AUO Board of Directors Appoints Vice Chairman Mr. H.B. Chen as CEO, Dr. L.J. Chen as President & COO

AUO Board of Directors Appoints Vice Chairman Mr. H.B. Chen as CEO, Dr. L.J. Chen as President & COO

June 29, 2007

    HSINCHU, Taiwan, June 29 /Xinhua-PRNewswire-FirstCall/
-- AU Optronics Corp. ("AUO") (TAIEX: 2409; NYSE:
AUO) today held its Board meeting, at which the Board
appointed Vice Chairman Mr. H.B. (Hsuan-Bin) Chen as Chief
Executive Officer and Dr. L.J. (Lai-Juh) Chen as President
& Chief Operation Officer, effective September 1, 2007.
 It also announced that Dr. Hui Hsiung, currently Executive
VP of AUO, will resign effective September 1, 2007 to be
the President of Qisda Corporation*, while continuing as a
member of AUO's Board of Directors.

    Mr. K.Y. Lee has been re-elected as Chairman of the
Company since the Board meeting on June 13, 2007.  Mr. Lee
is in a continuing effort to create a world-class company
to the ultimate benefit of shareholders, through
supervising the management team and enhancing AUO's
corporate governance. Under Chairman Mr. Lee's leadership,
AUO has been proceeding talent cultivation, significant
organizational transformation and restructuring in a
planned way, so as to meet the ever-changing market needs. 
In addition, AUO has experienced two mergers over the past
six years, which expedited its professional managers to
have extraordinary and intensive leadership training. The
new management team will undertake the operation and
continue to define the company's new landscape for next
move.  The Board of Directors today unanimously approved
all the above resolutions in the meeting.

    Mr. H.B. Chen is currently the President and COO of
AUO, and was elected Vice-Chairman by the Board of
Directors on June 13, 2007.  After becoming the CEO of AUO,
Mr. Chen will be responsible for the company's mid- to
long-term strategic planning and execution as well as
customer and business partner relations.  In addition, Mr.
Chen will lead the management team and report to the Board
of Directors directly.

    Dr. L.J. Chen, 44, currently serves as Sr. VP & GM
of Global Manufacturing of AUO.  After becoming the
President and COO of AUO, he will be responsible for the
company's corporate strategies and overall business
operation.  Dr. Chen joined Acer Display Technology, Inc.,
(a predecessor of AUO, established in 1996) in 1999 and
served as Director of Acer Display's Fab 1.  After AUO was
formed in a merger in 2001, he became Associate VP, heading
LCD Fabs at AUO's Hsinchu site.  In early 2003, he was in
charge of Desktop Display Business Unit.  Over his career
span, Dr. Chen invented approximately 30 patents in Taiwan
and 40 patents in the U.S.  As part of his previous roles,
Dr. Chen served in a variety of areas such as R&D,
manufacturing, sales and marketing, which consistently
demonstrated his leadership, acute judgment and business
acumen to be President, and he has developed extraordinary
expertise in leading AUO.

    Dr. LJ Chen holds a doctoral degree in Chemical
Engineering from National Tsing-Hua University in Taiwan
and an Executive MBA degree in International Management at
Thunderbird School of Global Management in Arizona, U.S.A.

     * BenQ Corporation is scheduled to change its name to
Qisda Corporation 
       on September 1, 2007.

    About AU Optronics

    AU Optronics Corp. ("AUO") is one of the top
three largest manufacturers* of large-size thin film
transistor liquid crystal display panels
("TFT-LCD"), with approximately 20.1%* of global
market share with revenues of NT$293.1billion (US$9.0bn)*
in 2006.  TFT-LCD technology is currently the most widely
used flat panel display technology.  Targeted for 40"+
sized LCD TV panels, AUO's new generation (7.5-generation)
fabrication facility production started mass production in
the fourth quarter of 2006.  The Company currently operates
one 7.5-generation, two 6th-generation, four 5th-generation,
one 4th-generation, and four 3.5-generation TFT- LCD fabs,
in addition to eight module assembly facilities and the AUO
Technology Center specializes in new technology platform and
new product development.  AUO is one of few top-tier TFT-LCD
manufacturers capable of offering a wide range of small- to
large- size (1.5"-65") TFT-LCD panels, which
enables it to offer a broad and diversified product
portfolio.

     * DisplaySearch 1Q2007 WW Large-Area TFT-LCD Shipment
Report dated May 5,
       2007.  This data is used as reference only and AUO
does not make any 
       endorsement or representation in connection
therewith. 2006 year end 
       revenue converted by an exchange rate of
NTD32.59:USD1.

    Safe Harbour Notice 

    AU Optronics Corp. ("AUO" or the
"Company") (TAIEX: 2409; NYSE: AUO), the world's
third largest manufacturer of large-size TFT-LCD panels,
today announced the above news.  Except for statements in
respect of historical matters, the statements contained in
this Release are "forward-looking statements"
within the meaning of Section 27A of the U.S. Securities
Act of 1933 and Section 21E of the U.S. Securities Exchange
Act of 1934. These forward-looking statements were based on
our management's expectations, projections and beliefs at
the time regarding matters including, among other things,
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
statements are subject to a number of known and unknown
risks and uncertainties that can cause actual results to
differ materially from those expressed or implied by such
statements, including risks related to the flat panel
display industry, the TFT-LCD market, acceptance and demand
for our products, technological and development risks,
competitive factors, and other risks described in the
section entitled "Risk Factors" in our Form 20-F
filed with the United States Securities and Exchange
Commission on June 1st, 2006.


    For more information, please contact:

    Rose Lee
    Tel:   [phone] ext 3204
    Fax:   [phone]
    Email: [e-mail]

    Yawen Hsiao
    Tel:   [phone] ext 3211
    Fax:   [phone]
    Email: [e-mail]

    Web site:  http://www.auo.com