The company shipped large-sized panel of 21.85 million units, a 0.8%sequentially decreased but a 12% YoY increase. Small- and medium-sized panelshipments amounted to 41.88 million, increased 11.1% QoQ and 29.9% YoYrespectively.

Mr. Max Cheng, CFO and Spokesperson of AUO noted that owing to the slowseason and uncertainties of the current macro environment, shipments and ASPin both IT and TV panels were lower than its previous expectations. However,AUO not only adjusted the product portfolio to meet with the changes of marketdemand, but also cautiously managed its inventory level (including rawmaterials, work-in-progress and finish goods) to be at around 40 days.Therefore, AUO was able to report its gross margin and operating margin of25.0% and 19.5% respectively, and net income of NT$ 20.4 billion, asubstantial improvement from NT 5.9 billion in 2Q2007. As a result, AUOcontinuously reduced the debt ratio and strengthened its financial structureto cope with any unexpected challenges in the future.

* Amounts converted by an exchange rate of NTD30.36:USD1 as of June 30, 2008. * All financial information was unaudited and was prepared by the Company in accordance with generally accepted accounting principles in Taiwan ("ROC GAAP") About AU Optronics

AU Optronics Corp. ("AUO") is the world's 2nd largest manufacturer* oflarge-sized thin film transistor liquid crystal display panels ("TFT-LCD"),with approximately 20%* of global market share in 1Q/2008 and revenues ofNT$480.2 billion (US$14.81billion)* in 2007. TFT-LCD technology is currentlythe most widely used flat panel display technology. Targeted for 40"+ sizedLCD TV panels, AUO's new generation (7.5-generation) fabrication facilityproduction started mass production in the fourth quarter of 2006. The Companycurrently operates one 7.5-generation, two 6th-generation, four5th-generation, one 4th-generation, and four 3.5-generation TFT-LCD fabs, inaddition to eight module assembly facilities and the AUO Technology Centerspecializes in new technology platform and new product development. AUO isone of few top-tier TFT-LCD manufacturers capable of offering a wide range ofsmall- to large-sized (1.5"-65") TFT-LCD panels, which enables it to offer abroad and diversified product portfolio.

* DisplaySearch 1Q2008 WW Large-Area TFT-LCD Shipment Report dated Apr 24, 2008. This data is used as reference only and AUO does not make any endorsement or representation in connection therewith. 2007 year end revenue converted by an exchange rate of NTD32.43:USD1. Safe Harbour Notice

AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO), theworld's third largest manufacturer of large-size TFT-LCD panels, todayannounced the above news. Except for statements in respect of historicalmatters, the statements contained in this Release are "forward-lookingstatements" within the meaning of Section 27A of the U.S. Securities Act of1933 and Section 21E of the U.S. Securities Exchange Act of 1934. Theseforward-looking statements were based on our management's expectations,projections and beliefs at the time regarding matters including, among otherthings, future revenues and costs, financial performance, technology changes,capacity, utilization rates, yields, process and geographical diversification,future expansion plans and business strategy. Such forward looking statementsare subject to a number of known and unknown risks and uncertainties that cancause actual results to differ materially from those expressed or implied bysuch statements, including risks related to the flat panel display industry,the TFT-LCD market, acceptance and demand for our products, technological anddevelopment risks, competitive factors, and other risks described in thesection entitled "Risk Factors" in our Form 20-F filed with the United StatesSecurities and Exchange Commission on December 31, 2006.

For more information, please contact: Fiona Chiu Corporate Communications Dept AU Optronics Corp Tel: +886-3-500-8899 x3206 Fax: +886-3-577-2730 Email: fiona.chiu@auo.com Yawen Hsiao Corporate Communications Dept. AU Optronics Corp. Tel: +886-3-500-8899 x3211 Fax: +886-3-5772730 Email: yawen.hsiao@auo.comSOURCE AU Optronics Corp.