The Board of Cathay Financial Holdings approved the financial statements for the 3 months ended March 31, 2007.

2007-04-27

1.Date of occurrence of the event:2007/04/27 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 3 months of 2007, the net income of Cathay Financial Holdings was NT$10,001.64 million, and EPS was NT$1.09 / per share. The consolidated net revenues of Cathay Financial Holdings and its subsidiaries was NT$24,828.95 million, the consolidated net income (including Minority interest ) was NT$10,060.10 million, the consolidated EPS was NT$1.10/ per share, and the consolidated total assets was NT$3,533,844.26 million. 6.Countermeasures:None 7.Any other matters that need to be specified:None