TPK : REPORTS UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE THIRD QUARTER OF 2015

1.Date of occurrence of the event:2015/11/04

2.Company name:TPK Holding Co., Ltd.

3.Relationship to the Company (please enter 'head office' or 'subsidiaries'):Head Office

4.Reciprocal shareholding ratios:N/A

5.Name of the reporting media:N/A

6.Content of the report:N/A

7.Cause of occurrence:N/A

8.Countermeasures:N/A

9.Any other matters that need to be specified:

TPK REPORTS UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE THIRD QUARTER OF 2015 Taipei, Taiwan, November 4th, 2015 - TPK Holding Co., Ltd (TWSE: 3673)('TPK' or the 'Company') today announced its

2015 3rd quarter operating results. The Company reported net loss of NT$19.4 billion, or loss per share of NT$55.15.

The operating loss was primarily attributable to one-off asset impairment charges on loss-making business units, idle and obsolete fixed assets, long-term investments and other miscellaneous assets. Total impairment charges amounted to NT$18,965 million. Excluding one-time charges, TPK's net income in the third quarter of 2015

was NT$164 million, or EPS of NT$0.47.

Proactive Change in Business Strategy to Cope with Touch Industry Development 'The touch industry is going through rapid consolidation at an unprecedented pace. The Company has undergone intensive restructuring in the past year and we have achieved our initial goals.

While our core business remains solid, the overall operating results were dwindled by our unprofitable businesses and under-utilized assets,' said Michael Chung, Chief Executive Officer of TPK.

'To regain our competitiveness, we decided to proactively address this issue by kitchen-sinking unproductive assets to relieve our operational burdens. We will refocus on our technology-centric core competencies, optimize customer and product composition and operate with strict discipline in executing our capital expenditure plan. TPK will continue to lead the industry in technology advancement and operational efficiency. We are committed to provide better services to our strategic customers and, at the same time,maximize return for our stakeholders.'

Operating Results - Excluding Asset Impairment Charges

Consolidated revenues in 3Q/2015 were NT$34,235 million, up 44.2% quarter-on-quarter, and up 5.0%versus the same period last year. Revenue growth is mainly due to new product launches as well as seasonal demand related to year-end holidays. Driven by increased production and positive changes in product mix, gross profit reached NT$2,997 million, an increase of 497.7% compared with the previous quarter. Gross margin improved to 8.8% from 2.1% in 2Q15. Within the cost-of-goods-sold items, raw material costs were NT$24.3 billion, up from NT$17.8 billion in the previous quarter, given larger business scale in 3Q. Labor cost amounted to NT$2.9 billion, up 33.8% from 2Q15.

Depreciation expenses totaled NT$2.2 billion, a 14.3% quarter on quarter increase.

Total operating expenses totaled NT$1.8 billion, up from NT$1.6 billion in 2Q, mainly due to increasedsales-related expenses as a result of higher shipments.

On a percentage basis, operating expenses were 5.3% of total revenues, down from 6.8% in the second quarter, reflecting our effective control on expenses despite strong ramp up in production volume. As of 3Q15, total number of employees was 42,429, up from 37,967 in the previous quarter.

Net interest expenses for the quarter totaled NT$104 million. The Company recorded NT$153 million in foreign exchange losses, mainly caused by unexpected RMB depreciation. Loss from long-term investment, primarily Cando Technology, totaled NT$50 million.

Excluding one-time impairment charges, net income for the third quarter of 2015 was NT$164 million, equal

to earnings per share (EPS) of NT$0.47.

Capital expenditures during the third quarter were NT$854 million. For the first three quarters of 2015, total capital expenditures were NT$3.6 billion, in line with our annual CAPEX plan. As of September 30, 2015, The Company had cash and cash equivalent of NT$27.2 billion. Total bank borrowings totaled NT$53.2 billion, of which NT$40.5 billion was short-term bank loans, NT$6.9 billion was current portion of long-term loans and NT$5.8 billion was long-term bank loans. In addition, there were NT$7.2 billion in current portion of convertible bond, which has been fully redeemed in October 30 2015, and NT$7.8 billion was from convertible bond due 2020. Total unused bank facilities amount to NT$53.6 billion.

Asset Impairment Charges

The total charge on asset impairment amounted to NT$18.965 billion, equals to approximately 12.5% of Company's total assets, in which fixed asset accounted for NT$18.200 billion, representing approximately 25.3% of Company's total fixed assets,which consisted of:

Uncompetitive production line: including cover glass (CG) and film sensor. Impairment charge on these assets amounted to NT$2.1 billion. Going forward, The Company will increase the outsourcing allocation of these two components to reduce operating loss.

Idle and obsolete assets: including under-utilized front-end sensor fab and obsolete backend laminationequipment. Total charges were NT$16.1 billion.

Unprofitable long-term investment and other miscellaneous items: the largest portion of this category was the Company's investment in Cando Technology. The Company currently owns 19.9% stake in Cando Technology with a carrying book value of NT$891 million, equivalent to NT$11.56 per shares. Based on an independent

After this one-time write-off, Company's net worth became NT$30.5 billion as of September 30, 2015,equivalent to book value per share of NT$87.36.

Total depreciation expenses in 4Q/2015 is estimated at NT$2.3 billion, which is reduced by approximately NT$800 million post write-offs, and equivalent to savings of around NT$2.00 EPS. The Company estimates that there may be a significant reduction of depreciation expenses for 2016 in an approximate amount of NT$3.2 billion, which will be equivalent to EPS of roughly NT$7.90. In addition to decrease in depreciation expenses, The Company foresees that its operation loss will likely decrease going forward, with limited impact on the Company's future revenues. This one-time impairment charge has no impact on the Company's cash position nor operation. It is expected that the Company's operating cash flow should improve after downsizing unprofitable business units.

Further detail on this impairment will be provided in the Company's financial statements as of and for the 9 months ended September 30, 2014 and 2015.

Capital Structure Adjustment

funding to further strengthen TPK's capital structure. The Company also entered into a Strategic Partnership Agreement with Bank of China to strengthen mutual collaboration in the future.

In order to mitigate the potential impact on share price and protect shareholders value, TPK's BOD also approved the share buyback plan of up to 20 million shares with a price range between NT$64 and NT$135.

October 2015 Unaudited Consolidated Revenues

The Company today also announced revenues for the month of October 2015. Unaudited consolidated revenues

totaled NT$14,051 million, a 9.1% month-on-month increase, and up 8.8% versus previous year.

Note: All financial numbers are prepared in accordance with IFRS which is approved by regulators in Taiwan.