Appointment made by Queen Elizabeth II

In recognition of his services to shipping and British economic interests, Dr. Chang Yung-Fa, Group Chairman of the Taiwan-headquartered transport conglomerate, the Evergreen Group, has been appointed Commander of the British Empire (CBE) by Her Majesty Queen Elizabeth II. The honor was conferred on Dr Chang on July 17, 2006 at a ceremony held in the Foreign & Commonwealth Office in Whitehall, London.

Following the ceremony, Dr. Chang met at Buckingham Palace with HRH the Duke of York, Prince Andrew, special representative for British trade and industry. Among issues discussed during this meeting were future opportunities for the Evergreen Group's continued support of British shipping and the UK economy.

Accepting the honor, Dr. Chang said,

"I am both humbled and deeply honored by today's proceedings. I am happy to say that shipping has not only been my profession, but also my life's passion. To be rewarded for one's passion is truly a privilege.

"Britain has a long history of maritime supremacy and high quality standards. The UK government is urging the shipping community to put the UK back on the maritime map and, through my company the Evergreen Group, I am delighted to be participating actively in projects related to that development."

"On a more personal note, I would like to thank the maritime industry as a whole. I can only hope that my contribution to shipping has been as great as shipping's contribution to my life. The maritime industry has provided me with many full and happy years and shaped the man I am today. In the wise words of the English poet and novelist John Ruskin, 'The highest reward for man's toil is not what he gets for it but what he becomes by it.'"

The Evergreen Group, established by Dr. Chang in 1968, has enjoyed a 27-year-long relationship with the UK, beginning in 1979 when Evergreen Marine Corp, successfully broke the Far Eastern Freight Conference's monopoly on the Far East/Europe container trades and made its first vessel calls at the UK's Port of Felixstowe.

Since then, the business alliances between the Evergreen Group and the UK have been strengthened with the establishment of Evergreen UK Limited, Eva Airways Corp. (UK Branch) and London-headquartered British-flag shipping company Hatsu Marine Ltd.

Dr. Chang has provided substantial support some years ago to the National Maritime Museum, which educates children about the sea, for the construction of a new gallery at Greenwich. He is also a supporter of a Chinese-language school in London and of the Churchill Archives Centre at Churchill College, Cambridge, where documents relating to Sir Winston Churchill and Baroness Thatcher are held and made available to students and researchers.

Hatsu Marine, established in 2002, has developed into one of the largest shipowning entities in the UK and was this year awarded the coveted Queen's Award for Enterprise: International Trade. At present, the company operates

11 containerships under the Red Ensign, including four 7,024 teu S-type vessels, which incorporate the latest in environmentally sound features and are among the largest container vessels currently plying the world's oceans.

Dr. Chang has also indicated his intention to flag more ships in the UK under the tonnage tax system. As part of the requirements for inclusion within the UK tonnage tax regime, the Evergreen Group is also training British cadets on board its vessels for operating UK-registered ships flying the Red Ensign.

The Group's airline, EVA Airways, has been flying between Taipei and London via Bangkok since 1993. The London-Bangkok sector is exceptionally busy with heavy demand for both passenger and freight capacity. Today, the company provides six passenger flights and two freighter flights between Taipei and London every week. EVA cooperates with British Airways in the provision of freighter flights between Taip