09:23     CCT TELECOM<00138> & CCT TECH INT'L<00261> - Joint Ann. (1)         

    The Stock Exchange of Hong Kong Limited takes no responsibility           
    for the contents of this announcement, makes no representation as         
    to its accuracy or completeness and expressly disclaims any               
    liability whatsoever for any loss howsoever arising from or in            
    reliance upon the whole or any part of the contents of this               
    announcement.                                                             
                                                                              
    This announcement appears for information purposes only and does          
    not constitute an invitation or offer to acquire, purchase or             
    subscribe for securities of CCT Telecom Holdings Limited and CCT          
    Tech International Limited.                                               
                                                                              
    CCT TELECOM HOLDINGS LIMITED                                              
    (Incorporated in the Cayman Islands with limited liability)               
    (Stock Code: 138)                                                         
                                                                              
    CCT TECH INTERNATIONAL LIMITED                                            
    (Incorporated in Bermuda with limited liability)                          
    (Stock Code: 261)                                                         
                                                                              
    Major and Connected Transaction in respect of Voluntary                   
    Conditional Cash Offer with Securities Exchange Alternative by            
                                                                              
    DBS Asia Capital Limited                                                  
                                                                              
    on behalf of Jade Assets Company Limited, a wholly-owned                  
    subsidiary of CCT Telecom Holdings Limited, to acquire all the            
    issued shares and the convertible note due 2005 of                        
                                                                              
    CCT TECH INTERNATIONAL LIMITED                                            
                                                                              
    (other than those already owned by the Offeror and parties acting         
    in concert with it (other than New Capital Industrial Limited))           
    and Voluntary Conditional Cash Offer to cancel all outstanding            
    options of                                                                
                                                                              
    CCT TECH INTERNATIONAL LIMITED                                            
                                                                              
    (other than those already owned by the Offeror and parties acting         
    in concert with it)                                                       
                                                                              
    RESULTS OF THE EXTRAORDINARY GENERAL MEETING HELD ON 18 APRIL 2005        
                                                                              
    The Board is pleased to announce that the ordinary resolution             
    relating to the Offers and the Connected Transaction was duly             
    passed by the CCT Telecom Independent Shareholders by way of a poll       
    at the EGM held on 18 April 2005. Accordingly, condition (a) of           
    the Offers has been fulfilled.                                            
                                                                              
    Reference is made to the joint announcement of CCT Telecom Holdings       
    Limited (``CCT Telecom'') and CCT Tech International Limited              
    (``CCT Tech'') dated 31 January 2005 and the major and connected          
    transaction circular (the ``Circular'') of CCT Telecom dated 31           
    March 2005 relating to the Offers. Terms defined in the Circular          
    shall have the same meanings when used herein unless the context          
    requires otherwise.                                                       
                                                                              
    RESULTS OF THE EGM                                                        
                                                                              
    The Board is pleased to announce that the ordinary resolution             
    approving the Offers and the Connected Transaction was duly passed        
    by the CCT Telecom Independent Shareholders by way of a poll at           
    the EGM held on 18 April 2005. Accordingly, condition (a) of the          
    Offers has been fulfilled.                                                
                                                                              
    Details of the poll results in respect of the ordinary resolution         
    passed at the EGM are as follows:                                         
                                                                              
    Resolution passed at the EGM                                              
    FOR                                                                       
    AGAINST                                                                   
    Total number of votes                                                     
                                                                              
    Votes (%)                                                                 
    Votes (%)                                                                 
                                                                              
    Resolution to approve the Offers and the Connected Transaction            
                                                                              
    65,035,987                                                                
    (100%)                                                                    
                                                                              
    0                                                                         
    (0%)                                                                      
                                                                              
    65,035,987