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      OPTRONICS REPORTS PRELIMINARY UNAUDITED 2003 RESULTS

      Published date:2004-01-29

      Hsin Chu, Taiwan


      AUO Corporation ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today reported preliminary unaudited 2003 results in accordance with generally accepted accounting principles in Taiwan ("ROC GAAP") to comply with requirements issued by the Republic of China Securities and Futures Commission ("ROC SFC") for disclosure of financial forecasts by public companies.

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      Unaudited Full Year 2003 Results Compared with Financial Forecasts(1)(2)

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      Amount:NT$ Million Except Per Share Data

      FY 2003 Unconsolidated

      FY 2003 Consolidated

      Unaudited

      Forecast

      Unaudited

      Forecast

      Net Sales

      $97,610

      $94,102

      $104,861

      $102,809

      Gross Profit

      22,321

      21,451

      23,462

      --

      Operating Income

      15,570

      14,682

      16,245

      --

      Pre-Tax Income

      15,573

      14,116

      15,573

      14,116

      Net Income

      15,660

      14,116

      15,660

      14,116

      Basic EPS

      NT$3.65

      NT$3.29

      NT$3.65

      NT$3.29

      Fully Diluted EPS

      NT$3.61

      NT$3.26

      NT$3.61

      NT$3.26

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      (1):All figures are prepared in accordance with generally accepted accounting principles in Taiwan
      (2):All Full Year 2003 figures, including both consolidated and unconsolidated, have not been audited, prepared by AUO Corporation only

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      AUO FY2003 Results Announcement
      AUO Corporation is scheduled to announce its audited FY2003 consolidated financial results on February 10, 2004 and is in quiet period prior to February 10, 2004. Further information concerning the company's 4Q 2003 financial results, business performance or industry outlook will be provided in the Company's FY2003 results announcement on February 10, 2004.

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