Date:Mar 09,2017

TWM announced February consolidated revenue of NT$9.35bn. EBITDA was NT$2.69bn with an operating income of NT$1.57bn and net income of NT$1.27bn. EPS was NT$0.46. For the first two months of 2017, TWM reported a consolidated revenue of NT$19.29bn, an EBITDA of NT$5.64bn, an operating income of NT$3.40bn and a net income of NT$2.68bn. EPS for the first two months was NT$0.98.

Rosie Yu, Chief Financial Officer and Spokesperson of TWM, stated that the company’s continual efforts in upgrading its subscribers to 4G services have resulted in its postpaid 4G penetration rate reaching 67% by the end of February. For the first two months of 2017, consolidated EBIT and net income grew 4% and 7%, respectively, compared to the same period last year. Overall, earnings per share already reached 73% of the first quarter forecast.

Taiwan Mobile Consolidated Results (Unaudited)

NT$mn

Feb. 2017

Feb. 2016

Jan.-Feb. 2017

Jan.-Feb. 2016

Revenue

9,347

9,431

19,291

19,630

   Operating Revenue1

7,822

7,653

16,058

15,985

   Handset Sales Revenue

1,524

1,779

3,233

3,644

EBITDA

2,687

2,752

5,641

5,538

Operating income

1,565

1,615

3,398

3,265

Pre-tax income

1,521

1,560

3,290

3,175

Net income

1,270

1,244

2,679

2,506

EPS (NT$)

0.46

0.46

0.98

0.92

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