Announced by Cathay Financial Holdings, on behalf of Cathay Capital Management Co., Ltd., the important resolutions by the board of directors.

2006-04-28

1.Date of the shareholders' meeting:2006/04/27 2.Important resolutions:A.Endorsement of 2005's Operation report, B.endorsement of 2005's financial statements C.endorsement of 2005's earning distribution plan. 3.Endorsement of the annual financial statements (indicate ¡§yes¡¨ or ¡§no¡¨):yes 4.Any other matters that need to be specified:none