[Chunghwa Telecom Co., Ltd. Financial Statements for the Years Ended December 31, 2014 and 2013 and Independent Auditors’ Report - 1 - INDEPENDENT AUDITORS’ REPORT The Board of Directors and Stockholders Chunghwa Telecom Co., Ltd. We have audited the accompanying balance sheets of Chunghwa Telecom Co., Ltd. as of December 31, 2014 and 2013, the related statements of comprehensive income] [Chunghwa Telecom Co., Ltd. and Subsidiaries Consolidated Financial Statements for the Years Ended December 31, 2014 and 2013 and Independent Auditors’ Report - 1 - REPRESENTATION LETTER The entities that are required to be included in the consolidated financial statements of affiliates in accordance with the “Criteria Governing Preparation of Affiliation Reports, Consolidated Business Reports and Consolidated Financial Statements of] [Chunghwa Telecom Reports 2015 Guidance TAIPEI, Taiwan, R.O.C. February 13, 2015 Chunghwa Telecom Co., Ltd. (TAIEX: 2412, NYSE: CHT) (“Chunghwa” or “the Company”) today reported its guidance for 2015 on a consolidated basis. All figures were prepared in accordance with Taiwan-International Financial Reporting Standards (“T-IFRSs”). Dr. Rick L. Tsai, Chairman and CEO of Chunghwa Telecom stated, “We are pleased to] [Chunghwa Telecom Co., Ltd. Bo Yung Chen Chief Financial Officer 2 Description 99.1]