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Achieves " The Highest Business Growth Distributor" By ST Microelectronics Limited

Sep 26, 2003

The Directors of Willas-Array Electronics (Holdings) Limited (WEHL) is pleased to announce that ST Microelectronics Limited (STML), the Geneva-based global leader in developing and delivering semiconductor solutions, has ranked WEHL as the highest business growth distributor in terms of billing performance amongst its global top 20 distributors as of the end of August 2003. STML is one of the world's leading semiconductor manufacturers with an unsurpassed capability to offer leading-edge solutions to all segments of the electronics industry. Despite the SARS outbreak and interruptions earlier in the year, WEHL is able to achieve a billing performance representing 115% growth over the same period last year with STML.

With the export and consumption of electronic goods accelerating in China, the Directors of WEHL look forward to a new era of business growth as the Company continues to focus aggressively on building scale and effectively delivering solutions in the growing China market.