The Taiwan Fund, Inc. Announces Share Repurchases under its Discount Management Policy from January 13, 2020 through January 17, 2020

January 21, 2020

New York, New York, January 21, 2020 – The Taiwan Fund, Inc. (TWN) (the “Fund”) announced today that for the period January 13, 2020 through January 17, 2020, the Fund repurchased a total of 20,297 shares under the Fund’s Discount Management Program as follows:

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

New York, New York, January 21, 2020 – The Taiwan Fund, Inc. (TWN) (the “Fund”) announced today that for the period January 13, 2020 through January 17, 2020, the Fund repurchased a total of 20,297 shares under the Fund’s Discount Management Program as follows:

Purchase Date Shares Repurchased
January 13, 2020 5,158
January 14, 2020 2,158
January 15, 2020 5,158
January 16, 2020 3,123
January 17, 2020 4,700

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.