The announcement of the change of the supervisor of Cathay United Commercial Bank, subsidiary of the company.

2004-02-06

1.Date of occurrence of the change:2004/02/06 2.Name and resume of the replaced person: title name resume Supervisor Vivien Hsu C.F.O., Cathay Financial Holdings 3.Name and resume of the replacement: title name resume Supervisor Shao-Chou Huang Vice President Administration Division Cathay Financial Holdings 4.Reason for the change:Reassignment of supervisor. 5.Number of shares held by the new director or supervisor at the time of appointment: title name Number of shares held Supervisor Shao-Chou Huang 4,318,240,663 6.Original term (From __________ to __________):2002/12/18~2004/05/21 7.Effective date of the new appointment:2004/02/06 8.Rate of change of directors/supervisors of the same term:N. A. 9.Any other matters that need to be specified:None