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Hutchison Global Communications shareholders approve Hutchison Telecom's privatization proposal

June 30, 2005

1 Min Read

HONG KONG -- Hutchison Telecommunications International Limited ("Hutchison Telecom"; SEHK: 2332, NYSE: HTX) and Hutchison Global Communications Holdings Limited ("HGCH"; SEHK: 757) jointly announced today that independent shareholders of HGCH have approved a proposal by Hutchison Telecom to take HGCH private. The effectiveness of the proposal is subject to fulfilment of conditions including obtaining sanction of the Bermuda court.

Mr Dennis Lui, Chief Executive Officer of Hutchison Telecom, said: "We are delighted to have the support of HGCH independent shareholders for this offer."

Hutchison Global Communications Ltd. (HGC)

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