HTC Investors

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HTC Board of Directors's resolution of Taipei R&D headquarters building total construction budget
1.Name and nature of the subject matter (e.g.land located at Sublot XX, Lot XX, North District, Taichung City):A parcel of land located at the intersection of Bao-Chung Rd. and Chung-Xing Rd., Xindian City, Taipei County

2.Date of the occurrence of the event:2009/09/14

3.Transaction volume (e.g.XX square meters, equivalent to XX p'ing), unit price, total transaction price:
Transaction volume: A foundation area of 2,525 pings with a total floor space of 27,905 pings
Unit price: The estimated average construction cost per ping is NTD 121,000.
Total transaction price: The estimated budget for the construction is NTD 3.38 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 Taipei R&D headquarter will have a foundation area of 2,525 pings, with a bulk ratio of 440% of the 1st story base of the building area, and a building coverage area ratio of 70%. The proposal is to build 17 aboveground floors, 6 underground floors, with a total floor space of 27,905 pings. The estimated budget for the construction is NTD 3.38 billion. The estimated average construction cost per ping is NTD 121,000. Construction is scheduled to begin on October 31, 2009 and be completed by August 31, 2011.

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 transaction was passed by the Board of Directors.

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:The construction of Taipei R&D headquarter building

17.Do the directors have any objection to the present transaction?:N/A

18.Any other matters that need to be specified:The contracors will be decided according to the construction schedule.