10:14     TCC INT'L HOLD<01136> - Announcement (9)                            

                                   Corporation, a state-owned                 
                                   enterprise established in the              
                                   PRC                                        
    `Liuzhou Qingyu'                (Liuzhou Qingyu                           
                                   Environment-friendly Business              
                                   Development Company Limited),              
                                   a wholly-owned subsidiary of               
                                   Liuzhou Steel incorporated in              
                                   the PRC                                    
    `MT'                           metric tonnes                              
    `Non-exempt Continuing         the continuing transactions                
    Connected                      which are and/or will                      
    Transactions'                  continue to be entered into                
                                   between (i) Anhui Conch and                
                                   TCC Fuzhou pursuant to the                 
                                   Clinker Supply Agreement; and              
                                   (ii) Liuzhou Qingyu and TCC                
                                   Liuzhou pursuant to the Slag               
                                   Supply Agreement,                          
                                   respectively, which                        
                                   constitute continuing                      
                                   connected transactions as                  
                                   defined in Chapter 14A of the              
                                   Listing Rules and are                      
                                   summarized in sections 1.1                 
                                   and 1.2 of this announcement               
    `Non-exempt Continuing         the Clinker Supply Agreement               
    Connected Transactions         and the Slag Supply Agreement              
    Agreements'                                                               
    `PRC' or `Mainland China'      the People's Republic of                   
                                   China                                      
    `RMB'                          Renminbi, the lawful currency              
                                   of the PRC                                 
    `Shareholders'                 the shareholders of the                    
                                   Company                                    
    `Slag Supply Agreement'        the slag supply agreement                  
                                   entered into between Liuzhou               
                                   Qingyu and TCC Liuzhou on 31               
                                   December 2004 in relation to               
                                   the supply of slag by Liuzhou              
                                   Steel to TCC Liuzhou on an                 
                                   ongoing basis, the terms of                
                                   which are contained in                     
                                   section 2.2 of this                        
                                   announcement                               
    `Stock Exchange'               The Stock Exchange of Hong                 
                                   Kong Limited                               
    `Supply of Logistics Services  the agreement entered into                 
    Agreement'                     between Fuzhou Logistics and               
                                   TCC Fuzhou on 31 December                  
                                   2004 in relation to the                    
                                   supply of logistics services               
                                   by Fuzhou Logistics to TCC                 
                                   Fuzhou on an ongoing basis,                
                                   the principal terms of which               
                                   are set out in section 3.1 of              
                                   this announcement                          
    `Supply of Unloading Services  the agreement entered into                 
    Agreement'                     between Fuzhou Logistics and               
                                   TCC Port on 31 December 2004               
                                   in relation to the supply of               
                                   unloading services by Fuzhou               
                                   Logistics to TCC Port on an                
                                   ongoing basis, the principal               
                                   terms of which are set out in              
                                   section 3.2 of this                        
                                   announcement                               
    `TCC'                          Taiwan Cement Corporation, a               
                                   Taiwan-incorporated company,               
                                   the shares of which are                    
                                   listed on the Taiwan Stock                 
                                   Exchange                                   
    `TCC Fuzhou'                   TCC Fuzhou Cement Co., Ltd.,               
                                   a wholly owned subsidiary of               
                                   the Company                                
    `TCC International'            TCC International Limited, a               
                                   company incorporated in the                
                                   British Virgin Islands and a               
                                   wholly-owned subsidiary of                 
                                   TCC. It is also the                        
                                   controlling shareholder of                 
                                   the Company                                
    `TCC Liuzhou'                  TCC Liuzhou Construction                   
                                   Materials Co., Ltd., a                     
                                   subsidiary of the Company in               
                                   which a 70%-owned subsidiary               
                                   of the Company has a 60%                   
                                   equity interest                            
    `TCC Port'                     TCC Yangyu Port Company                    
                                   Limited, a wholly owned                    
                                   subsidiary of the                          
                                   Company