[Chunghwa Telecom Reports Consolidated Operating Results for the Third Quarter and First Nine Months of 2012 Taipei, Taiwan, R.O.C. October 26, 2012 - Chunghwa Telecom Co., Ltd. (TAIEX: 2412, NYSE: CHT) (“Chunghwa” or “the Company”) today reported its operating results for the third quarter and first nine months of 2012. All figures were prepared in accordance with generally accepted accounting] [Chunghwa Telecom Co., Ltd. Financial Statements for the Nine Months Ended September 30, 2012 and 2011 and Independent Accountants’ Review Report INDEPENDENT ACCOUNTANTS’ REVIEW REPORT The Board of Directors and Stockholders Chunghwa Telecom Co., Ltd. We have reviewed the accompanying balance sheets of Chunghwa Telecom Co., Ltd. as of September 30, 2012 and 2011, and the related statements of operations] [Chunghwa Telecom Co., Ltd. and Subsidiaries Consolidated Financial Statements for the Nine Months Ended September 30, 2012 and 2011 and Independent Accountants’ Review Report INDEPENDENT ACCOUNTANTS’ REVIEW REPORT The Board of Directors and Stockholders Chunghwa Telecom Co., Ltd. We have reviewed the accompanying consolidated balance sheets of Chunghwa Telecom Co., Ltd. and subsidiaries (“the Company”) as of September 30, 2012] [Chunghwa Telecom Co., Ltd. and Subsidiaries GAAP Reconciliations of Consolidated Financial Statements for the Nine Months Ended September 30, 2012 and 2011 1. 1) Net Income Reconciliation Nine Months Ended September 30 2012 2011 NT$ NT$] [1 0/ 26 Chunghwa Telecom Co., Ltd.]