The Taiwan Fund, Inc.

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The Taiwan Fund, Inc. Announces Share Repurchases under its Discount Management Policy from January 27, 2020 through January 31, 2020

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

New York, New York, February 3, 2020 – The Taiwan Fund, Inc. (TWN) (the “Fund”) announced today that for the period January 27, 2020 through January 31, 2020, the Fund repurchased a total of 18,906 shares under the Fund’s Discount Management Program as follows:

Purchase Date Shares Repurchased
January 27, 2020 4,100
January 28, 2020 4,500
January 29, 2020 1,406
January 30, 2020 4,400
January 31, 2020 4,500

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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