09:39 HUTCH TELECOM<02332> - Announcement (2) Shareholders so as to enable the discloseable transaction circular to incorporate or make reference to information in the Scheme Document and to ensure consistency of information to be contained in the two documents, an application has been made to the Stock Exchange for an extension of time for the despatch of the discloseable transaction circular to the HTIL Shareholders until the time limit for despatch of the Scheme Document under the Takeovers Code. The time limit for despatch of the Scheme Document under the Takeovers Code is currently 7 June 2005. That time limit may be extended in accordance with the Takeovers Code. GENERAL Shareholders and/or potential investors in HGCH and HTIL should be aware that the making of the Proposal and the implementation of the Proposal are subject to the conditions set out in the Announcement being fulfilled or waived, as applicable, and thus the Proposal may or may not become effective. They are advised to exercise caution when dealing in the HGCH Shares and the HTIL securities. HTIL DIRECTORS As at the date of this announcement, the HTIL Directors are: Mr. Dennis Pok Man LUI, Mr. Tim PENNINGTON, Mr. CHAN Ting Yu and Mr. WOO Chiu Man, Cliff (HTIL Executive Directors); Mr. FOK Kin-ning, Canning (Chairman), Mrs. CHOW WOO Mo Fong, Susan and Mr. Frank John SIXT (HTIL Non-Executive Directors); and Mr. KWAN Kai Cheong, Mr. John W. STANTON and Mr. Kevin WESTLEY (HTIL Independent Non-Executive Directors). By Order of the Board Edith Shih Company Secretary Hong Kong, 25 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 announcement, the omission of which would make any statement in this announcement misleading.