13:28     TPV TECHNOLOGY<00903> - Results Announcement                        

    TPV Technology Limited announced on 30/03/2005:                           
    (stock code: 00903 )                                                      
    Year end date: 31/12/2004                                                 
    Currency: USD                                                             
    Auditors' Report: Unqualified                                             
                                                                              
                                                            (Audited   )      
                                         (Audited   )       Last              
                                         Current            Corresponding     
                                         Period             Period            
                                         from 01/01/2004    from 01/01/2003   
                                         to 31/12/2004      to 31/12/2003     
                                   Note  ('000      )       ('000      )      
    Turnover                           : 3,738,182          2,135,381         
    Profit/(Loss) from Operations      : 123,709            75,859            
    Finance cost                       : (8,513)            (3,768)           
    Share of Profit/(Loss) of                                                 
      Associated Companies             : 7,334              4,177             
    Share of Profit/(Loss) of                                                 
      Jointly Controlled Entities      : N/A                N/A               
    Profit/(Loss) after Tax & MI       : 108,337            69,584            
    % Change over Last Period          : +55.69    %                          
    EPS/(LPS)-Basic (in dollars)       : 0.0782             0.0517            
             -Diluted (in dollars)     : 0.0779             0.0503            
    Extraordinary (ETD) Gain/(Loss)    : N/A                N/A               
    Profit/(Loss) after ETD Items      : 108,337            69,584            
    Final Dividend                     : US 1.59 cents      US 1.12 cents     
      per Share                                                               
    (Specify if with other             : N/A                N/A               
      options)                                                                
                                                                              
    B/C Dates for                                                             
      Final Dividend                   : 09/05/2005         to 11/05/2005 bdi.
    Payable Date                       : 31/05/2005                           
    B/C Dates for Annual                                                      
      General Meeting                  : 09/05/2005         to 11/05/2005 bdi.
    Other Distribution for             : N/A                                  
      Current Period                                                          
                                                                              
    B/C Dates for Other                                                       
      Distribution                     : N/A                                  
                                                                              
    Remarks:                                                                  
                                                                              
    Explanatory notes to Annual Results Announcement Form                     
    For the year ended 31st December 2004                                     
                                                                              
                                                                              
    1.      Turnover                                                          
                                                                              
                                                            2004              
                                                            US$'000           
       Turnover                                                               
            Sales of goods to third parties and related companies             
                                                            3,738,182         
                                                            -----------       
       Other revenues                                                         
            Interest income from bank deposits                  2,148         
            Export incentives received                          2,720         
            Technical support service fee income                4,246         
          Localization incentives received                      4,298         
            Fiscal refund received                                  -         
            Miscellaneous income                                2,560         
                                                            -----------       
                                                               15,972         
                                                            -----------       
       Total revenues                                       3,754,154         
                                                            -----------       
                                                                              
                                                                              
                                                                              
    2.      Earnings per share                                                
                                                                              
    The calculation of basic and fully diluted earnings per ordinary share is 
    based on the Group's    profit attributable to shareholders for the year  
    of US$108,337,000 (2003: US$69,584,000).                                  
                                                                              
    The basic earnings per share is based on the weighted average number of   
    1,385,343,223   (2003: 1,347,211,897) ordinary shares in issue during the 
    year.                                                                     
                                                                              
    The fully diluted earnings per share is based on 1,390,294,575 (2003:     
    1,382,219,083)  ordinary shares which is the weighted average number of   
    ordinary shares in issue during the     year plus the weighted average    
    number of 4,951,352 (2003: 35,007,186) ordinary shares  deemed to be      
    issued at no consideration if all outstanding options had been exercised.