09:34     FE TECH INT'L<00036> - Announcement                                 

    The Stock Exchange of Hong Kong Limited takes no responsibility           
    for the contents of this announcement, makes no representation            
    as to its accuracy or completeness and expressly disclaims any            
    liability whatsoever for any loss howsoever arising from or in            
    reliance upon the whole or any part of the contents of this               
    announcement.                                                             
                                                                              
    FAR EAST TECHNOLOGY INTERNATIONAL LIMITED                                 
    (Incorporated in Hong Kong with limited liability)                        
    Website: http://www.fet.com.hk                                            
    (Stock Code: 0036)                                                        
                                                                              
    Order from the Court                                                      
    CHANGE IN TIMETABLE IN RELATION TO                                        
    THE CAPITAL REORGANISATION                                                
                                                                              
    The Court has granted an order confirming the Company's proposed          
    Capital Reduction today. Copies of the Confirming Order and the           
    Minute have been submitted to the Hong Kong Companies Registry            
    for registration. The Capital Reduction will become effective             
    upon the due registration of such documents. A further                    
    announcement will be made when a timetable for the trading                
    arrangements and free exchange of share certificates in relation          
    to the Capital Reorganisation can be ascertained.                         
                                                                              
    Reference is made to the announcements dated 10 January 2005, 26          
    August 2004 and 18 October 2004 (collectively, the                        
    "Announcements") made by Far East Technology International                
    Limited (the "Company") and the supplemental circular of the              
    Company dated 27 August 2004 (the "Circular"). Capitalised terms          
    used herein have the meanings ascribed to them in the                     
    Announcements and Circular unless the context requires                    
    otherwise.                                                                
                                                                              
    PETITION                                                                  
    The petition for the confirmation of the Capital Reduction was            
    heard before the Court today. The Court granted an order                  
    confirming the Company's proposed Capital Reduction. Copies of            
    the Confirming Order and the Minute have been submitted to the            
    Hong Kong Companies Registry for registration. The Capital                
    Reduction will become effective only upon the due registration            
    of such documents. As a result, the trading arrangements and free         
    exchange of share certificates in relation to the Capital                 
    Reorganisation will not be implemented on 26 January 2005 as              
    suggested in the expected timetable contained in the Company's            
    announcement dated 10 January 2005 but will be implemented as soon        
    as practicable, currently expected to be not later than 3 February,       
    2005. A further announcement will be made when a timetable for            
    the trading arrangements and free exchange of share certificates          
    in relation to the Capital Reorganisation can be ascertained.             
                                                                              
    By Order of the Board                                                     
    Far East Technology International Limited                                 
    Duncan Chiu                                                               
    Managing Director and Chief Executive Officer                             
                                                                              
    Hong Kong, 25 January 2005                                                
                                                                              
    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.