The Taiwan Fund, Inc.

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The Taiwan Fund, Inc. Announces Share Repurchases under its Discount Management Policy from February 10, 2020 through February 14, 2020

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

New York, New York, February 18, 2020 – The Taiwan Fund, Inc. (TWN) (the “Fund”) announced today that for the period February 10, 2020 through February 14, 2020, the Fund repurchased a total of 10,706 shares under the Fund’s Discount Management Program as follows:

Purchase Date Shares Repurchased
February 10, 2020 2,230
February 11, 2020 2,246
February 12, 2020 1,330
February 13, 2020 4,000
February 14, 2020 900

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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