To announce, on behalf of Cathay Life Insurance Company,the plan to file for establishing Property & Casualty company in China.

2007-10-01

1.Date of occurrence of the event:2007/08/22 2.Company name:Cathay Life Insurance Company 3.Relationship to the Company (please enter ”head office” or ”affiliate company”):affiliate company 4.Reciprocal shareholding ratios:100% 5.Cause of occurrence:Cathay Life Insurance Company is planning to establish Property & Casualty company in China for further expansion on China’s property & casualty market. 6.Countermeasures:NA 7.Any other matters that need to be specified:NA