09:42     FOXCONN INTERNATIONAL HOLDINGS LIMITED<02038> - Ann. (1)            

    This announcement is for information purposes only and does not           
    constitute an invitation or offer to acquire, purchase or subscribe       
    for securities.                                                           
                                                                              
    This announcement is not an offer of securities for sale in the           
    United States. Securities may not be offered or sold in the United        
    States absent registration or an exemption from registration under        
    the US Securities Act, as amended. There is not and is not currently      
    intended to be any public offering of Foxconn International Holdings      
    Limited's (the `Company') securities in the United States.                
                                                                              
    The Stock Exchange of Hong Kong Limited (the `Stock Exchange') and        
    Hong Kong Securities Clearing Company Limited (`HKSCC') take no           
    responsibility for the contents of this announcement, make no             
    representation as to its accuracy or completeness and expressly           
    disclaim any liability whatsoever for any loss howsoever arising from     
    or in reliance upon the whole or any part of the contents of this         
    announcement.                                                             
                                                                              
    In connection with the Global Offering, the Joint Global                  
    Coordinators, on behalf of the Underwriters, may over-allocate or         
    effect any other transactions with a view to stabilizing or               
    maintaining the market price of the Shares at a level higher than         
    that which might otherwise prevail in the open market for a limited       
    period after the last day for the lodging of applications under the       
    Public Offering. Any market purchases of Shares will be effected in       
    compliance with all applicable laws and regulatory requirements,          
    including the Securities and Futures (Price Stabilizing) Rules made       
    under the Securities and Futures Ordinance (Cap. 571 of the Laws of       
    Hong Kong). However there is no obligation on the Joint Global            
    Coordinators to conduct any such stabilizing activity, which if           
    commenced, will be done at the absolute discretion of the Joint           
    Global Coordinators and may be discontinued at any time. Any such         
    stabilizing activity is required to be brought to an end after a          
    limited period.                                                           
                                                                              
    Unless otherwise defined in this announcement, terms defined in the       
    prospectus of the Company dated 24 January 2005 (the `Prospectus')        
    have the same meanings when used in this announcement.                    
                                                                              
    FOXCONN INTERNATIONAL HOLDINGS LIMITED                                    
    (a company incorporated in the Cayman Islands with limited                
    liability)                                                                
                                                                              
                                                                              
    GLOBAL OFFERING                                                           
                                                                              
    Number of Offer      :                    869,400,000 Shares              
    Shares under the                          (subject to the                 
    Global                                    Over-allotment                  
    Offering                                  Option)                         
    Number of Public     :                    86,940,000 Shares               
    Offering                                  (subject to                     
    Shares                                    adjustment)                     
    Offer Price          :                    not more than                   
                                              HK$3.88 per Offer               
                                              Share, plus 1%                  
                                              brokerage, SFC                  
                                              transaction levy of             
                                              0.005%, investor                
                                              compensation levy               
                                              of 0.002% and Stock             
                                              Exchange trading                
                                              fee of 0.005%,                  
                                              subject to refund               
    Nominal Value        :                    US$0.04 per Share               
    Stock Code           :                    2038                            
                                                                              
                                                                              
                                                                              
    Joint Global Coordinators, Joint Bookrunners, Joint Lead Managers         
    and Joint Sponsors                                                        
                                                                              
                                                                              
    Goldman Sachs (Asia) L.L.C.                                               
                                                                              
    UBS Investment Bank                                                       
                                                                              
    Application has been made to the Listing Committee of the Stock           
    Exchange for the listing of, and permission to deal in, the shares        
    (`Shares') of the Company in issue and to be issued as described in       
    the Prospectus (including the additional Shares to be issued pursuant     
    to the exercise of the Over-allotment Option) and any Shares to be        
    issued pursuant to the grant of Shares under the Share Scheme or the      
    exercise of options which may be granted under the Option Scheme.         
    Dealings in the Shares are expected to commence on Thursday, February     
    3, 2005 (the `Listing Date'). Applications for the Public Offer           
    Shares will only be considered on the basis of the Prospectus and the     
    prescribed PINK, WHITE or YELLOW Application Forms in accordance with     
    the relevant provisions of the Prospectus. It should be noted that