Acer Inc. 1H 2006 financial results: PAT NT$7.1B (US$219.24M), EPS NT$3.09, operating income NT$3.44B (US$106.18M)

TAIPEI, TAIWAN (30 August, 2006) -- Acer reports the financial results for the first half of 2006, following approval from the Board of Directors today. The operating income was NT$3.44B (US$106.18M), exceeding the result from the first half of 2005 if comparing on the same bases, by disregarding the income of NT$490M (US$15.12M) from land property sale in Q1 2005.

Profit after tax (PAT) was NT$7.1B (US$219.24M), up from NT$4.41B (US$136.12M) on year; earning per share (EPS) was NT$3.09, up from NT$1.92 on year; and consolidated revenue reached NT$155.85B (US$4.81B), rising 18.6% from last year's NT$131.39B (US$4.06B).

For Q2 2006, Acer's consolidated revenue reached NT$72.86B (US$2.25B), growing 10.9% from last year's NT$65.68B (US$2.03B). Operating income was NT$1.52B (US$46.79M), slightly behind last year's NT$1.66B (US$51.21M) and reflecting the aggressive PC price war and worldwide notebook market slowdown. Finally, the PAT was NT$3.08B (US$95.01M), compared to last year's NT$2.27B (US$69.91M).

Acer's 2006 financial forecasts are NT$400B (US$12.42B) in consolidated revenue and NT$10B (US$311.12M) in PAT. The first half results have hit 39%, and 71% of respective targets.

Acer Inc. 1H 2006 financial figures

Acer Inc. Q2 2006 financial figures

Notes:

• Acer Inc. consolidated revenue includes revenues from other companies in which Acer Inc. has 50% or more ownership, and already deducts any revenues between Acer Inc. and these companies to avoid double-counting.
• The exchange rates were: US$1:NT$32.399; 2006 forecast - US$1:NT$32.2.

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About Acer
Since its founding in 1976, Acer has constantly pursued the goal of breaking the barriers between people and technology. Focused on marketing its brand-name IT products around the globe, Acer ranks as the world's No. 3  vendor for total PCs and No. 2 for notebooks, with the fastest growth among the top-five players. A profitable and sustainable Channel Business Model is instrumental to Acer's continued growth, while the successful mergers of Gateway and Packard Bell complete the company's global footprint by strengthening its presence in the U.S., and enhancing its strong position in Europe. Acer Inc. employs 5,000 people worldwide. 2007 revenues reached US$14.07 billion.

Contact:
Stella T.H. Chou, Henry Wang
PR, Branding Division
8F, 88, Sec.1, Hsin Tai Wu Rd., Hsichih,
Taipei Hsien 221, Taiwan, R.O.C.
Tel: 886-2-8691-3204/1046
Fax: 886-2-8691-3262
E-mail: Stella_th_chou@acer.com.tw  Henrywang@acer.com.tw

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