Singapore legislation

Regulation 2

of Securities and Futures (Market Conduct) (Exemption for Stabilising Action in respect of Dealings in Bonds) (No. 23) Regulations 2004

Regulation 2

Definitions

Amended byS 22/2005 wef 11/01/2005S 62/2005 wef 01/02/2005

In these Regulations, unless the context otherwise requires —“Bonds” means the 5-year zero coupon convertible bonds due February 2010 issued by Powerchip Semiconductor Corporation for a principal amount of up to US$200 million, which are convertible into ordinary shares of Powerchip Semiconductor Corporation with a par value of NT$10 each;“stabilising action” means an action taken in Singapore or elsewhere by Deutsche Bank AG, Hong Kong Branch, or any of its related corporations, to buy, or to offer or agree to buy, any of the Bonds in order to stabilise or maintain the market price of the Bonds in Singapore or elsewhere.

Definition

“Bonds” means the 5-year zero coupon convertible bonds due February 2010 issued by Powerchip Semiconductor Corporation for a principal amount of up to US$200 million, which are convertible into ordinary shares of Powerchip Semiconductor Corporation with a par value of NT$10 each;

Amended byS 22/2005 wef 11/01/2005S 62/2005 wef 01/02/2005

Definition

“stabilising action” means an action taken in Singapore or elsewhere by Deutsche Bank AG, Hong Kong Branch, or any of its related corporations, to buy, or to offer or agree to buy, any of the Bonds in order to stabilise or maintain the market price of the Bonds in Singapore or elsewhere.