Friday, November 24, 2006

Advanced Semiconductor Engineering (ASX) Receives $5.94/Share Offer from Consortium

Advanced Semiconductor Engineering, Inc. (NYSE: ASX) received an indication of interest from a consortium of investors led by The Carlyle Group, regarding a potential offer by the Consortium for all of the outstanding common shares of ASE at a price of NT$39 per share (approximately US$5.94 per ADS).

ASE has been informed that Jason Chang, the Chairman and Chief Executive Officer of ASE, has agreed, subject to certain conditions, to participate as a member of the Consortium and to roll the shares of ASE owned by him and ASE Enterprises Limited, his affiliated holding company, into an equity interest in the holding company formed by the Consortium. Chairman Chang has also entered into an exclusivity agreement with the Consortium. Chairman Chang and ASE Enterprises Limited collectively own approximately 18.4% of the Shares.

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