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June 29, 2007

To announce change of President of the Company
  1. Date of the board of directors’ resolution: 2007/06/29
  2. Name and resume of the replaced chairman or president: Her, Chang-Ming,
    President of FFHC
  3. Name and resume of the new chairman or president: Ma, Wei-Chien, Chairman of Fuhwa Securities Finance
  4. Reason for the change: Change in position
  5. Effective date of the new appointment: To be effective as from the date of approval by the competent authority
  6. Any other matters that need to be specified: None




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