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TSMC Shareholders Approve NT$3.0 Cash and 0.5% Stock Dividend


TSMC (NYSE: TSM) today held a shareholders’ meeting at which shareholders approved the distribution of a NT$3.0 cash dividend per common share and a 0.5 percent stock dividend (5 shares for every 1,000 owned).

TSMC Spokesperson and Vice President Ms. Lora Ho said other major conclusions of the shareholders’ meeting were as follows:

1. Shareholders approved the 2006 Business Report and Financial Statements. Consolidated revenue for 2006 totaled NT$317.4 billion and net income was NT$127 billion, with earnings per share of NT$4.92.

2. Shareholders approved revisions to the Articles of Incorporation to delete and/or revise references to Supervisors specified in TSMC’s Articles of Incorporation, as the Audit Committee has taken over the the duties of Supervisors starting from January 1, 2007 and the position of Supervisor has been terminated.


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