The announcement of resignation of Mr. Sheng-Yann Lii ,designated board director of our subsidiary of Cathay United Bank.

2006-12-19

1.Date of occurrence of the change:2006/12/19 2.Name and resume of the replaced person:Sheng-Yann Lii, President, The Export-Import Bank of the Republic of China 3.Name and resume of the replacement:none 4.Reason for the change:The change of position. 5.Number of shares held by the new director or supervisor at the time of appointment:none 6.Original term (from __________ to __________):2004/11/30~2007/06/02 7.Effective date of the new appointment:none 8.Rate of turnover of directors/supervisors of the same term:N. A. 9.Any other matters that need to be specified:none