AU Optronics to Offer 74M ADSs

AU Optronics Corp.

(the "Company" or "AUO") today announced that it intends to offer, subject to market and other conditions, 74,000,000 American Depositary Shares ("ADSs"), each representing 10 common shares of the Company, par value NT$10 per share. The Company intends to grant the underwriters an option to purchase up to an additional 6,000,000 ADSs solely to cover over-allotments. AUO intends to use the net proceeds from the offering to fund purchases of raw materials and components from overseas.