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The board of directors resolved to issue the unsecured bonds
From:FENC
SEQ_NO 9       Date of announcement  2010/3/24 Time of announcement

 17:13:27

Subject

The board of directors resolved to issue theunsecured bonds

Date of events 2010/3/24 To which item it meets article 2 paragraph 11
Statement

1.Date of the board of directors resolution:2010/03/24

2.Name 【__nth issue of (secured, unsecured) corporate bonds of ___ Co.】:The unsecured bonds
of Far Eastern New Century Co. Ltd.

3.Total amount of the issue:Less than TWD 6 billion

4.Face value:TWD 1 million or integral multiples of TWD 1 million.

5.Issue price:The bonds will be issued at face value.

6.Issue period:Up to 5 years

7.Issue coupon/interest rate:Depending on the bond market, the Boardauthorized the Chairman
to approve.

8.Types, names, monetary amounts of security or collateral and stipulationsthereupon:Nil

9.Use of the funds raised by the offering and utilization plan:To repay bank short loans, and to
trengthen finance structure.

10.Underwriting method:not issue to public.

11.Trustees for the bonds:the Board authorized the Chairman to approve.

12.Underwriter or distributing agent institution:NA

13.Guarantor(s) for the issue:Nil

14.Institution serving as agent for payment of the principal and interest:
Far Eastern International Bank

15.Certifying institution:Nil

16.Where convertible into shares, the rules for conversion:NA

17.Resale conditions:NA

18.Repurchase conditions:NA

19.The record date for share conversion, if conversion, exchange, orsubscription rights are
attached:NA

20.Possible dilution of equity, if conversion, exchange, or subscriptionrights are attached:NA

21.Any other matters that need to be specified:Nil

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