Director Shareholding

RNS Number:5030S
Vtech Holdings Ld
26 November 2003


                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1. Name of company

VTech Holdings Limited

2. Name of director

Mr. Michael TIEN Puk Sun

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 or in respect of a non-beneficial
interest

45,000 shares - beneficial interest of Mr. Michael TIEN Puk Sun
1,078,000 shares - deemed founder interest of Mr. Michael TIEN Puk Sun in a discretionary trust of which
his family members are the discretionary objects

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

After this notification:-
45,000 shares registered in the name of a nominee on behalf of Mr. Michael TIEN Puk Sun
1,078,000 shares registered in the name of Romsley International Ltd.

5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)

as to 1,078,000 shares - Mr. Michael TIEN Puk Sun is the founder of a discretionary trust of which his
family members are the discretionary objects

6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary

N/A

7. Number of shares / amount of stock acquired

1,078,000 shares

8. Percentage of issued class

0.48%

9. Number of shares/amount of stock disposed

N/A

10. Percentage of issued class

N/A

11. Class of security

Ordinary shares

12. Price per share

590,000 shares acquired on 20 November 2001 at HK$4.667@
488,000 shares acquired on 21 November 2001 at HK$4.7276@

13. Date of transaction

590,000 shares acquired on 20 November 2001
488,000 shares acquired on 21 November 2001

14. Date company informed

26th November, 2003

15. Total holding following this notification

1,123,000 shares

16. Total percentage holding of issued class following this notification

0.50%

If a director has been granted options by the company please complete the
following boxes.

17. Date of grant

N/A

18. Period during which or date on which exercisable

N/A

19. Total amount paid (if any) for grant of the option

N/A

20. Description of shares or debentures involved: class, number

N/A

21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at time of exercise

N/A

22. Total number of shares or debentures over which options held following this
notification

N/A

23. Any additional information

This Notification is filed to clarify interests previously disclosed by Mr. Michael TIEN Puk Sun on 4th
December 2001 through the RNS system subsequent to his appointment as a Director of VTech Holdings Limited

24. Name of contact and telephone number for queries

Ms. Lydia CHUNG , Tel : [phone]

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

Mr. Michael TIEN Puk Sun

Date of Notification

26th November, 2003

The FSA does not give any express or implied warranty as to the accuracy of this
document or material and does not accept any liability for error or omission.
The FSA is not liable for any damages (including, without limitation, damages
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
any such material.


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

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