RNS Number:6848S
Vtech Holdings Ld
01 December 2003


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

VTech Holdings Limited

2. Name of shareholder having a major interest

Value Partners Limited

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 the shares by Value Partners Limited as Investment Manager for certain funds.

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

Registered in the name of Value Partners Limited

5. Number of shares / amount of stock acquired

130,000 ordinary shares

6. Percentage of issued class

0.06%

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

27th November 2003

11. Date company informed

1st December 2003

12. Total holding following this notification

29,350,000 ordinary shares

13. Total percentage holding of issued class following this notification

13.01%

14. Any additional information

This notification has been made by the shareholder to the Company and such information is notified by the
Company 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

1st December 2003

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for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
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