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ChipMOS TAIWAN TO RECEIVE US$11.6 MILLION IN SALE OF IDLE, NON-CORE ASSETS; PROCEEDS WILL BE USED TO FURTHER PAY DOWN BANK DEBT

Taiwan Feb. 23, 2011 Bermuda US$11.6 million Taiwan

January 2011 March 2011

S.J. Cheng

Bermuda

http://www.chipmos.com/ Taiwan Japan Taiwan Shanghai

Forward-Looking Statements

Certain statements contained in this announcement may be viewed as " forward-looking statements " within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual performance, financial condition or results of operations of the Company to be materially different from any future performance, financial condition or results of operations implied by such forward-looking statements. Further information regarding these risks, uncertainties and other factors is included in the Company s most recent Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the " SEC " ) and in the Company s other filings with the SEC.

Contact s :

In Taiwan

Dr. S.K. Chen

ChipMOS TECHNOLOGIES (Bermuda) LTD.

+886-6-507-7712

[email protected]

In the U.S.

Chesha Gibbons

Director of Investor Relations

+1- 415-7 30 1307

[email protected]

David Pasquale

Global IR Partners

+1-914-337-8801

[email protected]

Bermuda

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