Announced by Cathay Financial Holdings, on behalf of Cathay Capital Management Inc. the Board resolved its financial results as of Mar. 31, 2008.

2008-04-28

1.Date of occurrence of the event:2008/04/28 2.Company name:Cathay Capital Management Inc. 3.Relationship to the Company (please enter ”head office” or ”affiliate company”):affiliated company 4.Reciprocal shareholding ratios:100% 5.Cause of occurrence:As of Mar. 31, 2008, the cummulative operating revenue of Cathay Capital Management Inc., was NT$ 15,085 thousand with NT$ 9,754 thousand net income and NT$ 9.75 after-tax EPS. 6.Countermeasures:None 7.Any other matters that need to be specified:None