RNS Number:0218R
Vtech Holdings Ld
17 October 2003


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

VTech Holdings Limited

2. Name of shareholder having a major interest

CHEAH Cheng Hye

3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18

In respect of holding of Value Partners Limited as Investment Manager to hold
the shares for certain "Funds" and Mr. CHEAH Cheng Hye is the substantial
shareholder who currently holds 32.53% controlling interests in Value Partners
Limited.

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them

No information on the registered holder(s) has been provided by the shareholder
named in 2 above

5. Number of shares / amount of stock acquired

400,000 ordinary shares

6. Percentage of issued class

0.18%

7. Number of shares / amount of stock disposed

N/A

8. Percentage of issued class

N/A

9. Class of security

Ordinary Shares

10. Date of transaction

13th October 2003

11. Date company informed

16th October 2003

12. Total holding following this notification

27,207,000 ordinary shares

13. Total percentage holding of issued class following this notification

12.06%

14. Any additional information

This notification has been made by the shareholder to the Company and such
information is notified by the Company the same to Regulatory Information
Service

15. Name of contact and telephone number for queries

Lydia CHUNG at (852) 2680 1705

16. Name and signature of authorised company official responsible for making
this notification

CHANG Yu Wai, Company Secretary of the Issuer

Date of notification

17th October 2003

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