Date of announcement  2016/05/16 
Time of announcement  18:21:01 
Date of events  2016/05/16  
To which item it meets paragraph 6

Statement  
1.Date of the board of directors resolution or date of occurrence of the
  change:2016/05/16
2.Type of personnel (chairman or general manager):chairman.
3.Name and resume of the replaced personnel:Mu-Tsai Chen / Chairman,
China Development Financial Holding Corporation.
4.Name and resume of the new personnel:Chia-Juch Chang / Vice Chairman,
China Development Financial Holding Corporation;
Chairman, China Development Industrial Bank.
5.Type of the change (please enter: “resignation”, “conge”,
“tenure expired” ,“position adjustment”, “dismissal”, “retirement”,
“death” or “new appointment” ):tenure expired.
6.Reason for the change:elected by Board of Managing Directors.
7.Effective date of the new appointment:2016/05/16.
8.Any other matters that need to be specified:None.