10:05     CCT TELECOM<00138> & CCT TECH INT'L<00261> - Joint Ann. (2)         

    As at the date of this announcement, the executive directors of CCT       
    Telecom are Mr. Mak Shiu Tong, Clement, Mr. Tam Ngai Hung, Terry, Ms.     
    Cheng Yuk Ching, Flora and Dr. William Donald Putt and the independent    
    non-executive directors of CCT Telecom are Mr. Samuel Olenick, Mr.        
    Tam King Ching, Kenny and Mr. Lau Ho Man, Edward.                         
                                                                              
    As at the date of this announcement, the executive directors of CCT       
    Tech are Mr. Mak Shiu Tong, Clement, Mr. Tam Ngai Hung, Terry, Ms.        
    Cheng Yuk Ching, Flora, Mr. Tong Chi Hoi and Dr. William Donald Putt      
    and the independent non-executive directors of CCT Tech are Mr. Chow      
    Siu Ngor, Mr. Lau Ho Kit, Ivan and Mr. Chen Li.                           
                                                                              
    By Order of the Board of                                                  
    CCT TELECOM HOLDINGS LIMITED                                              
    Mak Shiu Tong, Clement                                                    
    Chairman                                                                  
                                                                              
    By Order of the Board of                                                  
    CCT TECH INTERNATIONAL LIMITED                                            
    Tam Ngai Hung, Terry                                                      
    Director                                                                  
                                                                              
    Hong Kong, 21 February 2005                                               
                                                                              
    The directors of CCT Telecom jointly and severally accept full            
    responsibility for the accuracy of the information (other than that       
    in respect of the CCT Tech Group) in this announcement and confirm,       
    having made all reasonable enquiries, that to the best of their           
    knowledge, opinions expressed in this announcement have been arrived      
    at after due and careful consideration and there are no other facts       
    not contained in this announcement the omission of which would make       
    any statement in this announcement misleading.                            
                                                                              
    The directors of CCT Tech jointly and severally accept full               
    responsibility for the accuracy of the information (other than that       
    in respect of the CCT Telecom Group and the Offeror) in this              
    announcement and confirm, having made all reasonable enquiries, that      
    to the best of their knowledge, opinions expressed in this                
    announcement have been arrived at after due and careful consideration     
    and there are no other facts not contained in this announcement the       
    omission of which would make any statement in this announcement           
    misleading.