TAIPEI, Taiwan, March 6 /Xinhua-PRNewswire-FirstCall/ -- ASE Test Limited (Nasdaq: ASTSF; TAIEX: 9101; "ASE Test"), a majority-owned subsidiary of Advanced Semiconductor Engineering, Inc. ("ASE Inc."), today announced that a meeting of shareholders is expected to be held on May 6, 2008, Singapore time, at a place and time to be announced, for the purpose of considering and voting on the proposed acquisition by ASE Inc. of the outstanding ordinary shares of ASE Test that ASE Inc. does not directly or indirectly own, by way of a scheme of arrangement under Singapore law (the "Scheme"). ASE Test shareholders (other than ASE Inc. and its affiliates) of record as of close of business on March 24, New York time, (the "Record Date"), will be entitled to vote at the meeting of shareholders. In connection with the Scheme, ASE Test and ASE Inc. jointly filed a transaction statement on Schedule 13E-3 with the U.S. Securities and Exchange Commission (the "SEC") on January 4, 2008, which includes as an exhibit the draft disclosure document to be sent to shareholders of ASE Test (the "Scheme Document"). ASE Test and ASE Inc. also jointly filed amendments to the Schedule 13E-3 with the SEC on January 14, 2008 and today, respectively. The final Scheme Document will be mailed to shareholders of ASE Test of record as of the Record Date. Shareholders of ASE Test are encouraged to read the Scheme Document, as it will contain important information regarding the Scheme. About ASE Test ASE Test is one of the world's largest independent providers of semiconductor testing services. It provides customers with a complete range of semiconductor testing services, including front-end engineering test, wafer probe, final test and other test-related services. The ordinary shares of ASE Test are quoted for trading on The NASDAQ Global Market under the symbol "ASTSF". ASE Test's Taiwan Depository Shares, which represent its ordinary shares, are listed for trading on the Taiwan Stock Exchange under the symbol "9101". The directors of ASE Test (including any director who may have delegated detailed supervision of this press release) have taken all reasonable care to ensure that the facts stated and opinions expressed in this press release are fair or accurate and that no material facts have been omitted from this press release and they jointly and severally accept responsibility accordingly. Forward-Looking Statements All statements other than statements of historical facts included in this press release are or may be forward looking statements. Forward-looking statements include but are not limited to those using words such as "seek", "expect", "anticipate", "estimate", "believe", "intend", "project", "plan", "strategy", "forecast" and similar expressions or future or conditional verbs such as "will", "would", "should", "could", "may" and "might". These statements reflect ASE Test's current expectations, beliefs, hopes, intentions or strategies regarding the future and assumptions in light of currently available information. Such forward-looking statements are not guarantees of future performance or events and involve known and unknown risks and uncertainties. Accordingly, actual results may differ materially from those described in such forward-looking statements. Shareholders and investors should not place undue reliance on such forward-looking statements, and ASE Test undertakes no obligation to update publicly or revise any forward-looking statements. For further information please contact: Ken Hsiang (CFO) Tel: +1-510-687-2475 Steve C. Balet MacKenzie Partners, Inc. (Proxy Solicitation Agent) Tel: +44-20-7170-4155 DATASOURCE: ASE Test Limited CONTACT: Ken Hsiang, CFO of ASE Test, +1-510-687-2475, or ; Steve C. Balet of MacKenzie Partners, Inc. (Proxy Solicitation Agent) for ASE Test, +44-20-7170-4155 Web site: http://www.asetest.com/

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