Science-Based Industrial Park, Hsinchu, Taiwan, R.O.C. March 24th, 2003 - Sunplus Technology Co., Ltd. ("Sunplus" or "the company") (TAIEX: 2401, FTSE: SUPD) today held a meeting of the Board of Directors and Supervisors, at which the Board adopted a proposal recommending distribution of cash dividend from profits as NT$2.00 per common share and stock dividend from capital surplus as 100 shares per 1,000 shares. According this proposal, GDR holders will get 10% stock dividend and cash dividend NT$4.0 per GDR share for each GDR share represents 2 common Sunplus shares.

The BOD also proposed of new shares for capital increase from 2002 profits for employee stock bonus program. The proposed total shares for employee stock bonus are 13,059,000 shares at par value, which are equivalent to NT$130,590,000. The proposal will be discussed and voted on at the regular annual shareholders' meeting scheduled for May 06 2003. The lock-up period shall be notified on the invitation to the shareholders' meeting. Sunplus net sales (parent company only) for 2002 were NT$8.64 billion, and net income after tax was NT$2,116 million, with earnings per share of NT$3.03. Sunplus Annual shareholders' meeting will be held in the Room 201 of the Science Park Life Hub at 9:00 AM on May 06, 2003 (Monday). Invitations to the shareholders will be sent 30 days prior to the date of the shareholders' meeting by mail.

About Sunplus

Sunplus Technology Co., Ltd. (TWSE: 2401, LSE: SUPD), established in 1990, is a leading chip provider for multimedia and automotive applications such as DVD player, portable DVD player, home entertainment audio products, car infotainment and advanced driving assistance system(ADAS). Meanwhile Sunplus is offering high-speed I/O IP, high performance data conversion IP, and analog IP for a broad range of applications on consumer, portable, and connected devices for Sunplus has been accumulating strong IP technologies on consumer and multimedia segments. Sunplus is headquartered in Taiwan and has service offices in Shanghai, Shenzhen and Chengdu. For more information, please visit Sunplus website at www.sunplus.com.

Sunplus Contact

Spokesperson

Wayne Shen
Vice President
+886-3-5786005#2350
wayne@sunplus.com

Deputy Spokesperson

Joseph Chuang
Administration Div. Director
+886-3-5786005#3120
pr@sunplus.com