Press Release
Sunplus Shareholders Meeting Approved NT$2 Cash Dividend and 5% Stock Dividend
Science-Based Industrial Park, Hsinchu, Taiwan, R.O.C. June 13th, 2005 - Sunplus Technology Co., Ltd. (SUNPLUS or the "Company") (TAIEX: 2401, LSE: SUPD), today held the annual shareholders meeting, at which the shareholders approved the distribution of NT$2 cash dividend per common share plus 5% stock dividend. According this proposal, GDR holders will get NT$4 cash dividend per GDR share for each GDR share represents 2 common Sunplus shares and 5% stock dividend.

The major resolutions of this shareholders' meeting are as follow:

  1. Shareholders accepted the financial results for 2004. Net sales for FY2004 were NT$18,940 million and net income was NT$2,738 million, with an earnings per share of NT$3.15.
  2. Shareholders approved the capitalization of dividends and employee profit sharing to be distributed from fiscal year 2004 profits and capital reserves. The company will distribute NT$2.0 cash dividend per common share from profits and 5% stock dividend as 30 shares per 1,000 shares from profits also 20 shares per 1,000 shares from capital surplus, and issue 22,500,000 shares as employee stock bonus plus employee cash bonus NT$25million from earnings. Issuance of new shares totaled 66,262,720 common shares. The total outstanding shares after dividend will be 941,517,120 shares.
  3. Increase authorized capital to NT$10.5 billion from NT10 billion.