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AU Optronics Corp. Announces Proposed Offering of American Depositary Shares (2005.07.08)
Hsinchu, Taiwan,

AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) announced that on July 8, 2005, it filed a registration statement with the United States Securities and Exchange Commission in connection with a proposed offering of 30,000,000 American Depositary Shares (“ADSs”), each ADS representing ten common shares of the Company, par value NT$10 per share. The Company expects to grant the underwriters a 10% over-allotment option to purchase up to 3,000,000 ADSs. The offering is expected to be underwritten by a syndicate to be lead-managed by Goldman Sachs International. 

AUO is a manufacturer of thin film transistor liquid crystal display panels of various sizes based in Taiwan. 

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This announcement shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.