-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 BVx+xX6uTTht/wpES8eQZrbCfKevHYCKgIAM3ZI4S9vs6G7li/EFQmo/FMK0YRyd
 eJHoMSZJ4o/3dLMTu6cUgQ==

<SEC-DOCUMENT>0000950103-05-002256.txt : 20051031
<SEC-HEADER>0000950103-05-002256.hdr.sgml : 20051031
<ACCEPTANCE-DATETIME>20051031115047
ACCESSION NUMBER:		0000950103-05-002256
CONFORMED SUBMISSION TYPE:	S-8
PUBLIC DOCUMENT COUNT:		6
FILED AS OF DATE:		20051031
DATE AS OF CHANGE:		20051031
EFFECTIVENESS DATE:		20051031

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ADVANCED SEMICONDUCTOR ENGINEERING INC
		CENTRAL INDEX KEY:			0001122411
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		S-8
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-129326
		FILM NUMBER:		051165400

	BUSINESS ADDRESS:	
		STREET 1:		26 CHIN THIRD ROAD
		STREET 2:		NANTZE EXPORT PROCESSING ZONE
		CITY:			KAOHSIUNG TAIWAN
		STATE:			F5
		ZIP:			00000

	MAIL ADDRESS:	
		STREET 1:		26 CHIN THIRD ROAD
		STREET 2:		NANTZE EXPORT PROCESSING ZONE
		CITY:			KAOHSIUNG TAIWAN
		STATE:			F5
		ZIP:			00000
</SEC-HEADER>
<DOCUMENT>
<TYPE>S-8
<SEQUENCE>1
<FILENAME>jun2805_s8.htm
<TEXT>
<HTML>
<HEAD>
   <TITLE></TITLE>
</HEAD>
<BODY bgcolor="#ffffff">
<div align="center"><font size="2" face="serif"><B>As filed with the Securities
               and Exchange Commission on October 31, 2005</B>
</font></div>
<div align="right"><font size="2" face="serif"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B>
</font></div>
<hr size="4" noshade color="#000000" style="margin-top: -2px">
<hr size="1" noshade color="#000000" style="margin-top: -10px">

<P align="center"><FONT size=4 face="serif">SECURITIES AND EXCHANGE COMMISSION</FONT><FONT size=2 face="serif"><br>
</FONT>
  <FONT size="3" face="serif">Washington, D.C. 20549</FONT></P>
<hr align=center width=15% size=1 noshade color="#000000">
<div align="center"><FONT size="4" face="serif"><BR>
  </FONT>
    <FONT size=4 face="serif">FORM S-8
    </FONT>
</div>
<P align="center">
  <FONT size=2 face="serif">REGISTRATION STATEMENT<BR>
  UNDER<BR>
THE SECURITIES ACT OF 1933</FONT></P>
<hr align=center width=15% size=1 noshade color="#000000">

<P align="center"><FONT size=2 face="serif"><BR>
</FONT>
  <FONT size=4 face="serif">Advanced Semiconductor Engineering, Inc.<BR>
  </FONT>
  <FONT size=2 face="serif">(Exact Name of Registrant as Specified in Its Charter)<BR>
  </FONT></P>
<div align="center">
  <TABLE width="95%" border=0 align="center" cellpadding=0 cellspacing=0>
    <TR valign="bottom">
      <TD width=48% align=center>
        <font size="2" face="serif"><B>Republic of China</B>&nbsp;
      </font></TD>
      <TD width=52% align=center>
        <font size="2" face="serif"><B>N/A</B>&nbsp;
      </font></TD>
    </TR>
    <TR valign="bottom">
      <TD width=48% align=center>
        <FONT size=1 face="serif">(State or Other Jurisdiction of<br>
      Incorporation or Organization)&nbsp;      </FONT></TD>
      <TD width=52% align=center>
        <FONT size=1 face="serif">(I.R.S. Employer Identification No.)&nbsp;
      </FONT></TD>
    </TR>
    <TR valign="bottom">
      <TD width=48% align=center>
        <FONT size=2 face="serif">&nbsp;
      </FONT></TD>
      <TD width=52% align=center>&nbsp;

        </TD>
    </TR>
  </TABLE>
  <font size="2" face="serif"><BR>
  </font>
  <font size="2" face="serif"><B>26 Chin Third Road</B><BR>
  <B>Nantze Export Processing Zone</B><BR>
  <B>Nantze, Kaohsiung, Taiwan</B><BR>
  <B>Republic of China</B><BR>
  (Address of Principal Executive Offices)<BR>
  </font></div>
<P align="center">
  <font size="3" face="serif"><B>Advanced Semiconductor Engineering, Inc. 2004 Employee Stock Option Plan</B><BR>
  </font>
<FONT size=2 face="serif">(Full Title of the Plan)</FONT></P>
<P align="center"><FONT size=2 face="serif"><BR>
  <B>CT Corporation System</B><BR>
  <B>111 Eighth Avenue</B><BR>
  <B>New York, New York 10011</B><BR>
  <B>(212) 894-8940</B><BR>
</FONT>
  <FONT size=2 face="serif">(Name, Address, Including Zip Code, and Telephone<BR>
Number, Including Area Code, of Agent for Service)</FONT></P>
<P align="center"><FONT size=2 face="serif"><BR>
  <B><I>Copy to:</I></B><BR>
  <B>Show-Mao Chen, Esq.</B><BR>
  <B>Davis Polk &amp; Wardwell</B><BR>
  <B>The Hong Kong Club Building</B><BR>
  <B>3A Chater Road</B><BR>
  <B>Hong Kong</B><BR>
  </FONT></P>
<div align="center"><font size="2" face="serif"><B>CALCULATION OF REGISTRATION FEE</B></font>
</div>
<TABLE width=100% border=1 cellpadding=5 cellspacing=0 bordercolor="#000000">
<TR valign="bottom">
        <TD width=33% align=center>
      <font size="1" face="serif"><B>Title Of Each Class Of Securities To Be Registered</B>
    </font></TD>
        <TD width=22% align=center nowrap>
      <font size="1" face="serif"><B>Amount To Be Registered<SUP>(1)</SUP></B>
    </font></TD>
        <TD width=15% align=center nowrap><font size="1" face="serif"><B><B> <B>Proposed Maximum<br>
        </B> Offering Price<br>
             Per</B> Share<SUP>(2)</SUP></B>
    </font></TD>
        <TD width=15% align=center nowrap><font size="1" face="serif"><B><B> <B>Proposed Maximum</B><br>
             Aggregate Offering</B><br>
             Price<SUP>(2)</SUP></B>
    </font></TD>
        <TD width=15% align=center nowrap><font size="1" face="serif"><B>      <B>Amount Of</B>  Registration <br>
             Fee<SUP>(3)</SUP></B>
    </font></TD>
</TR>
<TR valign="bottom">
        <TD width=33% align=center nowrap>
      <FONT size=2 face="serif">Common Shares, par value NT&#36;10.00 per share&nbsp;
    </FONT></TD>
        <TD width=22% align=center>
      <FONT size=2 face="serif">139,917,000&nbsp;
    </FONT></TD>
        <TD width=15% align=center>
      <FONT size=2 face="serif">US&#36;0.66&nbsp;
    </FONT></TD>
        <TD width=15% align=center>
      <FONT size=2 face="serif">US&#36;92,345,220&nbsp;
    </FONT></TD>
        <TD width=15% align=center>
      <FONT size=2 face="serif">US&#36;10,870&nbsp;
    </FONT></TD>
</TR>
</TABLE>
<font size="2" face="serif"><BR>
</font>
<TABLE border=0 cellspacing=0 cellpadding=0>
<TR>
        <TD width="5%" valign=top>
      <FONT size=2 face="serif">(1)</FONT></TD>
        <TD width=95%>
      <FONT size=2 face="serif">In accordance with Rule 416 under the Securities Act of 1933, as amended (the &#147;Securities Act&#148;), this registration statement shall be deemed to cover any additional securities that may be offered or issued
pursuant to the anti-dilution adjustment provisions of the Advanced Semiconductor Engineering, Inc. 2004 Employee Stock Option Plan.</FONT>     </TD>
</TR>
<TR><TD colspan=2 valign="top">&nbsp;</TD>
</TR><TR>
        <TD width="5%" valign=top>
      <FONT size=2 face="serif">(2)</FONT></TD>
        <TD width=95%>
          <p><FONT size=2 face="serif">The per share and aggregate offering prices
                    are estimated pursuant to Rule 457(h) under the Securities
                    Act solely for the purpose of calculating the amount of the
                    registration fee, based on the weighted average exercise
                    price of options already granted. For the purpose of calculating
                    the per share and aggregate offering</FONT>      <FONT size=2 face="serif">prices,
           New Taiwan dollar amounts were translated into U.S. dollars at a rate
           of NT&#36;33.63 to US&#36;1.00, the  noon buying
           rate in The City of New York for cable </FONT><FONT size=2 face="serif"> transfers
           payable in New Taiwan dollars as certified for customs purposes by
          the Federal Reserve Bank of New York on October 27, 2005.</FONT></p>          </TD>
</TR>

<TR>
  <TD width="5%" valign=top nowrap>&nbsp;</TD>
  <TD width="95%">&nbsp;</TD>
</TR>
<TR>
        <TD width="5%" valign=top>
      <FONT size=2 face="serif">(3)</FONT></TD>
        <TD width=95%>
      <FONT size=2 face="serif">Pursuant to Rule 457(p) under the Securities
      Act, the currently due filing fee is offset against the filing fee of US&#36;37,785
      paid in connection with the Registrant&#146;s Registration Statement on
      Form F-3 (Securities  Act File No. 333-111172) filed on December 15, 2003
      and withdrawn on November 12, 2004 (the &#147;Form F-3 Registration Statement&#148;).
      The filing fee of US&#36;11,297 in connection with the Registrant&#146;s
      Registration Statement on Form S-8  (Securities Act File No. 333-121435)
      filed on December 20, 2004 was also offset against the filing fee paid
      in connection with the Form F-3 Registration Statement.</FONT>     </TD>
</TR>
<TR><TD colspan=2 valign="top">&nbsp;</TD>
</TR></TABLE>

<br>
<br>
<hr size="1" noshade color="#000000" style="margin-top: -2px">
<hr size="4" noshade color="#000000" style="margin-top: -10px">
<p><font size="2" face="serif"><br>
  </font>
</p>
<hr size=3 color=GRAY noshade>
<font size="2" face="serif"><PAGE><br>
<br>


</font>
<P>
  <FONT size=2 face="serif">Advanced Semiconductor Engineering, Inc. (the &#147;Registrant&#148; or
  the &#147;Company&#148;) is filing this Registration Statement on Form S-8
  under the Securities Act (the &#147;Registration Statement&#148;) with the
   Securities and Exchange Commission (the &#147;Commission&#148;) to register
   139,917,000 common shares, par value NT&#36;10.00 per share, of the Company
   (the &#147;Shares&#148;)
   for issuance  pursuant to the Advanced Semiconductor Engineering, Inc. 2004
   Employee Stock Option Plan.</FONT></P>
<P align="center">
  <font size="2" face="serif"><B>PART I</B><BR>
</font></P>
<P align="center">
  <font size="2" face="serif"><B>INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</B></font></P>
<FONT size=2 face="serif">Item 1. PLAN INFORMATION<BR>
</FONT>
<P>
  <font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All information required by Part I of Form S-8 to be contained in the Section 10(a) prospectus is omitted from this Registration Statement in accordance with Rule 428 under the Securities Act
and the Note to Part I of Form S-8.</font></P>
<P>
  <FONT size=2 face="serif">Item 2. REGISTRANT INFORMATION AND EMPLOYEE PLAN ANNUAL INFORMATION</FONT></P>
<P>
  <font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All information required by Part I of Form S-8 to be contained in the Section 10(a) prospectus is omitted from this Registration Statement in accordance with Rule 428 under the Securities Act
and the Note to Part I of Form S-8.</font></P>
<P align="center">
  <font size="2" face="serif"><B>PART II</B><BR>
</font></P>
<P align="center">
  <font size="2" face="serif"><B>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B></font></P>
<P>
  <FONT size=2 face="serif">Item 3. INCORPORATION OF DOCUMENTS BY REFERENCE</FONT></P>
<P>
  <FONT size=2 face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant hereby incorporates by reference the following documents in this Registration Statement:</FONT></P>
<P>
  <font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the Registrant&#146;s annual report on Form 20-F under the Securities Exchange Act of 1934, as amended (the &#147;Exchange Act&#148;), for the fiscal year ended December 31, 2004 (Exchange
Act File No. 001-16125); </font></P>
<P>
  <font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) all other reports filed by the Registrant pursuant to Sections 13(a) or 15(d) of the Exchange Act since December 31, 2004 (Exchange Act File No. 001-16125); and</font></P>
<P>
  <font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the description of the Shares contained in the Registrant&#146;s registration statement on Form 8-A under the Exchange Act (Exchange Act File No. 001-16125), including any amendment or
report filed for the purpose of updating such description.</font></P>
<P>
  <font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All documents subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act, prior to the filing of a post-effective amendment which indicates that
all securities offered hereby have been sold or which deregisters all securities then remaining unsold, also shall be deemed to be incorporated by reference in this Registration Statement and to be part hereof from the date of filing of such
documents.</font></P>
<P>
  <font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any statement contained herein or in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes hereof or of the related
prospectus to the extent that a statement contained herein or in any other subsequently filed document which is also incorporated or deemed to be incorporated herein modifies or supersedes such statement. Any such statement so modified or superseded
shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.</font></P>
<p><FONT size=2 face="serif">Item 4. DESCRIPTION OF SECURITIES</FONT></p>
<p><FONT size=2 face="serif"><BR>
  &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.<BR>
  </FONT>
</p>
<P align="center">
  <FONT size=2 face="serif">2<BR>
</FONT></P>


<font size="2" face="serif"><br>
<br>
</font>
<hr size=3 color=GRAY noshade>
<font size="2" face="serif"><PAGE><br>
<br>


</font>
<P>
  <FONT size=2 face="serif">Item 5. INTERESTS OF NAMED EXPERTS AND COUNSEL</FONT></P>
<P>
  <FONT size=2 face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.</FONT></P>
<P>
  <FONT size=2 face="serif">Item 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS</FONT></P>
<P>
  <font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The relationship between the Registrant and its directors and officers is governed by the Republic of China (&#147;ROC&#148;) Civil Code, the ROC Company Law and the Registrant&#146;s Articles
of Incorporation. There is no written contract between the Registrant and its directors and officers governing the rights and obligations of such parties. Under Section 10, Chapter 2, Book II of the ROC Civil Code, each person who was or is a party
or is threatened to be made a party to, or is involved in any threatened, pending or completed action, suit or proceeding by reason of the fact that such person is or was a director or officer of the Registrant, in the absence of willful misconduct
or negligence on the part of such person in connection with such person&#146;s performance of duties as a director or officer, as the case may be, may be indemnified and held harmless by the Registrant to the fullest extent permitted by applicable
law. In addition, the Registrant has obtained an insurance policy which provides liability coverage, including coverage for liabilities arising under the U.S. federal securities laws, for directors and officers and which contains certain exceptions
and exclusions.</font></P>
<P>
  <FONT size=2 face="serif">Item 7. EXEMPTION FROM REGISTRATION CLAIMED</FONT></P>
<P>
  <FONT size=2 face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.</FONT></P>
<P>
  <FONT size=2 face="serif">Item 8. EXHIBITS</FONT></P>

<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr align="left" valign="top">
    <td width="20%"><font size="2" face="serif"><u>Exhibit No.</u></font></td>
    <td width="80%"><font size="2" face="serif"><u>Description</u></font></td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr align="left" valign="top">
    <td><FONT size=2 face="serif">4.1</FONT></td>
    <td> <FONT size=2 face="serif"> Articles of Incorporation of the Registrant
        (English translation of Chinese) (incorporating all amendments as of
    June 30, 2005). </FONT></td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr align="left" valign="top">
    <td><FONT size=2 face="serif">5.1</FONT></td>
    <td> <FONT size=2 face="serif"> Opinion of Lee and Li, ROC counsel to the Registrant, as to the legality of the securities being registered.</FONT></td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr align="left" valign="top">
    <td><FONT size=2 face="serif">23.1</FONT></td>
    <td> <FONT size=2 face="serif"> Consent of Lee and Li (included in Exhibit 5.1).</FONT></td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr align="left" valign="top">
    <td><FONT size=2 face="serif">23.2</FONT></td>
    <td> <FONT size=2 face="serif"> Consent of Deloitte &amp; Touche, Independent Registered Public Accounting Firm.  </FONT></td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr align="left" valign="top">
    <td><font size=2 face="serif">24.1</font></td>
    <td><font size=2 face="serif">Powers of Attorney (included on the signature page hereto).</font></td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr align="left" valign="top">
    <td><FONT size=2 face="serif">99.1</FONT></td>
    <td> <FONT size=2 face="serif"> Advanced Semiconductor Engineering, Inc. 2004 Employee Stock Option Plan (English translation of Chinese).</FONT></td>
  </tr>
</table>

<P>
  <FONT size=2 face="serif">Item 9. UNDERTAKINGS</FONT></P>
<TABLE border=0 cellspacing=0 cellpadding=0>
<TR>
        <TD nowrap valign=top>
      <FONT size=2 face="serif">(a)&nbsp; &nbsp; &nbsp;         </FONT></TD>
        <TD width=100% colspan=3>
      <FONT size=2 face="serif">The undersigned Registrant hereby undertakes:</FONT>    </TD>
</TR>
<TR><TD colspan=4>&nbsp;</TD></TR><TR>
<TD>&nbsp;</TD> <TD nowrap valign=top>
  <FONT size=2 face="serif">(1)&nbsp; &nbsp; &nbsp;     </FONT></TD>
        <TD width=100% colspan=2>
      <FONT size=2 face="serif">To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:</FONT>   </TD>
</TR>
<TR><TD colspan=4>&nbsp;</TD></TR><TR>
<TD>&nbsp;</TD><TD>&nbsp;</TD>  <TD nowrap valign=top>
  <FONT size=2 face="serif">(i)&nbsp; &nbsp; &nbsp;     </FONT></TD>
        <TD width=100%>
      <FONT size=2 face="serif">To include any prospectus required by Section 10(a)(3) of the Securities Act;</FONT>    </TD>
</TR>
<TR><TD colspan=4>&nbsp;</TD></TR><TR>
<TD>&nbsp;</TD><TD>&nbsp;</TD>  <TD nowrap valign=top>
  <FONT size=2 face="serif">(ii)&nbsp; &nbsp; &nbsp;    </FONT></TD>
        <TD width=100%>
      <FONT size=2 face="serif">To reflect in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a
fundamental change in the information set forth in the Registration Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was
registered) and any deviation from the low or high end of the estimated maximum offering range may be</FONT>    </TD>
</TR>
<TR><TD colspan=4>&nbsp;</TD></TR></TABLE>
<P align="center">
  <FONT size=2 face="serif">3<BR>
</FONT></P>


<font size="2" face="serif"><br>
<br>
</font>
<hr size=3 color=GRAY noshade>
<font size="2" face="serif"><PAGE><br>
<br>


</font>
<TABLE border=0 cellspacing=0 cellpadding=0>
<TR>
  <TD width="5%">&nbsp;</TD>
  <TD width="5%">&nbsp;</TD>
  <TD width="5%">&nbsp;</TD>    <TD width=100%>
  <FONT size=2 face="serif">reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20 percent change in the maximum aggregate offering price
set forth in the &#147;Calculation of Registration Fee&#148; table in the effective Registration Statement; and</FONT>  </TD>
</TR>
<TR><TD colspan=4>&nbsp;</TD></TR><TR>
  <TD valign=top>&nbsp;</TD>
  <TD valign=top>&nbsp;</TD>
  <TD valign=top>
      <FONT size=2 face="serif">(iii)&nbsp; &nbsp; &nbsp;       </FONT></TD>
        <TD width=100%>
      <FONT size=2 face="serif">To include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any material change to such information in the Registration Statement;</FONT>    </TD>
</TR>
<TR><TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
</TR>
<TR>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD colspan=2> <FONT size=2 face="serif">provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in periodic reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference in the Registration Statement. </FONT></TD>
  </TR>
<TR>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD colspan=2>&nbsp;</TD>
</TR>
<TR>
  <TD>&nbsp;</TD>
  <TD valign="top"> <FONT size=2 face="serif">(2)</FONT></TD>
  <TD colspan=2> <FONT size=2 face="serif">That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.</FONT> </TD>
</TR>
<TR>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD colspan=2>&nbsp;</TD>
</TR>
<TR>
  <TD>&nbsp;</TD>
  <TD valign="top"><FONT size=2 face="serif">(3)</FONT></TD>
  <TD colspan=2> <FONT size=2 face="serif">To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.</FONT> </TD>
</TR>
</TABLE>
<p><font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant&#146;s annual report pursuant to Section
13(a) or Section 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan&#146;s annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in the Registration Statement shall be
deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.</font></p>
<P>
  <font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing
provisions, or otherwise, the Registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for
indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted
by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate
jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.</font></P>
<P align="center">
  <FONT size=2 face="serif">4<BR>
</FONT></P>


<font size="2" face="serif"><br>
<br>
</font>
<hr size=3 color=GRAY noshade>
<font size="2" face="serif"><PAGE><br>
<br>


</font>
<P align="center">
  <font size="2" face="serif"><B>SIGNATURES</B><BR>
</font></P>
<P>
  <font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements
  of the Securities Act, the Registrant certifies that it has reasonable grounds
  to believe that it meets all of the requirements for filing on Form S-8 and
  has duly  caused this Registration Statement to be signed on its behalf by
  the undersigned, thereunto duly authorized, in Taipei, Taiwan, Republic of
  China, on October 31, 2005.</font></P>
<div align="right">
  <TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
    <TR valign="bottom">
      <TD colspan="2" align=left>
        <FONT size=2 face="serif">ADVANCED SEMICONDUCTOR&nbsp;
        </FONT></TD>
    </TR>
    <TR valign="bottom">
      <TD colspan="2" align=left>
        <font size="2" face="serif">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;ENGINEERING, INC.&nbsp;
        </font></TD>
    </TR>
    <TR>
      <TD width="7%">&nbsp;</TD>
      <TD width="93%">&nbsp;

        </TD>
    </TR>
    <TR>
      <TD width="7%">&nbsp;</TD>
      <TD width="93%">&nbsp;

        </TD>
    </TR>
    <TR valign="bottom">
      <TD width=7% align=left><font size=2 face="serif">By:</font></TD>
      <TD width=93% align=left>
        <FONT size=2 face="serif"> /s/ Jason C. S. Chang&nbsp;
      </FONT></TD>
    </TR>
    <TR>
      <TD width="7%">&nbsp;</TD>
      <TD width="93%">
    <HR align="left" width="60%" size=1 noshade>
      </TD>
    </TR>
    <TR valign="bottom">
      <TD width=7% align=left>&nbsp;</TD>
      <TD width=93% align=left>
        <font size="2" face="serif">Jason C. S. Chang&nbsp;
      </font></TD>
    </TR>
    <TR valign="bottom">
      <TD width=7% align=left>&nbsp;</TD>
      <TD width=93% align=left>
        <font size="2" face="serif">Chairman&nbsp;
      </font></TD>
    </TR>
  </TABLE>
  <font size="2" face="serif"><BR>
  </font>
</div>
<P>
  <font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KNOW ALL MEN BY THESE PRESENTS that Advanced Semiconductor Engineering, Inc. (the &#147;Company&#148;) and each person whose signature appears below constitutes and appoints Jason C.S. Chang,
Chairman of the Company, and Joseph Tung, Chief Financial Officer of the Company, and any other person acting in such capacity, and each of them, true and lawful attorneys-in-fact and agents of the Company and each such person with full power of
substitution, for and in the name, place and stead of the Company and each such person, in any and all capacities, to take the following actions: (i) to sign a Registration Statement on Form S-8 (the &#147;Registration Statement&#148;) under the
Securities Act of 1933, as amended (the &#147;Securities Act&#148;), relating to the registration of up to 140,000,000 common shares, par value NT&#36;10.00 each (the &#147;Shares&#148;), to be issued by the Company pursuant to the Advanced
Semiconductor Engineering, Inc. 2004 Employee Stock Option Plan (the &#147;Option Plan&#148;), and one or more amendments to the Registration Statement (including, without limitation, post-effective amendments thereto), and to cause the same to be
filed with or, where permitted, transmitted for filing to, the United States Securities and Exchange Commission, together with such exhibits and other documents as may be necessary or appropriate; (ii) to sign such applications, certificates,
consents and other documents as may be necessary or appropriate from time to time in connection with the qualification of the Shares to be sold pursuant to the Registration Statement under the securities or Blue Sky laws of any of the states or
other jurisdictions of the United States or under the securities or other relevant laws of other jurisdictions outside the United States and to cause the same to be filed with the securities or Blue Sky commissions of such states or other
jurisdictions or the relevant authorities in the appropriate jurisdictions outside the United States; and (iii) to sign such other documents (including, without limitation, such other appropriate documents relating to the Shares and the Option
Plan), to take such other actions, including without limitation application for listing on the New York Stock Exchange, and/or other securities exchanges, and related actions, and to do such other things as said agents and attorneys-in-fact, or any
of them, may deem necessary or appropriate from time to time in connection with the foregoing and in connection with the issuance and sale from time to time by the Company of the Shares pursuant to the Option Plan, granting to such attorneys-in-fact
and agents, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as each such person might or could do in person, hereby ratifying
and confirming all that said attorneys-in-fact and agents, or their substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font></P>
<P>
  <font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act, this Registration Statement has been signed below by the following persons in the capacities and on the dates indicated.</font></P>
<TABLE width="95%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=31% align=left>
      <font size="2" face="serif">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<B><U>Signature</U></B>&nbsp;
    </font></TD>
        <TD width=2% align=center>&nbsp;</TD>
        <TD width=57% align=center>
      <font size="2" face="serif"><B><U>Title</U></B>&nbsp;
    </font></TD>
        <TD width=14% align=center>
      <font size="2" face="serif"><B><U>Date</U></B>&nbsp;
    </font></TD>
</TR>
<TR valign="bottom">
  <TD align=left>&nbsp;</TD>
  <TD width="2%" align=left>&nbsp;</TD>
  <TD align=left>&nbsp;</TD>
  <TD width="14%" align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=31% align=left>
      <FONT size=2 face="serif">/s/ Jason C. S. Chang&nbsp;
    </FONT></TD>
        <TD width=2% align=left>&nbsp;</TD>
        <TD width=57% align=left>
      <FONT size=2 face="serif">Chairman, Chief Executive Officer and Director&nbsp;
    </FONT></TD>
        <TD width=14% align=center nowrap>
      <FONT size=2 face="serif">October 31, 2005&nbsp;
    </FONT></TD>
</TR>
<TR>
        <TD>
<HR noshade size=1>
        </TD>
        <TD width="2%">&nbsp;</TD>
        <TD> <font size=2 face="serif">(Principal Executive Officer)&nbsp; </font>
        </TD>
        <TD width="14%">
        </TD>
</TR>
<TR valign="bottom">
        <TD width=31% align=left>
      <FONT size=2 face="serif">Jason C. S. Chang&nbsp;
    </FONT></TD>
        <TD width=2% align=left>&nbsp;</TD>
        <TD width=57% align=left>&nbsp;</TD>
        <TD width=14% align=left>&nbsp;

        </TD>
</TR>
</TABLE>
<font size="2" face="serif"><BR>
</font>
<P align="center">
<FONT size=2 face="serif">5</FONT></P>


<font size="2" face="serif"><br>
<br>
</font>
<hr size=3 color=GRAY noshade>
<font size="2" face="serif"><PAGE><br>
<br>


</font>
<TABLE width="95%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=31% align=left>
      <font size="2" face="serif">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<B><U>Signature</U></B>&nbsp;
    </font></TD>
        <TD width=2% align=left>&nbsp;</TD>
        <TD width=55% align=left>
      <font size="2" face="serif">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<B><U>Title</U></B>&nbsp;
    </font></TD>
        <TD width=14% align=center>
      <font size="2" face="serif"><B><U>Date</U></B>&nbsp;
    </font></TD>
</TR>
<TR>
        <TD colspan=4>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=4>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD width=31% align=left>
      <FONT size=2 face="serif">/s/ Richard H.P. Chang&nbsp;
    </FONT></TD>
        <TD width=2% align=left>&nbsp;</TD>
        <TD width=55% align=left>
      <FONT size=2 face="serif">Vice Chairman, President and Director&nbsp;
    </FONT></TD>
        <TD width=14% align=center> <FONT size=2 face="serif">October 31, 2005&nbsp; </FONT></TD>
</TR>
<TR>
        <TD>
<HR noshade size=1>
        </TD>
        <TD width="2%"></TD>
        <TD>
        </TD>
        <TD>
        </TD>
</TR>
<TR valign="bottom">
        <TD width=31% align=left>
      <FONT size=2 face="serif">Richard H.P. Chang&nbsp;
    </FONT></TD>
        <TD width=2% align=left>&nbsp;</TD>
        <TD width=55% align=left>&nbsp;

        </TD>
        <TD width=14% align=left>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=4>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=4>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD width=31% align=left>
      <FONT size=2 face="serif">/s/ Joseph Tung&nbsp;
    </FONT></TD>
        <TD width=2% align=left>&nbsp;</TD>
        <TD width=55% align=left>
      <FONT size=2 face="serif">Chief Financial Officer and Director&nbsp;
    </FONT></TD>
        <TD width=14% align=center> <FONT size=2 face="serif">October 31, 2005&nbsp; </FONT></TD>
</TR>
<TR>
        <TD>
<HR noshade size=1>
        </TD>
        <TD width="2%">&nbsp;</TD>
        <TD> <FONT size=2 face="serif">(Principal Financial and Accounting Officer)&nbsp; </FONT>
        </TD>
        <TD>
        </TD>
</TR>
<TR valign="bottom">
        <TD width=31% align=left>
      <FONT size=2 face="serif">Joseph Tung&nbsp;
    </FONT></TD>
        <TD width=2% align=left>&nbsp;</TD>
        <TD width=55% align=left>&nbsp;</TD>
        <TD width=14% align=left>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=4>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=4>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD width=31% align=left>
      <FONT size=2 face="serif">/s/ Chin Ko-Chien&nbsp;
    </FONT></TD>
        <TD width=2% align=left>&nbsp;</TD>
        <TD width=55% align=left>
      <FONT size=2 face="serif">Executive Vice President and Director&nbsp;
    </FONT></TD>
        <TD width=14% align=center> <FONT size=2 face="serif">October 31, 2005&nbsp; </FONT></TD>
</TR>
<TR>
        <TD>
<HR noshade size=1>
        </TD>
        <TD width="2%"></TD>
        <TD>
        </TD>
        <TD>
        </TD>
</TR>
<TR valign="bottom">
        <TD width=31% align=left>
      <FONT size=2 face="serif">Chin Ko-Chien&nbsp;
    </FONT></TD>
        <TD width=2% align=left>&nbsp;</TD>
        <TD width=55% align=left>&nbsp;

        </TD>
        <TD width=14% align=left>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=4>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=4>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD width=31% align=left>
      <FONT size=2 face="serif">/s/ Jeffrey Chen&nbsp;
    </FONT></TD>
        <TD width=2% align=left>&nbsp;</TD>
        <TD width=55% align=left>
      <FONT size=2 face="serif">Vice President and Director&nbsp;
    </FONT></TD>
        <TD width=14% align=center> <FONT size=2 face="serif">October 31, 2005&nbsp; </FONT></TD>
</TR>
<TR>
        <TD>
<HR noshade size=1>
        </TD>
        <TD width="2%"></TD>
        <TD>
        </TD>
        <TD>
        </TD>
</TR>
<TR valign="bottom">
        <TD width=31% align=left>
      <FONT size=2 face="serif">Jeffrey Chen&nbsp;
    </FONT></TD>
        <TD width=2% align=left>&nbsp;</TD>
        <TD width=55% align=left>&nbsp;

        </TD>
        <TD width=14% align=left>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=4>&nbsp;

        </TD>
</TR>
<TR>
        <TD colspan=4>&nbsp;

        </TD>
</TR>
<TR valign="bottom">
        <TD width=31% align=left>
      <FONT size=2 face="serif">/s/ Tien Wu&nbsp;
    </FONT></TD>
        <TD width=2% align=left>&nbsp;</TD>
        <TD width=55% align=left>
      <FONT size=2 face="serif">Director&nbsp;
    </FONT></TD>
        <TD width=14% align=center> <FONT size=2 face="serif">October 31, 2005&nbsp; </FONT></TD>
</TR>
<TR>
        <TD>
<HR noshade size=1>
        </TD>
        <TD width="2%"></TD>
        <TD>
        </TD>
        <TD>
        </TD>
</TR>
<TR valign="bottom">
        <TD width=31% align=left>
      <FONT size=2 face="serif">Tien Wu&nbsp;
    </FONT></TD>
        <TD width=2% align=left>&nbsp;</TD>
        <TD width=55% align=left>&nbsp;

        </TD>
        <TD width=14% align=left>&nbsp;

        </TD>
</TR>
</TABLE>
<font size="2" face="serif"><BR>
</font>
<P align="center">
<FONT size=2 face="serif">6</FONT></P>


<font size="2" face="serif"><br>
<br>
</font>
<hr size=3 color=GRAY noshade>
<font size="2" face="serif"><PAGE><br>
<br>


</font>
<P align="center">
  <font size="2" face="serif"><B>SIGNATURE OF AUTHORIZED REPRESENTATIVE OF THE REGISTRANT</B></font></P>
<P>
  <font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the Securities
  Act, the undersigned, the duly authorized representative in the United States
  of the Registrant, has signed this Registration Statement or amendment thereto
  in  Newark, Delaware, on October 31, 2005.</font></P>
<div align="right">
  <TABLE width="45%" border=0 cellpadding=0 cellspacing=0>
    <TR valign="bottom">
      <TD colspan="2" align=left>
        <FONT size=2 face="serif">PUGLISI &amp; ASSOCIATES&nbsp;
        </FONT></TD>
    </TR>
    <TR>
      <TD width="7%">&nbsp;</TD>
      <TD width="93%">&nbsp;

        </TD>
    </TR>
    <TR>
      <TD width="7%">&nbsp;</TD>
      <TD width="93%">&nbsp;

        </TD>
    </TR>
    <TR valign="bottom">
      <TD width=7% align=left><font size=2 face="serif">By:</font></TD>
      <TD width=93% align=left>
        <FONT size=2 face="serif">/s/ Donald Puglisi&nbsp;
      </FONT></TD>
    </TR>
    <TR>
      <TD width="7%">&nbsp;</TD>
      <TD width="93%">
    <HR align="left" width="60%" size=1 noshade>
      </TD>
    </TR>
    <TR valign="bottom">
      <TD width=7% align=left>&nbsp;</TD>
      <TD width=93% align=left>
        <font size="2" face="serif">Donald Puglisi&nbsp;
      </font></TD>
    </TR>
    <TR valign="bottom">
      <TD align=center width=7%>&nbsp;</TD>
      <TD align=left width=93%>
        <FONT size=2 face="serif">Managing Director</FONT>
      </TD>
    </TR>
  </TABLE>
  <font size="2" face="serif"><BR>
  </font>
</div>
<P align="center">
  <FONT size=2 face="serif">7</FONT><font size="2" face="serif"><br>
  <br>
  </font></P>


<hr size=3 color=GRAY noshade>
<font size="2" face="serif"><PAGE><br>
<br>


</font>
<P align="center">
  <font size="2" face="serif"><B>EXHIBIT INDEX</B></font></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=20% align=left>
      <font size="2" face="serif"><U>Exhibit No.</U>&nbsp;
    </font></TD>
        <TD width=80% align=left>
      <font size="2" face="serif"><U>Description</U>&nbsp;
    </font></TD>
</TR>
<TR>
        <TD width="0">&nbsp;

        </TD>
    <TD width="0">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=0 align=left valign="top">
      <FONT size=2 face="serif">4.1&nbsp;
    </FONT></TD>
        <TD width=0 align=left>
      <FONT size=2 face="serif">Articles of Incorporation of the Registrant (English
      translation of Chinese) (incorporating all amendments as of June 30, 2005). </FONT></TD>
</TR>
<TR>
        <TD width="0">&nbsp;

        </TD>
    <TD width="0">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=0 align=left>
      <FONT size=2 face="serif">5.1&nbsp;
    </FONT></TD>
        <TD width=0 align=left>
      <FONT size=2 face="serif">Opinion of Lee and Li, ROC counsel to the Registrant, as to the legality of the securities being registered.
    </FONT></TD>
</TR>
<TR valign="bottom">
        <TD width=0 align=left>&nbsp;

        </TD>
        <TD width=0 align=left>
      <FONT size=2 face="serif">&nbsp;
    </FONT></TD>
</TR>

<TR valign="bottom">
        <TD width=0 align=left>
      <FONT size=2 face="serif">23.1&nbsp;
    </FONT></TD>
        <TD width=0 align=left>
      <FONT size=2 face="serif">Consent of Lee and Li (included in Exhibit 5.1).&nbsp;
    </FONT></TD>
</TR>
<TR>
        <TD width="0">&nbsp;

        </TD>
    <TD width="0">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=0 align=left>
      <FONT size=2 face="serif">23.2&nbsp;
    </FONT></TD>
        <TD width=0 align=left>
      <FONT size=2 face="serif">Consent of Deloitte &amp; Touche, Independent Registered Public Accounting Firm.
    </FONT></TD>
</TR>
<TR valign="bottom">
        <TD width=0 align=left>&nbsp;

        </TD>
        <TD width=0 align=left>&nbsp;    </TD>
</TR>

<TR valign="bottom">
        <TD width=0 align=left>
      <FONT size=2 face="serif">24.1&nbsp;
    </FONT></TD>
        <TD width=0 align=left>
      <FONT size=2 face="serif">Powers of Attorney (included on the signature
      page hereto).</FONT></TD>
</TR>
<TR>
        <TD width="0">&nbsp;

        </TD>
    <TD width="0">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD width=0 align=left>
      <FONT size=2 face="serif">99.1&nbsp;
    </FONT></TD>
        <TD width=0 align=left>
      <FONT size=2 face="serif">Advanced Semiconductor Engineering, Inc. 2004 Employee Stock Option Plan (English translation of Chinese).
    </FONT></TD>
</TR>
</TABLE>
<font size="2" face="serif"><BR>
</font>
<P align="center">
  <FONT size=2 face="serif">8</FONT><FONT size=2 face="serif"><BR>
  </FONT></P>
<br>
<hr size=3 color=GRAY noshade>
<br>
<br>
</BODY>
</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-4.1
<SEQUENCE>2
<FILENAME>jun2805_ex0401.htm
<TEXT>
<HTML>
<HEAD>
   <TITLE></TITLE>
</HEAD>
<BODY bgcolor="#ffffff">
<p align="right"><font size="2" face="Times New Roman, Times, serif">Exhibit 4.1</font></p>
<P align="center">
<B><FONT size=2 face="serif">Advanced Semiconductor Engineering, Inc.<br>
Articles
of Incorporation<br>
(Translation of Chinese)</FONT></B></P>
<P align="left"><B><FONT size=2 face="serif"></FONT></B><B><FONT size=2 face="serif">Chapter One: General Principles</FONT></B></P>
<P>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I><FONT size=2 face="serif">Article 1. </FONT></I><FONT size=2 face="serif">This company is called</FONT><font size="2" face="sans-serif"> <img src="company.jpg"></font><FONT size=2 face="serif">, and is registered as
a company limited by shares according to the Company Law.  The English name of this company is Advanced Semiconductor Engineering, Inc.</FONT></P>
<P>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I><FONT size=2 face="serif">Article 2. </FONT></I><FONT size=2 face="serif">This company is engaged in the following businesses:</FONT></P>
<TABLE border=0 cellspacing=0 cellpadding=0>
<TR valign="top">
  <TD width="5%" nowrap>&nbsp;</TD>
	<TD width="5%" nowrap>
<FONT size=2 face="serif">(1)</FONT></TD>
	<TD width=90%>
<FONT size=2 face="serif">The manufacture, assembly, processing, test and export of various types of integrated circuitry;</FONT>	</TD>
</TR>
<TR valign="top"><TD colspan=3>&nbsp;</TD></TR><TR valign="top">
  <TD width="5%" nowrap>&nbsp;</TD>
	<TD width="5%" nowrap>
<FONT size=2 face="serif">(2)</FONT></TD>
	<TD width=90%>
<FONT size=2 face="serif">The research, development, design and manufacture, assembly, processing, test and export of various computers, electronics, communications, information products and their peripheral products;</FONT>	</TD>
</TR>
<TR valign="top"><TD colspan=3>&nbsp;</TD></TR><TR valign="top">
  <TD width="5%" nowrap>&nbsp;</TD>
	<TD width="5%" nowrap>
<FONT size=2 face="serif">(3)</FONT></TD>
	<TD width=90%>
<FONT size=2 face="serif">General import and export trading business (excluding the approved businesses requiring special permits);</FONT>	</TD>
</TR>
<TR valign="top"><TD colspan=3>&nbsp;</TD></TR><TR valign="top">
  <TD width="5%" nowrap>&nbsp;</TD>
	<TD width="5%" nowrap>
<FONT size=2 face="serif">(4)</FONT></TD>
	<TD width=90%>
<FONT size=2 face="serif">CC01080 Electronic parts and components manufacture business.</FONT>	</TD>
</TR>
<TR valign="top"><TD colspan=3>&nbsp;</TD></TR><TR valign="top">
  <TD width="5%" nowrap>&nbsp;</TD>
	<TD width="5%" nowrap>
<FONT size=2 face="serif">(5)</FONT></TD>
	<TD width=90%>
<FONT size=2 face="serif">CC01990 Other mechanical, electronic and mechanical devices manufacture businesses (integrated circuit lead frame, ball grid array substrate and flip chip substrate).</FONT>	</TD>
</TR>
<TR valign="top"><TD colspan=3>&nbsp;</TD></TR><TR valign="top">
  <TD width="5%" nowrap>&nbsp;</TD>
	<TD width="5%" nowrap>
<FONT size=2 face="serif">(6)</FONT></TD>
	<TD width=90%>
<FONT size=2 face="serif">F119010 Electronic material wholesale business.</FONT>	</TD>
</TR>
<TR valign="top"><TD colspan=3>&nbsp;</TD></TR><TR valign="top">
  <TD width="5%" nowrap>&nbsp;</TD>
	<TD width="5%" nowrap>
<FONT size=2 face="serif">(7)</FONT></TD>
	<TD width=90%>
<FONT size=2 face="serif">F219010 Electronic material retail business.</FONT>	</TD>
</TR>
<TR valign="top"><TD colspan=3>&nbsp;</TD></TR><TR valign="top">
  <TD width="5%" nowrap>&nbsp;</TD>
	<TD width="5%" nowrap>
<FONT size=2 face="serif">(8)</FONT></TD>
	<TD width=90%>
<FONT size=2 face="serif">I199990 Other consulting service businesses (technical and counseling service for integrated circuit lead frame, ball grid array substrate and flip chip substrate).</FONT>	</TD>
</TR>
<TR valign="top"><TD colspan=3>&nbsp;</TD></TR><TR valign="top">
  <TD width="5%" nowrap>&nbsp;</TD>
	<TD width="5%" nowrap>
<FONT size=2 face="serif">(9)</FONT></TD>
	<TD width=90%>
<FONT size=2 face="serif">I601010 Leasing business.</FONT>	</TD>
</TR>
<TR valign="top"><TD colspan=3>&nbsp;</TD></TR><TR valign="top">
  <TD width="5%" nowrap>&nbsp;</TD>
	<TD width="5%" nowrap>
<FONT size=2 face="serif">(10)</FONT></TD>
	<TD width=90%>
<FONT size=2 face="serif">All other businesses not prohibited or restricted by laws and regulations except special permitted businesses.</FONT>	</TD>
</TR></TABLE>
<P>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I><FONT size=2 face="serif">Article 3. </FONT></I><FONT size=2 face="serif">The investment made by this company in other companies as limited liability shareholder thereof is not subject to the limitation that such investment shall
not exceed a certain percentage of the paid-in capital as set forth in the Company Law.</FONT></P>
<P>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I><FONT size=2 face="serif">Article 4. </FONT></I><FONT size=2 face="serif">This company may provide guaranty.</FONT></P>
<P align="center">
<FONT size=2 face="serif">- </FONT><FONT size=2 face="serif">1 -</FONT></P>

<br>
<br>
<hr size=3 color=GRAY noshade>
<page>
<br>
<br>
<P>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I><FONT size=2 face="serif">Article 5. </FONT></I><FONT size=2 face="serif">This company&#146;s headquarter is located in the Nantze Export Processing Zone, Kaohsiung, Taiwan, R.O.C. and may set up domestic or foreign branch offices as
resolved by the Board of Directors, if necessary.</FONT></P>
<P>
<B><FONT size=2 face="serif">Chapter Two: Shares</FONT></B></P>
<P>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I><FONT size=2 face="serif">Article 6.</FONT></I><FONT size=2 face="serif"> This
company&#146;s total capital is NT&#36;63,000,000,000, divided into 6,300,000,000
shares, NT&#36;10 per share, NT&#36;3,000,000,000 of which are reserved
for employee stock options.  The Board of Directors is authorized to determine
the issue of unissued shares in installments if deemed necessary for business
needs.</FONT></P>
<P>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I><FONT size=2 face="serif">Article 7. </FONT></I><FONT size=2 face="serif">The share certificates shall be in registered form and have the signatures or seals of at least three directors of this company and shall be legally
authenticated before issuance.</FONT></P>
<P>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I><FONT size=2 face="serif">Article 8. </FONT></I><FONT size=2 face="serif">No registration of share transfer shall be made within sixty days before each regular shareholders meeting, or within thirty days before each extraordinary
shareholders meeting or five days before the record date for dividends, bonuses or other distributions as determined by this company.</FONT></P>
<P>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I><FONT size=2 face="serif">Article 9. </FONT></I><FONT size=2 face="serif">The rules governing stock affairs of this company shall be made pursuant to the laws and the regulations of the relevant authorities.</FONT></P>
<P>
<B><FONT size=2 face="serif">Chapter Three: Shareholders Meeting</FONT></B></P>
<P>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I><FONT size=2 face="serif">Article 10. </FONT></I><FONT size=2 face="serif">Shareholders meetings include regular meetings and extraordinary meetings.  Regular meetings shall be held once annually within 6 months of each fiscal
year convened by the Board of Directors.  Extraordinary meetings will be held according to the law whenever necessary.</FONT></P>
<P>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I><FONT size=2 face="serif">Article 11. </FONT></I><FONT size=2 face="serif">Shareholders meetings shall be convened by written notice stating the date, place and purpose dispatched to each shareholder at least 30 days, in case of
regular meetings, and 15 days, in case of extraordinary meetings, prior to the date set for such meeting.</FONT></P>
<P align="center">
<FONT size=2 face="serif">- </FONT><FONT size=2 face="serif">2 -</FONT></P>

<br>
<br>
<hr size=3 color=GRAY noshade>
<page>
<br>
<br>
<P>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I><FONT size=2 face="serif">Article 12. </FONT></I><FONT size=2 face="serif">Unless otherwise required by the Company Law, the resolution shall be adopted by at least a majority of the votes of Shareholders present at a shareholders
meeting who hold a majority of all issued and outstanding shares of this company.</FONT></P>
<P>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I><FONT size=2 face="serif">Article 13. </FONT></I><FONT size=2 face="serif">Each share has one vote, but shares held by this company pursuant to laws are not entitled to voting rights.</FONT></P>
<P>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I><FONT size=2 face="serif">Article 14. </FONT></I><FONT size=2 face="serif">Any shareholder, who for any reason is unable to attend shareholders meetings, may execute a proxy printed by this company to authorize a proxy attending
the meeting for him in which the authorization matters shall expressly stated. Such proxy shall be submitted to this company at least 5 days prior to the shareholders meeting. </FONT></P>
<P>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I><FONT size=2 face="serif">Article 15. </FONT></I><FONT size=2 face="serif">The shareholders meeting shall be convened by the Board of Directors unless otherwise stipulated in the Company Law, and the person presiding the meeting
will be the chairman.  If the chairman is on leave or for any reason could not discharge his duty, Paragraph 3 of Article 208 of the Company Law should apply. If the shareholders meeting is called by a person entitled to do so other than the
chairman, the person shall be the chairman.  If two or more persons are entitled to call the shareholders meeting, those persons shall elect one as the chairman.</FONT></P>
<P>
<B><FONT size=2 face="serif">Chapter Four: Directors, supervisors and managers</FONT></B></P>
<P>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I><FONT size=2 face="serif">Article 16. </FONT></I><FONT size=2 face="serif">This company has 5 to 7 directors and 5 supervisors with tenures of 3 years and who are elected from among the persons with legal capacities.  Re-elections
are allowed.</FONT></P>
<P>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I><FONT size=2 face="serif">Article 17. </FONT></I><FONT size=2 face="serif">The Board of Directors is constituted by directors.  Their powers and duties are as follows:</FONT></P>
<blockquote>
  <blockquote>
    <p>
      <FONT size=2 face="serif">(1). Devising operations strategy.</FONT></p>
    <p><FONT size=2 face="serif">      </FONT><FONT size=2 face="serif">(2). Proposing to distribute dividends
      or make up losses.</FONT></p>
    <p><FONT size=2 face="serif">(3). Proposing to increase or decrease capital.</FONT></p>
    <p><FONT size=2 face="serif">(4). Reviewing material internal rules and contracts.</FONT></p>
    <p><FONT size=2 face="serif">(5).
    Hiring and discharging the general manager.</FONT></p>
    <p><FONT size=2 face="serif">(6). Establishing and dissolving
    branch offices.</FONT></p>
  </blockquote>
</blockquote>
<P align="center">
<FONT size=2 face="serif">- </FONT><FONT size=2 face="serif">3 -</FONT></P>

<br>
<br>
<hr size=3 color=GRAY noshade>
<page>
<br>
<br>
<blockquote>
  <blockquote>
    <p align="left">
      <FONT size=2 face="serif">(7). Reviewing budgets and audited financial statements.</FONT></p>
    <p align="left"><FONT size=2 face="serif">(8). Other duties and powers granted by or in accordance with the Company Law or shareholders resolutions.</FONT></p>
  </blockquote>
</blockquote>
<P>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I><FONT size=2 face="serif">Article 18. </FONT></I><FONT size=2 face="serif">The Board of Directors is constituted by directors, and the chairman and vice chairman is elected by the majority of the directors at a board meeting at
which over two-thirds of the directors are present.  If the chairman is on leave or for any reason could not discharge his duties, his acting proxy shall be elected in accordance with Article 208 of the Company Law.</FONT></P>
<P>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I><FONT size=2 face="serif">Article 19. </FONT></I><FONT size=2 face="serif">Board of Directors meetings shall be convened by the chairman, unless otherwise stipulated by the Company Law.  Board of Directors meetings can be held at
any place in the ROC or via teleconference.</FONT></P>
<P>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I><FONT size=2 face="serif">Article 20. </FONT></I><FONT size=2 face="serif">A director may appoint another director to attend the Board of Directors meeting and to exercise the voting right, but a director can accept only one
proxy.</FONT></P>
<P>
<B><FONT size=2 face="serif">Chapter Five: Managers</FONT></B></P>
<P>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I><FONT size=2 face="serif">Article 21. </FONT></I><FONT size=2 face="serif">This
company has one general manager. The appointment, </FONT><FONT size=2 face="serif">discharge and salary of the general manager shall be managed in accordance with Article 29 of Company Law.</FONT></P>
<P>
<B><FONT size=2 face="serif">Chapter Six: Accounting</FONT></B></P>
<P>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I><FONT size=2 face="serif">Article 22. </FONT></I><FONT size=2 face="serif">The fiscal year of this company starts from January 1 and ends on December 31 every year.  At the end of each fiscal year, the Board of Directors shall
prepare financial and accounting books in accordance with the Company Law and submit them to the regular shareholders meeting for recognition.</FONT></P>
<P>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I><FONT size=2 face="serif">Article 23. </FONT></I><FONT size=2 face="serif">The annual net income (&#147;Income&#148;) shall not be distributed before:</FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="top">
  <TD width="5%" nowrap>&nbsp;</TD>
	<TD width="5%" nowrap>
<FONT size=2 face="serif">(1)</FONT></TD>
	<TD width=90%>
<FONT size=2 face="serif">Making up losses, if any;</FONT>	</TD>
</TR>
<TR valign="top"><TD colspan=3>&nbsp;</TD></TR><TR valign="top">
  <TD width="5%" nowrap>&nbsp;</TD>
	<TD width="5%" nowrap>
<FONT size=2 face="serif">(2)</FONT></TD>
	<TD width=90%>
<FONT size=2 face="serif">10% being set aside as legal reserve;</FONT>	</TD>
</TR>
<TR valign="top"><TD colspan=3>&nbsp;</TD></TR><TR valign="top">
  <TD width="5%" nowrap>&nbsp;</TD>
	<TD width="5%" nowrap>
<FONT size=2 face="serif">(3)</FONT></TD>
	<TD width=90%>
<FONT size=2 face="serif">A special reserve being set aside pursuant to the laws
or regulation of governmental authority; </FONT>	</TD>
</TR>
<TR><TD colspan=3>&nbsp;</TD></TR></TABLE>
<div align="center"><FONT size=2 face="serif">- </FONT><FONT size=2 face="serif">4 -</FONT><BR>

  <br>
  <br>
</div>
<hr size=3 color=GRAY noshade>
<page>
<br>
<br>
<br>
<TABLE border=0 cellspacing=0 cellpadding=0><TR valign="top">
  <TD width="5%" nowrap>&nbsp;</TD>
	<TD width="5%" nowrap>
<FONT size=2 face="serif">(4)</FONT></TD>
	<TD width=90%>
<FONT size=2 face="serif">Setting aside a special reserve equal to the (unrealized) investment income under equity method for long-term investment, excluding cash dividends (the realized income shall be classified as earnings for distribution);</FONT>	</TD>
</TR>
<TR valign="top">
  <TD nowrap>&nbsp;</TD>
  <TD nowrap>&nbsp;</TD>
  <TD>&nbsp;</TD>
</TR>
<TR valign="top">
  <TD nowrap>&nbsp;</TD>
  <TD colspan="2" nowrap> <FONT size=2 face="serif">If any Income remains, it
    shall be distributed as follows:</FONT></TD>
  </TR>
<TR valign="top">
  <TD nowrap>&nbsp;</TD>
  <TD colspan="2" nowrap>&nbsp;</TD>
</TR>
</TABLE>
<TABLE border=0 cellspacing=0 cellpadding=0>
<TR valign="top">
  <TD width="5%" nowrap>&nbsp;</TD>
	<TD width="5%">
<FONT size=2 face="serif">(5)</FONT></TD>
	<TD width=90%>
<FONT size=2 face="serif">Not more than 2% of the balance (i.e., the Income deducting (1) to (4) above) as compensation to directors and supervisors;</FONT>	</TD>
</TR>
<TR valign="top"><TD colspan=3>&nbsp;</TD></TR><TR valign="top">
  <TD width="5%">&nbsp;</TD>
	<TD width="5%">
<FONT size=2 face="serif">(6)</FONT></TD>
	<TD width=90%>
<FONT size=2 face="serif">Not less than 5% and not more than 7% of the balance (i.e. the Income deducting (1) to (4) above) as bonus to employees (the 5% portion being distributed to all employees in the form of stock bonus in accordance with the employee
bonus rules, while the portion exceeding 5% being distributed to individual employees (having special contributions) in accordance with the rules made by the board of directors with the authority granted hereby); and</FONT>	</TD>
</TR>
<TR valign="top"><TD colspan=3>&nbsp;</TD></TR><TR valign="top">
  <TD width="5%">&nbsp;</TD>
	<TD width="5%">
<FONT size=2 face="serif">(7)</FONT></TD>
	<TD width=90%>
<FONT size=2 face="serif">The remainder is distributed in proportion to the aggregate amount of outstanding shares proposed by the board.</FONT>	</TD>
</TR>
<TR valign="top">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
</TR>
<TR valign="top">
  <TD>&nbsp;</TD>
  <TD colspan="2"> <font size=2 face="serif">&#147;Employees&#148; referred to in subparagraph (6)
      above include employees of affiliated companies meeting certain qualifications.
    Such qualifications are to be determined by the Board of Directors.</font></TD>
  </TR>
</TABLE>
<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I><FONT size=2 face="serif">Article 24. </FONT></I><FONT size=2 face="serif">This
          Company is at the developing stage. In order to accommodate the capital
          demand for the present and future business development and satisfy
          the  shareholder's demand for the cash, the dividend policy of this
          Company is that stock dividends be distributed preferably than cash
          dividends. The ratio for cash dividends shall not exceed 50% in principle.</FONT></P>
<P>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2 face="serif">Given the above, the distribution ratio for cash dividends shall be proposed by the board and resolved by the shareholders meeting.</FONT></P>
<P align="center">
<FONT size=2 face="serif">- </FONT><FONT size=2 face="serif">5 -</FONT></P>

<br>
<br>
<hr size=3 color=GRAY noshade>
<page>
<br>
<br>
<P>
<B><FONT size=2 face="serif">Chapter Seven: Appendix</FONT></B></P>
<P>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I><FONT size=2 face="serif">Article 25. </FONT></I><FONT size=2 face="serif">The constitutive rules and the operation rules of this company shall be decided otherwise.</FONT></P>
<P>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I><FONT size=2 face="serif">Article 26. </FONT></I><FONT size=2 face="serif">Any matter not covered by this Articles of Incorporation shall be subject to the Company Law.</FONT></P>
<P>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I><FONT size=2 face="serif">Article 27. </FONT></I><FONT size=2 face="serif">This Articles of Incorporation was enacted on March 31, 1984 as approved by all the promoters.</FONT></P>
<blockquote>
  <blockquote>
    <p>
      <FONT size=2 face="serif">The first amendment was made on May 3, 1984.<br>
      The second
      amendment was made on June 11, 1984.<br>
      The third amendment was made on June 25,
      1984.<br>
      The fourth amendment was made on May 28, 1986.<br>
      The fifth amendment was
      made on July 10,  1986.<br>
      The sixth amendment was made on September 1, 1988.<br>
      The
      seventh amendment was made on May 28, 1988.<br>
      The eighth amendment was made on
      July 18, 1988.<br>
      The ninth amendment was made on September 1, 1988.<br>
      The tenth amendment
      was made on October 30,  1988.<br>
      The eleventh amendment was made on November 24,
      1988.<br>
      The twelfth amendment was made on December 5, 1988.<br>
      The thirteenth amendment
      was made on February 21, 1989.<br>
      The fourteenth amendment was made on December
      11, 1989.<br>
      The fifteenth amendment  was made on March 31, 1990.<br>
      The sixteenth
      amendment was made on March 30, 1991.<br>
      The seventeenth amendment was made on April
      11, 1992.<br>
      The eighteenth amendment was made on April 28, 1993.<br>
      The nineteenth
      amendment was made on March 21, 1994.<br>
      The  twentieth amendment was made on March
      21, 1995.<br>
      The twenty-first amendment was made on April 8, 1996.<br>
      The twenty-second
      amendment was made on April 12, 1997.<br>
      The twenty-third amendment was made on
      March 21, 1998.<br>
      The twenty-fourth amendment was made  on June 9, 1999.<br>
      The twenty-fifth
      amendment was made on 11 July 2000.<br>
      The twenty-sixth amendment was made on June
      1, 2001.<br>
      The twenty-seventh amendment was made on June 21, 2002.   </FONT></p>
  </blockquote>
</blockquote>
<P align="center">
<FONT size=2 face="serif">- </FONT><FONT size=2 face="serif">6 -</FONT></P>

<br>
<br>
<hr size=3 color=GRAY noshade>
<page>
<br>
<br>
<blockquote>
  <blockquote>
    <p>
      <FONT size=2 face="serif">The twenty-eighth amendment was made on June 21, 2002.<br>
      The
      twenty-ninth amendment was made on June 19, 2003.<br>
      The thirtieth amendment was
      made on June 19, 2003.<br>
      The thirty-first amendment was made on June 15, 2004.<br>
      The  thirty-second amendment
      was made on June 30, 2005.</FONT></p>
  </blockquote>
</blockquote>
<P align="center">
<FONT size=2 face="serif">- </FONT><FONT size=2 face="serif">7 -</FONT></P>
<br>
<HR noshade align="center" width="100%" size=2>
<br>
<br>
</BODY>
</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>company.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 company.jpg
M_]C_X``02D9)1@`!``$`8`!@``#__@`?3$5!1"!496-H;F]L;V=I97,@26YC
M+B!6,2XP,0#_VP"$``("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("
M`@("`@,#`@(#`@("`P0#`P,#!`0$`@,$!`0$!`,$!`,!`@("`@("`@("`@,"
M`@(#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#
M`P,#`P,#`__$`:(```$%`0$!`0$!```````````!`@,$!08'"`D*"P$``P$!
M`0$!`0$!`0````````$"`P0%!@<("0H+$``"`0,#`@0#!04$!````7T!`@,`
M!!$%$B$Q008346$'(G$4,H&1H0@C0K'!%5+1\"0S8G*""0H6%Q@9&B4F)R@I
M*C0U-C<X.3I#1$5&1TA)2E-455976%E:8V1E9F=H:6IS='5V=WAY>H.$A8:'
MB(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4U=;7
MV-G:X>+CY.7FY^CIZO'R\_3U]O?X^?H1``(!`@0$`P0'!00$``$"=P`!`@,1
M!`4A,08205$'87$3(C*!"!1"D:&QP0DC,U+P%6)RT0H6)#3A)?$7&!D:)B<H
M*2HU-C<X.3I#1$5&1TA)2E-455976%E:8V1E9F=H:6IS='5V=WAY>H*#A(6&
MAXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&Q\C)RM+3U-76
MU]C9VN+CY.7FY^CIZO+S]/7V]_CY^O_``!$(`!0`X`,!$0`"$0$#$0'_V@`,
M`P$``A$#$0`_`/UY\4?$OXI_\+3U[X:?#/X<^`/$_P#PB_@#P%XYUK6O'/Q8
M\1?#_P#Y*!XB^)N@:=I>EZ;H'P;\9_;?LW_"LK^>>YGNK+_D)V\<<+['>@#0
M^''Q&\?:[X^\<_#GXB^!?!_@[6_!_@_X=>-;6Z\%?$76OB%I6K:5\0M:^)VA
M06]Q/KOPQ\&3Z7J%E=_#*^=T2VO8Y8]4@(E1HW0@'/\`[1_Q8U7X3Z?\+9-.
M\;?##X:6GCKXGOX*UWQ]\7M-N=3\&^&-*C^&'Q-\<0W$]M!X_P#!B+J%]K?@
MK1](@>XUV&,-K+`133-$A`.?_9_^-6J_$GQ]\3O",OQ6^"'QFT3P9X/^%GB3
M3O&?P0T>YTC2K;5?'.M?%G3-8\,:X&^+7CV"?4+*T\`Z%?1F*^L9%C\0'S;=
ME:&1@`^._P"T=JOP>C^(FA-X)U`>)+3X(?&3XP?"?Q,EM<^*?`.OQ_"+P;I.
MKZUI7C^/1I;+5O`NH6_B+6;.!ENXX]&O;*\TE+/Q*-=UC^P].`V\CV#2OB-<
MZO\`%SQ?\-++PKJ%SHG@[P?X5UK4_B+9:EI5QX>LO&7B*^UE[GX7ZM8F>.^L
M/&%KX4A\+>)EB@COE_LSQ;9SZ@-+6]T9O$8!X_\`'?\`:.U7X/1_$30F\$Z@
M/$EI\$/C)\8/A/XF2VN?%/@'7X_A%X-TG5]:TKQ_'HTMEJW@74+?Q%K-G`RW
M<<>C7ME>:2EGXE&NZQ_8>G`;>1[!X;^(USXH\?>)_#6B^%=0OO`_AO3Q:'XK
M6FI:4WAF[^(>EZUJ&E^,_AQ%IUQ/!J5YJ&AQ#2/,UG28-6T@:@OB/0;Z\TW7
M/"UU87`!X?XP^/\`XQTOPM\?HO"L7@"3QM\$O[>\1ZO>_$O1?CK\,O"VA_"R
MXT[QO=^'/'UWI;_"K6+_`.(/]GZMX*\1:3);^"]0U#3O$EMX2NM8T_6M&EUB
MWT+3@#D/A#^TU\;_`(E_$J#PAJOP;\'^`K2]T^_U2#0/&6I_M'^"_&2^&?!G
MC=?#/CCQ[H%_X^_94T'P]XXT^ZTWQ3\/[[2_#L5]HNH6JZI'_;-S;3:I):^&
MP#GY_P!O&32/$WC:WU[X9Z?!X-\`^,/C#X;UZ]TGQ=XRF\?#2OA9X>_:0\06
M'B?3/"WB;X.>'_"?B'3_`!$O[,7CVQA&B?$/4X["]9+2_N([FUNH8`#G_P!G
M7_@H/I_QD^-'_"I]7\/:?9-XEU#Q%IG@6\\-^(_AAKDD5SH/BO\`:*U!Y/$Z
M>&OC+XBN9]/?X7?"_P`$?Z?HVFW=K_;.HW=XTT?A[Q7X1O-4`#Q?^VM\7M&\
M;Z-I_AWX(ZA<>#?%'Q/U7PSX9'COX7_M<^!_&]YX9T?X:^*M5D^U:5H_[-OB
MBQEU#4/%?@_4O$&GW>AW6OZA_P`(U?V-MJOA32+FVUS5_#@!]'Z9^T#>>(-;
M^%VAZ?X?_L?4-;^+^G_"SXD6.LV.NQ?V7>:E^R1KO[2ZCPF=;LO#^M1_9IYO
M"6ER2^)_#.B7X\K6;>YT.QN!#)"`=!XO^+/BGX9:%X@U3QGX0_MB:/XO^&_!
MG@.S\(1ZC?Z[\0?`GBB\\,:IJOB;P_X%\/Q>)?$&H>(/!'@_5/'MQJ6B65M=
M7FL0_!G6M=MK72=,U>*#1P#G_@9^TEI/Q8B?3[S0?B!I_B"?X@?&+PYI\S_`
MSXX>&O"$>A>!/B/XZT#PX^K^,O$_@M-!T;Q!+X2\-:8=1M+_`%BSFBUN6[TQ
MK.SU`?V7;@'F&K?M2:KH'[2FI_#37?B#\$-%\&Z+\3[SP=K'@[5K6YT[XGZ3
MX!T[]DF3]H34/C!J?B:\^)T=C8>#[7Q7#-H4T\_@U+**WB??J2W*D@`[_P#9
MR^)?QH\8ZK?:%\:+;P?8:VWP0^`/Q=71_#?@/Q7X`U7PCJOQ<N?BM9^(O`GB
M?3_%?CWQ)/?:AH5W\/+:#[4(]&D\RXNTGL8V10@`?'CXW^/O`/B&]\._#70_
M!_B&[TOX8:AJNL1>)[C6K&YT_P")_P`3_$UA\.OV3/#^GI9B.VUW3_''Q1T_
MQCH>I02WFD6^F6NFG5=2U[188+2#Q$`>@?#_`,:^/KWXA^//!_Q-M_!_AF[@
MT_PGKGPX\,:#%K5]<ZQX97PEX9'Q%\26WCO4[NUMO'.GZ9\4=;U/P\;:U\,^
M&M0TBUL-!U#6;)(?'&B-,!MY'G_QA_:`^)'@72M>TWPI^SG\3]4\9:IJ&J>"
MOA+J&H:K\"[KPEXR\?75MJ:^$K@Z-9?'NU\63>#Y&L)-<U-QI-E>Z9X=TS6-
M5U&+3K;2;Z:R`V\K'H&D_%?QYJ.JZ9I]Y^S+\;]`M+[4+.SNM=U;7_V;IM*T
M6VNKF."?5M3AT+]H/4=2ET^SB=KB9-/T^_NFCA<6]M/,4B<`^8-)_;1^)5[\
M/-2^)$_P,\'G1(/!_P"SMX@TM/#GQ=\;^,;F;Q#^TCXM\,:/X9\`ZO9Z!^SQ
M+?6GC#0_"GB?2_$^LZ3HUEXAU-+7Q+X133M/U)?%,%Q:@;>5CT_X._M+>,?B
M%\4[7X:>+/A/_P`(/]O\`>,/'.GZU_Q?73O._P"$/\1?#[0+O2_[-^-7[-7P
MN^W^=_PG]M/]IT:ZU?[-_9_EWD-O]NM'F`V\CW#QY\1KGP=XF^%GA72O"NH>
M,]4^(OC"ZT6_T_1-2TJUU7PCX-TWP]JVI:_\4+ZPU2>!+SP?H>MCPCI6I2_:
M;9HY/&^F0VIO=6O=,T?6@"_\.O'/_"=Z=XCGN-+_`.$?U;PM\0/'W@;5]`FO
M?M6HZ?\`\(IXIU/3?#NJ:E"]I:S:;_PE'@E?"WC*RMIH!G2O&NE3P37EI<V]
M[>`;>5CYQ\?_`+6FE>%/&7B'PUHWCC]C&6TT'4'TF9?'_P"V/;?#WQE::K81
MQV^NZ9XA\&6OP:\0IX?U"PUN/4+(V[:O=2%;19)EMYI'M;<`O^!OVD?%/BKQ
M%\-K?^Q/@!XD\$_$/X@:Y\-/^$S^"O[2&H_%W^P/%.C_``L\;?%7[)?Z?_PI
M/P[8/OTGP;Y,L7]MQ7,']N6,_D21/R`<!\4+WX%67[4WCO\`X75\7/\`A5?F
M?`#X"_\`",_\9%>,?@%_;NSXB_M,_P!L_P#(I_$/PM_PEGV+=I7_`!]?;OL'
M]H_NO(_M&3[0`=!^SE=?">[^/GQSD^#GQ%_X6;X97X0?LZ)?:]_PN?Q)\<_L
MFNCQI^TVUSI'_"6^*?&?B:[T[RM/;2[C^R([^*&'[?\`:5MT>_DEG`._^-=M
MXI\9?$SX)^#OAGK/A_1/&W@#Q!K_`,:M:UWQ1X:U'QGX6\->%F^'OC_X0:=8
M:]H&@>+/#U__`,)!XGU;XDW[Z!!/JVDVUW;?#[QG>1W<\OAE]-U$`S_A/9>/
MK#]I'XUP_$7Q+X/\4ZVWP0_9ODM=0\%>!]:\`:5#I1\>?M3+!9W&CZ[\0O&,
M]SJ"7:7TCWB:G!&\=Q!$+2-K=YKH`Y#XS?`_P7XL^)GPS\"MK7Q?O[;XG^(/
MBAXE^+O@[_AH3X^6GA;7/@WI_P`/?$^C^*;;_A'A\2X=$TSP_'\5OB)\&K+^
MPM%M[21K;6/(MK)M$M-56V`V\CG_`(5_#?X76WAC2/BA\2?%'Q?U35O!7[3_
M`,4/"W@?4_$7Q[_:)\46>E:[;_M-?$#X!?"VQ3P]/\0[ZPN/.TG5='\*7$U[
M830W5AJ]^NM236E]J,DP!Q_[8>F7.J_#7]I'6KKX(_M7Q2P_##XG0KXKTS]H
MC2M%^$9MM%\$:OIMGXHD^%VC_M76MO-X/DM+"#4;O2I/`C75_`]Q]NT:YOKR
MXMIP#T#PCX4N="^)_P`//%FE?LP?M7Q:I8ZAJGAB_P#&?Q/_`&J=*\9:5X)\
M&^+M/V:_J"^%M4_:S\9IXHT^36](\(S7NC_V6&\O2XM7M1<ZMX>TRRO`#Q#X
MU?$6^\7_`/"ZM,\.6/B!O&W[07P@\6?!VW\$>(_V>/VR/#O]B_"SPG_PEFE>
M%OB1IFN6/[.FM7_B3Q!INK?&?5[OQ%I*^&++3O\`BO/"VD6^LVDOA:75OB.`
M>/\`[+']L>#/VCDUKPU\)_[*MM(^W?`SQ<G_``J?QWX-\O\`X6%=?!#X@1^*
M/MOPF_X)J?#&PT[^R-)MUC_LWXEWFD;O[1_M"*[T31+A-5\0@'@&M?#GX<:#
MXBO;;Q%\)_#X^%G@KX@?MD>%K<?\*;BETZY\(?!WX6?M3Z?X6L?^$GL?V<OA
MY=^.O$&FZ?X$TBY\YOVG==UN]U70_P"T[B2PUJ&74O"`![A^SCJ/@V3]HKX3
M1>'_`!#X/NO%>M^,-<N+*XB\5R?%*1[F#PO\7/&?BF[O-+\/_P#!5;XK/I.H
M7NB>*_C`+;Q'J?@C6K6RUGXCW]S*ANM=F-X`>O\`Q>^$VJ^(/BI-/JG[._[*
M'CS]H'QKXPL/B/8>&]?^,5S\1=0M=*?X4M\"['5_'?AC4OV3=*U)_P!G#P[%
MI)\5W5O?>(=(CNO%&C06FD:G+K^IZ/HE\`=!\"]`^+=YXW^"'AC2/A+X/\*^
M"_@-I_AN3X@:7>?%.^E\3>%OB'X5^&MS\`=*?QOK5O\`LOZ##XX^)]U\%_%.
MLSSZ3IFHZGI&IZ?X,^&^M:=K_AGPUK&CS_$\`O\`Q#TAO"/@G]H?^S_%OQ?G
M_P"%:_M/_"+P%X'DOOC'^U7XPO-"T+XP>$?V0],\2I<:3\/?C'H_C/XF_8[W
MQYXDUC2_#YUJXF6_OYK?3$B_M*>&Y`*'[//A2ST_XZ>&_`Q\2_$^_P!$G\'_
M`!,^+T<-QHO_``4&_9\MH/&7ASXD?#"ZN)[O0OCU^T)KNA?$W3]>U7XF>(M2
MUNU32;A7N@DFK&9=99+H`O\`B+P'+XS_`&A$UR3Q?X@7PEXA_;>U&P\,:9:Z
M+\.-9\(6GB_P-_P3ZU?21\5?"UYXC\!ZM<W_`,0/!WQ-\#:MH\?VC4M1T33M
M;\#74%SHIU;2;AH@#H/@YX&\9_$[XI^`]0^,7BKQ!\2=6_9^\/ZS_P`+#A^)
M7PH^`9T?1_CY<>(K71=%_P"%.:_I/P3T[Q)X>\/BV\#:I\0X_,U;1-:ET+QE
M\$=:;SK37;JV4`-`^%VC^&];_:I\?^(OCE\7_"]M\'/B^/&5SXV_XH3QEJ.D
M^1^R1\&-5^(WC?\`L/Q7\+O$U@?$&K:3K5Y;XTC0X_[#TK3?^$?\$VGAW1-:
MUS2?$`'X&AX.^%OBO6/BY^RFW[2.NZA\4_'>F_!#XA?%ZXT7QWX9^"[VWPL^
M-OA6^_9\T/4)_`^K?#7X?:).^GVMW\1?$RBUOM7UZQ>ZT7P[JT)?4M`TW4;<
M#8X#]HGP1J%W\:/@QK'Q6B\'^,_$7B+X8?'BZN?"VN_LX_$_]KCX8>!;;3/%
M?[/2Z1X?\#?"WP+<Z3J5KJ%E%JNHK??$[5+2VNM8N+ZZANK;3=.O?#?ASPF!
MMY'?_L>:1HNB_&CX]VNA>'_!_ARTD^&'[/-Q)8^"OV8/'W[)NE2W+>*_VD(W
MN[CX<_$6_N]2UK4&BBAC?Q'!(MK<QP06*()M'G+`'B&B^"/%-[^SQ^SS=+I/
M_"*_#+Q3X`_8"TOQCJ/AWQEJ.G:C\1?%.H_%K]D'2/!?BBS30QI^J^!/'_AC
MP_H_Q(T34=9TVYL[FZTK4?AO)#K6JSZ'%IWPZ`_`^G_V=?AI/X5^*?BJVU_4
M?$&M^+?A)X?USP"_B7Q_\6/C)\1O&/C+PM\0_$6B>+/!_C71]&\>^,I]!\+>
M']0\)>"_#>G:]K&BZ%#;:[X[\,>--,TB'0M)\`I'XH`_`W_BB==\.ZQKM]X<
M^(/A^W^-4W]F>([CQWXLT*S?X9_L]_LV:/X[T_Q!XI3Q+I5]KT,>@>'_`!+X
M9\&ZOIEY=KK%IKWC3Q#937MO>:/X:\`Q2_"@#\#`T3Q1\(/CC^T=#XD^"G[0
M_P#97CWP#X?T"Q^(^@_#_P`6?#_QWX6^-WP6ANM2USP_;MIZW_B'3M)_L+XC
M:WJNFS:W:VVE^)],MM:URQEBM;#QKX8UQP#G]?\`%/QSU_XN_'72?#E]^T_=
M^&?`_P`0/#7A;P_;_!6U_8DM_"VEV=W\%/A)XUOK&_E_:!MX_%%[X@?7?&&K
MWDLRO/8"VU&QAMY`\$\4(!H>&=3^(>JZ?^Q_=?%*/QA%XQA_:O\`CQIDR>/]
M)\):+XR/A[1?AA^V7H_@>3Q#9^`;.U\-3:A)X'L/#DAO_#\3:9?JZWUC-<VU
MY'<3@'V]%I.E0:K>:[#IFGPZWJ.GZ9I.H:Q%9VT>JWVE:+<ZM>:/IEYJ"1B>
MYT^PN]?UV>VMY)&C@DUJ_>)4:\F,@&WD$6DZ5!JMYKL.F:?#K>HZ?IFDZAK$
M5G;1ZK?:5HMSJUYH^F7FH)&)[G3["[U_79[:WDD:."36K]XE1KR8R`;>1GZ!
MX6T+PO\`VTVB6/V6?Q'X@U+Q3K]Y-=7FH:CK&NZIY,<U]J6IZC<3W=WY&GVF
MFZ790R3-#IVE:-I6D:?';:9I5E:6H!G^&_`'@WP?JOB?6_#7A[3]'U3QCJ`U
M/Q%>6B2"2]N?M.H:@T<222,FG:?)K>M>(];DL+);:UDUGQ=XCUJ2%M6\1ZM>
M:@!MY!X;\%:5X;U7Q/X@2XU#6/$GB[4!<ZUXBUN6VN-5;2K&YU"3PQX2L6M+
M2VM]+\'^';34KRVTW2[2"&,27VIZK>&\UW7]:U;6`-O(X#4_V=?A7JOB&/Q'
M=:?XPBEA\8:3X_7P[IGQ5^*VB_#P^,M%\36?C6S\0R?"S1_&UKX-FU"3QI80
M>(;MI-"9;_5WN-3OEN;Z\N)YP#O_`(A>"M*^)7@'QQ\.==N-0M-$\?>#_$O@
MK6+K29;:#5;;2O%6BWNA:A<:9/>6EU!#J$=I?S/"\]M<1K(J%XI%!1@#L*`.
M?UGPMH6OZCX3U;5['[5J'@?Q!<^*?"T_VJ\M_P"R]=N_"WB7P5<7WE6MQ''>
M[_#/C#Q'9^3=I/"/[1\Y8Q<002P@'/\`P]^&^A?#6SUZUT:\\0:I<^)?$!\1
MZYK/BG6[SQ!KNIWEOH6A>$-$2^U6^8S7O]E>"?"GA/08KNY,U_>P^'HK_6+S
M4];OM2U74@#S"Z_9I\/"33KO0_B!\3_"NJ:)XP^(/C_0M2TG6/#.HQZ'XR^(
M_C+XA^*]6\0Z9X=\6^$=9\/1:A;:;\7/B?X7A9]'D6YT;Q>G]K+J>K>&_#.J
M^&P/P.?\`?LK'X<^(?#VO:/\??C??Q>&=/3P_I/A_6[/X#7?A[3_``:_B:3Q
M3J/@30K2W^!MM/X)\'ZA=FRLKBQ\*W6A,NF>'?#.F6TMO8^$?#T.B@'86W[,
MWPGM/%/@?Q:NG>(+S4/`?_"675E'KWB[Q)XJ_P"$EUWQ5J/PYU-/%/Q"U;Q5
MJ6I:U\1/$&A3_"KP0-!E\0ZIJ,.D?\(]H\MI`EQX;\/S:"`=!XP^!W@3QE\1
M_`7Q8O%\0:%X]\`>;96NO^#_`!+K'A&\\4>%I97U)?A_X]FT&ZMI/&'@"/Q-
M'IFOIH=^[VWV_2E5@UAJ6KV6K@&?>?LZ_"NYMM)M[33_`!AX9DTG3Y-,.J>!
M/BK\5OAWXAUZVFU74]?ED\<>)O`GC;2-6^(>H-XBUWQ)K)O_`!1>ZO='4_%O
MB+4?.^W>(=4GOP`TG]GSP'HNJZ9K%GK_`,;YKO2=0L]3M8=6_::_:1U_2I;F
MPN8[J"/4]"UWXKW>FZUI[2Q*LUAJ%I=6MS&7AN(989'1@#0A^!?PXTS^S;SP
MWHW_``C'B;0?#^M:'X=\:V#1:MXIT>\US^WY9_&,]WXN@UBT\6?$"'4/%WC6
M_B\1^*;/7K\W/Q`\9--+,GC7Q''K8&WE8SW_`&?/AY!JO@#6-!;QAX.N_`.H
M1WC-X.\=^+?#LGQ"MHKGQ#K$>D_&"\L=66\^*^GGQEXGUCQ5*_B6YU"ZNM9U
M36+F[N;B'Q1XCM_$`!T%U\&_AY>^)I?%EUH^H2ZI<^,+?Q_J%HWBGQ:OAG6/
M&5CX>\%>&-'\0Z]X*371X>U_4-'TWX=>"IM(;4=+NETC4-!AU?3%M-6DFO9@
M"_IWPJ^'&C_$?Q%\7=,\%^'['XF>+/#^D>%O$GC6WL(H]=U;0M#E>73[&YN@
M/^O..>9%2:[AT/1(+N2>#0=,CL`#0O?!6E7WC[PS\19;C4$UOPKX/\<>"M.M
M8I;9=*FTKQ]K7P]UW6+B\@:T:>34(;OX:Z$EL\5S#&D=W?B6*9I87M0#D/AI
M\#O`GPFUWQOK_@]?$$4WC;_A&K(Z;JWB76-8T+P=X6\'V=_#X8^'_P`/-$U"
MZDM/!7@#2]0UWQ5J5EH>G1QVUG-XJOK:T$.F6VFZ?I8&QGWGP"\&WWP2\&?`
M2?5/&$7@WP/I_P`)-,TO5-,\02:#XREMO@UKGA'7_#,DGB;0+:RGTS4+F[\&
M:6MW?Z,NEW2+/<2:=-I]SY$]J`=!K7P4^$?B"Y^%]UK'PY\'WDOP5U"#4_A0
MAT.Q@MO`-S::4NCV4?ANSMHH[>PT^UM(=/DM[!8C:P76A:+?0PI?:'IMQ9`'
M/^)/V:/V>O&7C+6_B#XS^"?PP\8^,?$6GZ'IFLZYXM\%:!XFN;VV\.1WT&D2
M-#K=C=6\.H1VE^;26_AACNKFUT_2[2ZFFMM&TZ*R`._B\`>#8?'UY\4E\/:>
M?B#?>#],\`3^*Y$DFU6/P;I.M:MXBM?#UE)-(R:;I\FMZU>7ERMHD#7LD-@;
MQIQI=B+,`["@#C[SP!X-O_&6D_$&]\/:?/XQT/3Y-,TO7)$D^TV]LT>IP6\C
DPK(+>YU"PM-?\4VFGW\\,MUIMKXV\56FGS6UMXJUF+4P#__9
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-5.1
<SEQUENCE>4
<FILENAME>jun2805_ex0501.htm
<TEXT>
<html>
<head>
<title></title>
</head>
<body>
<font size="2" face="serif"><br>
</font>
<P align="right"> <FONT size="2" face="serif">Exhibit 5.1<BR>
</FONT></P>
<P align="right"> <FONT size="2" face="serif">October 31, 2005<BR>
</FONT></P>
<FONT size="2" face="serif">Advanced Semiconductor Engineering, Inc.<BR>
26 Chin Third Road<BR>
Nantze Export Processing Zone <BR>
Nantze, Kaohsiung, Taiwan<BR>
Republic of China<BR>
</FONT>
<P align="center"> <font size="2" face="serif"><B>Re: Advanced Semiconductor Engineering, Inc.</B><BR>
      <B><U>2004 Employee Stock Option Plan</U></B><BR>
</font></P>
<FONT size="2" face="serif">Ladies and Gentlemen:<BR>
</FONT>
<P> <FONT size="2" face="serif">We act as special Republic of China (&#147;ROC&#148;)
    counsel for Advanced Semiconductor Engineering, Inc. (the &#147;Company&#148;),
    a company limited by shares organized under the laws of the ROC, in connection
    with the registration of 139,917,000 common shares of the Company, par value
    NT&#36;10
    per share (the &#147;Common Shares&#148;), under the United States Securities
    Act of 1933, as amended (the &#147;Act&#148;), as described in the registration
    statement on Form S-8 (the &#147;Registration Statement&#148;) filed with
    the United States Securities and Exchange Commission on the date hereof,
    for issuance under the Advanced Semiconductor Engineering, Inc. 2004 Employee
    Stock Option Plan.</FONT></P>
<P> <FONT size="2" face="serif">We have examined originals or copies, certified or otherwise identified to our satisfaction, of such documents and records of the Company as we have deemed necessary as a basis for the opinions hereinafter expressed. In such examination, we have assumed the genuineness of all signatures, the authenticity of all documents submitted to us as originals, the accuracy and completeness of all documents submitted to us as copies and the authenticity of the originals of such latter documents. As to matters of fact material to this opinion, we have made due inquiries with and relied on the statements of officers and other representatives of the Company, public officials or others.</FONT></P>
<P> <FONT size=2 face="serif"></FONT></P>
<font size="2" face="serif"><br>
<br>
</font>
<hr size=3 color=GRAY noshade>
<font size="2" face="serif"><PAGE><br>
<br>
</font>
<P> <FONT size="2" face="serif">Based upon the foregoing, we are of the opinion that:</FONT></P>
<TABLE border=0 cellspacing=0 cellpadding=0>
  <TR>
    <TD nowrap valign=top> <FONT size="2" face="serif">1.&nbsp; &nbsp; &nbsp; </FONT></TD>
    <TD width=100%> <FONT size="2" face="serif">The Company has been duly incorporated and is validly existing as a company limited by shares under the laws of the ROC.</FONT> </TD>
  </TR>
  <TR>
    <TD colspan=2>&nbsp;</TD>
  </TR>
  <TR>
    <TD nowrap valign=top> <FONT size="2" face="serif">2.&nbsp; &nbsp; &nbsp; </FONT></TD>
    <TD width=100%> <FONT size="2" face="serif">The Common Shares have been duly authorized, and when issued, delivered and paid for in the manner described in the Registration Statement, will be validly issued, fully paid and non-assessable.</FONT> </TD>
  </TR>
</TABLE>
<P> <FONT size="2" face="serif">We hereby consent to the use of this opinion in, and the filing hereof as an Exhibit to, the Registration Statement. In giving such consent, we do not thereby admit that we come within the category of person whose consent is required under Section 7 of the Act or the regulations promulgated thereunder.</FONT></P>
<br>

  <TABLE width="50%" border=0 cellpadding=0 cellspacing=0>
    <TR valign="bottom">
      <TD align=left><font size="2" face="serif">Sincerely yours,&nbsp;</font></TD>
    </TR>
    <TR valign="bottom">
      <TD align=left>&nbsp;</TD>
    </TR>
    <TR valign="bottom">
      <TD align=left><font size="2" face="serif">LEE AND LI&nbsp; </font></TD>
    </TR>
    <TR valign="bottom">
      <TD align=left>&nbsp;</TD>
    </TR>
    <TR valign="bottom">
      <TD width=92% align=left> <font size="2" face="serif"> /s/ C.T. Chang </font></TD>
    </TR>
    <TR>
      <TD width="95%">
        <HR align="left" width="60%" size=1 noshade>
      </TD>
    </TR>
    <TR>
         <TD><font size="2" face="serif">C.T. Chang </font></TD>
    </TR>
  </TABLE>
 <BR>
<br>
<br>

<hr size=3 color=GRAY noshade>
<br>
<br>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.2
<SEQUENCE>5
<FILENAME>jun2805_ex2302.htm
<TEXT>
<html>
<head>
<title></title>
</head>
<body>
<font size="2" face="serif"><br>
</font>
<P align="right"> <FONT size="2" face="serif">Exhibit 23.2<BR>
</FONT></P>
<P align="center"> <FONT size="2" face="serif">CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</FONT></P>
<P> <FONT size="2" face="serif">We consent to the incorporation by reference in this Registration Statement of Advanced Semiconductor Engineering, Inc. on Form S-8 of our report dated February 1, 2005 appearing in the Annual Report on Form 20-F of Advanced Semiconductor Engineering, Inc. for the year ended December 31, 2004, which report expresses an unqualified opinion and includes an explanatory paragraph which explains that accounting principles generally accepted in the Republic of China vary in certain significant respects from accounting principles generally accepted in the United States of America.</FONT></P>
<p><FONT size="2" face="serif">/s/ Deloitte &amp; Touche<BR>
  Deloitte &amp; Touche<BR>
  Kaohsiung, Taiwan<BR>
  The Republic of China</FONT></p>
<p><FONT size="2" face="serif"><BR>
October 31, 2005</FONT></p>
<font size="2" face="serif"><br>
<br>
</font>
<hr size=3 color=GRAY noshade>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>6
<FILENAME>jun2805_ex9901.htm
<TEXT>
<html>
<head>
<title></title>
</head>
<body>
<P align="right"><FONT size="2" face="serif">Exhibit 99.1<BR>
</FONT></P>
<P align="center"> <font size="2" face="serif"><B>Advanced Semiconductor Engineering, Inc.<br>
  2004 Employee Stock Option Plan<br>
  (Translation of Chinese)</B></font></P>
<TABLE border=0 cellspacing=0 cellpadding=0>
  <TR>
    <TD nowrap valign=top> <font size="2" face="serif"><B>1.</B>&nbsp; &nbsp; &nbsp; </font></TD>
    <TD width=100%> <font size="2" face="serif"><B>Purpose</B> </font></TD>
  </TR>
  <TR>
    <TD colspan=2>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD width=100%> <FONT size="2" face="serif">The purpose of the 2004 Employee Stock Option Plan (the &#147;Plan&#148;) of Advanced Semiconductor Engineering, Inc. (the &#147;Company&#148;) is to promote the interests of the Company and its shareholders by attracting and retaining skilled employees, providing incentives for employees and boosting employee loyalty. The Plan complies with Article 28.3 of the Securities and Exchange Law and the Guidelines for the Offering and Issuance of Securities by Issuers issued by the Securities and Futures Commission of the Ministry of Finance and other applicable laws and regulations.</FONT> </TD>
  </TR>
  <TR>
    <TD colspan=2>&nbsp;</TD>
  </TR>
  <TR>
    <TD nowrap valign=top> <font size="2" face="serif"><B>2.</B>&nbsp; &nbsp; &nbsp; </font></TD>
    <TD width=100%> <font size="2" face="serif"><B>Grant Period</B> </font></TD>
  </TR>
  <TR>
    <TD colspan=2>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD width=100%> <FONT size="2" face="serif">The Company may grant options in one or more tranches within one (1) year from the date of receipt of notice from the competent regulatory authority indicating that the Company&#146;s filing of the Plan with such regulatory authority has become effective. The actual grant date(s) of the options shall be decided by the Chairman of the Board of Directors (the &#147;Chairman&#148;).</FONT> </TD>
  </TR>
  <TR>
    <TD colspan=2>&nbsp;</TD>
  </TR>
  <TR>
    <TD nowrap valign=top> <font size="2" face="serif"><B>3.</B>&nbsp; &nbsp; &nbsp; </font></TD>
    <TD width=100%> <font size="2" face="serif"><B>Eligibility</B> </font></TD>
  </TR>
  <TR>
    <TD colspan=2>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD width=100%> <FONT size="2" face="serif">All full-time employees of the Company or any of its subsidiaries are eligible to participate in the Plan. Subject to approval by the Board of Directors, which employees will be granted options and the number of options to be granted to each such employee will be determined by the Chairman, taking into account a number of factors, including seniority, rank, job performance, contribution and special achievement.</FONT> </TD>
  </TR>
  <TR>
    <TD colspan=2>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD width=100%> <FONT size="2" face="serif">The term &#147;subsidiaries&#148; in paragraph 1 of this Section shall refer to companies in which the Company directly or indirectly holds more than fifty percent of the total number of outstanding voting shares according to No.5 of the Statements of Financial Accounting Standards of the Republic of China (&#147;ROC GAAP&#148;).</FONT> </TD>
  </TR>
  <TR>
    <TD colspan=2>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD> <font size="2" face="serif">The total number of options granted to any
              optionee in any tranche shall not exceed ten percent (10%) of all
              options issued in such tranche. The total number of common shares
              any single optionee may purchase through the exercise of options
              in each fiscal year shall not exceed one percent (1%) of all outstanding
          common shares of the Company at the end of such year.</font></TD>
  </TR>
</TABLE>
<P>&nbsp;</P>
<P align="center"> <FONT size=2 face="serif">1<BR>
</FONT></P>
<font size="2" face="serif"><br>
<br>
</font>
<hr size=3 color=GRAY noshade>
<font size="2" face="serif"><PAGE><br>
<br>
</font>
<TABLE border=0 cellspacing=0 cellpadding=0>
  <TR>
    <TD nowrap valign=top> <font size="2" face="serif"><B>4.</B>&nbsp; &nbsp; &nbsp; </font></TD>
    <TD width=100% colspan=2> <font size="2" face="serif"><B>Total Number of Options to be Granted</B> </font></TD>
  </TR>
  <TR>
    <TD colspan=3>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD width=100% colspan=2> <FONT size="2" face="serif">The total number of options authorized to be issued under the Plan is 140,000,000 units. Each option entitles its holder to subscribe for one share of the Company&#146;s common stock. The total number of common shares of the Company to be reserved for issuance upon the exercise of options shall be 140,000,000 common shares.</FONT> </TD>
  </TR>
  <TR>
    <TD colspan=3>&nbsp;</TD>
  </TR>
  <TR>
    <TD nowrap valign=top> <font size="2" face="serif"><B>5.</B>&nbsp; &nbsp; &nbsp; </font></TD>
    <TD width=100% colspan=2> <font size="2" face="serif"><B>Terms and Conditions</B> </font></TD>
  </TR>
  <TR>
    <TD colspan=3>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%" valign=top> <FONT size="2" face="serif">1.&nbsp; &nbsp; &nbsp; </FONT></TD>
    <TD width=90%> <FONT size="2" face="serif">Exercise price: The exercise price of options shall be the closing market price of the Company&#146;s common shares on the day the options are granted.</FONT> </TD>
  </TR>
  <TR>
    <TD colspan=3>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD width="5%" valign=top nowrap> <FONT size="2" face="serif">2.&nbsp; &nbsp; &nbsp; </FONT></TD>
    <TD> <FONT size="2" face="serif">Vesting schedule: Options will expire ten (10) years from their grant date (the &#147;Expiry Date&#148;). Options may not be transferred, except by inheritance. Any options not exercised by the Expiry Date will be deemed forfeited and will lapse. Options will begin to vest two (2) years after the grant date (the &#147;Waiting Period&#148;) and may be exercised according to the following schedule and percentage:</FONT> </TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
</TABLE>
<div align="center">
  <TABLE width="50%" border=1 cellpadding=0 cellspacing=0 bordercolor="#000000">
    <TR valign="bottom">
      <TD align=center> <FONT size="2" face="serif">Number of Years after the<br>
&nbsp; Grant Date </FONT></TD>
      <TD align=center> <FONT size="2" face="serif">Cumulative Percentage of<br>
        Options Vested </FONT></TD>
    </TR>
    <TR valign="bottom">
      <TD align=left> <font size="2" face="serif">&nbsp; </font> <FONT size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2&nbsp;years</FONT></TD>
      <TD align=right> <FONT size="2" face="serif">40 %&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></TD>
    </TR>
    <TR valign="bottom">
      <TD align=left> <font size="2" face="serif">&nbsp; </font><font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.5&nbsp;years</font></TD>
      <TD align=right> <FONT size="2" face="serif">50</FONT> <FONT size="2" face="serif">%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></TD>
    </TR>
    <TR valign="bottom">
      <TD align=left> <font size="2" face="serif">&nbsp; </font> <FONT size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3&nbsp;years</FONT></TD>
      <TD align=right> <FONT size="2" face="serif">60</FONT> <FONT size="2" face="serif">%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></TD>
    </TR>
    <TR valign="bottom">
      <TD align=left> <font size="2" face="serif">&nbsp; </font><font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.5 &nbsp;years</font></TD>
      <TD align=right> <FONT size="2" face="serif">70</FONT> <FONT size="2" face="serif">%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></TD>
    </TR>
    <TR valign="bottom">
      <TD align=left> <font size="2" face="serif">&nbsp; </font> <FONT size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4&nbsp; years</FONT></TD>
      <TD align=right> <FONT size="2" face="serif">80</FONT> <FONT size="2" face="serif">%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></TD>
    </TR>
    <TR valign="bottom">
      <TD align=left> <font size="2" face="serif">&nbsp; </font><font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.5&nbsp;years</font></TD>
      <TD align=right> <FONT size="2" face="serif">90</FONT> <FONT size="2" face="serif">%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></TD>
    </TR>
    <TR valign="bottom">
      <TD align=left> <font size="2" face="serif">&nbsp; </font> <FONT size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5&nbsp;years</FONT></TD>
      <TD align=right> <FONT size="2" face="serif">100</FONT> <FONT size="2" face="serif">%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></TD>
    </TR>
  </TABLE>
  <font size="2" face="serif"><BR>
</font> </div>
<TABLE border=0 cellspacing=0 cellpadding=0>
  <TR>
    <TD width="5%" valign=top>&nbsp;</TD>
    <TD width="5%" valign=top> <FONT size="2" face="serif">3.</FONT></TD>
    <TD width=90%> <FONT size="2" face="serif">The Company shall have the right to revoke and cancel any unvested options in the event of violation by the optionee of his or her employment contract or company work rules, other material misconduct or unsatisfactory performance.</FONT> </TD>
  </TR>
  <TR>
    <TD width="0">&nbsp;</TD>
    <TD width="0">&nbsp;</TD>
    <TD width="0">&nbsp;</TD>
  </TR>
  <TR>
    <TD width="0" valign=top>&nbsp;</TD>
    <TD width="0" valign=top> <FONT size="2" face="serif">4.</FONT></TD>
    <TD width=0> <FONT size="2" face="serif">Type of Shares Underlying the Options: Common shares of the Company shall be the underlying shares of the options.</FONT> </TD>
  </TR>
  <TR>
    <TD width="0">&nbsp;</TD>
    <TD width="0">&nbsp;</TD>
    <TD width="0">&nbsp;</TD>
  </TR>
  <TR>
    <TD width="0" valign=top>&nbsp;</TD>
    <TD width="0" valign=top> <FONT size="2" face="serif">5. </FONT></TD>
    <TD width=0> <FONT size="2" face="serif">Optionees whose employment is terminated shall exercise their options in accordance with the following provisions:</FONT> </TD>
  </TR>
  <TR>
    <TD width="0">&nbsp;</TD>
    <TD width="0">&nbsp;</TD>
    <TD width="0">&nbsp;</TD>
  </TR>
</TABLE>
<P align="center"> <FONT size=2 face="serif">2<BR>
</FONT></P>
<font size="2" face="serif"><br>
<br>
</font>
<hr size=3 color=GRAY noshade>
<font size="2" face="serif"><PAGE><br>
<br>
</font>
<P>&nbsp; </P>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr align="left" valign="top">
    <td width="5%">&nbsp;</td>
    <td width="5%">&nbsp;</td>
    <td width="5%"><font size="2" face="serif">(1)</font></td>
    <td width="85%"><font size="2" face="serif"> Voluntary Resignation, Lay-Off and Dismissal:</font></td>
  </tr>
  <tr align="left" valign="top">
    <td width="5%">&nbsp;</td>
    <td width="5%">&nbsp;</td>
    <td width="5%">&nbsp;</td>
    <td width="85%">&nbsp;</td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td> <FONT size="2" face="serif">Vested options may be exercised for a period of three (3) months after the date of termination of employment. Unvested options will lapse on the employment termination date.</FONT></td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><FONT size="2" face="serif">(2)</FONT></td>
    <td><FONT size="2" face="serif"> Retirement:</FONT></td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td> <FONT size="2" face="serif">Upon retirement, optionees are entitled to exercise all subscription rights of the options granted to them. Except being subject to the Waiting Period, options may be exercised regardless of the vesting schedule set forth in Section 5.2 above.</FONT></td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><FONT size="2" face="serif">(3)</FONT></td>
    <td> <FONT size="2" face="serif">Unpaid Leave:</FONT> </td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td> <FONT size="2" face="serif">Vested options may be exercised for a period of three (3) months from the effective date of unpaid leave. Options not exercised within this three-month period may not be exercised until the optionee returns to work. With respect to unvested options, the calculation of years and percentages set forth in Section 5.2 above shall be suspended during the period of leave and shall be resumed after the optionee returns to work, subject to the ten-year limit set forth in Section 5.2 above.</FONT> </td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><FONT size="2" face="serif">(4)</FONT></td>
    <td> <FONT size="2" face="serif">Death:</FONT> </td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td> <FONT size="2" face="serif">Following the death of an optionee, options that were granted to the optionee may be exercised by his or her heir(s). Except being subject to the Waiting Period, options may be exercised regardless of the vesting schedule set forth in Section 5.2 above.</FONT> </td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><FONT size="2" face="serif">(5)</FONT></td>
    <td> <FONT size="2" face="serif">Death or Disability Caused by Occupational Injury:</FONT></td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
</table>
<table width="100%" border="0" cellpadding="0" cellspacing="0">
  <tr align="left" valign="top">
    <td width="5%">&nbsp;</td>
    <td width="5%">&nbsp;</td>
    <td width="5%">&nbsp;</td>
    <td width="5%"><FONT size="2" face="serif">(a)</FONT></td>
    <td width="80%"> <FONT size="2" face="serif">Except being subject to the Waiting Period, an optionee unable to work due to occupational injury may, upon termination of employment, exercise his or her options regardless of the vesting schedule set forth in Section 5.2 above.</FONT> </td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><FONT size="2" face="serif">(b)</FONT></td>
    <td> <FONT size="2" face="serif">Except being subject to the Waiting Period, the heir(s) of any optionee whose death was due to occupational</FONT> </td>
  </tr>
</table>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P align="center"> <FONT size=2 face="serif">3<BR>
</FONT></P>
<font size="2" face="serif"><br>
<br>
</font>
<hr size=3 color=GRAY noshade>
<font size="2" face="serif"><PAGE><br>
<br>
</font>
<P>&nbsp; </P>
<table width="100%" border="0" cellpadding="0" cellspacing="0">
  <tr align="left" valign="top">
    <td width="5%">&nbsp;</td>
    <td width="5%">&nbsp;</td>
    <td width="5%">&nbsp;</td>
    <td width="85%"><FONT size="2" face="serif">injury may exercise the options that were granted to the optionee regardless of the vesting schedule set forth in Section 5.2 above.</FONT></td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <TD nowrap> <FONT size="2" face="serif">(6)&nbsp; &nbsp; &nbsp; </FONT></TD>
    <TD> <FONT size="2" face="serif">Transfer to Affiliates:</FONT> </TD>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><FONT size="2" face="serif">If an optionee is transferred to an affiliate of the Company at the request of the Company for business reasons, the optionee&#146;s rights and obligations with respect to his or her options shall not be affected by the transfer.</FONT> </td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <TD nowrap> <FONT size="2" face="serif">(7)&nbsp; &nbsp; &nbsp; </FONT></TD>
    <TD> <FONT size="2" face="serif">Options not exercised by an optionee or his or her heir(s) during the periods specified above shall be deemed forfeited and will lapse.</FONT> </TD>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <TD nowrap> <FONT size="2" face="serif">6.&nbsp; &nbsp; &nbsp; </FONT></TD>
    <TD colspan="2"> <FONT size="2" face="serif">Lapsed Options:</FONT> </TD>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td colspan="2"> <FONT size="2" face="serif">Lapsed options will be cancelled by the Company and will not be reissued.</FONT> </td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr align="left" valign="top">
    <td><font size="2" face="serif"><B>6.</B>&nbsp;</font></td>
    <td colspan="3"> <font size="2" face="serif"><B>Manner of Settlement</B> </font></td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td colspan="3"> <FONT size="2" face="serif">The Company will issue new common shares to settle the exercise of options.</FONT> </td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr align="left" valign="top">
    <td><font size="2" face="serif"><B>7.</B></font></td>
    <td colspan="3"><font size="2" face="serif"><B>Adjustment of Exercise Price</B> </font></td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <TD nowrap> <FONT size="2" face="serif">1.&nbsp; &nbsp; &nbsp; </FONT></TD>
    <TD colspan="2"> <FONT size="2" face="serif">The exercise price of options shall be subject to adjustment in accordance with the following formula (to the nearest NT&#36;0.1, with NT&#36;0.05 being rounded to the next NT&#36;0.1) upon the occurrence of changes in the Company&#146;s paid-in capital as a result of capitalization of retained earnings or capital reserves.</FONT> </TD>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td colspan="2"> <FONT size="2" face="serif">NEP = OEP x N / [N + n]</FONT> </td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><FONT size="2" face="serif">Where:</FONT></td>
    <td> <FONT size="2" face="serif">&nbsp;NEP&nbsp; </FONT> <FONT size="2" face="serif">=&nbsp; </FONT> <FONT size="2" face="serif">the exercise price after adjustment&nbsp; </FONT></td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td> <FONT size="2" face="serif">&nbsp;OEP&nbsp; </FONT> <FONT size="2" face="serif">=&nbsp; </FONT> <FONT size="2" face="serif">the exercise price before adjustment&nbsp; </FONT></td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td> <FONT size="2" face="serif">&nbsp;N = the number of outstanding common shares&nbsp; </FONT></td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td> <FONT size="2" face="serif">&nbsp;n = the number of new common shares&nbsp; </FONT></td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <TD nowrap> <FONT size="2" face="serif">2.&nbsp; &nbsp; &nbsp; </FONT></TD>
    <TD colspan="2"> <FONT size="2" face="serif">The exercise price of options shall be subject to adjustment in accordance with the following formula (to the nearest NT&#36;0.1, with NT&#36;0.05 being rounded to the next NT&#36;0.1) upon the occurrence of a decrease in the Company&#146;s paid-in capital as a result of capital reduction other than the cancellation of treasury shares.</FONT> </TD>
  </tr>
</table>
<P>&nbsp;</P>
<font size="2" face="serif"><BR>
</font>
<P align="center"> <FONT size=2 face="serif">4<BR>
</FONT></P>
<font size="2" face="serif"><br>
<br>
</font>
<hr size=3 color=GRAY noshade>
<font size="2" face="serif"><PAGE><br>
<br>
</font>
<table width="100%" border="0" cellpadding="0" cellspacing="0">
  <tr align="left" valign="top">
    <td width="5%">&nbsp;</td>
    <td width="5%">&nbsp;</td>
    <td colspan="2"><font size="2" face="serif">NEP = OEP x N1 / N2</font></td>
  </tr>
  <tr align="left" valign="top">
    <td width="5%">&nbsp;</td>
    <td width="5%">&nbsp;</td>
    <td width="5%">&nbsp;</td>
    <td width="85%">&nbsp;</td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td> <FONT size="2" face="serif">Where:&nbsp; </FONT></td>
    <td> <FONT size="2" face="serif">NEP = the exercise price after adjustment</FONT></td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td> <FONT size="2" face="serif">OEP = the exercise price before adjustment</FONT></td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td> <FONT size="2" face="serif">N1 = the number of outstanding common shares <FONT size="2" face="serif">before capital reduction</FONT></FONT></td>
  </tr>
  <tr align="left" valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td> <FONT size="2" face="serif">N2 = the number of outstanding common shares <FONT size="2" face="serif">after capital reduction</FONT>&nbsp; </FONT></td>
  </tr>
</table>
<font size="2" face="serif"><BR>
</font>
<TABLE border=0 cellspacing=0 cellpadding=0>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD width=100% colspan=2> <FONT size="2" face="serif">Notes:</FONT> </TD>
  </TR>
  <TR>
    <TD colspan=3>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD width=100% colspan=2> <FONT size="2" face="serif">(1) The number of outstanding common shares does not include the number of common shares that may be redeemed upon conversion of outstanding convertible bonds and does not include the number of treasury shares yet to be transferred or cancelled by the Company.</FONT> </TD>
  </TR>
  <TR>
    <TD colspan=3>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD width=100% colspan=2> <FONT size="2" face="serif">(2)The exercise price will not be adjusted in the event of issuance of new common shares in connection with mergers.</FONT> </TD>
  </TR>
  <TR>
    <TD colspan=3>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="5%" valign=top> <font size="2" face="serif"><B>8.</B>&nbsp; &nbsp; &nbsp; </font></TD>
    <TD width=90% colspan=2> <font size="2" face="serif"><B>Procedures for the Exercise of Options</B></font></TD>
  </TR>
  <TR>
    <TD colspan=3>&nbsp;</TD>
  </TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%" valign=top> <FONT size="2" face="serif">1.</FONT></TD>
    <TD width=90%> <FONT size="2" face="serif">Optionees may exercise their options in accordance with the Plan by submitting a written notice (the &#147;Exercise Notice&#148;) to the Company, except (i) during periods in which the Company&#146;s shareholders&#146; register is closed as required by relevant laws and regulations and (ii) during the period from three (3) business days prior to the date of the Company&#146;s public announcement to close its shareholder&#146;s register filed with the Taiwan Stock Exchange in connection with stock dividends, cash dividends or rights offerings until the record date.</FONT> </TD>
  </TR>
  <TR>
    <TD colspan=3>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD nowrap valign=top> <FONT size="2" face="serif">2.</FONT></TD>
    <TD width=100%> <FONT size="2" face="serif">Upon receipt of the Exercise Notice, the Company will instruct the optionee to make payment to a designated bank. The Exercise Notice becomes irrevocable once payment has been made.</FONT> </TD>
  </TR>
  <TR>
    <TD colspan=3>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD valign=top> <FONT size="2" face="serif">3.</FONT></TD>
    <TD width=100%> <FONT size="2" face="serif">Upon confirmation of payment,
              the Company shall instruct its stock affairs agent to record the
              name of, and the number of shares acquired by, the optionee in
              the Company&#146;s shareholders&#146; register, and shall, within five
              (5) business days, issue common shares in book-entry form to such
              optionee through the central depositary clearance system.</FONT> </TD>
  </TR>
  <TR>
    <TD colspan=3>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD nowrap valign=top> <FONT size="2" face="serif">4.&nbsp; &nbsp; &nbsp; </FONT></TD>
    <TD width=100%> <FONT size="2" face="serif">The common shares are tradable on the Taiwan Stock Exchange upon delivery to the optionee.</FONT> </TD>
  </TR>
  <TR>
    <TD colspan=3>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD valign=top> <FONT size="2" face="serif">5.&nbsp; &nbsp; &nbsp; </FONT></TD>
    <TD width=100%> <FONT size="2" face="serif">The Company shall register the
              change in paid-in capital resulting from the exercise of options
              with the competent regulatory authority within fifteen (15) days
          of the end of each quarter.</FONT>  </TD>
  </TR>
  <TR>
    <TD colspan=3>&nbsp;</TD>
  </TR>
</TABLE>
<P align="center"> <FONT size=2 face="serif">5<BR>
</FONT></P>
<font size="2" face="serif"><br>
<br>
</font>
<hr size=3 color=GRAY noshade>
<font size="2" face="serif"><PAGE><br>
<br>
</font>
<TABLE border=0 cellspacing=0 cellpadding=0>
  <TR>
    <TD width="5%" valign=top> <font size="2" face="serif"><B>9.</B></font></TD>
    <TD colspan=2> <font size="2" face="serif"><B>Rights and Obligations after Exercise of Options</B> </font></TD>
  </TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="90%">&nbsp;</TD>
  </TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD colspan=2> <font size="2" face="serif">Common shares delivered to optionees upon the exercise of options shall have the same rights and obligations as the Company&#146;s common shares.</font> </TD>
  </TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="90%">&nbsp;</TD>
  </TR>
  <TR>
    <TD width="5%" valign=top> <font size="2" face="serif"><B>10.</B>&nbsp;</font></TD>
    <TD colspan=2> <font size="2" face="serif"><B>Confidentiality</B> </font></TD>
  </TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="90%">&nbsp;</TD>
  </TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD colspan=2> <FONT size="2" face="serif">Optionees shall keep confidential information relating to their options and the number thereof, unless otherwise required by applicable law or a competent regulatory authority. In the event of breach of this provision, the Company may act in accordance with Section 5.3 above.</FONT> </TD>
  </TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="90%">&nbsp;</TD>
  </TR>
  <TR>
    <TD width="5%" valign=top> <font size="2" face="serif"><B>11.</B></font></TD>
    <TD colspan=2> <font size="2" face="serif"><B>Implementation Rules</B> </font></TD>
  </TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="90%">&nbsp;</TD>
  </TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD colspan=2> <FONT size="2" face="serif">The Company will notify optionees under separate cover regarding the procedures and timeframes for the grant of options, the number of options granted, the exercise of options and payment in connection with the exercise of options.</FONT> </TD>
  </TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="90%">&nbsp;</TD>
  </TR>
  <TR>
    <TD width="5%" valign=top> <font size="2" face="serif"><B>12.</B></font></TD>
    <TD colspan=2> <font size="2" face="serif"><B>Miscellaneous</B> </font></TD>
  </TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="90%">&nbsp;</TD>
  </TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%" valign=top> <FONT size="2" face="serif">1.&nbsp; &nbsp; &nbsp; </FONT></TD>
    <TD width=90%> <FONT size="2" face="serif">The Plan, and its amendments, shall become effective upon approval of the Board of Directors and registration with the competent regulatory authority.</FONT> </TD>
  </TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="90%">&nbsp;</TD>
  </TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%" valign=top> <FONT size="2" face="serif">2.&nbsp; &nbsp; &nbsp; </FONT></TD>
    <TD width=90%> <FONT size="2" face="serif">Matters not specified herein shall be governed by applicable laws and regulations.</FONT> </TD>
  </TR>
  <TR>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="90%">&nbsp;</TD>
  </TR>
</TABLE>
<P align="center"> <FONT size=2 face="serif">6</FONT></P>
</body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
