December 4, 2003 – Hong Kong - CK Communications Limited ("CK Communications"), a subsidiary of Cheung Kong (Holdings) Limited, and Hutchison Global Communications ("HGC") today jointly announced with Hutchison Telecommunications (Hong Kong) Limited details of the service packages and a series of special Christmas offers for "Vfone", the most advanced and innovative broadband based on-premise video phone introduced to the Hong Kong market earlier. With a fixed monthly fee, "Vfone" customers can make unlimited video phone calls with their relatives and business partners overseas, with no additional charges for either party. The user-friendly features together with the attractive service plan, a revolutionary breakaway from the traditional IDD service charge, further support "Vfone" to realise its objective – "Easy to use, Economical, Call anytime – Free IDD calls".

"Vfone" is now available at selected Orange shops located in Central, Yaumatei and Kwun Tong. Details of the super Christmas offer and service packages are as follows:

"Buddies Monthly Plan"
"Vfone" customers can make unlimited video phone calls with another local or overseas "Vfone" customer at a monthly fee of only HK$48* for each "V-fone".

"Super Monthly Plan"
At a monthly service fee of HK$68* for each "Vfone", customer located anywhere in the world not only can make unlimited video phone calls to another "Vfone" user, but also make unlimited voice calls to any fixed line or mobile user in Hong Kong.

"Super-duper Vfone Price"
By presenting the coupon which is attached to Vfone's promotional leaflet on or before 21 January 2004, customers are entitled to enjoy HK$500 off the original "Vfone" price at HK$2,880 when purchasing "Vfone" at designated Orange shops or via "Vfone" sales hotline.

"Let's talk in person …" Writing Competition
From now until 31st December, 2003, customers who have purchased "Vfone" will have the chance to win a single round trip air ticket to see their overseas loved ones in person! Simply write an essay of 100 to 150 words expressing feelings towards the loved ones abroad and send it to HGC to enter the competition. Customers who write the 100 most moving letters will win the competition.

"Vfone Express"
A special way to celebrate the upcoming Christmas and New Year: From now until 20th December, 2003, the first 500 customers who purchase two sets or more "Vfones", will receive a complimentary courier service delivering one of the "Vfones" to their friends or relatives overseas, putting a face to the call during this festive season!

"Refer-a-friend" Plan
From now until 21st January, 2004, introduce a friend to become a "Vfone" customer - both the referee and new customer will enjoy special offers from HGC: either residential broadband service free for one month or residential telephone line** service free for two months. Act now and share the joy of talking face-to-face with as many of your friends and relatives overseas.

Gerald Ma, Director of CK Communications said, "'Vfone' is a dual-edge revolution in the telecommunications industry in Hong Kong. On the technology front, 'Vfone' not only breaks the boundaries of IP network, fixed line network and mobile network, it integrates video, audio and data communications into one. It is also economically appealing in that 'Vfone' users can stay in contact with their overseas families or business partners efficiently at a fixed monthly tariff. All in all, our tagline of 'Easy to use, Economical, Call anytime – Free IDD calls' best describes the advantages of' 'Vfone'. The product also exemplifies CK Communications' mission of offering user-friendly and cost-effective communications solutions to customers."

"HGC always endeavours to provide the latest and most advanced communications services to customers. The launch of 'Vfone' will further expand our customer base. With our quality and scalable network, coupled with the cutting-edge technology provided by CK Communications, we are confident that 'Vfone' will bring a new mode of video and voice communications experience to customers," said Steve Lam, Sales and Marketing Director of HGC.

"The telecommunications industry is moving towards a convergence of voice, data and video communications. 'Vfone' is a state-of-the-art product that depicts this trend. Hutchison Telecommunications is pleased to be the sales partner of 'Vfone' and to promote this revolutionary device to customers," said Eden Lau, Director of Marketing, Hutchison Telecommunications (Hong Kong) Limited.

"Vfone" operates on both HGC Broadband and HGC-PowerCom Broadband networks, as well as almost all other broadband network providers. Customers could make "Vfone" calls without compromising other concurrent broadband activities#. "Vfone" 24-hour service hotline: 3168 2828.

* 15-month service contract applies.
** Only applicable to service areas within the HGC network.

#
xDSL with PPPoE log-in broadband users are required to upgrade their broadband service plan to one with multiple log-in if they wish to use broadband service and "Vfone" service concurrently. Similarly, cable modem broadband users are required to upgrade their broadband service plan to one with multiple IP addresses if they wish to use broadband service and "Vfone" service concurrently

About CK Communications:
Founded in 2000, CK Communications Limited, a subsidiary of Cheung Kong (Holdings) Limited, specializes in research and development with an aim of leveraging and enhancing the latest communications technologies for new product applications. The company’s particular focus lies in the commercialization of technical products and solutions to bring new dimensions to communications. Through the collaboration of partnership with innovative technology players or carriers within and beyond the Cheung Kong Group, CK Communications provides convergence of need-driven, user-friendly and cost-effective communications solutions into everyday life. In addition to "Vfone", CK Communications’ team members also participated in the development of PowerCom and Net Infinity Data Centre.

About Hutchison Global Communications:
Hutchison Global Communications (HGC), a wholly owned subsidiary of the Hutchison Whampoa Group, owns and operates the largest full fibre-optic network in Hong Kong. Together with the scalability of its bandwidth capacity from its global submarine cable systems and direct link to mainland China networks, HGC provides instant connectivity to major cities in Asia, North America and Europe.

Riding on HGC's advanced fibre-optic technology, customers enjoy its leading-edge services such as Ethernet symmetrical broadband access, corporate data transmission solutions, International Private Leased Circuit Services, Internet Protocol Transit Services, as well as quality local and overseas call services. Building on its leading presence in Hong Kong, HGC is also planning to gain a further strategic foothold in the global marketplace. For more details, please visit www.hgc.com.hk

About Hutchison Telecommunications (Hong Kong) Limited:
Hutchison Telecommunications (Hong Kong) Limited ("HTHK"), a wholly-owned subsidiary of Hutchison Whampoa Limited ("HWL"), is responsible for managing HWL’s operations of mobile services, telecom retail services and call centre services in Hong Kong and Macau, as well as mobile communications consultancy services in Mainland China, under the trading name of “Hutchison Telecom”.

HTHK, being a member of the Hutchison Telecommunications Group, is currently the largest mobile operator in Hong Kong. Since 1983, the group has always been a pioneer in the development of mobile communications in Hong Kong during its past 20 years of operations, deploying multiple mobile technologies, including 1G AMPS/TACS, 2G GSM/CDMA/PCS, and 2.5G GPRS/IS95B mobile communications in Hong Kong. Hutchison 3G HK will be the first operator in Hong Kong to roll out world-class 3G service under "3" brand, leading its technical and service excellence into the 3G era.

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