11:19     CHINA UNICOM<00762> - Announcement (20)                             

                                   pursuant to which Unicom New               
                                   Horizon agreed to lease its                
                                   CDMA Network covering the                  
                                   Twelve Provinces and                       
                                   Municipalities to                          
                                   CUCL;                                      
                                    (ii) the CDMA lease                       
                                   agreement dated 20 November                
                                   2002 between the A Share                   
                                   Company (the rights and                    
                                   obligations of the A Share                 
                                   Company under that CDMA lease              
                                   agreement were subsequently                
                                   transferred to Unicom New                  
                                   Century), 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), pursuant to                 
                                   which Unicom New Horizon                   
                                   agreed to lease its CDMA                   
                                   Network covering the 9A Areas              
                                   to Unicom New Century (and,                
                                   after the Unicom New Horizon               
                                   Merger, to                                 
                                   CUCL);                                     
                                    (iii) the CDMA lease                      
                                   agreement dated 20 November                
                                   2003 between the A Share                   
                                   Company (the rights and                    
                                   obligations of the A Share                 
                                   Company under that CDMA lease              
                                   agreement were subsequent                  
                                   transferred to Unicom New                  
                                   World), Unicom New Horizon                 
                                   and Unicom Group (including                
                                   the amendment agreement                    
                                   thereof dated 22 November                  
                                   2004 entered into between                  
                                   Unicom New World, Unicom New               
                                   Horizon and Unicom Group),                 
                                   pursuant to which Unicom New               
                                   Horizon agreed to lease its                
                                   CDMA Network covering the 9B               
                                   Areas to Unicom New World                  
    `Old Comprehensive Operator    the operator-based                         
    Services                       comprehensive services                     
    Agreement'                     agreement dated 20 November                
                                   2003 between the A Share                   
                                   Company (the rights and                    
                                   obligations of the A Share                 
                                   Company under that agreement               
                                   were subsequently transferred              
                                   to CUCL, Unicom New Century                
                                   and Unicom New World), Unicom              
                                   New Guoxin and Unicom Group,               
                                   pursuant to which Unicom                   
                                   Group agreed to provide                    
                                   various operator-based                     
                                   services to CUCL, Unicom New               
                                   Century and Unicom New World               
                                   by itself or through Unicom                
                                   New Guoxin                                 
    `Old Comprehensive Services     (i)  the comprehensive                    
    Agreements'                    services agreement dated 25                
                                   May 2000 between CUCL and                  
                                   Unicom Group (including the                
                                   amendment agreement thereof                
                                   dated 22 November 2004                     
                                   entered into between CUCL and              
                                   Unicom Group), pursuant to                 
                                   which Unicom Group agreed to               
                                   provide various services to                
                                   CUCL in its then operating                 
                                   areas;                                     
                                    (ii) the comprehensive                    
                                   services agreement dated 20                
                                   November 2002 between the A                
                                   Share Company (the rights and              
                                   obligations of the A Share                 
                                   Company under that services                
                                   agreement were subsequently                
                                   transferred to Unicom New                  
                                   Century) and Unicom Group                  
                                   (including the amendment                   
                                   agreement thereof dated 22                 
                                   November 2004 entered into                 
                                   between CUCL and Unicom                    
                                   Group), pursuant to which                  
                                   Unicom Group agreed to                     
                                   provide various services to                
                                   Unicom New Century (and,