The Banking Act of The Republic of China Article 101

An investment trust company may engage in the following businesses:1.To extend medium-term and long-term loans;2.To invest in government bonds, short-term notes, corporate bonds, bank debentures and listed stocks;3.To guarantee the issuance of corporate bonds;4.To conduct domestic and foreign guarantees;5.To underwrite and trade in securities for its own account or for customers;6.To accept, manage and employ various Trust Funds;7.To offer mutual trust funds;8.To manage various kinds of property under entrustment;9.To act as the trustee for the issuance of bonds;10.To act as attester for the issuance of bonds or stocks;11.To act as the agent for the issuance, registration and transfer of securities and the distribution of interest and dividends thereon;12.To execute wills and manage the inheritance under entrustment;13.To act as a company’s reorganization supervisor;14.To provide consulting services in connection with the issuance and offering of securities and to engage in agency services related to the businesses prescribed in the preceding subparagraphs; and15.To conduct other relevant businesses approved by the central competent authority.With the approval of the central competent authority, an investment trust company may use the non-trust funds to invest directly in manufacturing enterprises or in residential construction and business construction.