09:48     J.I.C. TECH<00987> - Announcement (3)                               

    between                                                                   
      Facilities         the Company and NTGM dated 26th January 2005         
      Agreement"                                                              
                                                                              
    "NTEI"        Nam Tai Electronics, Inc., the controlling shareholder of   
    the Company holding 71.63% of the issued ordinary shares of the Company   
    and whose shares are listed on the New York Stock Exchange                
                                                                              
    "NTGM"        Nam Tai Group Management Limited                            
                                                                              
    "Previous Business         The business facilities agreement entered      
    into between                                                              
      Facilities         the Company and NTGM dated 30th April 2004 for a     
      Agreement"        term of 12 months from 1st April 2004 to 31st March   
    2005.                                                                     
                                                                              
    "Property"        15th Floor, China Merchants Tower, Shun Tak Centre,     
    168-200 Connaught Road Central, Hong Kong                                 
                                                                              
    "Stock Exchange"        The Stock Exchange of Hong Kong Limited           
                                                                              
                                                                              
                                                                              
    By Order of the Board                                                     
    Seitaro Furukawa                                                          
    Chairman                                                                  
    Hong Kong, 28th January 2005