To clarify a media error

2004-08-10

1.Name of the reporting media:Economic Daily 2.Date of the report:2004/08/10 3.Content of the report:the story titled 〃Cathay Financial Holdings Earned NT$22.2 Billion Dollars For The First Seven Months Of The Year〃on page A4, August 10, 2004, Economic Daily. 4.Summary of the information provided by investors:none 5.Company's explanation of the reportage or provided information:On August 10, 2004,Economic Daily reported in its story titled ¨Cathay Financial Holdings Earned NT$22.2 Billion Dollars For The First Seven Months Of The Year〃 on page A4 that Cathay Financial Holdings had a NT$340 billion loss on securities investment in July. The actual figure should be a NT$34 million loss. 6.Countermeasures:none 7.Any other matters that need to be specified:none