RNS Number:5862T
Vtech Holdings Ld
23 December 2003


                             VTech Holdings Limited
                (Incorporated in Bermuda with limited liability)
                                  Announcement

The board of directors (the "Board") of VTech Holdings Limited (the "Company")
would like to announce that Mr. Paddy LAW Wai Leung, the Group Chief Executive
Officer, has resigned from his position with effect from 1st January 2004 and
will remain as a director of the Company until 31st March 2004.

Mr. Allan WONG Chi Yun, Chairman of the Company, will also assume the role of
the Group Chief Executive Officer with effect from1st January 2004.

By order of the Board
Allan WONG Chi Yun
Chairman

Hong Kong, 22nd December 2003


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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