The announcement of the list of the 12th board directors and supervisors of Cathay United Bank, subsidiary of the company.

2007-06-15

1.Date of occurrence of the change:2007/06/15 2.Name and resume of the replaced person: title name resume Chairman Gregory K. H. Wang Chairman, Cathay United bank Vice Chairman Roger Lee Vice Chairman,Cathay United Bank Managing Director Loi Hoc Kim President, Hai Hwa Construction Group Managing Director Tsu Pei Chen Chief Executive Officer & President, Cathay United bank Director William C. W. Huang Chairman, Tai Long Industrial Co. Director Chung Tiong Tay Chairman, Philippine Communication Bank Director Irene Lee H I Group President & CEO Director Chan Boon Teong Chairman, Coastal Realty Group Ltd. Director Grace Chen Senior Executive Vice President, Cathay United Bank Director Shihchen Joseph Jao Senior Executive Vice President, Cathay United Bank Director Daniel Tung Senior Executive Vice President, Cathay United Bank Resident Supervisor Feng-Jung Tu Vice Chairman, Cathay Life Insurance Co. Supervisor Sheue-Yun Hu Executive Vice President, Taiwan Post Co., Ltd. Supervisor Chen, Hsien-Yi Chief Auditor of Lucky Bank 3.Name and resume of the replacement: title name resume Director Gregory K. H. Wang Chairman, Cathay United bank Director Roger Lee Vice Chairman,Cathay United Bank Independent Director Tsing-Yuan Hwang Director, Hon Hai Precision Industry Co., Ltd. Director Tsu Pei Chen Chief Executive Officer & President, Cathay United bank Director Tse-Cheng Lo President,Bank of Taiwan Director William C. W. Huang Chairman, Tai Long Industrial Co. Independent Director Hong Min-Houng Chairman, Panasonic Taiwan Co.,Ltd. Independent Director Andrew Ming-Jian Kuo Director, H&Q Asia Pacific (HK) Limited Director Irene Lee H I Group President & CEO Director Benjamin Ching President & CEO, LA Suerte Cigar E Cigarette Factory Director Chan Boon Teong Chairman, Coastal Realty Group Ltd. Director Shihchen Joseph Jao Senior Executive Vice President, Cathay United Bank Director Grace Chen Senior Executive Vice President, Cathay United Bank Director Daniel Tung Senior Executive Vice President, Cathay United Bank Director Peter Y.C. Lai Senior Executive Vice President, Cathay United Bank Supervisor Feng-Jung Tu Vice Chairman, Cathay Life Insurance Co. Supervisor Sheue-Yun Hu Executive Vice President, Taiwan Post Co., Ltd. Supervisor Kuo-Hsim Yeh Chairman, United National Bank 4.Reason for the change:The reappointment of the 12th board directors and supervisors. 5.Number of shares held by the new director or supervisor at the time of appointment: title name Number of shares held Director Gregory K. H. Wang 4,868,941,336 Director Roger Lee 4,868,941,336 Independent Director Tsing-Yuan Hwang 4,868,941,336 Director Tsu Pei Chen 4,868,941,336 Director Tse-Cheng Lo 4,868,941,336 Director William C. W. Huang 4,868,941,336 Independent Director Hong Min-Houng 4,868,941,336 Independent Director Andrew Ming-Jian Kuo 4,868,941,336 Director Irene Lee 4,868,941,336 Director Benjamin Ching 4,868,941,336 Director Chan Boon Teong 4,868,941,336 Director Shihchen Joseph Jao 4,868,941,336 Director Grace Chen 4,868,941,336 Director Daniel Tung 4,868,941,336 Director Peter Y.C. Lai 4,868,941,336 Supervisor Feng-Jung Tu 4,868,941,336 Supervisor Sheue-Yun Hu 4,868,941,336 Supervisor Kuo-Hsim Yeh 4,868,941,336 6.Original term (from __________ to __________):2004/06/03~2007/06/02 7.Effective date of the new appointment:2007/07/03 8.Rate of turnover of directors/supervisors of the same term:N. A. 9.Any other matters that need to be specified:None