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TAIPEI, Taiwan, March 3 /Xinhua-PRNewswire-FirstCall/ -- AdvancedSemiconductor Engineering, Inc. (NYSE: ASX; TAIEX: 2311; "ASE Inc.") todayannounced that it has entered into a syndicated loan agreement with abanking syndicate led by Citibank, N.A., Taipei Branch ("Citibank") for aNT$24,750 million term loan facility. Subject to the terms and conditionsof the syndicated loan agreement, the facility may be drawn by ASE Inc. onor prior to June 3, 2008 to finance a portion of the consideration for theproposed acquisition by ASE Inc. of the outstanding ordinary shares of ASETest Limited, a majority-owned subsidiary of ASE Inc. (Nasdaq: ASTSF;TAIEX: 9101; "ASE Test"), held by ASE Test shareholders other than ASE Inc.and its subsidiaries, by way of a scheme of arrangement under Singapore law(the "Scheme"). In connection with the Scheme, ASE Inc. and ASE Test jointly filed atransaction statement on Schedule 13E-3 (the "Schedule 13E-3") with theU.S. Securities and Exchange Commission (the "SEC") on January 4, 2008, andamended the Schedule 13E-3 on January 14, 2008. The Schedule 13E-3 includesthe draft disclosure document to be sent to shareholders of ASE Test as anexhibit thereto, which contains important information regarding the Scheme.An English translation of the syndicated loan agreement is expected to beincluded in the next amendment to the Schedule 13E-3 filed with the SEC. About ASE Inc. ASE Inc. is one of the world's largest independent provider ofintegrated circuit ("IC") packaging services and, together with itsmajority-owned subsidiary ASE Test Limited (Nasdaq: ASTSF), the world'slargest independent provider of IC testing services, including front-endengineering test, wafer probe and final test services. ASE Inc. currentlyhas approximately more than 200 international customers. With advancedtechnological capabilities and a global presence spanning Taiwan, Korea,Japan, Singapore, Malaysia and the United States, ASE Inc. has establisheda reputation for reliable, high quality products and services. For moreinformation, visit our website at http://www.aseglobal.com . The common shares of ASE Inc. are listed on the Taiwan Stock Exchangeunder the symbol "2311". The American Depository Receipts of ASE Inc. arelisted on the New York Stock Exchange under the symbol "ASX". The directors of ASE Inc. (including any director who may havedelegated detailed supervision of this press release) have taken allreasonable care to ensure that the facts stated and opinions expressed inthis press release are fair or accurate and that no material facts havebeen omitted from this press release and they jointly and severally acceptresponsibility accordingly. Where any information has been extracted frompublished or publicly available sources the sole responsibility of thedirectors of ASE Inc. has been to ensure, through reasonable enquiries,that such information is accurately extracted from such sources or, as thecase may be, reflected or reproduced in this press release. Forward-Looking Statements All statements other than statements of historical facts included inthis press release are or may be forward looking statements.Forward-looking statements include but are not limited to those using wordssuch as "seek", "expect", "anticipate", "estimate", "believe", "intend","project", "plan", "strategy", "forecast" and similar expressions or futureor conditional verbs such as "will", "would", "should", "could", "may" and"might". These statements reflect ASE Inc.'s current expectations, beliefs,hopes, intentions or strategies regarding the future and assumptions inlight of currently available information. Such forward-looking statementsare not guarantees of future performance or events and involve known andunknown risks and uncertainties. Accordingly, actual results may differmaterially from those described in such forward-looking statements.Shareholders and investors should not place undue reliance on suchforward-looking statements, and ASE Inc. undertakes no obligation to updatepublicly or revise any forward-looking statements.
For further information please contact: Freddie Liu (Vice President) Tel: +886-2-8780-5489
