Announced by Cathay Financial Holdings on behalf of Cathay United Bank, the Board resolved its Financial results of Dec.31, 2005.

2006-02-10

1.Date of occurrence of the event:2006/02/10 2.Name of the company:Cathay United Bank 3.Relationship to the company (listed company or affiliated company) : Affiliated company 4.The shareholding ratios of mutual holding: Cathay United Bank is 100% owned by Cathay Financial Holdings. 5.Cause of occurrence: The board meeting of Cathay United Bank was held in the morning of 2006/02/10. The board resolved the company's Financial results of Dec.31, 2005. The operating revenue of Cathay United Bank is NT$48,886 million with NT$423 million impairment loss, NT$3,853 million net income after tax and NT$0.83 EPS after tax. 6.Countermeasures: None 7.Any other matters that need to be specified: None