Letter To Shareholders - Mitac

Item
Notional Amount
(in thousands)
Fair Market Value
December 31, 2008
Contract Terms
Trade date Strike Rate Settlement Date
Sales of forward foreign exchange USD 31,000 ( NTD 445) 2008.10.13~2008.12.11 32.152~33.33 2009.1.15~2009.1.23
″ EUR 20,400 ( NTD 77,346) 2008.10.30~2008.12.12 41.541~44.524 2009.1.5~2009.3.16
″ JPY 50,000 NTD 42 2008.12.23 0.365 2009.2.26
″ AUD 13,000 ( NTD 9,732) 2008.10.16~2008.12.24 21.83~22.352 2009.1.12~2009.3.16
″ NZD 1,300 ( NTD 1,514) 2008.11.14~2008.12.8 17.697~18.602 2009.1.12~2009.1.23
Purchase of forward foreign exchange USD 16,000 NTD 11,977 2008.10.13~2008.10.17 31.962~32.252 2009.1.15~2009.1.21
Interest rate SWAP NTD 500,000 NTD 1,045 2004.5.25 Note 2009.5.25
Note : On exercise of SWAP, the amount of cash outflow is calculated at a fixed rate of 1.6%, and the amount of cash inflow is calculated using a floating rate (6-month
USD-LIBOR-BBA), observed as follows:
If 6M LIBOR2.0%, the floating rate is 4.5% less 6M LIBOR, which is above or equal to 0%.
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