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TVH
TECHNOLOGY VENTURE HOLDINGS LIMITED
Named one of the "300 Best SMEs" in the World
by FORBES GLOBAL

Hong Kong, October 17, 2000 - Technology Venture Holdings Limited (HKSE: 61) is pleased to announce that the company is named one of world's best 300 SMEs (small & medium-sized enterprises) for 2001 by FORBES GLOBAL, selected from 20,000 tracked by its databases.

To find the 300 best SMEs, FORBES GLOBAL polled money managers, securities analysts and entrepreneurs around the world for their choices. All selected companies are publicly quoted and had under US$500 million in revenue in the latest fiscal year. About two-thirds of these companies have at least 15% sales and earnings growth over the past three years, return on equity of no less than 12% and 20% earnings growth expected in the coming year. FORBES GLOBAL also included 100 companies recommended by fund managers and analysts.

"It's an honour to be named one of the best 300 by FORBES GLOBAL. With all that is going on about us, there could not be a more exciting moment to become associated with such an outstanding group of companies in the world. Serving a clientele that spans across China and Hong Kong, we have proactively managed our nationwide operation by empowering local management and IT talents, to whom we owe our performance and future success," said Mr Ron Chan Tze-ngon, Chairman, Technology Venture Holdings Limited.

The 300 best SMEs in the world are described in FORBES GLOBAL, October 2000 issue: "We can say this: Dynamism is all about growth and profits; in our opinion these 300 are among the best the world has to offer." The 20 SMEs chosen by FORBES GLOBAL last year, including Johnson Electric (HKSE: 179) of Hong Kong, scored an average stock price increase of 12.7% in the past year.

Technology Venture Holdings Limited (HKSE: 61) is an information enabler in banking, e-commerce and the public sector. Following the acquisition of 55% interest in Advanced Ditigal Technology Co Ltd, TVH now operates one of the largest banking systems integration teams on mainland China.

Issued by :
Technology Venture Holdings Limited

Through :
Troika Communications Limited
Jenny Lee or Angus Ho
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