<P>BenQ Announces November Consolidated Revenue</P>

Europe, 8 December, 2003 – BenQ today announced November consolidated revenue for its core business at US$ 329 million, up 16% year-on-year and down 9% month-on-month. At the parent company level, BenQ’s October revenue was up 17% year-on-year and 5% month-on-month reached US$ 326 million, setting a historical record.

BenQ vice spokesman Mr. Alex Liou mentioned that a shortage of components and lack of inventory resulted in sales revenue that did not reflect market demand. Meanwhile, BenQ production lines have been trying to make up the usual inventory levels. December revenues are expected to be higher than that of November.

	Revenue	Growth Rate MoM	Growth Rate YoY
Core Business	US$329 mil.	9%	16%
Parent Company	US$326 mil.	5%	17%

This information has been compiled from sources we believe to be reliable, but we do not make any representation on warrants as to its accuracy or completeness. All opinions and estimates included in this report constitute our judgment as of this date and are subject to change without notice. BenQ and its affiliates accept no liability whatsoever for any direct or consequential loss arising from any use of the information express or implied in this document.