Result of AGM

Subject: Announce the important resolutions of the shareholdings meeting of Cathay Financial Holdings

Date of events:2010/06/18

Contents:

1. Date of the shareholders' meeting:2010/06/18

2. Important resolutions:

(1)Accept the proposal for 2009 Final Statement

(2)Accept the proposal for earning distribution in 2009

(3)Approve the issuance of new shares for capital increase

(4)Approve the amendment for"the Articles of Incorporation"

(5)The forth-term directors Resolution as the following:

Dependent Directors:

Nominated by Pai Hsing Investmant Co.,Ltd., Hong-Tu Tsai;

Nominated by Pai Hsing Investmant Co.,Ltd.,Gregory K.H.Wang;

Nominated by Wan Ta Investmant Co.,Ltd.,Cheng-Ta Tsai;

Nominated by Chen-Sheng Industrial Co.,Ltd.,Cheng-Chiu Tsai;

Nominated by Wan Ta Investmant Co.,Ltd.,Tsu-Pei Chen;

Nominated by Pai Hsing Investmant Co.,Ltd.,Fa-Te Chang;

Nominated by Wan Ta Investmant Co.,Ltd.,Ming-Ho Hsiung;

Nominated by Wan Ta Investmant Co.,Ltd.,J.H.Hsu ;

Nominated by Cathay Life Employees' Welfare Committee,Chang-Ken Lee;

Nominated by Pai Hsing Investmant Co.,Ltd.,David P.Sun;

Independent Directors: Min-Houng Hong、Tsing-Yuan Hwang 、

Andrew Ming-Jian Kuo.

(6) Approval of releasing the duty of the board of directors from non-competition restrictions.

3. Endorsement of the annual financial statements (indicate "yes" or "no"): YES

4. Any other matters that need to be specified: NA