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Corporate Profile Corporate Profile

ofof

President Securities Corp.President Securities Corp.

Lynn HuangVice President

May 2008

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Outline Outline

Uni-President Corp.

Introduction 3Food Business of Uni-President Corp. in Taiwan 5Food Business Uni-President Corp. in China 6 Food Business Uni-President Corp. in Southeast Asia 8Leading Retail Business of Uni-President Corp. in T aiwan 9

President Securities Corp.

Introduction 12Strength 14Financial Data 15 Revenues Breakdown of the Latest 3 years 182007 Market Share of Various Business Areas 19Performance 202006 Honor Roll 21Credit Rating & Risk Management 22Strategic Development 23PSC Long-Term Business Strategy, China 24Goals of President Securities Corp. 26

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Food

Uni-President Enterprises Corp.

Retail Trading Investment Financials•PCSC (45.4%)•Presicarre Corp.(29.35%)

Nan Lien International Corp. (100%)

President International

Develop. Corp. (66%)

President Securities

Corp. (29.24%)

•PCSC operates Taiwan’s largest distribution channels with over 4,705 7-11 chain stores

•Presicarre Corp. is Taiwan’s largest hypermarket chain stores with 47 stores

•Importer, distributor and agent of consumer products including Anheuser-Busch beer, Maxwell House Coffee and Chupa ChupsLollipops

•Investment arm of the Group with investments in LTPS TFT LCD, shopping mall and biotechnology

•Brokerage, underwriting, proprietary trading , fixed income dealing , financial products, shareholder services coordinator, wealth management

•TTET Union Corp. (38%)-Taiwan’s largest soybean crushing manufacturer

•Kuang Chuan Corp. Ltd. (31%)-Dairy products & beverages

•Wei Li Food(32%)-Taiwan’s 2 nd largest instant noodles company with around 20% market share

Introduction of Introduction of UniUni --President Corp. (1) President Corp. (1)

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Date of Establishment

Market Capitalization

Number of Affiliates

Aug. 25, 1967

US$ 5.3 billion*

200

�Taiwan’s largest food company, with leading retail and distribution business in Taiwan.

�Strong presence in beverage and instant noodles in China.

* Market Capitalization based on closing price as of April 17, 2008. USD 1=NTD30.275

Introduction of Introduction of UniUni --President Corp. (2) President Corp. (2)

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� Market Share in 2006

Category Position Market Share (％％％％)

Yogurt Drink 44.8Dairy Products Fresh Milk No.1 29.6

Flavored Milk 49.5

RTD Tea 47 Juice 17.8

Instant Noodles No.1 50.2

�The depth and breadth of our food and beverage prod ucts cover all range of consumers via a successful multi-brand str ategy.

�Strong R&D and marketing capability enhance competi tive market position in many categories.

Food Business of Food Business of UniUni --President Corp. in Taiwan President Corp. in Taiwan

No.1 Non-Carbonated

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Category Position Market Share(％％％％)

Juice Drinks More series No. 2 29.1RTD Unif Green Tea No. 2 22.8Instant Noodles Haojindao No. 2 11.2

Food Business of Food Business of UniUni --President Corp.President Corp. in China in China (1)(1)

� Uni-President China Holdings Ltd. (UPC owned 73.5% )�One of the leading beverage and instant noodles manufacturers in China, commenced operations in 1992, listed on Dec 17th, 2007 in Hong Kong with market capitaliza tion US$1.9bn*�Strong brand recognition and position in China ：：：：

�Sole official noodles sponsor of Beijing 2008 Olympic s

* Market capitalization based on closing price as of Jan 24, 2008, US$1=HK$7.75

Source: AC Nielsen 1~9, 2007

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� Beverages Market in China�With 13 production plants, 53 production lines in bev erage and 50 production lines in instant noodles.

�530 sales offices and over 1,000,000 distribution poi nts distributing over 300 different products.

Food Business of Food Business of UniUni --President Corp.President Corp. in China in China (2)(2)

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Food Business Food Business of of UniUni --President Corp.President Corp. in Southeast Asiain Southeast Asia

Uni-President Thailand (owned 100% )

Beverages

* By internal report

NT$ mn

Uni-President Indonesia (owned 49% )

Beverages

Instant noodles

Uni-President Vietnam

(owned 100% )

Aquatic feeds

Instant noodles

Uni-President Philippines

(owned 100% )

Instant noodles

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Leading Retail Business of Leading Retail Business of UniUni --President Corp. in Taiwan (1) President Corp. in Taiwan (1)

President Chain Store Corp. (UPC owned 45.4% )

� Operates 7-ELEVEN chain stores, the number one conv enience chain store in Taiwan, with various retail and distributi on businesses in Asia

� Listed on Taiwan Stock Exchange with market capital ization US$2.7bn*, cash dividend yield 4~5%

US$ mn Taiwan Sales

Source：Taiwan Ministry of Economic* Market capitalization based on closing price as of Jan 24, 2008, US$1=NT$32.35

51.5%

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Presicarre Corp. (effective interests 29.35%)

� Joint venture with Carrefour, the number one Hyperm arket with 47

Stores in Taiwan

� Acquired Tesco in 2006, strengthened market positio n

� Various store types to target different markets

Taiwan Retail Sales

Source：Taiwan Ministry of Economic

US$ mn

37% 41%

Leading Retail Business of Leading Retail Business of UniUni --President Corp. in Taiwan (2) President Corp. in Taiwan (2)

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President Starbucks Coffee (effective interests 33.62% )

� 50% joint venture with US Starbucks

� Operates in Taiwan and China ：：：：Shanghai, Jiangsu, Zhejiang areas

US$ mnSales

Taiwan /ChinaNumber of Stores

Taiwan /China

Leading Retail Business of Leading Retail Business of UniUni --President Corp. in Taiwan (3) President Corp. in Taiwan (3)

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Introduction of President Securities Corp.Introduction of President Securities Corp. (1)(1)

29.24%

60.79%

Uni-President Corp.

President Chain Store Corp.

Others

Tainan Spinning Co., Ltd.

Eternal Chemical Co., Ltd.

Canking Investment Corp.

Tainan Spinning Investment Corp.

President Securities Corp.

2.58%

2.00%

2.31%

1.14%

1.94%

Shanghai Representative Office

�Shareholders & Subsidiaries

Uni-President Investment Corp.

President Securities (BVI) Ltd.

President Securities (Hong Kong) Ltd.

President Capital Management Corp.

President Futures Corp.

President Personal Insurance Agency Co.,Ltd.

Xiamen Representative Office

＊ In Process

＊

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CapitalCapital USD$387.48 million*

Number of Branch Offices Number of Branch Offices 35

Date of EstablishmentDate of Establishment Dec. 17, 1988

Number of Employees Number of Employees 1494

Introduction of President Securities Corp.Introduction of President Securities Corp. (2)(2)

* Market capitalization based on closing price as of Mar 31, 2008, US$1=NT$30.35

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Strength of President Securities Corp. Strength of President Securities Corp.

� Focus & Professionalism�Focus on the needs of Taiwan’s individual investors and institutional investors.

�Professionalism in customer services, products desi gn, and proprietary trading.

�A financially solid conglomerate which is able to o ffer strong inter-group support.

�Numerous sister companies represent large potential client avenues to be developed.

�Our parent company has already developed significan tly in Mainland China and will, no doubt, provide a gateway to boun tiful opportunities for all the Group ’’’’s constituents in that market, going forward. We ar e the only financial institution with access to the t ype of opportunities that this substantial PRC presence will create.

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Pre-Tax Earnings (NTD Thousand)

After-Tax Earnings(NTD Thousand ))))

Pre-Tax EPS(NTD/SHARE)

After-Tax EPS(NTD/SHARE )

Book Value per Share

850,750

800,209

0.723

0.680

17.201

�YTD Earnings in 2008 As of 30 April, 2008

Financial Data Financial Data (1) (1)

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Pre-Tax Earnings (NTD Thousand)

ROA

After-Tax Earnings(NTD Thousand ))))

Pre-Tax EPS(NTD)

After-Tax EPS(NTD )

ROE

2,900,704

2,406,346

2.465

2.045

12.73%

5.74%

BV/Share (NTD) 16.636

�Financial Results in 2007

Financial Data Financial Data (2) (2)

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Financial Data Financial Data (3) (3)

7.7911.0811.6611.176.90Total short Sales Amount to Equity

98.1087.1177.3679.1079.29Total Margin Loan Balanceto Equity Ratio

-2.344.0612.513.81Total Underwriting toQuick Assets Ratio

5.396.196.087.085.30Fixed Assets to Total Assets Ratio

175.63158.23203.32102.95174.48Debt to Equity Ratio

OtherRatio(%)

(4.51)5.41(35.85)25.38(20.64)Cash Flow Reinvestment Ratio(%)

(55.5)(53.75)(122.66)184.65205.58Cash Flow Adequacy Ratio(%)

-6.98-35.01-Cash Flow Ratio (%)

Cash Flow

2.051.910.901.211.68Basic Earning Per Share (NT$)

30.5239.0325.1828.9640.69Net Income to Sales (%)

24.6513.1911.8915.5918.94Income Before Tax

25.3112.3211.5414.6916.12Operating IncomeIncometo Capital(%)

12.7312.316.088.1411.81Turn on Equity (%)

5.694.742.863.914.71Turn on Total Assets(%)

ProfitabilityAnalysis

145.44139.55122.44156.92132.52Quick Ratio

145.55139.67128.75169.88139.37Current RatioLiquidityAnalysis(%)

1059.27891.91763.251,056.021,052.64Long-term Fund to Fixed Assets Ratio

63.7261.2867.0350.7363.57Debt RatioCapital Structure

Analysis(%)

20072006200520042003Item Year

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Breakdown of Revenues for the Latest 3 yearsBreakdown of Revenues for the Latest 3 years

1007,885,0521005,537,5951004,075,626Total

2.7213,0714.32239,1363.08125,832Underwriting

45.113,556,72043.522,410,27539.511,610,121Proprietary

Trading

52.194,115,26152.162,888,18457.412,339,673Brokerage

proportion（（（（％％％％））））

Revenue proportion（（（（％％％％））））

Revenue Proportion（（（（％％％％））））

Revenue

200720062005Business Area

Unit:NT$1,000�Revenues of President Securities Corp

Unit:NT$1,000

1912

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2

(2st vs. securities firms)

(9st vs.securities firms)

10

7

3

Ranking

3.32%

5.13%

14.29%

9.25%

1.95%

4.35%

6.18%

0.10%

Market Share

ComponentBusiness Area

Underwriting Deals (Value)

Underwriting Deals (No.)Underwriting

IRS

Outright Purchases/ Sales

Repo TransactionsFixed IncomeDealing

Warrants Issued (Value)

Warrants Issued (No.)WarrantBusiness

Market Share Per Branch

Equity Brokerage Trading Volume

EquityBrokerage

3.56% 10

2007 Market Share of Various Business Areas2007 Market Share of Various Business Areas

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Average ROE Ranked 1st1st within Domestic Securities Firms for the Most Recent Four Years (2004~2007)

Average After-Tax EPS Ranked 2nd2nd vs. Securities Firms for the Most Recent Four Years (2004~2007)

Average Market Share Per Branch Ranked 1st1st within Domestic Securities Firms over the Past 5 Years (2003~2007)

PerformancePerformance

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�Awards and Achievements

Present Securities Corp. A.D.2006 Honor RollPresent Securities Corp. A.D.2006 Honor Roll

ROE 12.31%, ranked 3rd vs. securities firms (Announced by Securities Firms, 2006)

EPS 1.91, ranked 2nd vs. securities firms (Announced by Securities Firms, 2006)

ROS 35.86 % , ranked 2nd vs. Taiwan financial Insti tutions, and 1st vs. local financial institutions (2007.05.09 CommonWealth Magazine issue No.371)

Ranked 2nd of Central Government Bonds Dealer Perfo rmance evaluation (Data from The Central Bank of China)

Revenues of 6.043 billion, ranked 80th vs. Taiwan's financial institutions, and 7th vs. the securities industry (2007.05.09 CommonWealth Magazine issue No.371)

Market value of 20 billion, ranked 927th vs. top 1, 000 enterprises of Hong-Kong, China, and Taiwan (2006.05.13 Business Today issue No. 541)

Information transparency & disclosure was ranked “ A+” vs. stock-listing companies (Securities and Futures Institute, from 2005.01.01 to 2006.12.31)

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Credit Ratings and Risk Management Credit Ratings and Risk Management

�Long-Term Debt Rating 『『『『twA』』』』Short-Term Credit Rating 『『『『twA-1』』』』

�Precise on Market Risk, Credit and OperationalRisk, Capital Allocation and Liquidity Risks

�President Securities could flexibly modify its abil ity of risk management, which depends on the requirements to ad just its risk operation by market variation.

�President Securities adequately controls its risk p osition, and by this effort decrease the dependence of the fluct uating marketin Taiwan.

�The capital structure of President Securities is re latively proper for the case of its risk structure.

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Strategic Development Strategic Development

�Move forward with consolidation within the Presiden t Group, thereby enhancing our securities business and financi al services.

�Offer professional asset management and provide personalized financial planning services.

�Improve IT and enhance e-business infrastructure.

�Implement risk management practices and technologies, thereby improving profitability and stabilizing overal l businessoperations.

�Focus on business development in China.

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PSC LongPSC Long --Term Business Strategy, China (1 ) Term Business Strategy, China (1 )

�� Expand the Business Cross the StraitExpand the Business Cross the Strait

�Develop Brokerage Channel in China

�Strategic Alliances

�Evaluate Wealth Management Business

�International Business Cooperation

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�� Establish Securities, Asset Management and Futures Establish Securities, Asset Management and Futures Corporations in ChinaCorporations in China

�Build a Platform in China ：：：：

•Xiamen representative office

�Establish Asset Management Company ：：：：

�Acquire a Securities Firm ：：：：

�Acquire a Futures Corporation ：：：：

PSC LongPSC Long --Term Business Strategy, China (2 ) Term Business Strategy, China (2 )

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Goals of President Securities Corp. Goals of President Securities Corp.

• President Securities (Hong Kong) Limited

• Shanghai Representative Office, President Securities (Hong Kong) Limited

• President Securities Corp.

• President Capital Management Corp.

• President Futures Corp.

• President Investment Trust Corp.

• President Personal Insurance Agency Co., Ltd.

Become a firstBecome a first --class securities class securities company in Great China Regioncompany in Great China Region

Integrate securities conglomerate

Establish mutually beneficial strategic

alliances

Deeply rooted in Taiwan

Step towards for Great China region

• Uni-President Group

• PSC Subsidiaries

Leverage corporate strength

Integrate the resources of

President Enterprise Corporation

Fully displayintegrated Corporate

effects

ComprehensiveFinancial

management