Profits Soared for Taiwan Stock Exchange in 2007

Business Wire, April 17, 2008

TAIPEI, Taiwan -- Taiwan Stock Exchange Corporation ("TSEC") announced its annual results for the year 2007.

TSEC has implemented numerous measures and reforms that facilitate the development of the capital market and improve the service quality and efficiency of the securities market since Chairman Wu Rong-I assumed office in 2007. During the period, the exchange held numerous Taiwan Investment Forum overseas in order to attract foreign investment and expand the scale of the capital market. As a result, number of listed companies, listed ETFs and trading volume, new investor accounts and listing applications for warrants all reached record high.

TSEC's operational revenue in 2007 reached a record high of NT$5.23 billion, representing an increase of 24.06% from 2006. After-tax profits reached NT$2.98 billion. After tax earnings per share increased 77% from 2006 to reach NT$5.5.

TSEC's efforts in promoting the capital markets received recognition by the regulating authority. In light of its profits achieved in 2007, the authority approved the relaxation of TSEC's dividend policy. According to the proposal for earnings distribution approved by TSEC's board of directors on 15th April, a cash dividend of NT$1.25 and stock dividend of NT$0.25 will be distributed to each share, totaling NT$1.50 per share. The total dividend declared is NT$0.25 higher than that in 2006, in which NT$1 cash dividends and NT$0.25 stock dividends were distributed. The increased dividend is a breakthrough in contrast to the average dividend of NT$1.25 for the past 10 years.

About Taiwan Stock Exchange Corporation

Founded in 1961, TSEC works with the Financial Supervisory Commission (FSC) to regulate Taiwan's stock market, enhance market transparency and improve market infrastructure. It currently offers trading markets for stocks, warrants, Exchange-Traded Funds (ETFs), Taiwan Depository Receipts (TDRs) and corporate bonds.