Chang Hwa Commercial Bank, Ji-Cheng Branch

Loan Approval Notification

Client
Kid Castle Internet Technology Corporation
Amount of Approved Loan
NT$20,000,000.-
Loan Category
1.     Middle-term unsecured loan : NT$20,000,000.-
2.     Middle-term unsecured loan : NT$5,352,000.-
3.     Business credit card loan: NT$2,000,000
 
Term of Loan
Oct. 16, 2006 - Sept. 30, 2007
Interest Rate
1.     Middle-term unsecured loan : [Base Lending Rate] + 1.3% (current : 5.37%)
2.     Middle-term unsecured loan : [Base Lending Rate] + 1.3% (current : 5.37%)
 
Loan Conditions & Supplementary Items
 
1.     Re-request the Board Resolution of the Executive Board on loan approval
determination
2.     Re-request loan guarantee and loan agreement of both Pai Suang-Yi and
Yang Ming-Tan
3.     Middle-term unsecured loan: NT$5,352,000.- till Mar. 19,2008; principal
and interest is paid on a monthly basis
4.     Middle-term unsecured loan : NT$20,000,000.-; the amount of approved loan
is at 125% of bills receivable under control of a special account at the Bank

Please apply for relevant loan processes at the service counter of the Bank,
thank you.

Chang Hwa Commercial Bank, Ji-Cheng Branch
Dated : Oct. 18, 2006
 
 
 

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