Clarify an article in Economic Daily's section 26 about Cathay Financial Holdings

2004-03-18

1.Name of the reporting media: Economic Daily 2.Date of the report:2004/03/18 3.Content of the report: On March 18th, there was an article in Economic Daily's section 26 reporting that Cathay Financial Holdings was expectedto have a net income over NT 30 billion this year. 4.Summary of the information provided by investors:N/A 5.Company's explanation of the reportage or provided information: We hereby make the announcement as follows: 1.The 2004 financial forecast is still under preparation. 2.So far Cathay Financial Holdings has not announced any statement on the 2004 financial forecast. Investors should make careful judgement on the information from the media. 6.Countermeasures:N/A 7.Any other matters that need to be specified:N/A