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China Airlines Appoints New Chairman

July 29, 2004, Taipei, Taiwan –Mr. Yao-Chung Chiang took the position of China Airlines’ Chairman today. A hand-over ceremony was held in the head office of China Airlines in Taipei. After the ceremony, China Airlines staff lined up to bid farewell to Mr. Yun-Ling Lee, the retired Chairman.

In the ceremony, Mr. Chiang mentioned that China Airlines is one of the leading names in the aviation industry, with high staff moral. “China Airlines has achieved outstanding operation results in terms of flight safety, strategy planning, product innovation and service enhancement,” said Chairman Chiang. “On the solid ground built by Chairman Lee, I will endeavor my talent to the company and make it further flourish.”

Chairman Chiang emphasized that in the future he will continue to encourage innovation, enhance service quality, improve flight safety, built a better working environment for employees and generate more profit for shareholders.

The retired Chairman, Mr. Yun-Ling Lee, expressed his appreciation for the long support from China Airlines staff in the ceremony. He also wished China Airlines can fulfill its vision to become the most reliable airline in the world.

Mr. Yao-Chung Chiang was born in 1952 and obtained a Ph.D. degree of Mechanical Engineering from University of Wisconsin, Madison. Prior to joining China Airlines, Mr. Chiang is the Vice Chairman of Public Construction Commission since May 2000. Mr. Chiang has solid experience in the fields of transportation, public construction and business management. His professional career include Director General, Deputy Director General and Chief Engineer of Department of Rapid Transit Systems, Taipei City Government, Board member of Taipei Rapid Transit Corporation, Director and Research Fellow of Chung Shan Institute of Science and Technology.