Yuan-Chiang: Company's Board of Directors Approves Loan to Subsidiary in Accordance with Article 22, Paragraph 1, Subparagraph 3 of the "Regulations Governing Loaning of Funds and Endorsements/Guarantees by Public Companies"

1. Date of occurrence of the event: 115/05/08 2. Recipient of the loan: (1) Company name: YC INOX TR Celik Sanayi ve Ticaret A.S. (2) Relationship with the company providing the loan: Our 100% owned subsidiary (3) Loan limit (NT$ thousands): 1,920,086 (4) Original loan balance (NT$ thousands): 315,570 (5) New loan amount (NT$ thousands): 631,140 (6) Is this a loan facility authorized by the Board of Directors for the Chairman to disburse in installments or revolve for the same borrower: Yes (7) Loan balance as of the date of occurrence (NT$ thousands): 946,710 (8) Reason for this new loan: Operational funding needs 3. Collateral provided by the recipient company: (1) Content: None (2) Value (NT$ thousands): 0 4. Recipient company's most recent financial statements: (1) Capital (NT$ thousands): 11,849,947 (2) Accumulated profit/loss (NT$ thousands): -2,901,314 5. Interest calculation method: Based on the US dollar 3-month TAIFX03 +2% on the business day prior to the loan date, adjusted every 3 months, or other interest rates agreed upon by both parties. 6. Repayment: (1) Conditions: The Chairman is authorized to disburse the loan in installments or revolve it when the subsidiary has actual needs, and agrees that the subsidiary may repay it in a lump sum or in installments, with principal and interest cleared together. (2) Date: Repayment within one year from the date of the first actual disbursement. 7. Loan balance as of the date of occurrence (NT$ thousands): 946,710 8. Ratio of loan balance to the net worth of the public company's most recent financial statements as of the date of occurrence: 9.86% 9. Source of funds loaned by the company to others: Parent company 10. Other matters that need to be specified: None Keywords: Material Information