BRIEF-SMIC's Indirect Unit To Sell 12.8% Stake In JCET

Reuters03-26

March 26 (Reuters) - Semiconductor Manufacturing International Corp :

* SAYS INDIRECT UNIT PLANS TO SELL 228,833,996 SHARES, OR 12.8% STAKE, IN JCET GROUP CO LTD FOR 6.6 BILLION YUAN ($914.36 million)

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($1 = 7.2182 Chinese yuan renminbi)

(Reporting by Beijing Newsroom)

((Ethan.Wang@thomsonreuters.com;))

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