KEMET Names Graves President and Chief Executive Officer

GREENVILLE, S.C., March 25 /PRNewswire-FirstCall/ -- KEMET Corporation announces that Dr. Jeffrey Graves has been named President and Chief Executive Officer, effective immediately. Since his promotion to President and Chief Operating Officer in October 2002, Dr. Graves has led KEMET's senior management team in the development of a strategic plan for the next several years. Earlier Dr. Graves served as Vice President-Engineering and Technology, where his leadership significantly enhanced KEMET's research and development activities, resulting in an increased flow of innovative high- performance tantalum, ceramic, and aluminum capacitor solutions.

(Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20021024/CHTH006 )

David E. Maguire, who will remain KEMET Chairman, stated, "KEMET's Board of Directors and I are confident in Jeff's demonstrated ability to execute and his vision to build on KEMET's historical foundation of success in quality, delivery and service, while adapting to the evolving electronics marketplace. We are particularly pleased with Jeff's skill in managing the KEMET team, and are looking forward to KEMET's continued success as a leader in our industry."

KEMET Corporation provides industry leading, high performance capacitor solutions, including the world's most complete line of surface-mount capacitor technologies across tantalum, ceramic, and solid aluminum dielectrics, delivered with near perfect quality and on-time delivery to any customer location in the world. KEMET's common stock is listed on The New York Stock Exchange under the symbol KEM.

Contact: John R. Warner

Director of Investor and Public Relations

JohnWarner@KEMET.com

864-963-6640

CONTACT: John R. Warner, Director of Investor and Public Relations

of KEMET Corporation, +1-864-963-6640, or JohnWarner@KEMET.com

Web site: http://www.kemet.com/