10:05     TCL COMM<02618> - Announcement & Resumption of Trading (4)          

    IV.   Resumption of Trading                                               
                                                                              
    The Directors wish to emphasize that the Notes Issue is subject to        
    conditions precedent. If such conditions are not fulfilled by 31 July     
    2005, it will lapse. Accordingly, Shareholders and investors are          
    advised to exercise caution when dealing with the Shares.                 
                                                                              
    At the request of the Company, trading in its Shares was suspended with   
    effect from 9:30 am, 12 May 2005, pending the issuance of this            
    announcement.                                                             
                                                                              
    Application has been made to the Stock Exchange for the resumption of     
    trading in the Shares with effect from 9:30 am, 17 May 2005.              
                                                                              
    DEFINITIONS                                                               
                                                                              
    In this announcement, the following expressions have the following        
    meanings, unless the context otherwise requires:                          
                                                                              
    ``associate''  has the meaning ascribed thereto under the Listing         
    Rules;                                                                    
                                                                              
    ``Board''  the board of Directors;                                        
                                                                              
    ``Company''  TCL Communication Technology Holdings Limited, a company     
    incorporated in the Cayman Islands with limited liability, the shares     
    of which are listed on the main board of the Stock Exchange;              
                                                                              
    ``controlling shareholder''  has the meaning ascribed thereto under       
    the Listing Rules;                                                        
                                                                              
    ``Conversion Period''  the period commencing on the Issue Date and        
    ending on the Maturity Date;                                              
                                                                              
    ``Conversion Price''  HK$0.58175 per Share, subject to adjustment;        
                                                                              
    ``Conversion Rights''  the rights attached to the Convertible Notes       
    to convert the same or a part thereof into Conversion Shares;             
                                                                              
    ``Conversion Shares''  the Shares to be issued by the Company upon        
    exercise by the holder of the Convertible Notes of the Conversion         
    Rights;                                                                   
                                                                              
    ``Convertible Notes''  the 3% Convertible Notes due after 3 years from    
    the Issue Date with an aggregate principal amount of ?20,000,000 (in      
    its HK$ equivalent of about HK$199,510,000) to be issued by the Company   
    pursuant to the terms and conditions of the Subscription Agreement;       
                                                                              
    ``Directors''  the director(s) of the Company;                            
                                                                              
    ``EGM''  an extraordinary general meeting of the Company to be            
    convened to approve the Notes Issue;                                      
                                                                              
    ``Euro'' or ``?''  the currency introduced at the start of the third      
    stage of European economic and monetary union pursuant to the Treaty      
    establishing the European Community as amended by the Treaty on           
    European Union and the Treaty of Amsterdam or otherwise participates      
    in European economic and monetary union in a manner and with similar      
    effect to such third stage;                                               
                                                                              
    ``Group''  the Company together with its subsidiaries from time to        
    time prior to the Notes Issue Completion;                                 
                                                                              
    ``HK$''  Hong Kong dollars, the lawful currency in Hong Kong;             
                                                                              
    ``Hong Kong''  the Hong Kong Special Administrative Region of the         
    People's Republic of China;                                               
                                                                              
    ``Independent Board Committee''  a board of committee comprising 3        
    independent non-executive Directors having been appointed to advise       
    the Independent Shareholders in respect of the Notes Issue;               
                                                                              
    ``Independent Shareholders''  Shareholders other than the Subscriber      
    and its associates;                                                       
                                                                              
    ``Issue Date''  the date on which the Convertible Notes is issued         
    pursuant to the terms and conditions of the Subscription Agreement;       
                                                                              
    ``Listing Rules''  the Rules Governing the Listing of Securities on       
    the Stock Exchange;                                                       
                                                                              
    ``Notes Issue''  the issue of the Convertible Notes pursuant to the       
    terms and conditions of the Subscription Agreement;                       
                                                                              
    ``Notes Issue Completion''  completion of the Convertible Notes           
    pursuant to the terms and conditions of the Subscription Agreement;