Statement from Daniel Wu, President of Chinatrust Financial Holding Co. Ltd., Regarding His Company's Continued Interest in Purc

TAIPEI, Taiwan, Aug. 13 /PRNewswire/ -- "We respect AIG's recent statement that it intends to move forward with the planned sale of its life insurance subsidiary, Nan Shan, to a consortium led by Primus Financial Holdings Ltd. and China Strategic Holdings Ltd. Nonetheless, Chinatrust believes that the proposed acquisition by the consortium still faces serious regulatory challenges. Chinatrust, therefore, remains interested in renewing its own, superior bid for Nan Shan. We urge AIG to consider opening discussions with Chinatrust about its purchase of Nan Shan -- a transaction that would be in the best interest of AIG, Nan Shan and U.S. taxpayers who own 80 percent of AIG."‪

SOURCE Chinatrust Financial Holding Co.