RNS Number:0485N
Vtech Holdings Ld
02 July 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

Value Partners Limited for 19,626,000 shares

5. Number of shares / amount of stock acquired

8,019,000 shares

6. Percentage of issued class

3.56%

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

26 June 2003

11. Date company informed

30 June 2003

12. Total holding following this notification

19,626,000 shares

13. Total percentage holding of issued class following this notification

8.70%

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

Anthony AU at (852) 2680 5031

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

CHANG Yu Wai, Company Secretary of the Issuer

Date of notification

2 July 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

HOLUUUCUMUPWUAP