晶元光電 2013/06/20

The Alteration in the Fund Raising Plans and the Keeping Method of the 3rd Issuance of Unsecured Zero Coupon Euro Convertible Bonds

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1.Date of occurrence of the event:2013/06/20

2.Company name:Epistar Corporation

3.Relationship to the Company (please enter ”head office” or

  ”subsidiaries”):head office

4.Reciprocal shareholding ratios:N/A

5.Cause of occurrence:

Euro zone debt crisis and slow global economic recovery lead to the

unbalanced supply and demand in LED industry, which worse affects the

industry and the Company. The bondholders of the 3rd issuance of Unsecured

Zero Coupon Euro Convertible Bonds may exercise the redemption right on

January 27, 2014. Since the conversion price is higher than the stock price,

 the redemption right of the investors is likely to be exercised. In order

not to influence the future business development, the Company plans to issue

 the 4th Unsecured Zero Coupon Euro Convertible Bonds to repay the funds

for the redemption right exercised by the bondholders of the 3rd issuance

of Unsecured Zero Coupon Euro Convertible Bonds. Therefore, the Company

plans to alter the fund raising plans and the keeping method of the 3rd

Issuance of Unsecured Zero Coupon Euro Convertible Bonds. The origin of

fund raising is changed from operating revenue to the 4th issuance of

Unsecured Zero Coupon Euro Convertible Bonds.

6.Countermeasures:N/A

7.Any other matters that need to be specified:None