CHANDLER, Ariz., July 13 -- Amkor Technology, Inc. (Nasdaq: AMKR) today announced that it has successfully completed its exchange offer (the "Exchange Offer") to exchange $250 million in aggregate principal amount of its 7 1/8% Senior Notes due 2011 (the "Exchange Notes") that have been registered under the Securities Act of 1933, as amended (the "Securities Act"), for the same principal amount of its outstanding unregistered 7 1/8% Senior Notes due 2011 (the "Original Notes"). The Original Notes were originally issued in a private placement in compliance with Rule 144A and Regulation S under the Securities Act.

The Exchange Offer expired, as scheduled, at 5:00 pm, New York City time, on July 6, 2004. All $250 million outstanding aggregate principal amount of the Original Notes were validly tendered and exchanged pursuant to the Exchange Offer. Wells Fargo Bank, National Association acted as the exchange agent for the Exchange Offer.

A Registration Statement describing the Exchange Offer was filed with the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the notes in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

For further information, please contact Jeffrey Luth, VP, Corporate Communications of Amkor Technology, Inc., +1-480-821-5000, ext. 5130, jluth@amkor.com.