Cathay Financial Holdings,on behalf of Cathay United Bank Ltd, announce to sell Non Performing Loans by auction

2006-12-18

1.Date of occurrence of the event:2006/12/18 2.Company name:Cathay United Bank Ltd 3.Relationship to the Company (please enter ”head office” or ”affiliate company”):Affiliated company 4.Reciprocal shareholding ratios:100% 5.Cause of occurrence:Sell Non Performing Loans around NT$252.64 million by auction 6.Countermeasures:N/A 7.Any other matters that need to be specified:Non secured