HTC Investors

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Announced Board of Director approved the company to construct a new building on self-own land
1.Type of contract:Building construction 

2.Date of occurrence of the event: 2006/04/28 

3.Counterparty to the contract and relationship between it and the Company: 
PIN-HUEI CONSTRUCTION & ENGINEERING CO., LTD. 
No relationship with the Company 

4.Major content of the contract (including total contract amount, anticipated monetary amount of participation in the investment, and starting and ending dates of the contract), restrictive covenants, and other important stipulations: Board of Directors resolved the Company will sign a construction contract paying PIN-HUEI CONSTRUCTION & ENGINEERING CO., LTD. the sum of NT$933,750,000 to build a new office building on the Company's property. 

5.Name of the professional appraisal institution and its appraisal opinion (not applicable to mandating others to build on the Company's own land; also, the appraisal opinion should include an appraisal of the reasonableness of the contractual method of cooperation):N/A 

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

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

8.Has an appraisal report not yet been obtained?:N/A 

9.Reason an appraisal report has not yet been obtained:N/A 

10.Concrete purpose/objective of the acquisition: 
To build new plant and office 

11.Do the directors have any objection to the present transaction?:No 

12.Any other matters that need to be specified:No