Tsinghua Unigroup to Acquire 25% of Chipmos Taiwan for NT$12B

ChipMOS TECHNOLOGIES (Bermuda) LTD.

today announced that the Board of Directors of its 58.0% owned subsidiary ChipMOS TECHNOLOGIES INC. ("ChipMOS Taiwan", Taiwan Stock Exchange Stock Ticker 8150) has authorized and signed a share purchase agreement to sell 299,252,000 common shares of ChipMOS Taiwan to Tsinghua Unigroup Ltd. ("Tsinghua Unigroup") through private placement ("Private Placement Shares") at a price of NT$40.0 per common share.  ChipMOS Taiwan today also executed a Strategic Alliance Agreement with Tsinghua Unigroup designed to strengthen the long-term cooperation relationship between the two companies.  The Board of Directors of parent company ChipMOS has authorized the Special Committee, established by the Board on July 14, 2015, to evaluate and provide a recommendation to the Board regarding approval of the proposed Private Placement by the Company as a ChipMOS Taiwan shareholder in connection with the Special Committee's review and evaluation of a merger of the Company into ChipMOS Taiwan.  The proposed Private Placement is also subject to ChipMOS Taiwan shareholder approval and routine regulatory approvals in Taiwan.  The proposed transaction would be valued at approximately NT$12.0