Cathay General Bancorp - Amended Statement of Changes in Beneficial Ownership (4/A)

FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0287 Expires: January 31, 2008 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940

1. Name and Address of Reporting Person * CHENG DUNSON K	2. Issuer Name and Ticker or Trading Symbol CATHAY GENERAL BANCORP [ CATY ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __ X __ Director                      _____ 10% Owner __ X __ Officer (give title below)      _____ Other (specify below) Chairman, President, & CEO
(Last)          (First)          (Middle) 777 NORTH BROADWAY	3. Date of Earliest Transaction (MM/DD/YYYY) 2/21/2008
(Street) LOS ANGELES, CA 90012 (City)        (State)        (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY) 2/25/2008	6. Individual or Joint/Group Filing (Check Applicable Line) _ X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								413275.68   (1)	D
Common Stock								97438.58	I	By ESOP
Common Stock								239308	I	Husband & Wife Trust

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option	$10.625							1/20/2001   (2)	1/20/2010	Common Stock	73320		73320	D
Stock Option	$15.0475							1/18/2002   (2)	1/18/2011	Common Stock	74160		147480	D
Stock Option	$16.275							2/21/2003   (2)	2/21/2012	Common Stock	79320		226800	D
Stock Option	$19.925							1/16/2004   (2)	1/16/2013	Common Stock	153060		379860	D
Stock Option	$24.80							11/20/2004   (3)	11/20/2013	Common Stock	246940		626800	D
Stock Option	$37.00							2/17/2006   (4)	2/17/2015	Common Stock	154940		781740	D
Stock Option	$32.47							3/22/2005   (5)	3/22/2015	Common Stock	245060		1026800	D
Stock Option	$33.54							11/20/2005   (6)	5/12/2015	Common Stock	264694		1291494	D
Stock Option	$36.24							1/25/2007   (7)	1/25/2016	Common Stock	154940		1446434	D
Stock Option	$23.37	2/21/2008		A		154970		2/21/2009   (8)	2/21/2018	Common Stock	154970	$0	1601404	D
Stock Option	$23.37	2/21/2008		A		100000		2/21/2009   (9)	2/21/2018	Common Stock	100000	$0	1701404	D

Explanation of Responses:
( 1)	Includes 349.81 shares acquired through dividend reinvestment year-to-date.
( 2)	The option is fully exercisable.
( 3)	The option vests in 5 equal annual installments beginning 11/20/04.
( 4)	The option vests in 5 equal annual installments beginning 2/17/06.
( 5)	40% exercisable immediately; the rest of the option vests in 3 equal annual installments beginning 11/20/06.
( 6)	40% exercisable immediately; the rest of the option vests in 3 equal annual installments beginning 11/20/06.
( 7)	The option vests in 5 equal annual installments beginning 1/25/07.
( 8)	The option vests in 5 equal annual installments beginning 2/21/09.
( 9)	The option vests in 2 equal annual installments beginning 2/21/09

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
CHENG DUNSON K 777 NORTH BROADWAY LOS ANGELES, CA 90012	X		Chairman, President, & CEO

Signatures
Dunson K. Cheng		2/25/2008
** Signature of Reporting Person		Date

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*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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