HTC Investors

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Board of Directors' resolution regarding to the adjusted budget for the office building construction plan in Taoyuan
1.Name and nature of the subject matter ( located at Sublot XX, Lot XX, North District, Taichung City):A parcel of land located at Dazhi Rd., Taoyuan City, Taoyuan County, inside the HTC Taoyuan headquarters.

2.Date of the occurrence of the event:2011/03/17

3.Transaction volume (e.g.XX square meters, equivalent to XX p'ing), unit price, total transaction price:
Transaction volume:36,483 pings
Unit price: The estimated average construction cost per ping is NTD 75,000.
Total transaction price: The adjusted budget for the construction is NTD 2.8 billion.

4.Counterparty to the trade and its relationship with the company (if the trading counterpart is a natural person and is not an actual related party of the Company, the name of the trading counterpart is not required to be disclosed):N/A

5.Where the counterpart to the trade is an actual related party, a public announcement shall also include the reason for choosing the related party as trading counterpart and the identity of the previous owner (including its relationship with the company and the trading counterpart), price of transfer and the date of acquisition:N/A

6.Where a person who owned the property within the past five years has been an actual related person of the company, a public announcement shall also include the dates and prices of acquisition and disposal by the related person and the person’s relationship to the company at those times:N/A

7.Anticipated loss or profit from the disposal (not applicable in cases of acquisition of assets) (where originally deferred, the status or recognition shall be stated and explained):N/A

8.Terms of delivery or payment (including payment period and monetary amount):The contracors will be decided according to the construction schedule. Payment will be made according to the progress of construction works and the contract.

9.The manner of deciding on this transaction (such as tender invitation, price comparison, or price negotiation), the reference basis for the decision on price and the decision-making department:The Board of Directors authorized the Chairperson to approve and execute the relevant details of the contract and construction plan within the adjusted investment budget of NTD 2.8 billion (tax excluded) and report the execution status to the Board of Directors upon completion.

10.Name of the professional appraisal institution and its appraisal amount:N/A

11.Reason for any significant discrepancy with the transaction amount, and opinion of the certifying CPA:N/A

12.Is the appraisal report price a limited price or specific price?:N/A

13.Has an appraisal report not yet been obtained?:N/A
14.Reason an appraisal report has not yet been obtained:N/A

15.Broker and broker's fee:N/A

16.Concrete purpose or use of the acquisition or disposition:Expansion of the factory and office space in Taoyuan.

17.Do the directors have any objection to the present transaction?:None

18.Any other matters that need to be specified:The Company announced the budget for the office building construction plan in Taoyuan, approved by the Board of Directors on October 29, 2010, was NTD 1.6 billion. Due to the revised design of the construction, the total budget is adjusted to NTD 2.8 billion.