X0202 4 2004-09-09 0 0000836267 TAIWAN GREATER CHINA FUND TFC 0001190021 LAXEY PARTNERS LTD THE OLD CHAPEL ISLE OF MAN X0 IM3 1NA UNITED KINGDOM 0 0 0 1 See Explanation of Responses 0001255864 LAXEY INVESTORS LTD X1 0 0 0 1 See explanation of responses 0001255866 PEGGE ANDREW X1 0 0 0 1 See explanation of responses 0001255869 KINGSNORTH COLIN X1 0 0 0 1 See explanation of responses 0001255871 LAXEY UNIVERSAL VALUE LP X1 0 0 0 1 See explanation of responses 0001255881 LAXEY INVESTORS LP X1 0 0 0 1 See explanation of responses 0001190022 LP VALUE LTD X1 0 0 0 1 See explanation of responses 0001126078 VALUE CATALYST FUND LTD X1 0 0 0 1 See explanation of responses Common Stock, par value $0.01 2004-09-09 4 S 0 275040 4.67 D 418160 D Common Stock, par value $0.01 2004-09-09 4 S 0 378120 4.67 D 574880 D Common Stock, par value $0.01 2004-09-09 4 S 0 384310 4.67 D 584290 D Common Stock, par value $0.01 2004-09-09 4 S 0 309168 4.67 D 470048 D Common Stock, par value $0.01 2004-09-09 4 S 0 382881 4.67 D 582119 D Common Stock, par value $0.01 2004-09-09 4 S 0 386786 4.67 D 588054 D Common Stock, par value $0.01 1000 D These shares are beneficially owned by LIL. These shares are beneficially owned by various unaffiliated third parties within various third party discretionary accounts managed by Laxey. These shares are beneficially owned by LPV. These shares are beneficially owned by LILP. These shares are beneficially owned by LUV. These shares are beneficially owned by Catalyst. These shares are owned directly by Laxey and indirectly by Kingsnorth and Pegge by virtue of their ownership of the outstanding equity of Laxey. This statement is being filed jointly by (i) Laxey Partners Limited, an Isle of Man company ("Laxey"), (ii) The Value Catalyst Fund Limited, a Cayman Islands company ("Catalyst"), (iii) Laxey Investors Limited, a British Virgin Islands company ("LIL"), (iv) LP Value Limited, a British Virgin Islands company ("LPV"), (v) Laxey Investors L.P., a Delaware limited partnership ("LILP"), (vi) Laxey Universal Value, LP, a Delaware limited partnership ("LUV"), (vii) Colin Kingsnorth, a British citizen ("Kingsnorth") and (viii) Andrew Pegge, a British citizen ("Pegge"). Laxey serves as the investment manager of Catalyst, LIL, LPV, LILP, LUV, and various third party discretionary accounts for the benefit of various unaffiliated third parties. Kingsnorth owns one-half of the outstanding equity of Laxey. Pegge owns one-half of the outstanding equity of Laxey. The shares owned by the various entities listed above, in the aggregate, exceed 10% of the outstanding shares of the TFC. Laxey, an investment adviser registered under ?203 of the Investment Advisers Act of 1940 (15 U.S.C. 80b-3), holds all of the TFC shares listed in the table above for the benefit of its clients, Catalyst, LIL, LPV, LILP, LUV, and various third party discretionary accounts in the ordinary course of business, except for 1,000 shares of TFC owned directly by Laxey and indirectly by Kingsnorth and Pegge by virtue of their ownership of the outstanding equity of Laxey. None of such shares were acquired with the purpose or effect of changing or influencing control of the issuer or engaging in any arrangement subject to Rule 13d-3(b). Laxey, Kingsnorth or Pegge are not the beneficial owners of any such TFC shares (except for the 1,000 shares owned directly by Laxey) as the term ?beneficial owner? is defined in Rule 16a-1(a)(1)(v). This filing shall not be an admission by any of the listed parties that they are subject to reporting under Section 16(a), and the filers disclaim any such obligation. Chris Bruce, Laxey Partners 2004-09-28 Andrew Pegge, Laxey Investors Limited 2004-09-28 Andrew Pegge 2004-09-28 Colin Kingsnorth 2004-09-28 Chris Bruce, Laxey Universal Value, LP 2004-09-28 Chris Bruce, Laxey Investors L.P. 2004-09-28 Chris Bruce, LP Value Limited 2004-09-28 Elizabeth Tansell, The Value Catalyst Fund Ltd 2004-09-28