The announcement of resignation of Mr.Shao-Chou Huang, designated Supervisor of our subsidiary of Cathay United Bank.

2004-04-23

1.Date of occurrence of the change:2004/04/23 2.Name and resume of the replaced person:Shao-Chou Huang Executive Vice President, Cathay Financial Holdings 3.Name and resume of the replacement:none 4.Reason for the change:personal reason 5.Number of shares held by the new director or supervisor at the time of appointment:none 6.Original term (From __________ to __________):2004/02/06~2004/05/21 7.Effective date of the new appointment:none 8.Rate of change of directors/supervisors of the same term:N. A. 9.Any other matters that need to be specified:none