Nam Tai Electronics, Inc. Declares Quarterly Cash Dividend

          Nam Tai Electronics, Inc. Declares Quarterly Cash Dividend

PR Newswire

SHENZHEN, China, Dec. 17, 2012

SHENZHEN, China, Dec. 17, 2012 /PRNewswire/ -- Nam Tai Electronics, Inc. ("Nam
Tai" or the "Company") (NYSE Symbol:NTE) board of directors has declared a
0.15 cents per share (60 cents per share on an annual basis) quarterly
dividend on the Company's common stock. The dividend will be payable on or
before January 31, 2013 to stockholders of record on December 31, 2012.

The following table details the schedule for declaration and payment of
quarterly dividends in 2013.

                                                            Dividend
Quarterly Payment Record Date        Payment Date                       Status
                                                            (per share)
Q1 2013           December 31, 2012  before January 31,     $0.15
                                     2013
Q2 2013           March 31, 2013     before April 30, 2013  $0.15
Q3 2013           June 30, 2013      before July 31, 2013   $0.15
Q4 2013           September 30, 2013 before October 31,     $0.15
                                     2013
Total for Full Year 2013                                    $0.60

The Company's decision to continue dividend payments in 2013 does not
necessarily mean that cash dividend payments will continue thereafter. Whether
future dividends will be declared will depend upon the Company's future growth
and earnings, of which there can be no assurance, and the Company's cash flow
needs for further expansion. Accordingly, there can be no assurance that cash
dividends on the Company's common shares will be declared beyond those
declared for 2013, what the amounts of such dividends will be or whether such
dividends, once declared for a specific period, will continue for any future
period, or at all.

FORWARD-LOOKING STATEMENTS AND FACTORS THAT COULD CAUSE OUR SHARE PRICE TO
DECLINE

Certain statements included in this press release, other than statements of
historical fact, are forward-looking statements. Forward-looking statements
generally can be identified by the use of forward-looking terminology such as
"may", "will", "expect", "intend", "estimate", "anticipate", "plan", "seek" or
"believe". These forward-looking statements, which are subject to risks,
uncertainties, and assumptions, may include projections of our future
financial performance based on our growth strategies and anticipated trends in
our business. These statements are only predictions based on our current
expectations about future events. There are important factors that could cause
our actual results, level of activity, performance, or achievements to differ
materially from the results, level of activities, performance, or achievements
expressed or implied by the forward-looking statements, including, but not
limited to, a deterioration of the markets for the Company's customers'
products and the global economy as a whole, which could negatively impact the
Company's revenue and the ability of the Company's customers to confirm prior
orders or pay for the Company's products; the financial resources and credit
rating of Company's customers under the current global recession; the effects
that current credit and market conditions could have on the liquidity and
financial condition of our customers and suppliers, including any impact on
their ability to meet their contractual obligations; the sufficiency of the
Company's cash position and other sources of liquidity to operate its
business; the negative effects of increased competition pressure on the
Company's revenues and margins; component quality or shortage, whether or not
cause by customers change in specifications, delay in the Company's ability to
take possession of land for development of additional production facilities,
continued inflation and appreciation of the Renminbi against the US dollar;
rising labor costs in China and changes in the labor supply and labor
relations our ability to win additional government business. In particular,
you should consider the risks outlined under the heading "Risk Factors" in our
most recent Annual Report on Form 20-F and in our Current Report filed from
time to time on Form 6-K. Although we believe the expectations reflected in
the forward-looking statements are reasonable, we cannot guarantee future
results, level of activity, performance, or achievements. You should not rely
upon forward-looking statements as predictions of future events. These
forward-looking statements apply only as of the date of this press release; as
such, they should not be unduly relied upon as circumstances change. Except as
required by law, we are not obligated, and we undertake no obligation, to
release publicly any revisions to these forward-looking statements that might
reflect events or circumstance occurring after the date of this release or
those that might reflect the occurrence of unanticipated events.

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, consumer electronic,
medical and automotive products. Through our electronics manufacturing
services operations, we manufacture electronic components and subassemblies,
including LCD modules, image-sensor modules and FPCAs. These components are
used in numerous electronic products, including smartphones, tablets,
automotive, 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 Electronics, Inc. is a corporation registered in the British Virgin
Islands and listed on the New York Stock Exchange (Symbol "NTE"). All the
Company's operations are located in the People's Republic of China

Please refer to the Nam Tai website (www.namtai.com) or the SEC website
(www.sec.gov) for Nam Tai press releases and financial statements.

SOURCE Nam Tai Electronics, Inc.

Website: http://www.namtai.com
Contact: Investors, Mr. Kevin McGrath, Managing Partner of Cameron Associates,
Tel.:212.245.4577, E-mail: kevin@cameronassoc.com
 
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