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Greenville, South Carolina (June 28, 2006) - KEMET Corporation (NYSE:KEM) will hold its Annual Shareholders’ Meeting on July 26, 2006 at 10:30 a.m. ET, at the Palmetto Expo Center, One Exposition Avenue, Room 102-C, Greenville, South Carolina. The meeting will also be broadcast over the internet and can be accessed at http://www.kemet.com/ir. A replay of the meeting will be available until August 9, 2006, through the same link.

On July 26, 2006, at 8:00 a.m. ET, the Company will release earnings for the June 2006 quarter and will hold a conference call to discuss the earnings release at 9:00 a.m. ET on that date. The call will last approximately one hour. After an initial presentation, questions will be taken as time permits.

To access the call via telephone, participants in the United States should dial 1-800-416-8033, and participants outside the United States should dial 1-706-643-0979. Participants should reference "KEMET Corporation" and the Conference ID # 2478028. In conjunction with the conference call, there will be a simultaneous live broadcast over the internet, which can be accessed at http://www.kemet.com/ir. A replay of the conference call will be available until midnight, August 9, 2006, through the same link.

KEMET Corporation is a preferred supplier of standardized components to the world's most demanding customers of quality, delivery, and service. KEMET's common stock is listed on the New York Stock Exchange under the symbol KEM.

At the Investor Relations section of the Company’s web site at http://www.kemet.com/ir, users can subscribe to KEMET news releases and can find additional Company information.

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