RNS Number:7429M
Vtech Holdings Ld
25 June 2003


                             VTech Holdings Limited
                     Preliminary Final Results Announcement
                      For the year ended 31st March, 2003

Year end date :     31/3/2003
Currency      :     USD

                                                    (Audited)                        (Audited)
                                                    Current Period                   Last Corresponding Period
                                                    From 4/02 to 3/03                From 4/01 to 3/02
                                                    (US$'M)                          (US$'M)

Turnover                                       :    866.5                            959.8

Profit/(Loss) from Operations                  :    59.5                             23.0             ( Remark 1)

Finance cost                                   :    (1.0)                            (8.6)

Share of Profit/(Loss) of Associates           :    (0.2)                            (0.5)

Share of Profit/(Loss) of                      :    -                                -
    Jointly Controlled Entities

Profit/(Loss) after Taxation & MI              :    40.8                             11.2

% Change over Last Period                      :    264%

EPS/(LPS)
- Basic                                        : :  US cents 18.1                    USD cents 5.0       ( Remark 2)
- Diluted                                           US cents 18.1                    USD cents 5.0

Extraordinary ("ETD") Gain/(Loss)              :    -                                -

Profit/(Loss) after ETD Items                  :    40.8                             11.2

Final Dividend per Share                       : :  US2.0 cents                      -
(specify if with other options)                     N/A

B/C Dates for Final Dividend                   :               30th July 2003     to          6th August 2003    bdi.

Payable Date                                   :            25th August 2003

B/C Dates for Annual General Meeting           :               30th July 2003     to         6th August 2003     bdi.

Other Distribution for Current Period          :    N/A

B/C Dates for Other Distribution               :             N/A                   to               N/A          bdi.


A description or an explanatory note:-

Remark 1

GAIN ON SETTLEMENT OF A LAWSUIT

On 25th January 2001, the Group filed a complaint against Lucent Technologies
Inc. ("Lucent") and Lucent Technologies Consumer Products, L.P. in the United
States District Court for the Southern District of New York seeking damages and
related relief arising out of the acquisition by the Group of Lucent's Wired
Consumer Products Business in 2000.

On 7th June 2002, the Group and Lucent settled the lawsuit filed by the Group
against Lucent in January 2001 in a mutually satisfactory manner.  There was no
admission of wrongdoing by either party.  Under the terms of the settlement,
Lucent has agreed to adjust the purchase price of the acquisition downward by
US$50.0 million.  The amount has been fully settled.  The net receipt from the
settlement, after deducting incidental expenses, was credited to the
consolidated income statement.


                                                                2003
                                                         US$ million
Receipt from settlement of a lawsuit                          50.0
Less: incidental expenses                                    (16.0)

                                                           _________

                                                              34.0

                                                           _________

Remark 2

EARNINGS PER SHARE

The calculations of basic and diluted earnings per share are based on the
Group's profit attributable to shareholders of US$40.8 million (2002: US$11.2
million).

The basic earnings per share is based on the weighted average of 225.5 million
(2002: 225.3 million) ordinary shares in issue during the year. The diluted
earnings per share is based on 225.5 million (2002: 225.3 million) ordinary
shares which is the weighted average number of ordinary shares in issue during
the year. There were no dilutive potential ordinary shares in existence for both
years presented.

For and on behalf of
VTech Holdings Limited
CHANG Yu Wai
Company Secretary

25th June, 2003


                      This information is provided by RNS
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