Taiwan Greater China Fund Announces Annual Meeting Date

NEW YORK, NY, May 27 (MARKET WIRE) --
The Taiwan Greater China Fund (NYSE: TFC), a diversified closed-end
registered investment company listed on the New York Stock Exchange (the
"Fund"), announced today that its Board of Trustees has established the
date for the Fund's annual meeting of shareholders as Thursday, September
10, 2009, and has set the record date for the annual meeting as Monday,
July 13, 2009. The matters to be considered at the annual meeting are as
follows: (1) the election of directors; (2) a proposal to consider
whether to approve the conversion of the Fund from a closed-end
investment company into an open-end investment company; and (3) the
transaction of such other business as may properly come before the annual
meeting or any adjournment thereof. Details on the matters to be
considered will be provided in the Fund's proxy statement for the annual
meeting. A copy of the proxy materials for the annual meeting may be
obtained, when available after the record date, by contacting the Fund at
1-800-343-9567 or by accessing the Fund's website at
www.taiwangreaterchinafund.com.

The Taiwan Greater China Fund is listed and publicly traded in the United
States. The Fund is organized for investment in securities of Taiwan
issuers by non-Taiwan investors and follows an investment strategy of
primarily investing in Taiwan listed companies that derive or expect to
derive a significant portion of their revenues from operations in or
exports to mainland China.

Contacts:
Patricia Baronowski
The Altman Group
Investor Relations and Communications
1-800-343-9567
Website: www.taiwangreaterchinafund.com

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