Announcement of the change of the accounting officer

2007-08-22

1.Type of personnel changed (please enter: spokesperson, acting spokesperson, financial officer, accounting officer, research and development officer, or internal audit officer):accounting officer 2.Date of occurrence of the change:2007/08/22 3.Name, title, and resume of the replaced person: Shao-Chou Huang,Senior Vice President of Cathay Financial Holdings 4.Name, title, and resume of the replacement: Da-Chin Hong,Assistant Vice President of Cathay Securities Corporation 5.Reason for the change:Position Change 6.Effective date:2007/08/22 7.Contact telephone number of the replacement:(02)27087698 8.Any other matters that need to be specified:None