Notice of AGM

Sunplus Board of Directors Proposes Appropriation for 2011 Losses

Issued on: 2012.04.27

Hsinchu Science Park, Taiwan, April 27th, 2012 - Sunplus Technology Co., Ltd. ("Sunplus" or "the Company") (TAIEX: 2401, LSE: SUPD) today held a meeting of the Board of Directors and Supervisors, at which the board adopted a proposal recommending appropriation for 2011 losses.

The net sales of Sunplus in 2011 were NT$3,600 million, and net losses after tax were NT$1,985 million. For the company had NT$24 million of accumulated deficit at the end of 2011, the BOD proposed to appropriate NT$24 million from legal reserve for 2011 losses. The proposal will be discussed and voted on at the company's annual shareholders' meeting scheduled on June 18th, 2012.

The 2012 Sunplus Annual Shareholders' Meeting will be held in Room 205 of Science Park Life Hub, No.1, Industrial East Road 2, Hsinchu Science Park, Taiwan at 9:00 AM, on Monday, June 18th, 2012. The brief summary is as follows:

I. Report Items:

(1) 2011 Business Report

(2) Supervisor's Report

(3) The Report on Impairment Loss of Assets

II. Acknowledgements:

(1) 2011 Business Report and Financial Statement

(2) Appropriation of 2011 Losses

III. Proposal & Discussions :

(1) To Amend the "Article of Incorporation"

(2) To Amend the "Procedures for the Acquisition or Disposal of Assets"

(3) To Amend the "Operational Procedures for Loaning Funds to Others"

(4) To Amend the "Procedure of Engaging in Derivatives Trading"

(5) To Issue Restricted Stocks

(6) To Elect New Directors and Supervisors for the 9th Term

(7) To Lift the Ban to Directors against Joining Competitors

About Sunplus

Sunplus Technology Co., Ltd., established in 1990, is a leading provider of multimedia IC solutions to home entertainment platforms for DVD players, Set-Top-Boxes, LCD TVs and Digital TVs and upcoming high definition home entertainment products such as BD players, HD Set-Top-Boxes and Full-HD Digital TVs. Sunplus multimedia ICs and system solutions enable customers to build digital home entertainment products with superior quality and performance. Sunplus is headquartered in Taiwan and has service offices in Hong Kong, Shanghai, Shenzhen and Chengdu. For more information, please visit Sunplus website at www.sunplus.com.

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Ann Lai

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