News

1.Date of the board of directors resolution:2009/08/21

2.Name and title of the managerial officer with permission to engage in

competitive conduct:

President:Johnny Shih,  Chief Senior Executive Vice President:Shaw Y. Wang

Senior Executive Vice President:Y.H. Tseng, Eric Hu, Champion Lee

Chief Auditor:Raymond Hsu

Executive Vice President:

Humphrey Cheng, Beniamin Shih, David Wang, T. H. Liu, Fred Chu, K. S. Wu,

Donald Fan, Austin Lee, K. L. Ho

Senior Vice Presidnet:

Bill Yang, Mike Wu, Sandy Chiou, L. C. Chen, Steve Liu, T. H. Tsai,

Chuck Tseng, Dennis Tsai, Mingo A. Chen, Tony Liang

Manager:Hans Kuo

3.Items of competitive conduct in which the officer is permitted to engage:

To concurretly act as a managerial personnel of another company, or operate

any business which is the same as the Company's.

4.Period of permission to engage in the competitive conduct:

Within the period of serving as the managerial officers of the Company.

5.Circumstances of the resolution (please describe the results of the voting

under Article 32 of the Company Act):

Approved without dissent upon inquiry by the chair.

6.If the permitted competitive conduct is business of a mainland China area

enterprise, the name and title of the managerial officer (if it is not

business of a mainland China area enterprise, please enter ”not applicable”

below):

Senior Executive Vice President:Eric Hu, Champion Lee

Executive Vice President:Humphrey Cheng, Beniamin Shih, David Wang,

K. S. Wu, Donald Fan, Austin Lee, K. L. Ho

Senior Vice Presidnet:Bill Yang, Mike Wu, Steve Liu, T. H. Tsai,

Mingo A. Chen, Tony Liang

Manager:Hans Kuo

7.Company name of the mainland China area enterprise and the officer's

position in the enterprise:

Eric Hu:

Chairman of Far Eastern Industries (Suzhou) Ltd.,

Chairman of Far Eastern Spinning Weaving and Dyeing (Suzhou) Ltd.

Chairman of Far Eastern Industries (Wuxi) Ltd.

Chairman of Oriental Industries (Suzhou) Ltd.

Chairman of Far Eastern Apparel (Suzhou) Ltd.

Chairman of Suzhou An He Apparel Ltd.

Champion Lee:

Director of Far Eastern Industries (Shanghai) Ltd.

Humphrey Cheng:

Director of Far Eastern Industries (Shanghai) Ltd.

Director of Far Eastern Spinning Weaving and Dyeing (Suzhou) Ltd.

Director of Far Eastern Industries (Wuxi) Ltd.

Director of Oriental Industries (Suzhou) Ltd.

Director of Far Eastern Industries (Suzhou) Ltd.

Beniamin Shih:

Director of Far Eastern Industries (Wuxi) Ltd.

Director of Far Eastern Industries (Suzhou) Ltd.

Director of Far Eastern Spinning Weaving and Dyeing (Suzhou) Ltd.

David Wang:

Director of Far Eastern Spinning Weaving and Dyeing (Suzhou) Ltd.

Director of Far Eastern Industries (Wuxi) Ltd.

Director of Oriental Industries (Suzhou) Ltd.

Director of Far Eastern Industries (Suzhou) Ltd.

K. S. Wu:

Director of Far Eastern Industries (Shanghai) Ltd.

Donald Fan:

Director of Far Eastern Industries (Shanghai) Ltd.

President of Sino Belgium (Suzhou) Ltd.

Director of Wuhan Far Eastern New Material Ltd.

Austin Lee:

Director and Presidnet of Far Eastern Apparel (Suzhou) Ltd.

Director and Presidnet Suzhou An He Apparel Ltd.

K. L. Ho:

Director and Presidnet Far Eastern Spinning Weaving and Dyeing

(Suzhou) Ltd.

Bill Yang:

Director of Far Eastern Spinning Weaving and Dyeing (Suzhou) Ltd.

Director of Far Eastern Industries (Wuxi) Ltd.

Mike Wu:

Director of Far Eastern Apparel (Suzhou) Ltd.

Director of Far Eastern Industries (Jiujiang) Ltd.

Director of Suzhou An He Apparel Ltd.

Steve Liu:

Director of Oriental Industries (Suzhou) Ltd.

Director of Far Eastern Industries (Suzhou) Ltd.

Director of Far Eastern Apparel (Suzhou) Ltd.

Director of Far Eastern Spinning Weaving and Dyeing (Suzhou) Ltd.

Director of Suzhou An He Apparel Ltd.

T. H. Tsai:

Director of Oriental Industries (Suzhou) Ltd.

Mingo A. Chen:

Director of Far Eastern Industries (Wuxi) Ltd.

Tony Liang:

Director of Far Eastern Apparel (Suzhou) Ltd.

Hans Kuo:

Director of Far Eastern Apparel (Suzhou) Ltd.,

Director of Suzhou An He Apparel Ltd.

8.Address of the mainland China area enterprise:

Far Eastern Industries (Shanghai) Ltd.

No. 800, Dongfang Road, Pudong New Area, Shanghai, China

Oriental Industries (Suzhou) Ltd.

Yin ZhongS. Road HeDong Industry Park,WuZhong, China

Far Eastern Industries (Suzhou) Ltd.

6,Hengshan Road, New District Suzhou, Jiangsu, China

Far Eastern Apparel (Suzhou) Ltd.

Wuzhong District Economic Development Zone, Suzhou, China

Far Eastern Spinning Weaving and Dyeing (Suzhou) Ltd.

Yin ZhongS.Road HeDong Industry Park,WuZhong, China

Sino Belgium (Suzhou) Ltd.

6,Hengshan Road, New District Suzhou, Jiangsu, China

Suzhou An He Apparel Ltd.

Wuzhong District Economic Development Zone, Suzhou, China

Far Eastern Industries (Wuxi) Ltd.

WNDZ 89 Land, Wuxi, Jiangsu, China

Wuhan Far Eastern New Material Ltd.

Wuhan Economical Technical Development Zone, Wuhnan, China

Far Eastern Industries (Jiujiang) Ltd.

Jiujiang Economical Technical Development Zone, China

9.Business items of the mainland China area enterprise:

Far Eastern Industries (Shanghai) Ltd.:

Manufacture and distribution of PET, Chip ,PET Staple and PET Filament.

Wu-Han Far Eastern new material Ltd.:

Manufacture and distribution of PET, Chip ,PET preform and Tailoring.

Far Eastern Appreal (Suzhou) Ltd.:

Manufacture and distribution of knit garments ,woven garments ,non-knit

garments ,non-woven garments and accessories.

Far Eastern Dyeing & Finishing (Suzhu) Ltd.:

Manufacture and distribution of weaving ,dyeing & finishing of

novelty fabrics.

Far Eastern Industries (Wuxi) Ltd.:

Manufacture and distribution of poly/cotton blended yarn.

Oriental Industries (Suzhou) Ltd.:

Manufacture and distribution of PET performs and high-value

engineered textiles industrial woven fabrics and scraps.

Far Eastern Industries (Suhou) Ltd.:

Manufacture and distribution of polyester chips ,partially

oriented yarn ,fully oriented yarn and polyster yarn.

Far Eastern Industries (Jiu-jiang) Ltd.:

Manufacture and distribution of cotton yarn.

Sino Belgium (Suzhou) Ltd.:Brewery

Suzhou An He Apparel Ltd.:Garment production

10.Degree of effect on the Company's finances and business:NIL

11.If the managerial officer has invested in the mainland China area

enterprise, the monetary amount of the officer's investment and the

officer's shareholding ratio:NA

12.Any other matters that need to be specified:NIL