10:44 CCT TELECOM<00138> & CCT TECH INT'L<00261> - J. Ann. (6) Subtotal owned by the Offeror, CCT Telecom and parties acting in concert with them 5,500,000,000 34.51 13,141,710,244 82.45 13,407,179,696 84.12 61,835,751,124 96.07 Kwong Cheong Trading Limited (Note 2) 2,000,000,000 12.55 0 0 0 0 0 0 Public shareholders 8,438,422,562 52.94 2,796,712,318 17.55 2,531,242,866 15.88 2,531,242,866 3.93 Total 15,938,422,562 100.00 15,938,422,562 100.00 15,938,422,562 100.00 64,366,993,990 100.00 Notes: 1. So long the Company maintains its listing status, the Company will maintain its public float of at least 25% and the shareholdings in column (iv) is set out for information only. 2. Other than its holding of 2,000,000,000 CCT Tech Shares in CCT Tech, Kwong Cheong Trading Limited is independent of, and not connected or acting in concert with CCT Telecom or its connected persons (as defined in the Listing Rules). PUBLIC FLOAT Upon completion of the transfers of legal titles to the Offeror in respect of 7,907,179,696 CCT Tech Shares accepted under the Offers, the Offeror, CCT Telecom and parties acting in concert with them will be interested in an aggregate of 13,407,179,696 CCT Tech Shares, representing approximately 84.12% of the issued share capital of CCT Tech and only approximately 15.88% interest in CCT Tech will be held by the public. As the legal titles of 7,617,603,244 CCT Tech Shares under the valid acceptances of the Offers have been transferred to the Offeror and the public float of CCT Tech has therefore fallen below 25% on 25 April 2005, the Offeror, CCT Telecom and CCT Tech have applied a waiver from strict compliance with Rule 8.08 of the Listing Rules for one month period from 25 April 2005. The Stock Exchange has granted a waiver to CCT Tech from strict compliance with Rule 8.08 of the Listing Rules on the 25% minimum public float requirement during the period from 25 April 2005 to 24 May 2005. CCT Telecom and the Offeror will use their respective reasonable endeavours to maintain the listing of the CCT Tech Shares on the main board of the Stock Exchange and will undertake to the Stock Exchange to use their respective reasonable endeavours to ensure that not less than 25% of the CCT Tech Shares will be held by the public by various means, including but not limited to placement of the existing CCT Tech Shares or issue of new CCT Tech Shares as soon as possible in compliance with the Listing Rules. Further announcement will be made as and when necessary. 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, 6 May 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.