RNS Number:0586O
Vtech Holdings Ld
29 July 2003

                             VTech Holdings Limited
                                (the "Company")

                                  ANNOUNCEMENT

This statement is made at the request of The Stock Exchange of Hong Kong
Limited.

We have noted the recent increase in the trading volume of the shares of the
Company and wish to state that we are not aware of any reasons for such increase
in the trading volume.

We also confirm that there are no negotiations or agreements relating to
intended acquisitions or realisations which are discloseable under paragraph 3
of the Listing Agreement, neither is the Board aware of any matter discloseable
under the general obligation imposed by paragraph 2 of the Listing Agreement,
which is or may be of a price-sensitive nature.

Made by the order of the Board of VTech Holdings Limited the directors (except
Mr. Raymond CH'IEN Kuo Fung and Mr. William FUNG Kwok Lun who are not in Hong
Kong and cannot be contacted) of which individually and jointly accept
responsibility for the accuracy of this statement.

By order of the Board
Paddy LAW Wai Leung
Director

Hong Kong, 28th July 2003


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