The Board of Directors of IPC Corporation Ltd ("the Company") is pleased to attach a copy of the press release made by ThinSoft (Holdings) Inc, a subsidiary of the Company, in Hong Kong on 11 March 2002 on "ThinSoft seals OEM deal with top China PC and Monitor manufacturer, Great Wall" for your information.

By Order of the Board

Submitted by Bernard Ngiam Mia Hai, Company Secretary/Executive Director on 11/03/2002 to the SGX