Explain media reporting

Subject: Explain media reporting

Date of events: 2015/12/23

Contents:

1.Date of occurrence of the event: 2015/12/23

2.Company name: Hon Hai Precision Ind. Co. Ltd

3.Relationship to the Company (please enter "head office" or

"subsidiaries"):head office

4.Name of the reporting media:

Economic Daily/Commercial Times

5.Content of the report:

(1) Hon Hai has doubled its offering to acquire Sharp with NT$135 billion.(2) It is reported that Hon Hai will spend ￥500 billion to acquire Sharp.

6.Countermeasures:

The company does not comment on media's speculation.