Taiwan Greater China Fund Names Jon Kathe as Chief Compliance Officer, Chief Financial Officer, Treasurer and Secretary

HARTFORD, CT--(Marketwire - Apr 21, 2011) - The Taiwan Greater China Fund (NYSE: TFC), a diversified closed-end registered investment company listed on the New York Stock Exchange (the "Trust"), announced today that Jon Kathe has been named as the Chief Compliance Officer ("CCO"), Chief Financial Officer ("CFO"), Treasurer and Secretary of the Trust.

Mr. Kathe joined the Trust in November 2006 as a Senior Research Analyst, a position he continues to hold with the Trust's Investment Manger, Nanking Road Capital Management, LLC, which was formed in 2007, and was responsible for the non-technology portion of the Trust's portfolio. Mr. Kathe has over 33 years of experience in emerging markets and began his career as a commercial banker in Taiwan. He has had a long association with Asian markets, working in Taiwan, Hong Kong and Japan. Mr. Kathe graduated Summa Cum Laude from Boston College in 1975 and obtained his M.A. from the Paul H. Nitze School of Advanced International Studies of the John Hopkins University in 1978.

Mr. Kathe will replace Regina Foley, who has resigned as the Trust's CCO, CFO, Treasurer and Secretary.

The Taiwan Greater China Fund is listed and publicly traded in the United States. The Trust is organized for investment in securities of Taiwan issuers by non-Taiwan investors and currently follows an investment strategy of primarily investing in Taiwan listed companies that derive or expect to derive a significant portion of their revenues from operations in or exports to mainland China.