Science-Based Industrial Park, Hsinchu, Taiwan, R.O.C. May 17, 2002 - Sunplus Technology Co., Ltd. (SUNPLUS or the "Company") (TAIEX: 2401, FTSE : SUPD), today held the annual shareholders meeting, at which the shareholders approved the distribution of a stock dividends of NT$2.5 plus a cash dividend of NT$1.5 per common share. The other major conclusions of this shareholders' meeting are as follow：

1. Shareholders accepted the financial results for 2001. Net sales for FY2001 was NT$6,639 million and net income was NT$2,132 million, with an earnings per share of NT$4.03。

2. Shareholders approved the capitalization of dividends and employee profit sharing to be distributed from fiscal year 2001 profits and capital reserves. Issuance of 150,207,633 common shares as stock dividends by allocating NT$1.502 billion from retained earnings (including employees stock bonuses of 14 million shares). The total outstanding shares will become 694.9 million shares.