Hsinchu Science Park, Taiwan, R.O.C. June 1st, 2004 - Sunplus Technology Co., Ltd. (SUNPLUS or the "Company") (TAIEX: 2401, LSE: SUPD), today held the annual shareholders meeting, at which the shareholders approved the distribution of NT$1.5 cash dividend per common share plus 10% stock dividend. According this proposal, GDR holders will get NT$3 cash dividend per GDR share for each GDR share represents 2 common Sunplus shares and 10% stock dividend.

The major resolutions of this shareholders' meeting are as follow:

1. Shareholders accepted the financial results for 2003. Net sales for FY2003 were NT$11,098 million and net income was NT$2,007 million, with an earnings per share of NT$2.58 based on outstanding shares 777.504 million shares.

2. Shareholders approved the capitalization of dividends and employee profit sharing to be distributed from fiscal year 2003 profits and capital reserves. The company will distribute NT$1.5 cash dividend per common share from profits and 10% stock dividend as 20 shares per 1000 shares from profits and as 80 shares per 1,000 shares from capital surplus, and issue 20,000,000 shares as employee stock bonus from earnings. Issuance of new shares totaled 97,750,400 common shares. The total outstanding shares after dividend will be 875,254,400 shares.