<SEC-DOCUMENT>0001564590-18-001082.txt : 20180131
<SEC-HEADER>0001564590-18-001082.hdr.sgml : 20180131
<ACCEPTANCE-DATETIME>20180131060412
ACCESSION NUMBER:		0001564590-18-001082
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20180131
FILED AS OF DATE:		20180131
DATE AS OF CHANGE:		20180131

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CHUNGHWA TELECOM CO LTD
		CENTRAL INDEX KEY:			0001132924
		STANDARD INDUSTRIAL CLASSIFICATION:	RADIO TELEPHONE COMMUNICATIONS [4812]
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31731
		FILM NUMBER:		18560901

	BUSINESS ADDRESS:	
		STREET 1:		21 3 HSINYI RD SECTION 1
		STREET 2:		TAIPEI TAIWAN REPUBLIC OF CHINAA
		CITY:			TAIPEI TAIWAN
		STATE:			XX
		ZIP:			10048
		BUSINESS PHONE:		886223445488

	MAIL ADDRESS:	
		STREET 1:		21 3 HSINYI RD SECTION 1
		STREET 2:		TAIPEI TAIWAN REPUBLIC OF CHINA
		CITY:			TAIPEI TAIWAN
		STATE:			XX
		ZIP:			10048
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>cht-6k_20180131.htm
<DESCRIPTION>6-K
<TEXT>
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cht-6k_20180131.htm
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<p style="margin-bottom:0pt;margin-top:0pt;margin-left:8.81%;text-indent:0%;font-size:5pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><a name="FIS_FORM"></a><a name="&#67;&#104;&#101;&#99;&#107;&#50;"></a><a name="&#67;&#104;&#101;&#99;&#107;&#49;"></a>&#160;</p>
<p style="margin-bottom:0pt;margin-top:2pt;margin-left:8.81%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:8.81%;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">1934 Act Registration No.&#160;1-31731</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:8.81%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:8.81%;text-indent:0%;font-weight:bold;font-size:18pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">SECURITIES AND EXCHANGE COMMISSION</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:8.81%;text-indent:0%;font-family:Times New Roman;font-size:12pt;">Washington, DC 20549&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:8.81%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:8.81%;text-indent:0%;font-weight:bold;font-size:18pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">FORM&#160;6-K</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:8.81%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:8.81%;text-indent:0%;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">REPORT OF FOREIGN PRIVATE ISSUER<br />PURSUANT TO RULE 13a-16 OR 15d-16 OF<br />THE SECURITIES EXCHANGE ACT OF 1934</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:8.81%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:8.81%;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Dated January 31, 2018</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:8.81%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:8.81%;text-indent:0%;font-weight:bold;font-size:18pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Chunghwa Telecom Co.,&#160;Ltd.</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:8.81%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(Translation of Registrant&#8217;s Name into English)</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:8.81%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:8.81%;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">21-3 Hsinyi Road Sec. 1,</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:8.81%;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Taipei, Taiwan, 100 R.O.C.</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:8.81%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(Address of Principal Executive Office)</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:8.81%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:8.81%;text-indent:7.47%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(Indicate by check mark whether the registrant files or will file annual reports under cover of form 20-F or Form&#160;40-F.)</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:8.81%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:8.81%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><a name="Check2"></a><a name="Check1"></a><a name="Check2"></a>Form&#160;20-F<font style="font-weight:bold;font-size:11pt;font-family:'Times New Roman';">&#9746;</font><font style="font-weight:bold;font-size:11pt;font-family:Calibri;"></font>&nbsp;&nbsp;<a name="Check1"></a> Form&#160;40-F<font style="font-weight:bold;font-size:11pt;font-family:'Times New Roman';">&#9744;</font><font style="font-weight:bold;font-size:11pt;font-family:Calibri;"></font></p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:8.81%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:8.81%;text-indent:7.47%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule&#160;12g3-2(b)&#160;under the Securities Exchange Act of 1934.)</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:8.81%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:8.81%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Yes<font style="font-weight:bold;font-size:11pt;font-family:'Times New Roman';">&#9744;</font><font style="font-weight:bold;font-size:11pt;font-family:Calibri;"></font><font style="font-family:'Times New Roman';">&#9744;</font> No<font style="font-weight:bold;font-size:11pt;font-family:'Times New Roman';">&#9746;</font><font style="font-weight:bold;font-size:11pt;font-family:Calibri;"></font></p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:8.81%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:8.81%;text-indent:7.47%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(If &#8220;Yes&#8221; is marked, indicated below the file number assigned to the registrant in connection with Rule&#160;12g3-2(b): Not applicable )</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:8.81%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p>
<p style="margin-bottom:0pt;margin-top:2pt;margin-left:8.81%;text-indent:0%;font-size:5pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p>
<p style="margin-bottom:0pt;margin-top:4pt;margin-left:8.81%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p>
<p style="text-align:center;Background-color:#010101;margin-bottom:0pt;margin-top:8pt;line-height:2pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;"><a name="eolPage2"></a>&nbsp;</p>
<p style="text-align:center;margin-top:12pt;margin-bottom:10pt;text-indent:0%;font-size:10pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1</p>
<p style="margin-bottom:10pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;">&nbsp;</p>
<hr style="page-break-after:always;width:100%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:5.86%;text-indent:0%;font-family:Times New Roman;font-size:12pt;"><a name="FIS_SIGNATURES"></a>&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:5.86%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:5.86%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">SIGNATURE</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:5.86%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:5.86%;text-indent:3.74%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant Chunghwa Telecom Co.,&#160;Ltd. has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:5.86%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p>
<p style="margin-bottom:0pt;line-height:0pt;margin-top:0pt;margin-left:5.86%;text-indent:0%;font-family:Times New Roman;font-size:12pt;">&nbsp;</p>
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<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:467.8pt;;">
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<p style="margin-bottom:0pt;margin-top:0pt;margin-left:28.25pt;;margin-right:0.21%;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Date: January 31, 2018</p></td>
<td colspan="3" valign="top" >
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:28.25pt;;margin-right:0.21%;text-indent:0pt;;font-size:5pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;margin-left:28.25pt;;margin-right:0.21%;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;margin-left:28.25pt;;margin-right:0.21%;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;margin-left:28.25pt;;text-indent:0pt;;font-size:5pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;margin-right:0.42%;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Chunghwa Telecom Co.,&#160;Ltd.</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;margin-left:28.25pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;margin-left:28.25pt;;margin-right:0.21%;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;margin-left:28.25pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;margin-left:28.25pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;margin-left:28.25pt;;margin-right:0.21%;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;margin-left:28.25pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;margin-left:28.25pt;;text-indent:0pt;;font-size:5pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;margin-right:0.21%;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">By:</p></td>
<td colspan="2" valign="top"  style=" border-bottom:solid 1pt #000000;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:-17.15pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> &nbsp;&nbsp; /s/Shui-Yi Kuo</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;margin-left:28.25pt;;text-indent:0pt;;font-size:5pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;margin-right:0.62%;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Name: </p></td>
<td colspan="2" valign="top"  style=" border-top:solid 1pt #000000;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Shui-Yi Kuo</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;margin-left:28.25pt;;text-indent:0pt;;font-size:5pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;margin-right:0.42%;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Title:   Chief Financial Officer</p></td>
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<p style="margin-bottom:0pt;line-height:0pt;margin-top:0pt;margin-left:28.25pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;">&nbsp;</p></td>
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<p style="margin-bottom:0pt;line-height:0pt;margin-top:0pt;margin-left:28.25pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;">&nbsp;</p></td>
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<p style="margin-bottom:0pt;line-height:0pt;margin-top:0pt;margin-left:28.25pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;">&nbsp;</p></td>
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<p style="margin-bottom:0pt;line-height:0pt;margin-top:0pt;margin-left:28.25pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;">&nbsp;</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;margin-left:5.86%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:5.86%;text-indent:0%;font-family:Times New Roman;font-size:12pt;"><a name="A12_2554_16K_HTM_PB_2_143920_7056"></a>&nbsp;</p>
<p style="text-align:center;Background-color:#010101;margin-bottom:0pt;margin-top:8pt;line-height:2pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;"><a name="eolPage3"></a>&nbsp;</p>
<p style="text-align:center;margin-top:12pt;margin-bottom:10pt;text-indent:0%;font-size:10pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2</p>
<p style="margin-bottom:10pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;">&nbsp;</p>
<hr style="page-break-after:always;width:100%;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:4.41%;text-indent:0%;font-family:Times New Roman;font-size:12pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:4.41%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><a name="FIS_UNIDENTIFIED_TABLE"></a><a name="FIS_UNIDENTIFIED_TABLE"></a>&#160;</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:4.41%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Exhibit</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:4.41%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p>
<p style="margin-bottom:0pt;line-height:0pt;margin-top:0pt;margin-left:4.41%;text-indent:0%;font-family:Times New Roman;font-size:12pt;">&nbsp;</p>
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<p style="margin-bottom:0pt;margin-top:0pt;margin-left:21.25pt;;text-indent:0pt;;font-weight:bold;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Exhibit</p></td>
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<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:21.25pt;;text-indent:0pt;;font-weight:bold;font-size:5pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td>
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<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:21.25pt;;text-indent:0pt;;font-weight:bold;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Description</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;margin-left:21.25pt;;text-indent:0pt;;font-family:Times New Roman;font-size:12pt;">&nbsp;</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;margin-left:21.25pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;margin-left:21.25pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;margin-left:19.7pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">99.01</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;margin-left:19.7pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;</p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;margin-left:19.7pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Press release on 2018/01/31: Chunghwa Telecom Reports Un-Audited Consolidated Operating Results for the Fourth Quarter and Full Year of 2017</p></td>
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<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:8.81%;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:8.81%;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><a name="_AEIOULastRenderedPageBreakAEIOU2"></a><br /></p>
<p style="text-align:center;margin-top:12pt;margin-bottom:10pt;text-indent:0%;font-size:10pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">3</p>
<p style="margin-bottom:10pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;">&nbsp;</p>
<hr style="page-break-after:always;width:100%;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:8.81%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">EXHIBIT&#160;</font><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">99.</font><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0</font><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1</font></p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:12pt;font-family:Tw Cen MT;font-style:normal;text-transform:none;font-variant: normal;">Chunghwa Telecom Reports<font style="color:#000000;"> Un-Audited Consolidated Operating Results <br />for the Fourth Quarter and Full Year of 2017</font></p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-weight:bold;;font-size:12pt;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">TAIPEI, Taiwan, January 31, 2018 - Chunghwa Telecom Co., Ltd. (TAIEX: 2412, NYSE: CHT) (&#8220;Chunghwa&#8221; or &#8220;the Company&#8221;) today reported its un-audited operating results for the fourth quarter and full year of 2017. All figures were prepared in accordanc<font style="color:#000000;">e with Taiwan-International Financial Reporting Standards (&#8220;T-IFRSs&#8221;) on a consolidated basis.</font></p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-style:italic;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;text-transform:none;font-variant: normal;">(Comparisons throughout the press release, unless otherwise stated, are made with regard to the prior year period.)</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:12pt;font-family:Tw Cen MT;font-style:normal;text-transform:none;font-variant: normal;">Fourth Quarter 2017 Financial Highlights</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Arial;font-size:12pt;">&nbsp;</p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">-</font></p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Arial;font-size:12pt;"><font style="font-family:Tw Cen MT;">Total revenue increased by 4.4% to NT$60.92 billion</font></p></td></tr></table></div>
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<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
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<td valign="top" style="width:4.51%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Arial;font-size:12pt;">&nbsp;</p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">-</font></p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Arial;font-size:12pt;"><font style="font-family:Tw Cen MT;">Mobile communications revenue increased by 2.1% to NT$28.97 billion </font></p></td></tr></table></div>
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<tr>
<td valign="top" style="width:11.21%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Courier New;font-size:12pt;">&nbsp;</p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-size:12pt;font-family:Courier New;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-size:12pt;font-family:Courier New;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">o</font></p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Courier New;font-size:12pt;"><font style="font-family:Tw Cen MT;">Mob</font><font style="text-decoration:underline;font-family:Tw Cen MT;">i</font><font style="font-family:Tw Cen MT;">le value-added services (VAS) revenue increased by 4.2% to NT$10.91 billion, with mobile Internet revenue, the largest contributor to VAS revenue, increasing by </font><font style="color:#000000;font-family:Tw Cen MT;">5.1%</font></p></td></tr></table></div>
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<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:11.21%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Courier New;font-size:12pt;">&nbsp;</p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-size:12pt;font-family:Courier New;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-size:12pt;font-family:Courier New;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">o</font></p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Courier New;font-size:12pt;"><font style="color:#000000;font-family:Tw Cen MT;">Mobile voice revenue decreased by 13.9% to NT$ 7.66 billion</font></p></td></tr></table></div>
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<tr>
<td valign="top" style="width:11.21%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Courier New;font-size:12pt;">&nbsp;</p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-size:12pt;font-family:Courier New;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-size:12pt;font-family:Courier New;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">o</font></p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Courier New;font-size:12pt;"><font style="font-family:Tw Cen MT;">Smart device sales revenue increased by 14.3% to NT$9.97 billion</font></p></td></tr></table></div>
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<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:4.51%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Arial;font-size:12pt;">&nbsp;</p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">-</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Arial;font-size:12pt;"><font style="font-family:Tw Cen MT;">Internet revenue increased by 2.4% to NT$7.75 billion</font></p></td></tr></table></div>
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<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:4.51%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Arial;font-size:12pt;">&nbsp;</p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">-</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Arial;font-size:12pt;"><font style="font-family:Tw Cen MT;">Domestic fixed communications revenue increased by 10.9% to NT$19.62 billion </font></p></td></tr></table></div>
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<tr>
<td valign="top" style="width:4.51%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Arial;font-size:12pt;">&nbsp;</p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">-</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Arial;font-size:12pt;"><font style="font-family:Tw Cen MT;">International fixed communications revenue decreased by 0.3% to NT$3.55 billion</font></p></td></tr></table></div>
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<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:4.51%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Arial;font-size:12pt;">&nbsp;</p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">-</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Arial;font-size:12pt;"><font style="font-family:Tw Cen MT;">Total operating costs and expenses increased by 5.2% to NT$50.40 billion</font></p></td></tr></table></div>
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<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:4.51%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Arial;font-size:12pt;">&nbsp;</p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">-</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Arial;font-size:12pt;"><font style="font-family:Tw Cen MT;">Net income attributable to stockholders of the parent increased by 11.7% to NT$8.67 billion </font></p></td></tr></table></div>
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<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:4.53%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:12pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Arial;font-size:12pt;">&nbsp;</p></td>
<td valign="top" style="width:3.7%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:12pt;margin-top:0pt;font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">-</font></p></td>
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<p style="text-align:justify;margin-bottom:12pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Arial;font-size:12pt;"><font style="font-family:Tw Cen MT;">Basic earnings per share (EPS) was NT$1.12</font></p></td></tr></table></div>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;color:#000000;font-size:12pt;font-family:Tw Cen MT;font-style:normal;text-transform:none;font-variant: normal;">Full Year 2017 Financial Highlights</p>
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<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
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<td valign="top" style="width:4.51%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Arial;font-size:12pt;">&nbsp;</p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="color:#000000;font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">-</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Arial;font-size:12pt;"><font style="font-family:Tw Cen MT;">Total revenue decreased by 1.1% to NT$227.55 billion</font><font style="font-family:Tw Cen MT;color:#000000;">&#160;&#160; </font></p></td></tr></table></div>
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<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:4.51%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Arial;font-size:12pt;">&nbsp;</p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="color:#000000;font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">-</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Arial;font-size:12pt;"><font style="font-family:Tw Cen MT;">Mobile communications revenue decreased by 1.3% to NT$109.38 billion </font></p></td></tr></table></div>
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<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:11.21%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Courier New;font-size:12pt;">&nbsp;</p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-size:12pt;font-family:Courier New;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="color:#000000;font-size:12pt;font-family:Courier New;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">o</font></p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Courier New;font-size:12pt;"><font style="font-family:Tw Cen MT;">Mobile VAS revenue increased by 4.2% to NT$43.22 billion </font></p></td></tr></table></div>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Courier New;font-size:12pt;">&nbsp;</p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-size:12pt;font-family:Courier New;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="color:#000000;font-size:12pt;font-family:Courier New;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">o</font></p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Courier New;font-size:12pt;"><font style="font-family:Tw Cen MT;">Mobile voice revenue decreased by 12.6% to NT$32.60 billion</font></p></td></tr></table></div>
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<tr>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Courier New;font-size:12pt;">&nbsp;</p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-size:12pt;font-family:Courier New;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="color:#000000;font-size:12pt;font-family:Courier New;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">o</font></p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Courier New;font-size:12pt;"><font style="font-family:Tw Cen MT;">Smart device sales revenue increased by 4.4% to NT$32.20 billion</font></p></td></tr></table></div>
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<tr>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Arial;font-size:12pt;">&nbsp;</p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="color:#000000;font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">-</font></p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Arial;font-size:12pt;"><font style="font-family:Tw Cen MT;">Internet revenue increased by 3.6% to NT$28.93 billion </font></p></td></tr></table></div>
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<tr>
<td valign="top" style="width:11.21%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Courier New;font-size:12pt;">&nbsp;</p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-size:12pt;font-family:Courier New;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="color:#000000;font-size:12pt;font-family:Courier New;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">o</font></p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Courier New;font-size:12pt;"><font style="font-family:Tw Cen MT;">Application VAS revenue increased by 5.9% to NT$5.44 billion</font></p></td></tr></table></div>
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<tr>
<td valign="top" style="width:4.51%;white-space:nowrap">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Arial;font-size:12pt;">&nbsp;</p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="color:#000000;font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">-</font></p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Arial;font-size:12pt;"><font style="font-family:Tw Cen MT;">Domestic fixed communications revenue decreased by 1.9% to NT$71.16 billion </font></p></td></tr></table></div>
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<tr>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Arial;font-size:12pt;">&nbsp;</p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="color:#000000;font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">-</font></p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Arial;font-size:12pt;"><font style="font-family:Tw Cen MT;">International fixed communications revenue decreased by 8.9% to NT$13.55 billion</font></p></td></tr></table></div>
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<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
<tr>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Arial;font-size:12pt;">&nbsp;</p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="color:#000000;font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">-</font></p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Arial;font-size:12pt;"><font style="font-family:Tw Cen MT;">Total operating costs and expenses decreased by 0.4% to NT$180.73 billion </font></p></td></tr></table></div>
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<tr>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Arial;font-size:12pt;">&nbsp;</p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="color:#000000;font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">-</font></p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Arial;font-size:12pt;"><font style="font-family:Tw Cen MT;">Net income attributable to stockholders of the parent decreased by 3.0% to NT$38.86 billion</font><font style="font-family:Tw Cen MT;color:#000000;"> </font></p></td></tr></table></div>
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<table border="0" cellspacing="0" cellpadding="0"  style="border-collapse:collapse; width:100%;">
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Arial;font-size:12pt;">&nbsp;</p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="color:#000000;font-size:12pt;font-family:Arial;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">-</font></p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;color:#000000;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Arial;font-size:12pt;"><font style="font-family:Tw Cen MT;">Basic EPS was NT$5.01</font></p></td></tr></table></div>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;color:#FF0000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><a name="_AEIOULastRenderedPageBreakAEIOU3"></a>Mr. Yu Cheng, Chairman and CEO of Chunghwa Telecom, stated, &#8220;We are pleased to report another quarter of solid financial and operating performance, rounding out a strong 2017, during which our full year income from operation, net income and EBITDA exceeded guidance. Our solid market leading position is underscored by a 36.6% market share in mobile subscribers and a 37.2% market share in mobile revenue. At the same time, we maintained the lowest churn rate and the lowest decline </p>
<p style="text-align:center;margin-top:12pt;margin-bottom:10pt;text-indent:0%;font-size:10pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">4</p>
<p style="margin-bottom:10pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;">&nbsp;</p>
<hr style="page-break-after:always;width:100%;">
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">of mobile service revenue among our peers despite an increasingly competitive landscape.&#8221;</font></p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#8220;We are also pleased with solid progress in our other segments. The number of users signing up for, or upgrading to, connection speeds of 100Mbps or higher grew by 9.5% year over year to 1.28 million in the fourth quarter as a result of broadband subscribers consistently migrating to our higher-speed, higher-value fiber services. Furthermore, our IPTV subscribers exceeded 1.6 million in the fourth quarter of 2017, representing a 20.3% increase year over year, driving a 15.7% year-over-year growth in IPTV revenue, which was also helped by the healthy growth of SVOD subscribers.</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#8220;Going forward, we remain focused on margin expansion and will continue to guide mobile subscribers toward higher-end plans and encourage our broadband subscribers to migrate to higher-speed services. We are confident in our ability to carry our strong growth momentum into 2018 and, with our competitive advantages in network infrastructure, IDC, and CDN, we will be able to further consolidate our market leading position.&#8221; Mr. Cheng concluded.</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;color:#000000;font-size:12pt;font-family:Tw Cen MT;font-style:normal;text-transform:none;font-variant: normal;">Revenue</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Chunghwa Telecom&#8217;s total revenues for the fourth quarter of 2017 increased by 4.4% to NT$60.92 billion, which was comprised of 47.6% mobile, 12.7% internet, 32.2% domestic fixed, 5.8% international fixed, and 1.7% from other businesses. </p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Mobile communications revenue for the fourth quarter of 2017 increased by 2.1% to NT$28.97 billion. This was mainly due to the continued growth in mobile VAS revenue and smart device sales, which partially offset decrease of mobile voice revenue. The decline of mobile voice revenue was due to increased market competition and VoIP substitution.</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:6pt;margin-top:0pt;text-indent:0%;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Internet business revenue for the fourth quarter of 2017 increased by 2.4% year over year to NT$7.75 billion. <font style="color:#000000;">The increase was primarily attributable to higher Data Communication revenue and revenue from services provided to the government.</font></p>
<p style="text-align:justify;margin-bottom:6pt;margin-top:0pt;text-indent:0%;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Domestic fixed revenue for the fourth quarter of 2017 increased by 10.9% year over year to NT$19.62 billion, <font style="color:#000000;">primarily reflected by the increase of ICT project revenue, which offset the decrease of local and DLD service revenue that represented 6.9% and 7.7% decrease respectively due to increased </font>mobile and VoIP substitution. Broadband access revenue also decreased by 2.5% to NT$4.63 billion as a result of intense market competition.&#160; </p>
<p style="text-align:justify;margin-bottom:6pt;margin-top:0pt;text-indent:0%;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">International fixed revenue decreased by 0.3% to NT$3.55 billion, mainly due to <font style="color:#000000;">the decline of international long distance revenue, which resulted from increased market competition.</font></p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Total revenue for the full year of 2017 decreased by 1.1% year over year to NT$227.55 billion, which was comprised of 48.1% mobile, 12.7% Internet, 31.3% domestic fixed, 5.9% international fixed, and 2.0% other.</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;color:#000000;font-size:12pt;font-family:Tw Cen MT;font-style:normal;text-transform:none;font-variant: normal;">Operating Costs and Expenses </p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Total operating costs and expenses for the fourth quarter of 2017 increased by 5.2% year over year to <font style="color:#000000;">NT$50.40 billion</font>. </p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Total operating costs and expenses for 2017 decreased by 0.4% year over year to NT$180.73 billion, which was mainly due to lower interconnection expenses and depreciation, but partially offset by the increase in ICT project costs and cost of goods sold.</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;color:#000000;font-size:12pt;font-family:Tw Cen MT;font-style:normal;text-transform:none;font-variant: normal;">Operating Income and Net Income</p>
<p style="text-align:center;margin-top:12pt;margin-bottom:10pt;text-indent:0%;font-size:10pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">5</p>
<p style="margin-bottom:10pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;">&nbsp;</p>
<hr style="page-break-after:always;width:100%;">
<p style="text-align:justify;margin-bottom:6pt;margin-top:0pt;text-indent:0%;color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><a name="_AEIOULastRenderedPageBreakAEIOU4"></a><font style="color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Income from operations for the</font><font style="color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> fourth quarter of 201</font><font style="color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">7</font><font style="color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </font><font style="color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">in</font><font style="color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">creased by </font><font style="color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">5.1</font><font style="color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">% to NT$</font><font style="color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">10.46</font><font style="color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> billion. The operating margin was </font><font style="color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">17.2</font><font style="color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">%, compared to 1</font><font style="color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">7.1</font><font style="color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">% in the same period of 201</font><font style="color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">6</font><font style="color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">. Net income attributable to</font><font style="color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> stockhold</font><font style="color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">ers of the parent </font><font style="color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">in</font><font style="color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">creased by 1</font><font style="color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1.7</font><font style="color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">% to NT$</font><font style="color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">8.67</font><font style="color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> billion. Basic earnings per share was NT$1.</font><font style="color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">12</font><font style="color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">.</font><font style="color:#FF0000;"> </font></p>
<p style="text-align:justify;margin-bottom:6pt;margin-top:0pt;text-indent:0%;color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Income from operations for 2017 decreased by 2.9% to NT$46.73 billion. The operation margin was 20.5%, compared to 20.9% for 2016. Net income attributable to stockholders of the parent decreased by 3.0% to NT$38.86 billion. Basic earnings per share was NT$5.01.&nbsp;&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;color:#000000;font-size:12pt;font-family:Tw Cen MT;font-style:normal;text-transform:none;font-variant: normal;">Cash Flow and EBITDA</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Cash flow from operating activities for the fourth quarter of 2017 decreased by<font style="color:#FF0000;"> </font>20.8% to NT$25.09 billion. As of December <font style="color:#000000;">31<sup style="font-size:85%; vertical-align:top">st</sup></font>, 2017, the Company had cash and cash equivalents of NT$28.89 billion, representing a 7.1% year-over-year decrease.&#160; </p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">EBITDA for the fourth quarter of 2017 increased by 2.0% to NT$18.45 billion, and EBITDA margin was 30.3%, compared to 31.0% in the same period of 2016. EBITDA for 2017 decreased by 2.4% to NT$78.63 billion, and EBITDA margin was 34.6%, compared to 35.0% for 2016.</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;color:#000000;font-size:12pt;font-family:Tw Cen MT;font-style:normal;text-transform:none;font-variant: normal;">Capital Expenditure (&#8220;Capex&#8221;)</p>
<p style="text-align:justify;margin-bottom:6pt;margin-top:0pt;text-indent:0%;color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Total Capex for the fourth quarter of 2017 decreased by 7.1% to NT$10.42 billion, which was comprised of 46.1% domestic fixed communications, 37.0% mobile communications, 11.8% internet, 2.8% international fixed communications, and 2.3% from others.<font style="color:#FF0000;"> </font></p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:12pt;font-family:Tw Cen MT;font-style:normal;text-transform:none;font-variant: normal;">Business and Operational Highlights</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:12pt;font-family:Tw Cen MT;font-style:normal;text-transform:none;font-variant: normal;">Broadband/HiNet </p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:7.16%;text-indent:-3.74%;color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">**&nbsp;&nbsp;The Company continued to execute its strategy of encouraging FTTx migration. As of December 31<sup style="font-size:85%; vertical-align:top">st</sup>, 2017, the number of FTTx subscribers reached 3.55 million, accounting for 79.5% of the Company&#8217;s total broadband users. Moreover, the number of subscribers signing up for speeds of 100Mbps or higher increased by 9.5% to over 1.28 million.&#160;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:7.16%;text-indent:-3.74%;color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">**&nbsp;&nbsp;HiNet broadband subscribers decreased by 0.7% year over year, totaling 3.73 million as of December 31<sup style="font-size:85%; vertical-align:top">st</sup>, 2017.</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;color:#000000;font-size:12pt;font-family:Tw Cen MT;font-style:normal;text-transform:none;font-variant: normal;">Mobile </p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:7.16%;text-indent:-3.74%;color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">**&nbsp;&nbsp;As of December 31<sup style="font-size:85%; vertical-align:top">st</sup>, 2017, Chunghwa had 10.45 million mobile subscribers, representing a 3.1% year-over-year decrease. However, the Company&#8217;s mobile Internet subscribers increased by 7.2% year over year to 7.35 million. </p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:7.16%;text-indent:-3.74%;color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">**&nbsp;&nbsp;As of December 31<sup style="font-size:85%; vertical-align:top">st</sup>, 2017, the company accumulated 7.99 million 4G subscribers.</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;color:#000000;font-size:12pt;font-family:Tw Cen MT;font-style:normal;text-transform:none;font-variant: normal;">Fixed-line </p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:7.16%;text-indent:-3.74%;color:#000000;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">**&nbsp;&nbsp;The Company maintained its leading position in the fixed-line market, with a total of 10.69 million subscribers as of December 31<sup style="font-size:85%; vertical-align:top">st</sup>, 2017.</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:7.16%;text-indent:-3.74%;font-family:Times New Roman;font-size:12pt;">&nbsp;</p>
<p style="margin-bottom:6pt;margin-top:0pt;margin-right:17.64%;text-indent:0%;font-size:10pt;font-family:Tahoma;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(in NT$ billion)</p>
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<p style="text-align:center;margin-bottom:6pt;margin-top:6pt;line-height:12pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
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<p style="text-align:center;margin-bottom:6pt;margin-top:6pt;line-height:12pt;margin-left:0pt;;text-indent:0pt;;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2017</p></td>
<td colspan="2" valign="top"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:6pt;margin-top:6pt;line-height:12pt;margin-left:0pt;;text-indent:0pt;;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2016</p></td>
<td colspan="2" valign="top"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:6pt;margin-top:6pt;line-height:12pt;margin-left:0pt;;text-indent:0pt;;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">YoY%</p></td>
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<p style="margin-bottom:6pt;margin-top:6pt;line-height:12pt;margin-left:0pt;;text-indent:0pt;;font-family:Times New Roman;">&nbsp;</p></td>
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<p style="text-align:center;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Tahoma;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">4Q17</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Tahoma;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Jan.-Dec.</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Tahoma;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">4Q17</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Tahoma;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Jan.-Dec.</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Tahoma;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">4Q17</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:center;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Tahoma;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Jan.-Dec.</p></td>
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<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="margin-bottom:6pt;margin-top:6pt;line-height:12pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Revenue</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">60.92</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">227.55</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">58.33</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">229.99</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">4.4</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">-1.1</p></td>
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<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="margin-bottom:6pt;margin-top:6pt;line-height:12pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Operating costs and expenses</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">50.40</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">180.73</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">47.91</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">181.39</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">5.2</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">-0.4</p></td>
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<tr style="height:34.95pt;">
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="margin-bottom:6pt;margin-top:6pt;line-height:12pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Other income and expense (Note<font style="color:#000000;"> 1</font>)</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">-0.06</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">-0.09</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">-0.46</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">-0.49</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">87.6</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">81.5</p></td>
</tr></table></div>
<p style="text-align:center;margin-top:12pt;margin-bottom:10pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">6</p>
<p style="margin-bottom:10pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;">&nbsp;</p>
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<td style="width:56.7pt;"></td>
<td style="width:49.6pt;"></td>
<td style="width:63.8pt;"></td>
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<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="margin-bottom:6pt;margin-top:6pt;line-height:12pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><a name="_AEIOULastRenderedPageBreakAEIOU5"></a><font style="font-size:10pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Operating income</font></p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">10.46</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">46.73</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">9.96</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">48.11</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">5.1</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">-2.9</p></td>
</tr>
<tr>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="margin-bottom:6pt;margin-top:6pt;line-height:12pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Net income attributable to stockholders of the parent</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">8.67</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">38.86</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">7.76</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">40.07</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">11.7</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">-3.0</p></td>
</tr>
<tr>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="margin-bottom:6pt;margin-top:6pt;line-height:12pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">EBITDA</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">18.45</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">78.63</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">18.09</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">80.58</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2.0</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">-2.4</p></td>
</tr>
<tr>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="margin-bottom:6pt;margin-top:6pt;line-height:12pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">EPS(NT$)</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1.12</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">5.01</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1.00</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">5.16</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">11.7</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;">
<p style="text-align:right;margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">-3.0</p></td>
</tr>
</table></div>
<p style="margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:8.72%;text-indent:-7.57%;color:#000000;font-size:11pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Note 1: "Other income and expenses" includes gains (losses) on disposal of property, plant and equipment (PP&amp;E)&#160;and investment property, and impairment loss on PP&amp;E&#160;and investment property.</p>
<p style="margin-bottom:0pt;line-height:12pt;margin-top:0pt;margin-left:1.14%;text-indent:0%;color:#000000;font-size:11pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Note 2: The calculation of growth rates is based on NT$ thousand.</p>
<p style="text-align:justify;margin-bottom:6pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;color:#000000;font-size:12pt;font-family:Tw Cen MT;font-style:normal;text-transform:none;font-variant: normal;"><font style="text-decoration:underline;">2018 Guidance </font></p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">For 2018, the Company expects total revenue to increase by 1.7~2.4%, to NT$231.47~NT$232.97 billion as compared to the un-audited consolidated total revenue of 2017. Operating costs and expenses are expected to increase by 0.7%~1.9%, to NT$182.07~NT$184.24 billion as compared to the prior year.&#160;<font style="font-weight:bold;font-size:14pt;"> </font>Income from operations is expected to increase by 0.9%~8.8% to NT$47.17~NT$50.84 billion, year over year. Income before income tax and net income attributable to stockholders of the parent are expected to be NT$48.11~NT$51.89 billion and NT$37.25~NT$40.31billion, respectively<font style="font-weight:bold;font-size:14pt;">. </font>Basic earnings per share is expected to be NT$4.80~NT$5.20. Capex for the acquisition of property, plant and equipment in 2018 is expected to increase by NT$6.05 billion to NT$33.06 billion as compared to the prior year.</p>
<p style="text-align:justify;margin-bottom:6pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;">&nbsp;</p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;  margin-left:0.19%;width:95.71%;">
<tr>
<td style="width:33.66%;"></td>
<td style="width:18.65%;"></td>
<td style="width:18.27%;"></td>
<td style="width:13.01%;"></td>
<td style="width:16.8%;"></td>
</tr>
<tr style="height:42.65pt;">
<td valign="middle"  style=" border-top:solid 1pt #000000; border-bottom:solid 1pt #000000; border-left:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(NT$ billion except EPS)</p></td>
<td valign="middle"  style=" border-top:solid 1pt #000000; border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2018(E)</p></td>
<td valign="middle"  style=" border-top:solid 1pt #000000; border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2017<br /> (un-audited)</p></td>
<td valign="middle"  style=" border-top:solid 1pt #000000; border-bottom:solid 1pt #000000; border-left:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> change </p></td>
<td valign="middle"  style=" border-top:solid 1pt #000000; border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;">
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">YoY</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(%)</p></td>
</tr>
<tr style="height:23.7pt;">
<td valign="middle"  style=" border-top:solid 1pt #000000; border-bottom:solid 1pt #000000; border-left:solid 1pt #000000; border-right:solid 1pt #000000;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Revenue</p></td>
<td valign="middle"  style=" border-top:solid 1pt #000000; border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">231.47~232.97</p></td>
<td valign="middle"  style=" border-top:solid 1pt #000000; border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">227.55</p></td>
<td valign="middle"  style=" border-top:solid 1pt #000000; border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">3.92~5.42 </p></td>
<td valign="middle"  style=" border-top:solid 1pt #000000; border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1.7%~2.4%</p></td>
</tr>
<tr style="height:21.1pt;">
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-left:solid 1pt #000000; border-right:solid 1pt #000000;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Operating Costs and Expenses</p></td>
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">182.07~184.24</p></td>
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">180.73</p></td>
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1.34~3.51 </p></td>
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0.7%~1.9%</p></td>
</tr>
<tr style="height:21.1pt;">
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-left:solid 1pt #000000; border-right:solid 1pt #000000;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Other Income and Expense</p></td>
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(0.06)</p></td>
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(0.09)</p></td>
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0.03</p></td>
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">32.40%</p></td>
</tr>
<tr style="height:21.1pt;">
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-left:solid 1pt #000000; border-right:solid 1pt #000000;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Income from Operations</p></td>
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">47.17~50.84</p></td>
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">46.73</p></td>
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0.44~4.11</p></td>
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0.9%~8.8%</p></td>
</tr>
<tr style="height:21.1pt;">
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-left:solid 1pt #000000; border-right:solid 1pt #000000;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Non-operating Income</p></td>
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0.94~1.05 </p></td>
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1.30</p></td>
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(0.36)~(0.25)</p></td>
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(26.8%)~(19.2%)</p></td>
</tr>
<tr style="height:21.1pt;">
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-left:solid 1pt #000000; border-right:solid 1pt #000000;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Income before Income Tax</p></td>
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">48.11~51.89 </p></td>
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">48.03</p></td>
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0.08~3.86</p></td>
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0.2%~8.0%</p></td>
</tr>
<tr style="height:21.1pt;">
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-left:solid 1pt #000000; border-right:solid 1pt #000000;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Net Income Attributable to Stockholders of The Parent </p></td>
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">37.25~40.31 </p></td>
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <font style="font-family:Book Antiqua;font-size:11pt;">38.86</font></p></td>
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(1.61)~1.45</p></td>
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(4.1%)~3.7%</p></td>
</tr>
<tr style="height:21.1pt;">
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-left:solid 1pt #000000; border-right:solid 1pt #000000;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">EPS(NT$)</p></td>
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">4.80~5.20 </p></td>
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">5.01</p></td>
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(0.21)~0.19</p></td>
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(4.1%)~3.7%</p></td>
</tr>
<tr style="height:21.1pt;">
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-left:solid 1pt #000000; border-right:solid 1pt #000000;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">EBITDA</p></td>
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">79.11~82.79</p></td>
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">78.63</p></td>
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0.48~4.16</p></td>
<td valign="middle"  style=" border-bottom:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0.6%~5.3%</p></td>
</tr>
<tr style="height:21.1pt;">
<td valign="middle"  style=" border-bottom:solid 0.75pt #000000; border-left:solid 1pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">EBITDA Margin</p></td>
<td valign="middle"  style=" border-bottom:solid 0.75pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">34.2%~35.5%</p></td>
<td valign="middle"  style=" border-bottom:solid 0.75pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">34.6%</p></td>
<td valign="middle"  style=" border-bottom:solid 0.75pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(0.4%)~0.9%</p></td>
<td valign="middle"  style=" border-bottom:solid 0.75pt #000000; border-right:solid 1pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Book Antiqua;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#12288;</p></td>
</tr>
<tr style="height:21.1pt;">
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;white-space:nowrap;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Acquisition of Material Assets</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">33.15</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">27.01</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">6.14</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">22.8%</p></td>
</tr></table></div>
<p style="text-align:center;margin-top:12pt;margin-bottom:10pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">7</p>
<p style="margin-bottom:10pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:10pt;font-family:Times New Roman;">&nbsp;</p>
<hr style="page-break-after:always;width:100%;">
<div align="left">
<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;  margin-left:0.19%;width:95.71%;">
<tr>
<td style="width:33.66%;"></td>
<td style="width:18.65%;"></td>
<td style="width:18.27%;"></td>
<td style="width:13.01%;"></td>
<td style="width:16.8%;"></td>
</tr>
<tr style="height:21.1pt;">
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;white-space:nowrap;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:11pt;;text-indent:0pt;;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><a name="_AEIOULastRenderedPageBreakAEIOU6"></a><font style="font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Acquisition of Property, </font></p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:44pt;;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Plant and Equipment</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">33.06</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">27.01</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">6.05</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">22.4%</p></td>
</tr>
<tr style="height:21.1pt;">
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;white-space:nowrap;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Others</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0.09</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0.09</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100.0%</p></td>
</tr>
<tr style="height:21.1pt;">
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;white-space:nowrap;">
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Disposal of Material Assets</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">3.07</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">0.28</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2.79</p></td>
<td valign="middle"  style=" border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;white-space:nowrap;">
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-size:12pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1003.7%</p></td>
</tr>
</table></div>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:12pt;font-family:Tw Cen MT;font-style:normal;text-transform:none;font-variant: normal;">Financial Statements</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:6pt;text-indent:0%;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Financial statements and additional operational data can be found on the Company&#8217;s website at <font style="text-decoration:underline;">http://www.cht.com.tw/en/ir/stockit-earningsit.html</font>. </p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;color:#000000;font-size:10pt;font-family:Tw Cen MT;font-style:normal;text-transform:none;font-variant: normal;">NOTE CONCERNING FORWARD-LOOKING STATEMENTS</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;color:#000000;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">This press release contains forward-looking statements. These statements constitute &#8220;forward-looking&#8221; statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as &#8220;will,&#8221; &#8220;expects,&#8221; &#8220;anticipates,&#8221; &#8220;future,&#8221; &#8220;intends,&#8221; &#8220;plans,&#8221; &#8220;believes,&#8221; &#8220;estimates&#8221; and similar statements. Statements that are not historical facts, including statements about Chunghwa&#8217;s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Investors are cautioned that actual events and results could differ materially from those statements as a result of a number of factors including, but not limited to the risks outlined in Chunghwa&#8217;s filings with the U.S. Securities and Exchange Commission on Forms F-1, F-3, 6-K and 20-F, in each case as amended. The forward-looking statements in this press release reflect the current belief of Chunghwa as of the date of this press release and Chunghwa undertakes no obligation to update these forward-looking statements for events or circumstances that occur subsequent to such date, except as required under applicable law.</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;color:#000000;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;color:#000000;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">This press release is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the issuer or selling security holder and that will contain detailed information about the company and management, as well as financial statements.</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;color:#000000;font-size:10pt;font-family:Tw Cen MT;font-style:normal;text-transform:none;font-variant: normal;"><font style="Background-color:#FFFFFF;">NON-GAAP FINANCIAL MEASURES</font></p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;color:#000000;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">To supplement the Company&#8217;s consolidated financial statements presented in accordance with International Financial Reporting Standards pursuant to the requirements of the Financial Supervisory Commission, or T-IFRSs, Chunghwa Telecom also provides EBITDA, which is a "non-GAAP financial measure&#8221;.&nbsp;&nbsp;EBITDA is defined as consolidated net income (loss) excluding (i) depreciation and amortization, (ii) total net comprehensive financing cost (which is comprised of net interest expense, exchange gain or loss, monetary position gain or loss and other financing costs and derivative transactions), (iii) other income, net, (iv) income tax, (v) (income) loss from discontinued operations.</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;color:#000000;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In managing the Company&#8217;s business, Chunghwa Telecom relies on EBITDA as a means of assessing its operating performance because it excludes the effect of (i) depreciation and amortization, which represents a non-cash charge to earnings, (ii) certain financing costs, which are significantly affected by external factors, including interest rates, foreign currency exchange rates and inflation rates, which have little or no bearing on the Company&#8217;s operating performance, (iii) income tax (iv) other expenses or income not related to the operation of the business.&nbsp;&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;color:#000000;font-size:10pt;font-family:Tw Cen MT;font-style:normal;text-transform:none;font-variant: normal;"><font style="Background-color:#FFFFFF;">CAUTIONS ON USE OF NON-GAAP FINANCIAL MEASURES</font></p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;color:#000000;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><a name="_AEIOULastRenderedPageBreakAEIOU7"></a>In addition to the consolidated financial results prepared under T-IFRSs, Chunghwa Telecom also provide non-GAAP financial measures, including &#8220;EBITDA&#8221;. The Company believes that the non-GAAP financial measures </p>
<p style="text-align:center;margin-top:12pt;margin-bottom:10pt;text-indent:0%;font-size:10pt;font-family:Calibri;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">8</p>
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<p style="margin-bottom:0pt;margin-top:0pt;color:#000000;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="color:#000000;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">provide investors with another method for assessing its operating results in a manner that is focused on the performance of its ongoing</font><font style="color:#000000;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> operations</font><font style="color:#000000;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">.</font></p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;color:#000000;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Chunghwa Telecom&#8217;s management believes investors will benefit from greater transparency in referring to these non-GAAP financial measures when assessing the Company&#8217;s operating results, as well as when forecasting and analyzing future periods. However, the Company recognizes that:</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:6.85%;text-indent:-3.42%;color:#000000;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">**&nbsp;&nbsp;these non-GAAP financial measures are limited in their usefulness and should be considered only as a supplement to the Company&#8217;s T-IFRSs financial measures;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:6.85%;text-indent:-3.42%;color:#000000;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">**&nbsp;&nbsp;these non-GAAP financial measures should not be considered in isolation from, or as a substitute for, the Company&#8217;s T-IFRSs financial measures;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:6.85%;text-indent:-3.42%;color:#000000;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">**&nbsp;&nbsp;these non-GAAP financial measures should not be considered to be superior to the Company&#8217;s T-IFRSs financial measures; and</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:6.85%;text-indent:-3.42%;color:#000000;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">**&nbsp;&nbsp;these non-GAAP financial measures were not prepared in accordance with T-IFRSs and investors should not assume that the non-GAAP financial measures presented in this earnings release were prepared under a comprehensive set of rules or principle.</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;color:#000000;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Further, these non-GAAP financial measures may be unique to Chunghwa Telecom, as they may be different from non-GAAP financial measures used by other companies. As such, this presentation of non-GAAP financial measures may not enhance the comparability of the Company&#8217;s results to the results of other companies. Readers are cautioned not to view non-GAAP results as a substitute for results under T-IFRSs, or as being comparable to results reported or forecasted by other companies.</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:12pt;font-family:Tw Cen MT;font-style:normal;text-transform:none;font-variant: normal;">About Chunghwa Telecom</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:6pt;text-indent:0%;font-family:Tw Cen MT;font-size:11pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><a name="SelTemp"></a>Chunghwa Telecom (TAIEX 2412, NYSE: CHT) is Taiwan&#8217;s largest integrated telecommunications services company that provides fixed-line, mobile, broadband, and internet services. The Company also provides information and communication technology services to corporate customers and is expanding its cloud computing services. In recent years, Chunghwa has been actively involved in corporate social responsibility and has won domestic and international awards and recognition. For more information, please visit the Company&#8217;s website at http://www.cht.com.tw.</p>
<p style="text-align:justify;margin-bottom:0pt;line-height:18pt;margin-top:0pt;margin-left:20.54%;text-indent:0%;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Contact:<font style="margin-left:180pt;">Fu-fu Shen</font></p>
<p style="text-align:justify;margin-bottom:0pt;line-height:18pt;margin-top:0pt;margin-left:20.54%;text-indent:0%;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Phone:<font style="margin-left:180pt;">+886 2 2344 5488</font></p>
<p style="text-align:justify;margin-bottom:0pt;line-height:18pt;margin-top:0pt;margin-left:20.54%;text-indent:0%;font-size:12pt;font-family:Tw Cen MT;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Email: <font style="margin-left:180pt;">chtir@cht.com.tw</font></p>
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