[NAM TAI LOGO]                                                      NEWS RELEASE

Represented by PAN PACIFIC I.R. LTD.                     Contact:  Lorne Waldman
1790 - 999 WEST HASTINGS STREET                                        President
VANCOUVER, BC, CANADA V6C 2W2                    E-MAIL:  shareholder@namtai.com
TEL:  (604) 669-7800  FAX:  (604) 669-7816                  WEB:  www.namtai.com
TOLL FREE TEL/FAX:  1-800-661-8831


        Nam Tai Exceeds 4th Quarter Sales Guidance with Two New Records

VANCOUVER, CANADA -- January 10, 2005 -- Nam Tai Electronics, Inc. ("Nam Tai" or
the "Company") (NYSE Symbol: NTE; CBOE Symbol: QNA; Frankfurt Stock Exchange
Symbol: 884852) is pleased to announce that it has exceeded the 4th Quarter
upper sales guidance of $135 million provided in its press release dated October
29, 2004. It has also achieved new monthly and quarterly sales records.

Sales for the month of December 2004 were over $55 million, up around 70% over
December 2003 and ahead of the previous record set in June 2004. 4th Quarter
2004 sales were over $150 million, up around 40% over the same quarter in 2003,
and ahead of the previous record set in 2nd Quarter 2004.

Year on year, sales in 2004 were over $530 million, up around 30% over 2003
sales of $406 million.

Further detailed information will be finalized and released at the unaudited
fourth quarter results & analyst's conference call, details of which are shown
below.

The growth in 4th Quarter sales was mainly attributable to FPC sub-assemblies,
CMOS sensor modules for mobile phones, and LCD modules.

Mr. Joseph Li, Nam Tai's Chief Executive Officer commented, "We are extremely
pleased with the sales, which exceeded our original upper guidance. High oil
prices and a strong Yen has resulted in greater outsourcing, especially by
Japanese manufacturers during the period, which resulted in additional orders
from our customers. We believe this outstanding performance demonstrates Nam
Tai's ability to grow in a competitive market environment. With our new
factories expected to come on stream providing additional capacity after March
2005, we believe Nam Tai is well prepared for strong business growth in the
coming future, which we expect to be brought about by a growing international
customer base and an expansion of our product range. The Company looks forward
to a successful 2005 with confidence and enthusiasm."

Q4/04 Results & Analyst's Conference Call

The Company will release its unaudited fourth quarter results for the period
ended December 31, 2004 after the market closes on Friday, February 4, 2005. The
Company will hold a conference call on Monday, February 7, 2005 at 10:00 a.m.
Eastern Time for analysts to discuss the fourth quarter results with management.
Analysts who wish to receive the toll free dial-in number for this conference
call are invited to contact the Investor Relations Office at 1-800-661-8831 no
later than 6:00 p.m. Eastern Time on Friday, February 4, 2005. Shareholders,
media, and interested investors may listen to the live conference call over the
Internet by going to www.namtai.com and clicking on the conference call link or
over the phone by dialing (651) 291-0900 just prior to its start time. Users
will be asked to register with the conference call operator.

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Changes to Management

The Company's Chief Financial Officer, Charles Wong, and the Assistant, Joseph
Silva, both of whom were still within their probationary periods, have tendered
their resignations in the new year for personal reasons.

Mr. Joseph Li, the Company's Chief Executive Officer will assume the C.F.O.
position on an interim basis while the Board of Directors commences a search for
a suitable candidate. The Company is confident that the above resignations will
not cause any disruptions to the smooth daily operations of the Company, which
businesses will continue to be handled by the existing staff and management of
the four subsidiary companies as before.

About Nam Tai Electronics, Inc.

We are an electronics manufacturing and design services provider to original
equipment manufacturers of telecommunications and consumer electronic products.
Through our electronics manufacturing services operations, we manufacture
electronic components and subassemblies, including LCD panels, LCD modules,
radio frequency modules, flexible printed circuit sub-assemblies and image
sensors. These components are used in numerous electronic products, including
cellular phones, laptop computers, digital cameras, copiers, fax machines,
electronic toys, handheld video game devices and microwave ovens. We also
manufacture finished products, including cellular phones, palm-sized PCs,
personal digital assistants, electronic dictionaries, calculators and digital
camera accessories for use with cellular phones.

Nam Tai has two Hong Kong listed subsidiaries, Nam Tai Electronic & Electrical
Products Limited ("NTEEP") and J.I.C. Technology Company Limited ("JIC").
Interested investors may go to the website of The Stock Exchange of Hong Kong at
www.hkex.com.hk to obtain information. The stock code of NTEEP and JIC in The
Stock Exchange of Hong Kong are the 2633 and 987 respectively. Investors are
reminded to exercise caution when assessing such information and not to deal
with the shares of the Company based solely on reliance of such information. The
results of NTEEP and JIC only represent a part of the results of the Company and
there are GAAP differences in the financial statements of NTEEP and JIC, when
compared with the financial statements of the Company. Furthermore, different
subsidiaries of the Company may have a different peak seasons during a year.

Safe Harbor

Certain statements in this press release are "forward-looking statements" within
the meaning of U.S. federal securities laws. Nam Tai intends that these
statements be covered by the safe harbors created under these laws. These
forward-looking statements are subject to risks, uncertainties and other factors
that could cause actual results to differ materially from future results
expressed or implied by the forward-looking statements. Many of these factors
are beyond Nam Tai's ability to control or predict. Given these uncertainties,
readers are cautioned not to place undue reliance on the forward-looking
statements, which only speak as of the date of this press release. Nam Tai does
not undertake any obligation to release publicly any revisions to these
forward-looking statements to reflect events or circumstances after the date of
this press release or to reflect the occurrence of unanticipated events, except
as may be required under applicable securities laws.


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