Announced by Cathay Life Insurance Co., Ltd., the information related the Directors' and Officers' investments in China.

2006-07-26

1.Date of occurrence of the event:2006/07/26 2.Name of the company:Cathay Life Insurance Co., Ltd. 3.Relationship to the company (listed company or affiliated company):Listed company 4.The shareholding ratios of mutual holding:Not applicable. 5.Cause of occurrence:According to 2006/07/18 FSC No.0950120961 command. 6.Countermeasures:Submitting the proposal to release the above director and Officers from non-competition restrictions at the latest BOD. 7.Any other matters that need to be specified: (1)Cathay Life’s Director and Officers also work in Cathay Life(Shanghai): a.Name of Director and Officers: Chang Fa-te/Managing Director and Executive Vice President Title in Cathay Life(Shanghai):Director and President b.Name of Director and Officers: Chih-rong Kung /Senior Vice President Title in Cathay Life(Shanghai):Director and Executive Vice President c.Name of Director and Officers: Chuang Mao-chi/General Manager Title in Cathay Life(Shanghai):Assistant of President and President of JiangSu Branch. d.Name of Director and Officers: Wu Chun-hung/General Manager Title in Cathay Life(Shanghai):General Manager of Planning Dept. (2)Business Name: Cathay Life Insurance Company Limited-(Shanghai) (3)Address: 32F, Jin Mao Tower,88 Century Boulevard Pudong New Area, Shanghai 200121, China. (4)Business scope: a.Life Insurance, Health Insurance and Casualty Insurance. b.The reinsurance of above business. (5)Effect on Finance/Business: The 50% shares of Cathay Life(Shanghai) is owned by Cathay Life and its investment P/L recognized by Long-term Investments of Cathay Life. (6)The investing amount and shareholding ratio of Cathay Life's Director and Officers in Mainland China: None.