News

1.Date of occurrence of the event:2009/07/08

2.Method of the present increase (decrease) in investment: Investment in china through existing
off-shore investment company

3.Transaction volume, price per unit, and total monetary amount of the transaction: Transaction
volume:NA price per unit:NA total monetary amount of the transaction:USD12,000,000

4.Company name of the invested mainland Chinese company: Far Eastern Industries (Shanghai) Ltd.

5.Paid-in capital of said invested mainland Chinese company: USD231,300,000

6.Amount of new capital increment currently planned by said invested mainland Chinese company:
USD12,000,000

7.Main business items of said invested mainland Chinese company:Chemical fiber production

8.Type of CPA opinion issued for the financial statement of said invested mainland Chinese
company for the most recent fiscal year:Unquilfied Opinion.

9.Net worth of said invested mainland Chinese company on the financial statement for the most
recent fiscal year: RMB1,475,237,917.88

10.Amount of profit/loss of said invested mainland Chinese company on the financial statement for
the most recent fiscal year:(RMB111,607,231.72)

11.Amount of actual investment to date in said invested mainland Chinese company:USD105,710,540

12.Counterparty to the transaction and its relationship to the Company:NA

13.Where the counterparty to the transaction is an actual related party, public announcement shall
also be made of the reason for choosing the related party as the counterparty and the identity of the
previous owner (including its relationship with the company and the trading counterpart), the date of
transfer, and the price:NA

14.Where a person who owned the subject matter of the transaction within the past five years has
been an actual related party of the company, public announcement shall also be made of the dates and
prices of acquisition and disposal by the related party and such party's relationship to the company at
those times:NA

15.Gain (or loss) on disposal:NA

16.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants
in the contract, and other important stipulations:NA

17.The manner of deciding on this transaction, the reference basis for the decision on price and the
decision-making department:NA

18.Broker:NA

19.Concrete purpose of the acquisition or disposal: To increase the investment

20.Do the directors have any objection to the present transaction?: Nil

21.Total amount of mainland China area investment (including the present investment) approved by
the Investment Commission to date:USD276,131,956.76

22.Ratio of the total amount of investment (including the present investment) in the mainland China
area approved by the Investment Commission to date to the paid-in capital on the financial statement
for the most recent period:19.95%

23.Ratio of the total amount of investment (including the present investment) in the mainland China
area approved by the Investment Commission to date to the total assets on the financial statement for
the most recent period:3.39%

24.Ratio of the total amount of investment (including the present investment) in the mainland China
area approved by the Investment Commission to date to the shareholders’ equity on the financial
statement for the most recent period: 6.63%

25.Total amount of actual investment in the mainland China area to date:USD264,131,956.76

26.Ratio of the total amount of actual investment in the mainland China area to date to the paid-in
capital on the financial statement for the most recent period:19.08%

27.Ratio of the total amount of actual investment in the mainland China area to date to the total assets
on the financial statement for the most recent period:3.25%

28.Ratio of the total amount of actual investment in the mainland China area to date to the shareholders’
equity on the financial statement for the most recent period:6.34%

29.Amount of recognized profits and losses on investment in the mainland China area for the most
recent three fiscal years: 2006:TWD(951,706,000) 2007:TWD(641,778,000) 2008:TWD(1,380,655,000)

30.Amount of profit remitted back to Taiwan for the most recent three fiscal years:
2006:TWD0 2007:TWD0 2008:TWD0

31.Has the CPA issued an opinion on the unreasonableness of the price of the current transaction?:NO

32.Any other matters that need to be specified:NO