09:24 CCT TELECOM<00138> & CCT TECH INT'L<00261> - Joint Ann. (2) As at the date of this announcement, the total number of issued shares of CCT Telecom is 422,525,230 CCT Telecom Shares with the total number of shares entitling the CCT Telecom Independent Shareholders thereof to attend and vote for or against the ordinary resolution at the EGM is 326,266,576 CCT Telecom Shares, represents approximately 77.22% of the existing total issued share capital of CCT Telecom. In view of the interests of the Offeror and parties acting in concert with it in the Offers and the interests of the connected persons of CCT Telecom who are entitled to receive the Convertible Bonds in the Offers, holders of an aggregate of 96,258,654 CCT Telecom Shares, represents approximately 22.78% of the existing total issued share capital of CCT Telecom, were required to abstain from voting on such ordinary resolution at the EGM and have abstained from voting on such resolution at the EGM. The total number of votes of 65,035,987 at the EGM in favour of the ordinary resolution, represents approximately 15.39% of the existing total issued share capital of CCT Telecom and approximately 19.93% of the total number of CCT Telecom Shares entitled to vote at the EGM. None of the CCT Telecom Shareholders present in person, by proxy or by corporate representative (as the case may be) voted against the ordinary resolution at the EGM. The branch share registrar and transfer office of CCT Telecom in Hong Kong, Tengis Limited, was appointed as the scrutineer of the vote-taking at the EGM. CCT Telecom will make further announcements when conditions (b), (c), (d) and (e) have also been fulfilled or waived (as the case may be) and the Offers have become unconditional in all respects. Pursuant to Rule 15.3 of the Takeovers Code, where the Offers have become or are declared unconditional in all respects, they should remain open for acceptance for not less than 14 days thereafter. As defined in the Composite Offer Document, the Closing Date means the First Closing Date of the Offers, namely 21 April 2005, or any subsequent closing date(s) as may be determined and announced by the Offeror with the consent of the Executive. The CCT Telecom Shareholders, the CCT Tech Shareholders and investors of CCT Telecom and CCT Tech should exercise caution when dealing in the CCT Telecom Shares and the CCT Tech Shares. 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, 18 April 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.