Sze Wei Navigation Announces Guarantee for Wholly-Owned Subsidiary VALOR Reaching Disclosure Threshold under Public Company Fund Lending and Guarantee Regulations Article 25(1)(4)

1. Factual Date: 115/06/09

2. Guaranteed Party: (1) Company Name: VALOR PESCADORES S.A. PANAMA (2) Relationship with Guarantee Provider: Parent-Subsidiary (3) Guarantee Limit (in thousand NTD): 9,677,924 (4) Previous Guarantee Balance (in thousand NTD): 0 (5) Amount of New Guarantee Added This Time (in thousand NTD): 1,427,732 (6) Guarantee Balance as of Factual Date (in thousand NTD): 1,427,732 (7) Actual Amount Drawn by Guaranteed Company (in thousand NTD): 0 (8) Reason for New Guarantee: Vessel loan financing.

3. Collateral Provided by Guaranteed Company: (1) Description: None (2) Value (in thousand NTD): 0

4. Latest Financial Statement of Guaranteed Company: (1) Capital (in thousand NTD): 153,576 (2) Accumulated Profits/Losses (in thousand NTD): 148,538

5. Conditions for Release of Guarantee Liability: (1) Condition: Full repayment of vessel loan (2) Date: Maturity date of bank loan

6. Total Guarantee Limit (in thousand NTD): 58,067,544

7. Guarantee Balance as of Factual Date (in thousand NTD): 8,034,025

8. Ratio of Guarantee Balance to Net Assets of the Publicly Issued Company as of Factual Date: 83.01%

9. Combined Ratio of Guarantee, Long-Term Investment, and Fund Lending Balances to Net Assets of the Publicly Issued Company: 20.25%

10. Other Matters to be Clarified: Announced in New Taiwan Dollars based on exchange rate @31.58.