Cathay FHC annouces name and resume of directors and supervisor on behalf of 100% owned subsidiary, Cathay Securities Corp.

2004-04-26

1.Date of occurrence of the change:2004/04/23 2.Name and resume of the replaced person: N/A 3.Name and resume of the replacement: Directors： Rep. of Cathay FHC Wu C. M., former chairman of JF Taiwan Ltd. Rep. of Cathay FHC David Paul Sun, Senior Vice President of Cathay FHC Rep. of Cathay FHC Shan-Chih Liu, General Manager, Investor Relations Department of Cathay FHC Rep. of Cathay FHC Jen-Ho Chang, Special Assistant to Chairman of Cathay Life Insurance Company Rep. of Cathay FHC Lee H.Wu, former VP of En Trust Securities Supervisor: Rep. of Cathay FHC Smith Huang, Senior Vice President of Cathay FHC 4.Reason for the change: Newly established company 5.Number of shares held by the new director or supervisor at the time of appointment: 100% 6.Original term (From __________ to __________):2004/04/23~2007/04/22 7.Effective date of the new appointment:2004/04/23 8.Rate of change of directors/supervisors of the same term:N/A 9.Any other matters that need to be specified:All the directors and supervisors are appointed by he BOD of Cathay Financial Holding Company.