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AUO February 2004 Consolidated Revenues Totaled NT$13.3 Billion (2004.03.04)
Hsinchu, Taiwan

AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced unaudited consolidated net sales of NT$13,317 million for February 2004, the 10th consecutive month of record revenues. Unaudited unconsolidated net sales of NT$12,480 million was reported for the month.

Despite less working days for the month of February, large-size TFT-LCD panel shipments, 10" panels and above, reached 1.3 million, up 1.9% M-o-M, representing a 12th straight month of record large panel shipments. Unit shipment for small and medium size panels in February 2004 recovered from seasonal weakness, up 14.7% from January 2004 to reach 1.7 million.

Consolidated revenues increased 3.1% M-o-M and 130.4% Y-o-Y, while unconsolidated net sales increased 2.8% and 131.2%, M-o-M and Y-o-Y, respectively.

Sales Report: (Unit: NT$ million)


Net Sales Revenues(1) (2) Consolidated(3) Unconsolidated
February 2004 13,317 12,480
January 2004 12,916 12,135
M-o-M Growth 3.1% 2.8%
February 2003 5,780 5,398
Y-o-Y Growth 130.4% 131.2%

(1): All figures are prepared in accordance with generally accepted accounting principles in Taiwan.
(2): All consolidated numbers have not been audited, prepared by AU Optronics Corp.
(3): Including only AU Optronics Corporation ("AUT"), AU Optronics (Lauban) Corporation ("AUL"), and AU Optronics (Suzhou) Corporation ("AUS").