Hsinchu, Taiwan

January 24, 2003-AUO Corporation ("AUO" or " the Company") (TAIEX: 2409, NYSE: AUO) today held a meeting of the Board of Directors, at which the directors approved the unconsolidated financial statements for 2002 prepared by the auditors. Unconsolidated net sales for 2002 were NT$75,507 million; net income was NT$6,023 million, and basic EPS for 2002 were NT$1.65.

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AU Optronics is scheduled to announce its 4Q 2002 and FY 2002 results on January 28, 2003. An international investor conference call will be held at 8:30 pm (Taipei time), January 28, 2003, subsequent to the local investor conference in the afternoon.