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Date:2005/05/03 Subject:MOEA approved Star Buck Gas-fired C/C Power Plant Project on April 28, 2005.

Taiwan Cogeneration Corporation (“TCC”) obtained two permits of IPP from MOEA in 2000, including Fong Der Gas-fired Power Plant and Chang Bin Gas-fired Power Plant that started commercial operation in March 2004. TCC will obtain the third permit of IPP from MOEA recently, that is, Star Buck Gas-fired C/C Power Plant. MOEA approved Star Buck Gas-fired C/C Power Plant Project on April 28, 2005.  TCC will take charge of this project. The site is located in Chang-Bin Industrial Park. The installed capacity will be 490 MW. Total investment will be about 10.6 billion N.T. Dollars. It is estimated to start commercial operation in March 2009.



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