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To: Paul Lee who wrote (2618)2/23/1998 4:48:00 PM
From: DJBEINO  Read Replies (1) | Respond to of 9582
 
National plans Taiwan electronic warrants

Reuters, Monday, February 23, 1998 at 03:29

Each basket consists of:
United Microelectronics (TW:2303) 0.15 share
First International Computer (TW:2319) 0.15 share
Compal Electronics (TW:2324) 0.15 share
Yageo Corp (TW:2327) 0.10 share
Macronix International Corp (TW:2337) 0.10 share
Mosel Vitelic Inc (TW:2342) 0.15 share
Winbond Electronics Corp (TW:2344) 0.10 share
Acer Peripherals Corp (TW:2352) 0.10 share Details
of National's warrants are as follows:
STRIKE PRICE T$79.10 PREMIUM 27.00 pct
ISSUE PRICE* T$21.375 GEARING* 3.70 times
EXPIRATION 12 months MIN EXER LOT 1,000
LISTING TAIEX SETTLEMENT Cash/Stock
REFERENCE SPOT T$79.10 LISTING DATE To be determined
* Based on traders' calculations. Refer to firm's
term-sheet of the warrant for official figures.