Epistar successfully completes its US $351 million GDR offering

Taiwan - Epistar ( Http:// ), a specialist LED epi wafer and chip maker, successfully raised US$351 million through the issuance of Global Depositary Receipts (GDR). This transaction is the largest equity deal for Any Taiwanese technology companies since November 2007 and the second largest overseas fund raising from Taiwan year to date.

"Epistar will use the proceeds to strengthen its global leading position in the LED upstream industry, and showcase our strong commitment to the customers", says BJ Lee, Chairman of Epistar. Epistar, which makes LED chips that light up our mobile phones, notebooks , LCD TVs and eventually homes/buildings, has established significant market presence in the fast-growing LED backlight and general lighting segments.

"This is truly an exciting time in the LED industry. We are eager to collaborate with our customers to capture the explosive growth of the industry", says MJ Jou, President of Epistar. Epistar's major customers include global leading LED packagers, eminent TFT- LCD TV and panel makers, as well as vertically integrated LED players.

Macquarie Group acted as the Sole Global Coordinator, Bookrunner and Lead Manager for this offering. Horizon Securities and Yuanta Securities acted as Co-Managers. Jones Day and PricewaterhouseCoopers Legal are the legal advisors to this transaction. PricewaterhouseCoopers is the independent auditor.

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