IDT International Limited : IDT International Recognized As One of The Top Companies in the "Overall Regional Best - Managed Company - Medium Cap" By Asiamoney

[For Immediate Release] IDT INTERNATIONAL RECOGNISED AS ONE OF THE TOP COMPANIES IN THE "OVERALL REGIONAL BEST-MANAGED COMPANY - MEDIUM CAP" BY ASIAMONEY * * * * APPRAISES IDT'S EXCELLENCE IN CORPORATE MANAGEMENT

(Hong Kong, 9 January 2005) -- Leading consumer electronic products manufacturer and distributor, IDT International Limited ("IDT International" or the "Group") (SEHK code: 167) is pleased to announce that it has been named as the second runner up of the "Overall Regional Best-Managed Companies - Medium Cap" in Asiamoney's 13th Annual Best-Managed Companies Poll 2004.
As a leading regional financial magazine, Asiamoney invited investors and analysts from leading fund-management firms, hedge funds and brokerages in the Asia Pacific region to participate in the poll, which is highly recognised as the most prestigious and accurate measure of excellence for companies in the Asia Pacific region (including Australia and Japan). Awardees are evaluated with reference to their performance in: corporate strategy, financial management, investor relations, annual reports, focus on shareholder value, operational efficiency and website. A total of 410 companies were nominated in 2004.

Dr. Raymond Chan, Chairman and CEO of IDT International, commented on this encouraging achievement, "We are delighted that IDT's corporate strategy and management are recognized by the investment community. It is our great honour to receive such prestigious acknowledgement amongst our peers. We are committed to maintaining a high level of transparency in our financial reports and integrity of information is a core emphasis in our management systems. This achievement will provide further motivation to continuously strengthen our corporate governance, as well as our commitment to both our shareholders and investors. In addition, building on our solid foundation, we will continue to further our business development and creating value for all our stakeholders."

About IDT International:

IDT International is a holding company whose shares are publicly listed on The Stock Exchange of Hong Kong

Limited.

Headquartered in Hong Kong, IDT International and member company, IDT Holdings (Singapore) Limited (listed on The Singapore Exchange Securities Trading Limited), are engaged in the design, development, manufacture, sale and marketing of innovative consumer electronic products featuring state-of-the-art liquid crystal display and microprocessor technology. The core businesses include LCD Consumer Electronic Products, Telecommunication Products, Digital Media Products and Electronic Learning Products. Marketing is undertaken globally through 15 sales and marketing offices in the US, Italy, the UK, Spain, France, Germany, Australia, Brazil, China, Japan, Singapore and Hong Kong. Research and development resources have been established in both Hong Kong and China while manufacturing facilities are centred in Xixian and Shenzhen, China.

For more corporate and product information on the IDT Group and Oregon Scientific, please access our websites at http://www.idthk.com or http://www.oregonscientific.com

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