Innolux Display Corporation
28 April 2008


Subject: The Board of Directors of InnoLux Display Corporation resolved new
share issuance for capital increase by earnings recapitalization.


1.   Date of the board of directors!' resolution: 2008/04/24

2.   Source of capital increase funds: Profit of year 2007

3.   Number of shares issued: 342,027,002 shares (including capital increase by
     employee profit sharing: 65,000,000 shares)

4.   Par value per share: NT$10

5.   Total monetary amount of the issue: NT$3,420,270,020

6.   Issue price: N/A

7.   Number of shares subscribed by or allotted to employees: 65,000,000 shares

8.   Number of shares publicly sold: N/A

9.   Ratio of shares subscribed by or allotted as stock dividends to existing
     shareholders:

     Each shareholder will be entitled to receive a stock dividend of 100 shares 
     per 1,000 shares held by such shareholder.
     
10.  Method of handling fractional shares and shares unsubscribed by the
     deadline:

     For the fractional share which cannot be pooled, the distribution will be 
     made in the form of cash in a dollar amount calculated at par value. Such 
     fractional shares will be purchased by the buyers designated by the 
     chairman
     
11.  Rights and obligations of the newly issued shares: Same as existing 
     ordinary shares.

12.  Utilization of the funds from the capital increase: For production capacity
     expansion.

13.  Any other matters that need to be specified: N/A


                      This information is provided by RNS
            The company news service from the London Stock Exchange