Holtek Board of Directors on 23rd July approved H1 2008 financial results and announced cash and stock dividend details

July 23, 2008

Holtek’s accumulated sales from January to June 2008 were NT$1,781.8 million, showing a 0.8% decrease when compared with sales for the same period during 2007. The average gross margin revealed a figure of 45%, slightly lower than the 46% figure for the same period in 2007.

During H1 2008, Holtek’s pre-tax earnings amounted to NT$345 million, showing a decrease of 28.6% YOY. The accumulated earning after tax amounted to NT$360 million, showing a decrease of 12.2% YOY. Regarding earnings per share, the figures for H1 2008 were NT$1.58 pre-tax and NT$1.65 after-tax, the latter being composed of NT$0.64 for 1Q 2008 and NT$1.01 for 2Q 2008.

The breakdown of each product line with respect to total sales were 42% for standard MCU ICs, 32% for consumer ICs, 17% for PC peripheral ICs, 4% for communication ICs, 3% for memory ICs and 2% for other ICs. When combined with the sales of embedded MCU ICs, the total MCU sales during H1 2008 reached 65% of total sales for H1 2008.

Holtek today also announced the dividend details for common shares. Because of the increase of outstanding shares from the execution of employees' stock options, the 2007 fiscal year dividends are adjusted for stock dividends of NT$ 0.03991957 and cash dividends of NT$ 3.00394525 per common share to shareholders. Both the ex-dividend and ex-right day will be August 13 2008, and in connection with this the shareholders' register shall be closed for registration of transfer from August 9 through August 13 2008. To be entitled for the above-mentioned dividends, anyone who acquires Holtek's shares without being registered as a shareholder should apply for shareholder registration with the Chinatrust Transfer Agency by August 8 2008. The cash dividends of NT$ 3.00394525 per common share will be paid on August 29 2008.