high standards in product development, delivery and quality.”

“We’re honored to receive Continental’s award as a Best Supplier Performance and will continue to work hard to exceed our customers’ expectation,” said Ole-Petter Brusdal, Fairchild’s regional vice president, Europe Sales and Marketing. “This award validates our focus on developing and delivering the right high quality products, on time to our customers.”

Fairchild provides advanced process and packaging technologies, as well as integrated power analog, power discrete and optoelectronic functionality into innovative packaging, enabling Fairchild to develop energy efficient solutions for the automotive electronics market. Fairchild offers the industry’s most comprehensive portfolio of products, from 1W to >1200W, to maximize energy efficiency in today’s automotive electronic applications such as power management, body control, motor control, ignition and engine management, and electric and hybrid electric vehicle systems.

About Fairchild Semiconductor:

Fairchild Semiconductor (NYSE: FCS) is a global leader delivering energy-efficient power analog and power discrete solutions. Fairchild is The Power Franchise®, providing leading-edge silicon and packaging technologies, manufacturing strength and system expertise for consumer, communications, industrial, portable, computing and automotive systems. An application-driven, solution-based semiconductor supplier, Fairchild provides online design tools and design centers worldwide as part of its comprehensive Global Power ResourceSM. Please contact us on the web at www.fairchildsemi.com.

About Continental Corporation:

With targeted annual sales of more than €26.4 billion in 2008, the Continental Group is one of the top automotive suppliers worldwide. As a supplier of brake systems, powertrain and chassis systems and components, instrumentation, infotainment solutions, vehicle electronics, tires and engineering elastomers, the corporation contributes to enhanced driving safety and global climate protection. Continental is also a competent partner in networked automobile communication. The corporation currently employs approximately 150,000 people at more than 200 locations in 36 countries.

The Powertrain division within the automotive supplier Continental AG integrates innovative and efficient system solutions throughout the drivetrain in vehicles. This boosts performance and enhances riding comfort while reducing consumption and emissions. As partner to the automotive industry, the division develops and produces a wide-ranging product portfolio at over sixty locations worldwide, beginning with gas and diesel injection systems and engine and transmission controls and extending through to components and systems for hybrid drives. Based on fiscal 2006 the Division posted sales of around EUR 5 billion with a workforce of approximately 31,000 at present.