Announced by CFH on behalf of CL, acquisition of real property.

2007-06-22

1.Name and nature of the subject matter (e.g.land located at Sublot XX, Lot XX, North District, Taichung City):Land:No.170, Mayuantou Section ,West District, Taichung City Buildings:No. 423, Sec. 1, Taichung Port Rd., Taichung City 2.Date of the occurrence of the event:2007/06/22 3.Transaction volume (e.g.XX square meters, equivalent to XX p'ing), unit price, total transaction price:Total area of land used:3,151 square meters( 953.18 p'ing) Total area of building used:43,257.25 square meters (13,085.32 p'ing)Total transaction price: NT$1.3865 billion, Unit price: 4.Counterparty to the trade and its relationship with the company (if the trading counterpart is a natural person and is not an actual related party of the Company, the name of the trading counterpart is not required to be disclosed):Chang Sin Development Co.,Ltd., a unrelated person of the company 5.Where the counterpart to the trade is an actual related party, a public announcement shall also include the reason for choosing the related party as trading counterpart and the identity of the previous owner (including its relationship with the company and the trading counterpart), price of transfer and the date of acquisition:N/A 6.Where a person who owned the property within the past five years has been an actual related person of the company, a public announcement shall also include the dates and prices of acquisition and disposal by the related person and the person’s relationship to the company at those times:N/A 7.Anticipated loss or profit from the disposal (not applicable in cases of acquisition of assets) (where originally deferred, the status or recognition shall be stated and explained):N/A 8.Terms of delivery or payment (including payment period and monetary amount):(1) Registration of ownership transfering: NT$1.24785 billion (90% of total price)(2) Hand over the real property:NT$0.13865 billion (10% of total price) 9.The manner of deciding on this transaction (such as tender invitation , price comparison, or price negotiation), the reference basis for the decision on price and the decision-making department:(a)Refer to the market price and the appraisal of real estate appraisal company(b) Professional domain appraisal report(c)Board of Directors 10.Name of the professional appraisal institution and its appraisal amount:(a) Elite Appraisers Firm, Appraisal amount: NT$1.412 billion (b)Top Real Estate Appraisal Agent Consultants Group, Appraisal amount: NT$1.471 billion 11.Reason for any significant discrepancy with the transaction amount, and opinion of the certifying CPA:N/A 12.Is the appraisal report price a limited price or specific price?:None 13.Has an appraisal report not yet been obtained?:None 14.Reason an appraisal report has not yet been obtained:N/A 15.Broker and broker's fee:Mr.Lin etc. 5 persons, NT$5.546 million 16.Concrete purpose or use of the acquisition or disposition:According Insurance Law ,it is for real estate investment. 17.Do the directors have any objection to the present transaction?:None 18.Any other matters that need to be specified:N/A