In the context of the same shipment period, this is the first time the Group¡¦s shipment of LCD monitors exceeded that of CRT monitors. In calendar year 2004, PROVIEW shipped 7,430,000 units of CRT and 2,160,000 units of LCD, which made up a total of 9,590,000 units of monitor shipment.

Mr. Rowell Yang Long-san, Chairman and Chief Executive Officer, PROVIEW International said: ¡§With the increase in market supply, and subsequent price drops of LCD panels, the prices of LCD monitors have declined in accordance. Although hit by the price drop, PROVIEW is able to benefit from the resulting surge in demand. It is inevitable that the CRT monitor market will continue to be eclipsed by the growing LCD monitor sector. Our Group will strive to develop the emerging markets to maintain our shipment of CRT monitors. For the next few months, we expect the demand for LCD monitors to remain strong. Our Group is ready to take this opportunity to develop our LCD monitor line further to become our Group¡¦s major growth driver.¡¨

The current order book for LCD monitors remains strong with shipment plans for the second half of 2005 being discussed with major clients. With the industry¡¦s peak season falling in the second half of the year, the Group expects to achieve its 2005 sales target for LCD monitors.

Orders in hand for April 2005 shipment comprises 600,000 units of CRT monitors and 800,000 units of LCD monitors. Regarding flat TV, the Group has secured orders from major US clients, and expects the shipment of its private label to increase from April onwards.

In terms of revenues, sales to the three core markets, Asia, Europe and America, represented 29% (1Q2004: 28%), 42% (1Q2004: 39%) and 28% (1Q2004: 31%) respectively of the Group¡¦s net turnover in the first quarter of calendar year 2005. Growth in mainland China was particularly notable with revenue contribution growing to 21% from 15% of the same period last year.

Key Shipment Figures

	Three months ended March 31,
	2005	2004
CRT monitors	1,168,869 units	1,588,782 units
LCD monitors	1,278,788 units	443,096 units
LCD and PDP TVs	5,235 units	388 units

About PROVIEW International
PROVIEW International Holdings Limited (SEHK: 334) is a world top-five display devices producer owning globally recognized house brands including PROVIEW and EMC. The Group commands a global retail-sales and distribution network covering 50 countries with strong leverage of its world-class manufacturing facilities in China, Taiwan and Brazil. It has an annual production capacity of 12 million units of CRT monitors, 11.4 million LCD monitors and 780,000 flat panel TVs. For more information, please visit www.proview.com.

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PROVIEW International Holdings Limited

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