Profits Soared for Taiwan Stock Exchange in 2007

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Thu Apr 17, 2008 12:21am EDT

TAIPEI, Taiwan--(Business Wire)--
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.

College Hill
Anne Pang, +852 3791 2287 or +852 6141 2228
anne.pang@collegehill.com.hk
Grace Wong, +852 3791 2286 or +852 9806 5251
grace.wong@collegehill.com.hk

Copyright Business Wire 2008
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