Announcing 1st Quarter Earnings - Revised

2013 - January 11

The Fund reported a net asset value per share of $17.36 as of the close of business on November 30, 2012. This represents an increase of $0.15 per share from the net asset value per share of $17.21 reported on August 31, 2012. The Fund's share price as traded on the New York Stock Exchange on November 30, 2012 was $15.61, representing a discount to net asset value of 10.08%. This represents an increase of $0.03 per share from the share price of $15.58 on August 31, 2012, which represented a discount to net asset value of 9.47%. The Fund had a total return of 0.87% for the three months ended November 30, 2012, based on the change in its net asset value. For the same period the Taiwan Stock Exchange Index, a price index and not a total return index, returned 5.64% (in US$ terms).

For the three month period ended November 30, 2012, the Fund had net realized loss of $364,808 on investment transactions and a change in net unrealized gain of $1,999,760 on investments held. The Fund's net investment loss (consisting of dividend and interest income less operating expenses) for the same period was $676,496.

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