ChipMOS TAIWAN ANNOUNCES PRICING OF SHARE SUBSCRIPTION

HSINCHU, April 3, 2014 /PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company") (Nasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and testing services, today announced that ChipMOS TECHNOLOGIES INC. ("ChipMOS Taiwan"), its 62.1% owned subsidiary, priced its previously announced share subscription at a price of NT$26.5 per common share (approximately US$0.88 per common share).

20 million common shares are being sold in an underwritten public offering, with Yuanta Securities Company, Limited is acting as the book-running manager and Capital Securities Corp. acting as the co-manager for the initial public offering. Pursuant to the Taiwan listing process, ChipMOS Taiwan is issuing 18.5 million new common shares, while 1.5 million shares are being offered by certain shareholders. Under applicable Taiwan laws, an additional 3.3 million new common shares have been reserved as incentive for the purchase by employees under managerial level of ChipMOS Taiwan.

ChipMOS Taiwan intends to use the proceeds from the sale of the 21.8 million new common shares in this offering for general corporate purposes, including supporting potential growth opportunities. The offering is expected to close on April 9, 2014.

Following the subscription process and when listed on the main board of Taiwan Stock Exchange ("TWSE"), ChipMOS Taiwan is expected to have 864.6 million shares outstanding. The Company would own approximately 522.1 million or 60.4% of the shares outstanding after the commencement of trading on the main board of TWSE.

Information on and related to the ChipMOS Taiwan's listing application has been disclosed in the Company's earlier announcements on its March 18, April 12, April 18, May 10, August 26, October 8 and November 27, 2013 and January 28, March 11, March 28 and April 1, 2014 press releases.

The information contained in this announcement do not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States or in any jurisdiction in which such offer or solicitation would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The securities mentioned herein have not been and will not be registered under the US Securities Act of 1933 (the "Securities Act"), and may not be offered, sold, resold, delivered or distributed, directly or indirectly, in or into the United States except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with the securities laws of any state or other jurisdiction of the United States.

About ChipMOS TECHNOLOGIES (Bermuda) LTD.:

ChipMOS TECHNOLOGIES (Bermuda) LTD. (NASDAQ: IMOS) (http://www.chipmos.com) is an industry leading provider of outsourced semiconductor assembly and testing services. With advanced facilities in Hsinchu and Southern Taiwan Science Parks in Taiwan and Shanghai, ChipMOS and its subsidiaries provide assembly and testing services to a broad range of customers, including leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries. The Company's majority-owned subsidiary, ChipMOS Taiwan, is listed on the Gre Tai Securities Market under Stock Ticker 8150.

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.