Timetable of Stock Dividend Distribution
Issued by: Taiwan Semiconductor Manufacturing Company Ltd.
Issued on:
The timetable for distribution of TSMC stock dividend of 0.45 share per Common Share is set as follows:
| Local (Taiwan) payable date | August 11, 1998 |
| US payable date | August 25, 1998 |
| US ex-dividend date | August 26, 1998 |
TSMC ADR investors who receive 45% stock dividend evidenced by American Depositary Shares (ADSs) are subject to ROC withholding tax, currently at the rate of 20% on the par value of Common Shares.