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12.26 2013

Clarification on media reporting

1.Date of occurrence of the event:2013/12/26

2.Company name:Epistar Corporation

3.Relationship to the Company (please enter ”head office” or

  ”subsidiaries”):head office

4.Reciprocal shareholding ratios:N/A

5.Name of the reporting media:The Liberty Times

6.Content of the report:

Media reported the public offer ECB issued by EPISTAR, nearly USD250 Million,

is fully subscribed by Royal Philip. If all of ECB is converted to common

stock, the Royal Philip could be the first major shareholder holding 10.98%

share stake.

7.Cause of occurrence:

Such media report is market rumors.  All of the USD250 Million ECB are

public offer and distributed by Banks such as Citibank.

8.Countermeasures:None

9.Any other matters that need to be specified:None