Announcement of the impotant resolutions of the shareholders meeting of Cathay Financial Holdings

2007-06-15

1.Date of the shareholders' meeting:2007/06/15 2.Important resolutions: (1)Accept the proposal for 2006 Final Statement (2)Accept the proposal for earning distribution in 2006 (3)Approve the amendment for ”the Articles of Incorporation” (4)Approve the amendment for ”Regulations Governing the Acquisition or Disposition of Assets” (5)Approve the amendment for ”Election for the directors and auditors” (6)The third-term directors Resolution as the following: Dependent Directors: Nominated by Lin Yuan Investmant Co.,Ltd., Hong-tu Tsai; Nominated by Cathay United Bank Culture & Charity Foundation,Gregory K.H.Wang; Nominated by Lin Yuan Investmant Co.,Ltd.,Cheng-ta Tsai; Nominated by Lin Yuan Investmant Co.,Ltd.,Tseng-yu Tsai; Nominated by Lin Yuan Investmant Co.,Ltd.,Cheng-chiu Tsai; Nominated by Cathay United Bank Culture & Charity Foundation,Roger M.H. Lee; Nominated by Cathay Charity Foundation,Tiao-kuei Huang; Nominated by Cathay United Bank Culture & Charity Foundation,Tsu-pei Chen; Nominated by Cathay Charity Foundation,Fa-te Chang; Nominated by Cathay Charity Foundation,Ming-ho Hsiung. Independent Directors: Min-Houng Hong、Tsing-Yuan Hwang 、 Andrew Ming-Jian Kuo. (7)Approval of releasing the duty of the board of third-term directors from non-competition restrictions 3.Endorsement of the annual financial statements (indicate “yes” or “no”):yes 4.Any other matters that need to be specified:none