25 March 2002

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 25 March 2002 on "ThinSoft Penetrates into Education Market in the PRC" for your information.

By Order of the Board

Benjamin Ngiam Mia Kiat
Executive Director
Submitted by Lauw Hui Kian, Director on 25/03/2002 to the SGX