09:40 HUTCH TELECOM<02332> & HGC HOLDINGS<00757>-Ann. & Resumed-17 20% of the issued share capital of Hutchison 3G UK Holdings Limited "Listing Rules" the Rules Governing the Listing of Securities on the Stock Exchange "Option" an option to subscribe for HGCH Shares pursuant to the HGCH Share Option Scheme "Outstanding HGCH 112,900,000 Options granted pursuant to the HGCH Share Option Scheme and outstanding Share Options" as at the Announcement Date "PRC" the People's Republic of China "Proposal" the proposal for privatisation of HGCH by HTIL by way of the Scheme "Record Date" record date for determining entitlements under the Scheme "Relevant Authorities" appropriate governments and/or governmental bodies, regulatory bodies, courts or institutions "Scheme" a scheme of arrangement under Section 99 of the Companies Act involving the cancellation of all the Scheme Shares "Scheme Document" the document to be despatched to the HGCH Shareholders containing details of the Scheme "Scheme Share(s)" HGCH Share(s) held by the Scheme Shareholders "Scheme Shareholder(s)" HGCH Shareholder(s) whose name(s) appear on HGCH's register of shareholders on the Record Date other than the HTIL Group "SFO" the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) "Share Alternative" the share alternative under the Proposal, being 2 HTIL Shares for every 21 HGCH Shares "Stock Exchange" The Stock Exchange of Hong Kong Limited "subsidiary" has the meaning ascribed to it under the Listing Rules "Takeovers Code" the Code on Takeovers and Mergers "HK$" Hong Kong dollars, the lawful currency of Hong Kong "GBP" the lawful currency of Great Britain for the time being "%" per cent. By Order of the Board By Order of the Board Hutchison Telecommunications International Limited Hutchison Global Communications Holdings Limited Edith Shih Edith Shih Company Secretary Company Secretary Hong Kong, 3 May 2005 The HTIL Directors jointly and severally accept full responsibility for the accuracy of the information contained 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