09:39 HUTCH TELECOM<02332> - Announcement (1) The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, makes no representation as to its accuracy 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. In particular, this announcement is not an offer of securities for sale in Hong Kong, the United States, or elsewhere. Securities may not be offered or sold in the United States absent registration or an exemption from registration. The ordinary shares of Hutchison Telecommunications International Limited have not been, and will not be, registered with the U.S. Securities and Exchange Commission, and securities may not be offered or sold in the United States absent registration or exemption from registration. Hutchison Telecommunications International Limited (incorporated in the Cayman Islands with limited liability) (Stock Code: 2332) PROPOSED PRIVATISATION OF HUTCHISON GLOBAL COMMUNICATIONS HOLDINGS LIMITED BY HUTCHISON TELECOMMUNICATIONS INTERNATIONAL LIMITED BY WAY OF A SCHEME OF ARRANGEMENT UNDER SECTION 99 OF THE COMPANIES ACT AT THE CANCELLATION CONSIDERATION OF 2 HTIL SHARES FOR EVERY 21 SCHEME SHARES OR CASH OF HK$0.65 PER SCHEME SHARE POSTPONEMENT IN DESPATCH OF THE CIRCULAR OF HUTCHISON TELECOMMUNICATIONS INTERNATIONAL LIMITED Pursuant to Rule 14.38 of the Listing Rules, HTIL is required to send the discloseable transaction circular to the HTIL Shareholders within 21 days after publication of the Announcement. HTIL has made an application to the Stock Exchange for an extension of time for the despatch of the discloseable transaction circular in order that such circular and the Scheme Document could be despatched on the same day. Reference is made to the joint announcement dated 3 May 2005 (the "Announcement") made by Hutchison Telecommunications International Limited and Hutchison Global Communications Holdings Limited regarding a proposed privatisation of HGCH by way of a scheme of arrangement under Section 99 of the Companies Act involving the cancellation of all the Scheme Shares. Terms defined in the Announcement shall have the same meanings when used in this announcement unless the context requires otherwise. As disclosed in the Announcement, the Proposal, if made, constitutes a discloseable transaction for HTIL under the Listing Rules. Pursuant to Rule 14.38 of the Listing Rules, HTIL is required to send the discloseable transaction circular to the HTIL Shareholders within 21 days after publication of the Announcement. On the other hand, pursuant to Rule 8.2 of the Takeovers Code, the Scheme Document is required to be despatched to the HGCH Shareholders within 35 days of the date of the Announcement. As HTIL intends to despatch the discloseable transaction circular to the HTIL Shareholders on or about the same day as the Scheme Document is despatched to the HGCH