26 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 26 March 2002 on "ThinSoft Glides Across FY'2001 Finish Line With 70% Surge In Net Profit of Thin Computing Solutions Business" for your information.

By Order of the Board

Benjamin Ngiam Mia Kiat
Executive Director
Submitted by Lauw Hui Kian, Director on 26/03/2002 to the SGX