09:21     SEMTECH INT'L<00724> - 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.                   
                                                                              
    SEMTECH INTERNATIONAL HOLDINGS LIMITED*                                   
    (Incorporated in Bermuda with limited liability)                          
    (Stock Code: 724)                                                         
                                                                              
    CLARIFICATION ANNOUNCEMENT                                                
                                                                              
    There have been articles appearing in various newspapers on 4 March 2005  
     concerning the charge brought by the ICAC against four persons           
    including Mr. Wong, the former chairman and director of the Company. The  
     Board has no knowledge, and is unable to comment, as to the source(s)    
    of the information contained in the Articles. The Board considers it is   
    necessary to issue an announcement to clarify its position for the        
    benefits of the shareholders of the Company and the general public. The   
    Board considers that the Matter only concerns the persons as stated in    
    the ICAC Press Release and has no impact on the Company's operations or   
    its financial position.                                                   
                                                                              
    There have been articles appearing in various newspapers on 4 March 2005  
     ("Articles") concerning the charge brought by the ICAC against four      
    persons including Kanjanapas Chong Kwong Derek, also know as Wong         
    Chong-Kwong ("Mr. Wong"), the former chairman and former director of the  
     Company. According to the press release published by the Independent     
    Commission Against Corruption ("ICAC") date 3 March 2005 ("ICAC Press     
    Release"), four persons including Mr. Wong were charged for alleged       
    conspiracy to pervert the course of public justice in relation to a       
    corruption investigation ("Matter"). All four persons as mentioned in     
    the ICAC Press Release are not directors of the Company. The board of     
    directors of the Company ("Board") considers it is necessary to issue an  
     announcement to clarify its position for the benefits of the             
    shareholders of the Company and the general public.                       
                                                                              
    The Board has no knowledge, and is unable to comment, as to the           
    source(s) of the information in the Articles. The Board considers the     
    Matter only concerns the persons as stated in the ICAC Press Release and  
     has no impact on the Company's operations or its financial position.     
                                                                              
    Mr. Wong is a shareholder of the Company. As at the date of this          
    announcement, Mr. Wong and his associates (as defined under the Listing   
    Rules) are interested in approximately 11.76% of the issued share         
    capital of the Company.                                                   
                                                                              
    As at the date of this announcement, the Board comprises Messrs. Lam Yat  
     Keung, Lam Pik Wah and Lam Hung Kit as executive directors and Messrs.   
    Lo Wah Wai, Ho Chi Fai and Pai Te Tsun as independent non-executive       
    directors.                                                                
                                                                              
    By Order of the Board                                                     
    Yu Miu Yee Iris                                                           
    Company Secretary                                                         
                                                                              
    Hong Kong, 4 March 2005                                                   
                                                                              
    The Directors jointly and severally accept full responsibility for the    
    accuracy of the information contained in this announcement and confirm,   
    having made all reasonable enquiries, that to the best of their           
    knowledge, opinions expressed in this announcement have been arrived at   
    after due and careful consideration and there are no other facts not      
    contained in this announcement, the omission of which would make any      
    statement herein misleading.                                              
                                                                              
    *  For identification purposes only