(October 31, 2007) TAIPEI, Taiwan Advanced Semiconductor Engineering Inc. (ASE) has announced that the Securities Industry Council of Singapore (SIC) has ruled that the proposed acquisition by ASE Inc. of the remaining shares of its majority-owned subsidiary ASE Test Limited (ASE Test), which ASE Inc. does not directly or indirectly own, through a scheme of arrangement under Singapore law (the “Proposed Scheme”), will be conditionally exempted from certain rules of the Singapore Code on Take-overs and Mergers (the “Code”).