Kung Sing Engineering CorporationTWSE: 5521

Endorsements and Guarantees Correction Notice, the December 2015 and January 2016

· Issued by Kung Sing Engineering Corporation

1.Date of occurrence of the event:2016/3/23

2.Company name: Chan Pang Construction Co.

3.Relationship to the Company (please enter 'head office' or'subsidiaries'): subsidiaries

4.Reciprocal shareholding ratios:100% shareholding subsidiaries

5.Name of the reporting media:NA

6.Content of the report:NA

7.Cause of occurrence:December 2015 and January 2016 Endorsements and Guarantees Correction ,Correct handling and announcement described below.

(1)The December 2015, the highest of this month The cumulative balance.(Unit: thousand)
TKUO YANG Company:Mistakenly original amount NT 2,712,000, corrected to NT 3,021,760.
HO HSIN CHENG Company:Mistakenly original amount NT 631,218, corrected to NT 925,414.
HUNG HUI Company:Mistakenly original amount NT 450,870, corrected to NT 904,760.
TING LI Company:Mistakenly original amount NT 386,460, corrected to NT 566,580.
WEI LI Company:Mistakenly original amount NT 678,000, corrected to NT 1,242,940.
YU SHENG Company:Mistakenly original amount NT 463,752, corrected to NT 679,896.

(2)The December 2015,Endorsements and Guarantees ending balance. ( Unit: thousand)
HUNG HUI Company:Mistakenly original amount NT 450,870, corrected to NT 694,620.
WEI LI Company:Mistakenly original amount NT 678,000, corrected to NT 1,165,500.

(3) The December 2015,Endorsement secured property of the guaranteed payment.( Unit: thousand)
HUNG HUI Company:Mistakenly original amount NT 450,870, corrected to NT 694,620.
WEI LI Company:Mistakenly original amount NT 678,000, corrected to NT 1,165,500.

(4)The January 2016,the highest of this month The cumulative balance,Endorsements and Guarantees ending balance,and Endorsement secured property of the guaranteed payment. ( Unit: thousand)
HUNG HUI Company:Mistakenly original amount NT 450,870, corrected to NT 694,620.

WEI LI Company:Mistakenly original amount NT 678,000, corrected to NT 1,165,500.

8.Countermeasures:Re-upload MOPS after data correction.

9.Any other matters that need to be specified:NO