Date:Apr 08,2016

TWM announced March consolidated revenue of NT$9.57bn. EBITDA was NT$2.88bn with an operating income of NT$1.74bn and net income of NT$1.27bn. EPS was NT$0.47. For the first three months of 2016, TWM reported a consolidated revenue of NT$29.20bn, an EBITDA of NT$8.42bn, an operating income of NT$5.0bn and a net income of NT$3.77bn. EPS for the first three months was NT$1.39.

Rosie Yu, Chief Financial Officer and Spokesperson of TWM, stated that, in March, as a result of growth in the 4G business as well as disciplined cost control, consolidated operating income increased 15% over the same period last year. EPS for the quarter was flat YoY due to a one-off non-operating gain last year. Overall, cumulative net income for first three months was 15% higher than the 1st quarter earnings forecast.

Taiwan Mobile Consolidated Results (Unaudited)

NT$mn

Mar. 2016

Mar. 2015

Jan.- Mar. 2016

Jan.- Mar. 2015

Revenue

9,569

9,672

29,199

29,718

   Operating Revenue1

7,982

7,624

23,967

23,017

   Handset Sales Revenue

1,587

2,048

5,232

6,701

EBITDA

2,879

2,620

8,417

7,594

Operating income

1,739

1,515

5,005

4,341

Pre-tax income

1,595

1,447

4,769

4,146

Net income

1,267

1,444

3,773

3,813

EPS (NT$)

0.47

0.53

1.39

1.40

Note 1: Derived from deducting handset sales revenue from the total revenue