Announce the adjustment of company's distributed - ratio of cash-dividend in year 94.

2006-06-23

1.Date of occurrence of the event:2006/06/22 2.Name of the company:Cathay Financial Holding Co.,Ltd.. 3.Relationship to the company (listed company or affiliated company):listed company 4.The shareholding ratios of mutual holding: (1) According to the resolution of the shareholder meeting through 94 year earnings distribution, NT$12,790,329,700 of cash dividend; distributing NT$1.5 per share. The board of directors is authorized upon the actual outstanding shares to determine the Record Date of ex-dividend to adjust the allocation ratio. (2)Between the end date of shareholders' meeting and the last conversion date of ECB, the outstanding shares increased to 8,564,648,083 shares. The adjustment of cash-dividend would be changed from NT$ 1.50 per share to NT$ 1.4933864855 per share. 5.Cause of occurrence:None 6.Countermeasures:None 7.Any other matters that need to be specified:None