Announced by Cathay Financial Holdings, on behalf of Cathay II Venture Capital Co., Ltd.,the Board approved its financial results of 2006

2007-04-29

1.Date of occurrence of the event:2007/04/27 2.Company name:Cathay II Venture Capital Co., Ltd. 3.Relationship to the Company (please enter ”head office” or ”affiliate company”):affiliate company 4.Reciprocal shareholding ratios:100% 5.Cause of occurrence:(1)The Board of Directors (exercising the duty and power of a shareholders' meeting)of Cathay II Venture Capital Co., Ltd. approved the recognition of the company's financial report of December 31, 2006, and no distribution of retained earnings. 6.Countermeasures:none 7.Any other matters that need to be specified:none