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AU Optronics Corp. Announces Pricing of Follow-on Public Offering of American Depositary Shares (2013.05.03)

AU Optronics Corp. (TAIEX: 2409; NYSE: AUO) (the “Company” or “AUO”) today announced that its follow-on public offering of 74,000,000 American Depositary Shares (“ADSs”), each representing 10 common shares of the Company, was priced at US$4.4 per ADS. AUO has granted the underwriters an option to purchase up to an additional 6,000,000 ADSs solely to cover over-allotments.

AUO expects to receive net proceeds of approximately US$322.2 million, or US$348.3 million if the underwriters exercise their over-allotment option in full, after deducting underwriting discounts. AUO intends to use the net proceeds to fund purchases of raw materials and components from overseas.

Citigroup Global Markets Limited is acting as the Global Coordinator for the offering and Citigroup Global Markets Limited and UBS AG (Hong Kong branch) are acting as joint bookrunners for the offering. Australia and New Zealand Banking Group Limited, Hong Kong Branch, ING Bank N.V., Mizuho Securities Asia Limited and Standard Chartered Securities (Hong Kong) Limited are acting as the Co-Managers of the offering.

The offering is being made pursuant to the Company's shelf registration statement on Form F-3 filed with the Securities and Exchange Commission on May 2, 2013. This press release does not constitute an offer to sell, or the solicitation of an offer to buy, securities and does not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful. The Company's registration statement on Form F-3 and the final prospectus supplement, when available, may be obtained from the SEC website at: http://www.sec.gov

Copies of the preliminary prospectus supplement and the accompanying prospectus may be obtained from Citigroup Global Markets Limited, Citigroup Centre, 33 Canada Square, Canary Wharf, London, E14 5LB, United Kingdom, telephone: 44-(0)20-7986-4000, or UBS AG (Hong Kong branch), 52/F, Two International Financial Centre, 8 Finance Street, Central Hong Kong S.A.R., telephone: (852) 2971-8888.