11:18     CHINA UNICOM<00762> - Announcement (19)                             

    `MII'                          the Ministry of Information                
                                   Industry of the PRC                        
    `New Agreements'               the New CDMA Lease, the New                
                                   Comprehensive Services                     
                                   Agreement, the New                         
                                   Comprehensive Operator                     
                                   Services Agreement and the                 
                                   New Guoxin Premises Leasing                
                                   Agreement and the transfer                 
                                   agreement in relation to each              
                                   of them                                    
    `New CDMA Lease'               the CDMA lease agreement                   
                                   dated 24 March 2005 between                
                                   the A Share Company (the                   
                                   rights and obligations of the              
                                   A Share Company under that                 
                                   agreement were subsequently                
                                   transferred to the New                     
                                   Operating Entity), Unicom New              
                                   Horizon and Unicom Group,                  
                                   pursuant to which Unicom New               
                                   Horizon agreed to lease its                
                                   CDMA Network in the Twelve                 
                                   Provinces and Municipalities,              
                                   the 9A Areas and the 9B Areas              
                                   to the New Operating Entity                
    `New Comprehensive Operator    the operator-based                         
    Services                       comprehensive services                     
    Agreement'                     agreement dated 24 March 2005              
                                   between the A Share Company                
                                   (the rights and obligations                
                                   of the A Share Company under               
                                   that agreement were                        
                                   subsequently transferred to                
                                   the New Operating Entity) and              
                                   Unicom New Guoxin, pursuant                
                                   to which Unicom New Guoxin                 
                                   agreed to provide various                  
                                   operator-based services to                 
                                   the New Operating Entity                   
    `New Comprehensive Services    the services agreement dated               
    Agreement'                     24 March 2005 between the A                
                                   Share Company (the rights and              
                                   obligations of the A Share                 
                                   Company under that agreement               
                                   were subsequently transferred              
                                   to the New Operating Entity)               
                                   and Unicom Group, pursuant to              
                                   which Unicom Group agreed to               
                                   provide various services to                
                                   the New Operating Entity in                
                                   the Twelve Provinces and                   
                                   Municipalities, the 9A Areas               
                                   and the 9B Areas                           
    `New Guoxin Premises Leasing   the premises leasing                       
    Agreement'                     agreement dated 24 March 2005              
                                   between the New Operating                  
                                   Entity and the A Share                     
                                   Company (the rights and                    
                                   obligations of the A Share                 
                                   Company under that agreement               
                                   were subsequently transferred              
                                   to Unicom New Guoxin),                     
                                   pursuant to which the New                  
                                   Operating Entity agreed to                 
                                   provide premises to Unicom                 
                                   New Guoxin                                 
    `New Operating Entity'         prior to the completion of                 
                                   the Unicom New World Merger,               
                                   CUCL and Unicom New World;                 
                                   after the completion of the                
                                   Unicom New World Merger,                   
                                   CUCL. See the definition of                
                                   `Unicom New World Merger' for              
                                   further details                            
    `Old Agreements'               each of the Old CDMA Leases,               
                                   the CDMA Network Services                  
                                   Agreement, each of the Old                 
                                   Comprehensive Services                     
                                   Agreements, the Old Satellite              
                                   Channel Lease Agreement, the               
                                   Old Comprehensive Operator                 
                                   Services Agreement and the                 
                                   Old Guoxin Premises Leasing                
                                   Agreement                                  
    `Old CDMA Leases'               (i)  the CDMA lease                       
                                   agreement dated 22 November                
                                   2001 between CUCL, Unicom New              
                                   Horizon and Unicom Group                   
                                   (including the amendment                   
                                   agreement thereof dated 22                 
                                   November 2004 entered into                 
                                   between CUCL, Unicom New                   
                                   Horizon and Unicom Group),