INTERIM DIVIDEND

The Board of Directors of Radiance Electronics Limited (the "Company") is pleased to announce that a one-tier (tax exempt) interim dividend of 1.3 cents per ordinary share in the capital of the Company has been declared for the financial year ending 30 June 2004 (the "Interim Dividend"), payable on 11 June 2004 to shareholders registered in the Register of Members and the Transfer Books of the Company on 1 June 2004.


NOTICE OF BOOKS CLOSURE DATE

The Company hereby gives notice that the Register of Members and the Transfer Books of the Company will be closed on 1 June 2004. Duly completed registrable transfers received by the Company's Share Registrar, Barbinder & Co Pte Ltd, at 8 Cross Street #11-00 PWC Building Singapore 048424 up to 5.00 p.m. on 31 May 2004 will be registered in the Register of Members and the Transfer Books of the Company to determine shareholders' entitlements to the Interim Dividend. Shareholders whose securities accounts with the Central Depository (Pte) Limited are credited with shares in the Company by 5.00 p.m. on 31 May 2004 will be entitled to the Interim Dividend.