HONG KONG, April 16 /PRNewswire-FirstCall/ — Nam Tai Electronics, Inc. (“Nam
Tai” or the “Company”) (NYSE: NTE) today announced the following corporate
updates:

1. Changes of PRC headquarters and Investor relations contact

Nam Tai closed its Macao office on April 1, 2009. Accordingly, the Company’s
PRC headquarters and investor relations contact information has been changed
with immediate effect as follows:

PRC headquarters:
Address: Gushu Industrial Estate, Xixiang,
Baoan, Shenzhen, People’s Republic of China
Tel No.: (86 755) 2749 0666
Fax No.: (86 755) 2747 1549

Investor relations contact:
Contact person: Mr. Anthony Chan, Vice Chief Financial Officer
Address: Unit 5811-12, 58/F, The Center
99 Queen’s Road Central, Central, Hong Kong
Tel No.: (852) 2341 0273
Fax No.: (852) 2263 1223
Email address: The Investor relations email address remains as
shareholder@namtai.com

2. Results of the conditional cash offer to privatize NTEEP

The results of the Company’s previously announced conditional cash offer to
privatize Nam Tai Electronic and Electrical Products Limited (“NTEEP”), which is
listed on Hong Kong Stock Exchange are as follows:

As of April 6, 2009, the Company had received valid acceptances in respect of
195,899,531 shares of NTEEP held by NTEEP’s minority shareholders,
representing approximately 88.46% of the public float shares of NTEEP. Since
the Company was not able to acquire 90% of NTEEP’s public float shares, the
condition of the offer was not satisfied and therefore the proposed
privatization of NTEEP was unsuccessful. As a result, NTEEP will continue to
maintain its listing status on the Hong Kong Stock Exchange. For details of
the results, please refer to the relevant announcements which may be accessed
through NTEEP’s website at http://www.namtaieep.com.

3. Change of Independent Auditor

The Company solicited proposals from accounting firms and conducted an
evaluation process in connection with the selection of the Company’s
independent auditor for the year ending December 31, 2009.

Following this process, on April 15, 2009, the Company’s Board of Directors,
upon recommendation of the Audit Committee, determined to replace Deloitte
Touche Tohmatsu as independent auditor for the Company’s year ending December
31, 2009 and appointed Moore Stephens to serve as the Company’s independent
auditor for 2009.

4. Schedule for Release of Results for First Quarter of 2009

The Company announced that it will release its unaudited first quarter results
for the period ended March 31, 2009 on Monday, May 11, 2009 at 8:00 a.m.
Eastern Time.

5. Update on Delivery of Form 20-F and Mailing of Proxy Materials for 2009
Shareholders’ Meeting

The Company has reconsidered its plan (as announced on March 13, 2009) to mail
a paper copy of its 2008 Annual Report on Form 20-F at the time it sends to
shareholders entitled vote at its upcoming 2009 Annual Meeting of Shareholders
the formal Notice and the Proxy Statement for that meeting. Nam Tai no longer
plans to include a paper copy of its 2008 Annual Report on Form 20-F with its
Notice and the Proxy Statement for its 2009 Annual Meeting of Shareholders.
Since the filing of its Annual Report on Form 20-F for the year ended December
31, 2008 with the SEC on March 13, 2009, that Report has been available from
the Company’s website at http://www.namtai.com/annual/08form20f.pdf. Nam Tai
will continue to deliver within a reasonable time after request a paper copy
of its 2008 Annual Report, including its complete audited financial
statements, free of charge, to any shareholder upon request. To request a
paper copy, please contact the Company by e-mail at shareholder@namtai.com or
by written request to Unit 5811-12, 58/F, The Center, 99 Queen’s Road Central,
Central, Hong Kong, Re: 2008 Annual Report on Form 20-F.

The Company anticipates mailing on or about May 4, 2009 its proxy materials
for its 2009 Annual Meeting of Shareholders scheduled for Friday, June 5, 2009
at the Pan Pacific Vancouver Hotel, 300-999 Canada Place, Vancouver BC, V6C
3B5, Canada.

ABOUT NAM TAI ELECTRONICS, INC.

We are an electronics manufacturing and design services provider to a select
group of the world’s leading OEMs of telecommunications and consumer
electronic products. Through our electronics manufacturing services
operations, we manufacture electronic components and subassemblies, including
LCD panels, LCD modules, RF modules, DAB modules, FPC subassemblies and image
sensors modules and PCBAs for headsets containing Bluetooth(1) wireless
technology. These components are used in numerous electronic products,
including mobile phones, laptop computers, digital cameras, electronic toys,
handheld video game devices, and entertainment devices. We also manufacture
finished products, including mobile phone accessories, home entertainment
products and educational products. We assist our OEM customers in the design
and development of their products and furnish full turnkey manufacturing
services that utilize advanced manufacturing processes and production
technologies.

Nam Tai’s business operations are conducted by its subsidiary, Nam Tai
Electronic and Electrical Products Limited (“NTEEP”), a Hong Kong Stock
Exchange-listed company in which Nam Tai currently owns slightly less than 75
percent of NTEEP’s outstanding share capital. In addition to reports that Nam
Tai files with the SEC, which may be accessed through the SEC’s EDGAR database
at http://www.sec.gov, interested investors may review the website of The
Stock Exchange of Hong Kong at www.hkex.com.hk to obtain information that
NTEEP is required to file under applicable rules of the Hong Kong Stock
Exchange. The stock code of NTEEP in The Stock Exchange of Hong Kong is 2633.
Investors are reminded to exercise caution when assessing such information and
not to deal with the shares of Nam Tai based solely upon reliance on such
information.

(1) The Bluetooth(R) word mark and logos are owned by the Bluetooth SIG, Inc.
and any use of such marks by Nam Tai is under license.

SOURCE Nam Tai Electronics, Inc.

Investor relations: Anthony Chan of Nam Tai, +852-2341-0273, or Fax,
+852-2263-1223, shareholder@namtai.com