09:15     SONAVOX INT'L<08226> - Yearly Results Announcement (1)              

                                                                              
    Sonavox International Holdings Limited announced on 24/03/2005:           
    (stock code: 08226 )                                                      
                                                                              
    Year end date                         :31/12/2004                         
    Currency                              :HKD                                
    Auditors' report                      :Unqualified                        
                                                                              
                                                                              
    Important Note :                                                          
                                                                              
    This result announcement form only contains extracted information from    
    and should be read in conjunction with the detailed results announcement  
    of the issuer, which can be viewed on the GEM website at                  
    http://www.hkgem.com                                                      
                                                                              
                                                 (Audited)         (Audited)  
                                                  Current Last Corresponding  
                                                   Period            Period   
                                           from 01/01/2004   from 01/01/2003  
                                             to 31/12/2004     to 31/12/2003  
                                                     $'000             $'000  
                                                                              
    Turnover                              :        205,552           115,348  
    Profit/(Loss) from Operations         :         33,264            17,887  
    Finance cost                          :        (1,291)             (684)  
    Share of Profit/(Loss) of Associates  :            N/A               N/A  
    Share of Profit/(Loss) of Jointly                                         
             Controlled Entites           :            N/A               N/A  
    Profit/(Loss) after Taxation & MI     :         10,086             6,363  
    % Change Over the Last Period         :         +58.51%                   
    EPS / (LPS)                                                               
              Basic (in dollar)           :     HKD 0.0315        HKD 0.0199  
              Diluted (in dollar)         :            N/A               N/A  
    Extraordinary (ETD) Gain/(Loss)       :            N/A               N/A  
    Profit (Loss) after ETD Items         :        10,086             6,363   
    Final Dividends per Share             :            NIL               NIL  
    (specify if with other options)       :            N/A               N/A  
    B/C Dates for Final Dividends         :            N/A                    
    Payable Date                          :            N/A                    
    B/C Dates for (-) General Meeting     :            N/A                    
    Other Distribution for Current Period :            NIL                    
    B/C Dates for Other Distribution      :            N/A                    
                                           (bdi: both days inclusive)         
                                                                              
    For and on behalf of                                                      
    Sonavox International Holdings Limited                                    
                                                                              
    Signature :                                                               
    Name      : Poon Lai Yin, Michael                                         
    Title     : Company Secretary                                             
                                                                              
    Responsibility statement                                                  
                                                                              
    The directors of the Company (the "Directors") as at the date hereof      
    hereby collectively and individually accept full responsibility for the   
    accuracy of the information contained in this results announcement form   
    (the "Information") and confirm, having made all reasonable inquiries,    
    that to the best of their knowledge and belief the Information are        
    accurate and complete in all material respects and not misleading and     
    that there are no other matters the omission of which would make the      
    Information herein inaccurate or misleading.The Directors acknowledge     
    that the Stock Exchange has no responsibility whatsoever with regard to   
    the Information and undertake to indemnify the Exchange against all       
    liability incurred and all losses suffered by the Exchange in connection  
    with or relating to the Information.                                      
                                                                              
    Remarks:                                                                  
                                                                              
    1. PRINCIPAL ACCOUNTING POLICIES                                          
                                                                              
    The audited consolidated results of the Group have been prepared in       
    accordance with accounting principles generally accepted in Hong Kong     
    and comply with accounting standards issued by the Hong Kong Institute    
    of Certified Public Accountants and the applicable disclosure             
    requirements of the GEM Listing Rules.  They have been prepared under     
    the historical cost convention, as modified by the revaluation of         
    leasehold land and buildings.                                             
                                                                              
    2. INTERIM DIVIDEND                                                       
                                                                              
    The Directors have declared an interim dividend of HK$0.16 cent per       
    ordinary share, totaled HK$512,000, which was paid on                     
    11th October 2004.                                                        
                                                                              
    The Directors do not recommend the payment of final dividend              
    for the year ended 31st December 2004 so as to retain resources for       
    future expansion.