09:29     HUTCHISON<00013> - Announcement (2)                                 

    Company's internal resources.                                             
                                                                              
    The Company's present intention is to hold any additional HTIL            
    Shares so acquired as a long term investment.                             
                                                                              
    GENERAL                                                                   
                                                                              
    The Group operates and invests in five core businesses: ports             
    and related services; property and hotels; retail and                     
    manufacturing; energy and infrastructure, finance and                     
    investments; and telecommunications.                                      
                                                                              
    DoCoMo is a connected person of the Company by virtue of being            
    (i) a substantial shareholder of 3G UK HoldCo, currently an               
    indirect non wholly owned subsidiary of the Company, prior to             
    completion of the DoCoMo Acquisition; and (ii) a 24.1%                    
    shareholder of HTCL and H3GHK, both of which are indirect non             
    wholly owned subsidiaries of the Company.                                 
                                                                              
    For the financial year ended 31 December 2004, HTIL's audited             
    profit before taxation was HK$805 million and audited net profit          
    after taxation and extraordinary items was HK$316 million. The            
    audited net asset value of HTIL as at 31 December 2004 was                
    HK$14,287 million.                                                        
                                                                              
    As at the date of this announcement, the Directors are:                   
                                                                              
    Executive Directors:    Non-executive Directors:                          
    Mr. LI Ka-shing (Chairman)      Mr. William SHURNIAK                      
    Mr. LI Tzar Kuoi, Victor (Deputy Chairman)                                
    Mr. FOK Kin-ning, Canning       Independent Non-executive                 
    Directors:                                                                
    Mrs. CHOW WOO Mo Fong, Susan    Mr. Michael David KADOORIE                
    Mr. Frank John SIXT     Mr. Holger KLUGE                                  
    Mr. LAI Kai Ming, Dominic       Mr. William Elkin MOCATTA                 
    Mr. George Colin MAGNUS   (Alternate to Mr. Michael David                 
    Kadoorie)                                                                 
    Mr. KAM Hing Lam        Mr. Simon MURRAY                                  
                            Mr. OR Ching Fai, Raymond                         
                            Mr. WONG Chung Hin                                
                                                                              
    DEFINITIONS                                                               
                                                                              
    In this announcement, the following expressions have the                  
    meanings set out below unless the context requires otherwise:             
                                                                              
    "Announcement"  the Company's announcement dated 9 May 2005 on,           
    amongst others, the DoCoMo's Option                                       
                                                                              
    "Executive"     the Executive Director of the Corporate Finance           
    Division of the Securities and Futures Commission or any delegate         
    for the time being of the Executive Director                              
                                                                              
    For the purpose of this announcement and for reference purpose            
    only, an exchange rate of HK$7.80 to US$1.00 is adopted.                  
                                                                              
    By Order of the Board                                                     
                                                                              
    Edith Shih                                                                
    Company Secretary                                                         
                                                                              
    Hong Kong, 24 May 2005