The Taiwan Fund, Inc. Announces Designation of Audit Committee Financial Expert and Resignation of Director

NEW YORK, July 19, 2017 /PRNewswire/ -- The Taiwan Fund, Inc. (TWN) (the "Fund") announced today that, following a review of the qualifications of Directors on its Board of Directors (the "Board"), the Board had designated one of its Directors, Anthony K. Y. Lo, as an Audit Committee Financial Expert ("ACFE"). With Mr. Lo's designation as an ACFE, Michael Holland, who had previously been designated as an ACFE, tendered his resignation as a Director effective July 18, 2017 and, with regret, the Board accepted the resignation.

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.

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SOURCE The Taiwan Fund, Inc.