The Taiwan Fund, Inc.

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The Taiwan Fund, Inc. Announces Share Repurchases under its Discount Management Policy from December 2, 2019 through December 6, 2019

CONTACT:
Brian F. Link, Secretary
877-217-9502
www.thetaiwanfund.com

New York, New York, December 16, 2019 – The Taiwan Fund, Inc. (TWN) (the “Fund”) announced today that for the period December 9, 2019 through December 13, 2019, the Fund repurchased a total of 3,700 shares under the Fund’s Discount Management Program as follows:

Purchase Date Shares Repurchased
December 9, 2019 700
December 10, 2019 1,000
December 11, 2019 100
December 12, 2019 900
December 13, 2019 1,000

The Fund is a diversified closed-end investment company, which seeks long term capital appreciation primarily through investments in equity securities listed on the Taiwan Stock Exchange. Shares of the Fund are listed on the New York Stock Exchange under the ticker symbol “TWN.”

For additional information on the Fund, including information on the Fund’s holdings, visit the Fund’s website at www.thetaiwanfund.com or call 1-877-217-9502.

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