Announce the amendment to the contract appendix between Cathay Life Insurance Co. and the appointed construction company on Cathay Life's Land.

2006-10-18

1.Date of occurrence of the event:2006/10/18 2.Name of the company:Taisei Corporation Taipei Branch 3.Relationship to the company (listed company or affiliated company):none 4.The shareholding ratios of mutual holding: none 5.Cause of occurrence:Cathay Life Insurance Co., Ltd. had entered into construction contracts with Taisei Corporation Taipei Branch to construct the diaphragm wall located at Land No. 2、2-1, Hsin-Yi sec.4, Hsin-Yi District, Taipei. The contracts and their amounts shall be amended according to the actual implementation of the construction. 6.Countermeasures:The contracts and their amounts are amended on 2006/10/18 and the other contract terms are kept unchanged. The amounts of contracts shall be subtracted NT$25,579,854. 7.Any other matters that need to be specified:none