10:48     HUTCH TELECOM<02332> - Announcement (2)                             

    For so long as the current restrictions under the Listing Rules           
    continue to apply, the Company will be required to obtain a               
    further waiver from the Stock Exchange from strict compliance             
    with the current three-year principle if an IPO and listing of            
    HMTL is to occur within the three year period of the listing              
    of the Shares on 15 October 2004. As Practice Note 15 does not            
    contain an absolute prohibition on spin-offs within three years           
    of the date of the Shares' listing, and as stated in the Company's        
    Prospectus, the Stock Exchange had indicated it would be willing          
    to consider an application for a further waiver on its merits             
    and on the basis of the information then available. Such                  
    application will be made at a time and in circumstances the Board         
    considers appropriate.                                                    
                                                                              
    As any spin-off of HMTL is subject to the final decision of the           
    Board and the HMTL Board and compliance with all applicable               
    regulatory and legal requirements, Shareholders and other                 
    investors are reminded to exercise caution when dealing in the            
    securities of the Company.                                                
                                                                              
    As at the date of this announcement, the Directors are:                   
                                                                              
    Executive Directors:    Non-executive Directors:                          
    Mr. Dennis Pok Man LUI  Mr. FOK Kin-ning, Canning                         
    Mr. Tim PENNINGTON      Mrs. CHOW WOO Mo Fong, Susan                      
    Mr. CHAN Ting Yu        Mr. Frank John SIXT                               
    Mr. Cliff Chiu Man WOO                                                    
                                                                              
    Independent Non-executive Directors:                                      
    Mr. KWAN Kai Cheong                                                       
    Mr. John W. STANTON                                                       
    Mr. Kevin WESTLEY                                                         
                                                                              
    In this announcement, unless the context requires otherwise,              
    the following expressions have the following meanings:-                   
                                                                              
    "ADS(s)"        American depositary share(s) issued by Citibank N.A.,     
    each representing ownership of 15 Shares                                  
                                                                              
    "Board" the board of Directors                                            
                                                                              
    "Company"       Hutchison Telecommunications International                
    Limited, a company incorporated in the Cayman Islands, whose              
    Shares are listed on the Main Board of the Stock Exchange and             
    ADSs are listed on New York Stock Exchange, Inc.                          
                                                                              
    "Company's Prospectus"  the prospectus issued by the Company              
    dated 30 September 2004 for the global offering of the Shares             
                                                                              
    "Directors"     directors of the Company                                  
                                                                              
    "Group" the Company and its subsidiaries                                  
                                                                              
    "HMTL" or the           Hutchison Max Telecom Limited, an Indian mobile   
      "India Operations"    telecommunications operator of the Group          
                            and the new holding company of the other          
    five Indian mobile telecommunications operators of the Group              
    after the restructuring and consolidation effected on 1 February          
    2005 and as more particularly described in the Company's                  
    announcement dated 3 February 2005                                        
                                                                              
    "HMTL Board"    the board of directors of HMTL                            
                                                                              
    "IPO"   initial public offering                                           
                                                                              
    "Listing Rules" Rules Governing the Listing of Securities on the          
    Main Board of the Stock Exchange                                          
                                                                              
    "Practice Note 15"      the "Practice with regard to proposals            
    submitted by issuers to effect the separate