Advanced Semiconductor Engineering, Inc. Announces ASE Test Limited Share Purchase Program

Date : 03/01/2004 @ 3:59AM
Source : PR Newswire
Stock : Advanced Semiconduct (ASX)
Quote : 4.3  -0.14 (-3.15%) @ 3:45PM
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Advanced Semiconductor Engineering, Inc. Announces ASE Test Limited Share Purchase Program

Advanced Semiconductor Engineering, Inc. Announces ASE Test Limited Share

Purchase Program

TAIPEI, Taiwan, March 1 /PRNewswire-FirstCall/ --

Advanced Semiconductor

Engineering, Inc. ('ASE Inc.') announced today that it intends to commence

purchase,from time to time, of ordinary shares of ASE Test Limited ('ASE

Test'), up to an aggregate purchase price of US$15,000,000. The purchases will

be made through a wholly-owned subsidiary of ASE Inc. in open market

transactions on Nasdaq.

The Board of Directors of the subsidiary of ASE Inc. has authorized additional

purchases of ordinary shares of ASE Test, from time to time in the open market,

up to an aggregate purchase price of US$15,000,000. The actual size of the

share purchase program, the timing of any open market purchases and the

aggregate number of shares to be purchased will depend on market conditions and

ASE Inc. may determine not to make any such purchases if market conditions so

warrant.

ASE, Inc.

Joseph Tung, CFO / Vice President

Freddie Liu, Financial Controller

Tel: + 886-2-8780-5489

Fax: + 886-2-2757-6121

http://www.aseglobal.com/

DATASOURCE: Advanced Semiconductor Engineering, Inc.

CONTACT: Joseph Tung, CFO/Vice President, or Freddie Liu, Financial

Controller, + 886-2-8780-5489, or fax, + 886-2-2757-6121, or ,

both of ASE, Inc.

Web Site: http://www.aseglobal.com/


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