TWN Taiwan Fund Inc

In the news release, The Taiwan Fund, Inc. Announces 3rd Quarter Earnings, issued 15-Jul-2015 by The Taiwan Fund, Inc. over PR Newswire, we are advised by the company that the second paragraph, last sentence, should read "For the same period the Taiwan Stock Exchange Total Return Index returned 3.16% (in US$ terms)." rather than "For the same period the Taiwan Stock Exchange Total Return Index returned 3.20% (in US$ terms)." and that the third paragraph, last sentence, should read "For the same period the Taiwan Stock Exchange Total Return Index returned 0.21% (in US$ terms)." rather than "For the same period the Taiwan Stock Exchange Total Return Index returned 2.90% (in US$ terms)."as originally issued inadvertently. The complete, corrected release follows:

NEW YORK, July 15, 2015 /PRNewswire/ -- The Taiwan Fund, Inc. (the "Fund") (NYSE: TWN) announced today details regarding its investment performance for the three month period ended May 31, 2015.

The Fund reported a net asset value per share of $20.06 as of the close of business on May 31, 2015.  This represents an increase of $1.51 per share from the net asset value per share of $18.55 reported on February 28, 2015.  The Fund's share price, as traded on the New York Stock Exchange on May 31, 2015, was $17.77, representing a discount to net asset value of 11.42%.  This represents an increase of $0.90 per share from the share price of $16.87 on February 28, 2015, which represented a discount to net asset value of 9.06%.  The Fund had a total return of 8.14% for the three months ended May 31, 2015 based on the change in its net asset value.  For the same period the Taiwan Stock Exchange Total Return Index returned 3.16% (in US$ terms).

For the nine month period ended May 31, 2015, the Fund's net asset value per share decreased $2.39 per share from the net asset value per share of $22.45 reported on August 31, 2014.  For the nine month period ended May 31, 2015, the share price, as traded on the New York Stock Exchange, decreased $2.47 per share from the share price of $20.24 reported on August 31, 2014.  The Fund had a total return of 4.24% for the nine month period ended May 31, 2015 based on the change of its net asset value.  After giving consideration to the distribution of $2.6332 per share made in December 2014.  For the same period the Taiwan Stock Exchange Total Return Index returned 0.21% (in US$ terms).

For the three month period ended May 31, 2015, the Fund had net realized loss of $1,236,695 on investments and foreign currency transactions and an increase in net unrealized gain of $14,335,736 on investments and foreign currency transactions.  The Fund's net investment loss (consisting of dividend and interest income less operating expenses) for the same period was $712,499.

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 1-877-864-5056.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/the-taiwan-fund-inc-announces-3rd-quarter-earnings-300114057.html

SOURCE The Taiwan Fund, Inc.