ChipMOS REPORTS SECOND QUARTER 2007 RESULTS
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ChipMOS REPORTS SECOND QUARTER 2007 RESULTS

First Half 2007 Capex of US$109.3 Million vs US$249.2 Million in First Half of 2006

HSINCHU, Taiwan, Aug. 15 /Xinhua-PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company") (NASDAQ: IMOS) today reported unaudited consolidated financial results for the second quarter ended June 30, 2007. All U.S. dollar figures in this release are based on the exchange rate of NT$32.86 against US$1.00 as of June 29, 2007.

Net revenue for the second quarter of 2007 was NT$5,833.5 million or US$177.5 million, an increase of 22.2% from NT$4,774.7 million or US$145.3 million for the same period in 2006 and an increase of 1.9% from NT$5,723.0 million or US$174.2 million in the first quarter of 2007. Under US GAAP, the gross margin for the second quarter of 2007 was 27.6%, compared to 28.5% for the same period of 2006 and 27.2% for the first quarter of 2007. Under US GAAP, net income for the second quarter of 2007 was NT$135.4 million or US$4.1 million, and NT$1.63 or US$0.05 per basic common share, compared to NT$265.7 million or US$8.1 million, and NT$3.74 or US$0.11 per basic common share, for the first quarter of 2007. Net income under US GAAP included non-cash charges for changes in the fair value of the embedded derivative liabilities and amortization of discount on convertible notes of NT$236.5 million or US$7.2 million for the second quarter of 2007 and NT$102.9 million or US$3.1 million for the first quarter of 2007. Excluding the above special items regarding the convertible notes, non-GAAP adjusted net income for the second quarter of 2007 was NT$371.9 million or US$11.3 million, and NT$4.49 or US$0.14 per basic common share, compared to non-GAAP adjusted net income of NT$368.6 million or US$11.2 million, and NT$5.18 or US$0.16 per basic common share in the first quarter of 2007.

The unaudited consolidated financial results of ChipMOS for the second quarter ended June 30, 2007 included the financial results of ChipMOS TECHNOLOGIES INC., ChipMOS Japan Inc., ChipMOS U.S.A., Inc., ChipMOS TECHNOLOGIES (H.K.) Limited, MODERN MIND TECHNOLOGY LIMITED and its wholly- owned subsidiary ChipMOS TECHNOLOGIES (Shanghai) LTD., and ThaiLin Semiconductor Corp.

S.J. Cheng, Chairman and Chief Executive Officer of ChipMOS, said, "We are pleased with our performance in the second quarter. Our leadership position and long-term customer contracts helped us navigate the market's volatility. Despite continued pricing pressure in DRAM products, we achieved revenue growth on both a sequential and year-over-year basis, and expanded our gross margin to 27.6%. Our overall utilization rate improved to 80%. We currently expect further increases as we move into the second half of the year. However, the pricing pressure from DRAM businesses as well as TCP (Tape Carrier Package) services due to LCD driver technology migration to COF (Chip On Film) and COG (Chip On Glass) is expected to continue, which will partially offset the effects of our expected higher utilization. Though the short testing time, we have seen recovery of DDR II volume in August. DDR II volume is currently expected to increase month over month as the 70nm wafer manufacturing technology matures. The overall DRAM pricing pressure in the second half of 2007 has lessened as compared to the first half since certain portion of DRAM wafer capacity in the market has been allocated for NAND flash production by memory makers after the recent shortage of NAND supply. The decreased supply following the stronger DRAM demand in the second half of 2007 is currently expected to help resolve the over supply situation in the first half and gradually reduce our price pressure going forward."

S.K. Chen, Chief Financial Officer of ChipMOS, said, "There was very little change in the second quarter from the prior quarter in terms of revenue by segment. This reflects the improvement we are seeing in the important LCD driver market and healthy DDR and DDR II demand. We think there is considerable room for growth in these segments based on indications from our customers and market forecasts. From a geographic standpoint, we continue to see more and more content moving out of Japan and into Taiwan due to the growing presence and strength of our local manufacturing and supply chain. Importantly, our capex for the first half of 2007 came in at US$109.3 million. This compares to US$249.2 million in the first half of 2006. We are diligently managing our capex and following strict cost controls as we work to improve profitability and shareholder value."



    Selected Operation Data

                             2Q07             1Q07
    Revenue by segment
       Testing               49%              48%
       Assembly              33%              34%
       LCD Driver            18%              18%

    Utilization by segment
       Testing               77%              79%
       Assembly              86%              82%
       LCD Driver            78%              68%
       Overall               80%              78%

    CapEx                  US$51.0 million  US$58.3 million
       Testing               44%              37%
       Assembly              44%              33%
       LCD Driver            12%              30%

    Depreciation and
     amortization
     expenses (US GAAP)    US$51.3 million  US$51.7 million


Third Quarter 2007 Outlook

Based on current customer forecasts and market conditions, ChipMOS currently expects that revenue for the third quarter of 2007 will be in the range of approximately US$178 million to US$185 million, which would represent flat to approximately 4% sequential growth compared to the second quarter of 2007. The Company currently expects US GAAP gross margin on a consolidated basis for the third quarter of 2007 to be in the range of approximately 23% to 27%, reflecting decreasing DDR I SDRAM testing business from Hynix and price pressure from TCP and other DRAM businesses.

Mr. Cheng commented, "We are currently very optimistic about our prospects for the second half of 2007. The expected significant increase in DDR II output from our DRAM customers especially in the fourth quarter will be the major growth driver in the second half. Flash memory also expected to be strong reflecting a combination of market fundamentals and the mix of our customers. In terms of the fourth quarter, we currently expect it will be much stronger than the third quarter based on customer forecast and favorable end market conditions. We will continue to seek leverage of available capacity as we aim to profitably grow our revenue base, while maximizing our return from prior investments and keeping new investments as low as possible. At the same time, while we commit to providing the outstanding support to our customers who have come to rely on ChipMOS, we also remain committed to keeping new investments as low as possible as we work to deliver improved profitability."

Investor Conference Call / Webcast Details

ChipMOS will review detailed second quarter 2007 results on Wednesday, August 15, 2007 at 7:00PM ET (7:00AM, August 16, Taiwan time). The conference call-in number is 1-201-689-8562. A live webcast of the conference call will be available at ChipMOS' website at http://www.chipmos.com/ . The playback will be available in 2 hours after the conclusion of the conference call and will be accessible by dialing 1-201-612-7415. The account number to access the replay is 3055 and the confirmation ID number is 248166.

About ChipMOS TECHNOLOGIES (Bermuda) LTD.:

ChipMOS ( http://www.chipmos.com/ ) is a leading independent provider of semiconductor testing and assembly services to customers in Taiwan, Japan, and the U.S. With advanced facilities in Hsinchu and Southern Taiwan Science Parks in Taiwan and Shanghai, ChipMOS and its subsidiaries provide testing and assembly services to a broad range of customers, including leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries.

Forward-Looking Statements

Certain statements contained in this announcement may be viewed as "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual performance, financial condition or results of operations of the Company to be materially different from any future performance, financial condition or results of operations implied by such forward-looking statements. Further information regarding these risks, uncertainties and other factors is included in the Company's most recent Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the "SEC") and in the Company's other filings with the SEC.

Use of Non-GAAP Information

Readers are reminded that non-GAAP numbers contained in this announcement are merely a supplement to, and not a replacement for, the GAAP financial measures. These non-GAAP numbers should be read in conjunction with the US GAAP financial measures. It should be noted as well that the non-GAAP information provided in this announcement may be different from the non-GAAP information provided by other companies.

                     -- FINANCIAL TABLES FOLLOW BELOW --




                       ChipMOS TECHNOLOGIES (Bermuda) LTD.
                    CONSOLIDATED INCOME STATEMENT (UNAUDITED)
        For the Three Months Ended June 30, 2007, 2006 and March 31, 2007
                   Figures in Million of U.S. dollars (USD) (1)
               Except for Per Share Amounts and Shares Outstanding

                                             ROC GAAP            US GAAP
                                          3 months ended      3 months ended
                                   Jun. 30, Mar. 31, Jun. 30, Jun. 30, Mar. 31,
                                       2007     2007    2006    2007    2007
                                        USD     USD     USD     USD     USD

    Net Revenue                       177.5   174.2   145.3   177.5   174.2
    Cost of Revenue                   128.3   126.7   103.8   128.5   126.9
    Gross Profit                       49.2    47.5    41.5    49.0    47.3

    Operating Expenses
    Research and Development            2.6     2.3     2.2     2.6     2.3
    Sales and Marketing                 0.8     0.8     0.8     0.8     0.8
    General and Administrative          8.6     8.1     6.0    13.0    13.1
    Total Operating Expenses           12.0    11.2     9.0    16.4    16.2

    Income from Operations             37.2    36.3    32.5    32.6    31.1

    Non-Operating Expenses, Net        (0.2)   (5.4)   (1.3)   (8.6)   (7.6)
    Income before Income Tax,
     Minority Interests and
     Interest in Bonuses Paid
     by Subsidiaries                   37.0    30.9    31.2    24.0    23.5

    Income Tax Expense                (15.3)   (4.0)   (4.9)  (15.2)   (3.9)

    Income before Minority
     Interests and Interest
     in Bonuses Paid by
     Subsidiaries                      21.7    26.9    26.3     8.8    19.6

    Minority Interests                 (4.7)  (12.8)  (12.1)   (4.7)  (11.5)

    Interest in Bonuses Paid
     by Subsidiaries                   (8.6)     --    (4.5)     --      --

    Net Income                          8.4    14.1     9.7     4.1     8.1
    Earnings Per Share -Basic          0.10    0.20    0.14    0.05    0.11
    Shares Outstanding
     (in thousands)-Basic            82,865  71,107  68,498  82,865  71,107
    Earnings Per Share -Diluted        0.07    0.18    0.12    0.05    0.11
    Shares Outstanding
     (in thousands)-Diluted         111,211  85,085  84,387  85,306  73,779


    Note (1): All U.S. dollar figures in this release are based on the
    exchange rate of NT$32.86 against US$1.00 as of June 29, 2007. The
    convenience translation should not be construed as representations that
    the NT Dollar amounts have been, or could be in the future be, converted
    into US dollars at this or any other exchange rate.




                       ChipMOS TECHNOLOGIES (Bermuda) LTD.
                    CONSOLIDATED INCOME STATEMENT (UNAUDITED)
        For the Three Months Ended June 30, 2007, 2006 and March 31, 2007
                      Figures in Million of NT dollars (NTD)
               Except for Per Share Amounts and Shares Outstanding

                                       ROC GAAP                 US GAAP
                                   3 months ended            3 months ended
                             Jun. 30,  Mar. 31,  Jun. 30,  Jun. 30,  Mar. 31,
                               2007      2007      2006      2007      2007
                               NTD       NTD       NTD       NTD       NTD

    Net Revenue              5,833.5   5,723.0   4,774.7   5,833.5   5,723.0
    Cost of Revenue          4,216.8   4,163.6   3,411.9   4,222.6   4,168.2
    Gross Profit             1,616.7   1,559.4   1,362.8   1,610.9   1,554.8

    Operating Expenses
    Research and
     Development                85.6      74.4      70.8      85.6      74.4
    Sales and Marketing         27.5      26.1      27.3      27.5      26.1
    General and
     Administrative            281.8     266.5     197.2     428.7     433.2
    Total Operating
     Expenses                  394.9     367.0     295.3     541.8     533.7

    Income from Operations   1,221.8   1,192.4   1,067.5   1,069.1   1,021.1

    Non-Operating Expenses,
     Net                        (8.1)   (176.8)    (43.8)   (281.5)   (250.7)
    Income before Income
     Tax and Minority
     Interests and
     Interest in Bonuses
     Paid by Subsidiaries    1,213.7   1,015.6   1,023.7     787.6     770.4

    Income Tax Expense        (501.5)   (130.7)   (159.9)   (498.9)   (128.3)

    Income before Minority
     Interests and Interest
     in Bonuses Paid by
     Subsidiaries              712.2     884.9     863.8     288.7     642.1

    Minority Interests        (155.4)   (419.8)   (398.0)   (153.3)   (376.4)

    Interest in Bonuses Paid
     by Subsidiaries          (283.2)       --    (149.5)       --        --

    Net Income                 273.6     465.1     316.3     135.4     265.7
    Earnings Per Share -
     Basic                      3.30      6.54      4.62      1.63      3.74
    Shares Outstanding (in
     thousands)-Basic         82,865    71,107    68,498    82,865    71,107
    Earnings Per Share -
     Diluted                    2.15      6.06      3.89      1.59      3.60
    Shares Outstanding (in
     thousands)-Diluted      111,211    85,085    84,387    85,306    73,779




                     ChipMOS TECHNOLOGIES (Bermuda) LTD.
   RECONCILIATION OF US GAAP NET INCOME TO NON-GAAP NET INCOME (UNAUDITED)

            For the Three Months Ended June 30 and March 31, 2007
              Figures in Million of U.S. dollars (USD) (Note 1)
                         Except for Per Share Amounts

    Use of Non-GAAP Financial Information

To supplement our consolidated income statement (unaudited) for the three months ended June 30, 2007 on a US GAAP basis, the Company uses a non-GAAP measure of net income, which is US GAAP net income adjusted to exclude two non-cash charges referred to as special items. The two non-cash charges excluded are changes in the fair value of the embedded derivative liabilities and amortization of discount on convertible notes. These charges are considered by the management to be outside of the Company's core operating results. For example, changes in the fair value of the embedded derivative liabilities relate heavily to the Company's stock price, interest rate and volatility, all of which are difficult to predict and outside of the control of the Company and its management.

For these reasons, management uses non-GAAP adjusted measures of net income and non-GAAP net income per share to evaluate the performance of our core businesses, to estimate future core performance and to compensate employees. In addition, this information facilitates our management's internal comparisons to our historical operating results as well as to the operating results of our competitors.

The Company's management finds these supplemental non-GAAP measures to be useful, and we believe these non-GAAP measures are useful to investors in enabling them to perform additional analyses of past, present and future operating performance and as a supplemental means to evaluate our core operating results. However, readers are reminded that non-GAAP numbers are merely a supplement to, and not a replacement for, US GAAP financial measures. They should be read in conjunction with the US GAAP financial measures. It should be noted as well that our non-GAAP information may be different from the non-GAAP information provided by other companies.


                                                       3 months ended
                                             Jun. 30, 2007    Mar. 31, 2007
    US GAAP Net Income                             4.1             8.1

    Special Items (in Non-Operating Expenses, Net)
      Changes in the fair value of the embedded
        derivative liabilities(Note 2)             4.4             0.3
      Amortization of discount on convertible
        notes(Note 3)                              2.8             2.8
    Total Special Items                            7.2             3.1

    Non-GAAP Adjusted Net Income                  11.3            11.2

    US-GAAP Net Income Per Share (Basic)          0.05            0.11
      Adjustment for special items                0.09            0.05
    Non-GAAP Net Income Per Share (Basic)         0.14            0.16

    US-GAAP Net Income Per Share (Diluted)        0.05            0.11
      Adjustment for special items                0.08            0.04
    Non-GAAP Net Income Per Share (Diluted)       0.13            0.15



    Notes:
    (1) All U.S. dollar figures in this release are based on the exchange rate
        of NT$32.86 against US$1.00 as of June 29, 2007. The convenience
        translation should not be construed as representations that the NT
        Dollar amounts have been, or could be in the future be, converted into
        US dollars at this or any other exchange rate.

    (2) The Company's management believes excluding non-cash special charge
        for the changes in the fair value of the embedded derivative
        liabilities from its non-GAAP financial measure of net income is
        useful for itself and investors as such expense does not have
        any impact on cash available to the Company.

    (3) The Company's management believes excluding non-cash amortization
        expense of discount on convertible notes from its non-GAAP financial
        measure of net income is useful for the Company and investors as such
        expense does not have any impact on cash available to the Company.



                     ChipMOS TECHNOLOGIES (Bermuda) LTD.
         NON-GAAP CONDENSED CONSOLIDATED INCOME STATEMENT (UNAUDITED)
  (Excluding non-cash charges for changes in the fair value of the embedded
                  derivative liabilities and amortization of
                        discount on convertible notes)

            For the Three Months Ended June 30 and March 31, 2007
              Figures in Million of U.S. dollars (USD) (Note 1)
             Except for Per Share Amounts and Shares Outstanding

                                          3 months ended
                                  Jun. 30, 2007      Mar. 31, 2007
    Net Revenue                          177.5          174.2
    Cost of Revenue                      128.5          126.9
    Gross Profit                          49.0           47.3

    Operating Expenses
    Research and Development               2.6            2.3
    Sales and Marketing                    0.8            0.8
    General and Administrative            13.0           13.1
    Total Operating Expenses              16.4           16.2

    Income from Operations                32.6           31.1

    Non-Operating Expenses, Net(Note 2)   (1.4)          (4.5)

    Income before Income Tax and Minority
     Interests(Note 2)                    31.2           26.6

    Income Tax Expense                   (15.2)          (3.9)

    Income before Minority Interests
     (Note 2)                             16.0           22.7

    Minority Interests                    (4.7)         (11.5)

    Net Income(Note 2)                    11.3           11.2
    Earnings Per Share-Basic(Note 2)      0.14           0.16

    Shares Outstanding (in thousands)
      -Basic                            82,865         71,107
    Earnings Per Share-Diluted(Note 2)    0.13           0.15

    Shares Outstanding (in thousands)
      -Diluted                          85,306         73,779



    Note:
    (1) All U.S. dollar figures in this release are based on the exchange rate
        of NT$32.86 against US$1.00 as of June 29, 2007. The convenience
        translation should not be construed as representations that NT Dollar
        amounts have been, or could be in the future be, converted into US
        dollars at this or any other exchange rate.

    (2) The amount presented is not prepared in accordance with US GAAP and
        does not include non-cash charges for changes in
        the fair value of the embedded derivative liabilities and amortization
        of discount on convertible notes of NT$236.5 million, or US$7.2
        million, for the three  months ended June 30, 2007 and NT$102.9
        million, or US$3.1 million, for the three  months ended March 31, 2007.
        Please see "Reconciliation of US GAAP Net Income to
        Non-GAAP Net Income (Unaudited)" above.



                     ChipMOS TECHNOLOGIES (Bermuda) LTD.
                          CONSOLIDATED BALANCE SHEET
             As of June 30, March 31, 2007 and December 31, 2006
              Figures in Million of U.S. dollars (USD) (Note 1)

                                   ROC GAAP                   US GAAP
                          Jun. 07  Mar. 07  Dec. 06  Jun. 07  Mar. 07 Dec 06
                           (Un-     (Un-              (Un-     (Un-
                          audited) audited)(Audited) audited) audited)(Audited)
                            USD      USD      USD      USD      USD     USD

        ASSETS
     Cash and Cash
     Equivalents           125.7    127.3    179.4    125.7     127.3   179.4
     Financial Assets at
     Fair Value Through
     Profit or Loss          7.4     28.5     58.7      7.4      28.5    58.7
     Accounts and Notes
     Receivable            160.7    151.3    154.0    160.7     151.3   154.0
     Inventories            28.3     26.1     28.8     28.3      26.1    28.8
     Other Current Assets   70.0     36.6     12.2     70.0      36.6    12.2
     Total Current Assets  392.1    369.8    433.1    392.1     369.8   433.1

     Long-term Investments  11.2     11.1     11.2     11.2      11.1    11.2

     Property, Plant &
     Equipment-Net         939.1    937.4    928.0    935.4     934.0   924.5
     Intangible Assets       5.4      5.4     10.7      5.4       5.4    13.6
     Other Assets           49.1     46.8     17.2     50.4      49.1    16.8
                         1,396.9  1,370.5  1,400.2  1,394.5   1,369.4 1,399.2
     Total Assets


           LIABILITIES
     Current Liabilities
      Short-Term Bank Loans 74.1     62.3     32.1     74.1      62.3    32.1
      Current Portion of
       Long-Term Debt      104.4     63.7     71.1    104.4      63.7    71.1
     Accounts Payable and
       Payables to
       Contractors and
       Equipment
       Suppliers            44.0     53.6     54.6     44.0      53.6    54.6
     Other Current
       Liabilities          84.3     48.2     47.5     91.2      65.6    61.5
        Total Current
         Liabilities       306.8    227.8    205.3    313.7     245.2   219.3
     Long-Term Liabilities
       Long-Term Debts     445.3    491.8    483.9    483.2     522.4   512.4
     Other Liabilities      13.7     15.6     14.6     14.7      16.6    15.3
       Total Liabilities   765.8    735.2    703.8    811.6     784.2   747.0


      SHAREHOLDERS' EQUITY
     Capital Stock          0.8       0.8     0.7      0.8       0.8      0.7
     Option Warrants        4.2       4.2     4.3     15.1      15.2     14.5
     Deferred Compensation (1.3)     (1.5)   (1.7)    (6.9)     (8.2)    (9.2)
     Capital Surplus       369.8    370.4   293.0    350.0     350.5    273.3
     Retained Earnings     146.7    141.7   131.5    117.5     116.7    112.6
     Cumulated Translation
     Adjustments             5.6      4.8     2.1      5.6       4.8      2.1
     Unrecognized Pension
     Cost                     --       --      --      (1.9)     (1.9)   (1.4)
     Minority Interests    105.3    114.9    266.5    102.7     107.3   259.6
        Total Equity       631.1    635.3    696.4    582.9     585.2   652.2
     Total Liabilities &
     Shareholders'
       Equity            1,396.9  1,370.5  1,400.2  1,394.5   1,369.4 1,399.2



    Note (1): All U.S. dollar figures in this release are based on the
    exchange rate of NT$32.86 against US$1.00 as of June 29, 2007. The
    convenience translation should not be construed as representations the NT
    Dollar amounts have been, or could be in the future be, converted into US
    dollars at this or any other exchange rate.



                     ChipMOS TECHNOLOGIES (Bermuda) LTD.
                          CONSOLIDATED BALANCE SHEET
             As of June 30, March 31, 2007 and December 31, 2006
                    Figures in Million of NT dollars (NTD)

                                                       ROC GAAP
                                           Jun. 07     Mar. 07      Dec. 06
                                         (Unaudited) (Unaudited)   (Audited)
                   ASSETS                    NTD         NTD          NTD
    Cash and Cash Equivalents               4,128.3    4,183.6     5,895.9
    Financial Assets at Fair Value
     Through Profit or Loss                   243.1      937.5     1,929.1
    Accounts and Notes Receivable           5,281.2    4,970.5     5,060.8
    Inventories                               931.0      856.1       945.8
    Other Current Assets                    2,299.6    1,202.3       401.0
      Total Current Assets                 12,883.2   12,150.0    14,232.6

    Long-term Investments                     366.8      364.6       366.7

    Property, Plant & Equipment-Net        30,858.9   30,805.8    30,494.3
    Intangible Assets                         176.8      176.1       353.0
    Other Assets                            1,615.1    1,539.4       565.3
      Total Assets                         45,900.8   45,035.9    46,011.9


                 LIABILITIES
    Current Liabilities
    Short-Term Bank Loans                   2,435.2    2,046.2     1,055.3
    Current Portion of Long-Term Debt       3,428.7    2,093.4     2,335.3
    Accounts Payable and Payables to
     Contractors and Equipment Suppliers    1,446.9    1,763.1     1,796.2
    Other Current Liabilities               2,771.1    1,582.7     1,560.7
    Total Current Liabilities              10,081.9    7,485.4     6,747.5
    Long-Term Liabilities
     Long-Term Debts                       14,631.2   16,160.3    15,900.5
    Other Liabilities                         449.6      512.9       479.0
      Total Liabilities                    25,162.7   24,158.6    23,127.0


            SHAREHOLDERS' EQUITY
    Capital Stock                              27.2       27.2        23.0
    Option Warrants                           137.7      139.4       140.7
    Deferred Compensation                     (43.7)     (50.8)      (56.6)
    Capital Surplus                        12,150.9   12,171.5     9,631.2
    Retained Earnings                       4,821.8    4,656.4     4,322.2
    Cumulated Translation Adjustments         184.5      156.3        68.1
    Unrecognized Pension Cost                    --         --          --
    Minority Interests                      3,459.7    3,777.3     8,756.3
      Total Equity                         20,738.1   20,877.3    22,884.9
    Total Liabilities & Shareholders'
     Equity                                45,900.8   45,035.9    46,011.9


                     ChipMOS TECHNOLOGIES (Bermuda) LTD.
                          CONSOLIDATED BALANCE SHEET
             As of June 30, March 31, 2007 and December 31, 2006
                    Figures in Million of NT dollars (NTD)


                                                       US GAAP
                                           Jun. 07     Mar. 07     Dec. 06
                                         (Unaudited) (Unaudited)   (Audited)
                   ASSETS                    NTD         NTD          NTD
    Cash and Cash Equivalents               4,128.3    4,183.6    5,895.9
    Financial Assets at Fair Value
     Through Profit or Loss                    243.1       937.5    1,929.1
    Accounts and Notes Receivable            5,281.2     4,970.5    5,060.8
    Inventories                                931.3       856.4      946.1
    Other Current Assets                     2,299.6     1,202.3      401.0
      Total Current Assets                  12,883.5    12,150.3   14,232.9

    Long-term Investments                      366.8       364.6      366.7

    Property, Plant & Equipment-Net         30,738.0    30,692.5   30,377.7
    Intangible Assets                          176.8       176.1      446.7
    Other Assets                             1,659.0     1,614.7      552.1
      Total Assets                          45,824.1    44,998.2   45,976.1


                 LIABILITIES
    Current Liabilities
    Short-Term Bank Loans                    2,435.2     2,046.2    1,055.3
    Current Portion of Long-Term Debt        3,428.7     2,093.4    2,335.3
    Accounts Payable and Payables to
     Contractors and Equipment Suppliers     1,446.9     1,763.1    1,796.2
    Other Current Liabilities                2,997.5     2,153.8    2,020.2
     Total Current Liabilities              10,308.3     8,056.5    7,207.0
    Long-Term Liabilities
     Long-Term Debts                        15,877.5    17,164.4   16,836.2
    Other Liabilities                          482.9       546.4      502.2
      Total Liabilities                     26,668.7    25,767.3   24,545.4


            SHAREHOLDERS' EQUITY
    Capital Stock                               27.2        27.2       23.0
    Option Warrants                            495.9       500.4      478.1
    Deferred Compensation                     (225.7)     (270.5)    (303.1)
    Capital Surplus                         11,499.6    11,520.3    8,979.9
    Retained Earnings                        3,861.0     3,833.8    3,698.9
    Cumulated Translation Adjustments          184.5       156.3       68.1
    Unrecognized Pension Cost                  (62.9)      (62.9)     (44.7)
    Minority Interests                       3,375.8     3,526.3    8,530.5
      Total Equity                          19,155.4    19,230.9   21,430.7
    Total Liabilities & Shareholders'
     Equity                                 45,824.1    44,998.2    45,976.1




    Contacts:
    In Taiwan
     Dr. S.K. Chen
     ChipMOS TECHNOLOGIES (Bermuda) LTD.
     Tel:   +886-6-507-7712
     Email: 
Email Contact

    In the U.S.
     David Pasquale
     The Ruth Group
     Tel:   +1-646-536-7006
     Email: 
Email Contact

Bermuda) LTD.

Web site: http://www.chipmos.com/