09:29     FE TECH INT'L<00036> - Announcement (2)                             

    Publishing of an announcement on the outcome of the Petition              
    hearing Wednesday, 26 January                                             
                                                                              
    Effective date of the Capital Reorganisation    Wednesday, 26 January     
                                                                              
    Dealings in the Adjusted Shares commence        9:30 a.m. on Wednesday, 26
    January                                                                   
                                                                              
    First day for the designated broker to stand in the market to             
    provide matching services       9:30 a.m. on Wednesday, 26 January        
                                                                              
    Closure of original counter for trading in existing Shares                
    (represented by existing share certificates) in board lots of 2,000       
            9:30 a.m. on Wednesday, 26 January                                
                                                                              
                                                                              
    Temporary counter for trading in the Adjusted Shares (represented         
    by existing share certificates) in board lots of 400 opens      9:30 a.m. 
    on Wednesday, 26 January                                                  
                                                                              
    First day for free exchange of existing share certificates for the        
    Shares for new share certificates for the Adjusted Shares       Wednesday,
    26 January                                                                
                                                                              
    Original counter for trading in the Adjusted Shares (represented          
    by new share certificates) in board lots of 3,000 reopens       9:30 a.m. 
    on Monday, 14 February                                                    
                                                                              
    Parallel trading commences      Monday, 14 February                       
                                                                              
    Closure of temporary counter for trading in the Adjusted Shares           
    (represented by existing share certificates) in board lots of 400         
            4:00 p.m. on Monday, 7 March                                      
                                                                              
    Parallel trading ends   4:00 p.m. on Monday, 7 March                      
                                                                              
    Last day for the designated broker to stand in the market to provide      
    matching services       Monday, 7 March                                   
                                                                              
    Last day for free exchange of existing share certificates for new         
    share certificates      Monday, 14 March                                  
                                                                              
    *       As at the date of this announcement, the Executive Directors are  
    Mr. Deacon Te Ken Chiu, Mr. Duncan Chiu and Mr. Dennis Chiu, the Non-     
    Executive Directors are Dato' David Chiu, Mr. Daniel Tat Jung             
    Chiu, Mr. Derek Chiu, Mr. Desmond Chiu and Ms. Margaret Chiu; and         
    the Independent Non-Executive Directors are Mr. Chi Man Ma, Dr.           
    Lee G. Lam and Mr. Ryan Yen Hwung Fong.                                   
                                                                              
    By Order of the Board                                                     
    Far East Technology International Limited                                 
    Duncan Chiu                                                               
    Managing Director and Chief Executive Officer                             
                                                                              
    Hong Kong, 10 January, 2005