The Board of Cathay Financial Holdings approved the financial statements for the 9 months ended Sep 30, 2006

2006-10-31

1.Date of occurrence of the event:2006/10/31 2.Company name:Cathay Financial Holdings 3.Relationship to the Company (please enter ”head office” or ”affiliate company”):head office 4.Reciprocal shareholding ratios:N/A 5.Cause of occurrence: For the first 9 months of 2006,the net income of Cathay Financial Holdings was NT$13,069.34 million, and EPS was NT$1.46 / per share.The consolidated net revenues of Cathay Financial Holdings and its subsidiaries was NT$61,680.23 million,the consolidated net income (including Minority interest ) was NT$13,196.47 million, the consolidated EPS was NT$1.47/ per share, and the consolidated total assets was NT$3,315,439.53 million. 6.Countermeasures:None 7.Any other matters that need to be specified:None