omniture

Hutchison Telecom Announces Formation of Independent Board Committee and Appointment of Independent Financial Adviser

Hutchison Telecommunications International Limited
2010-01-15 13:37 1531

HONG KONG, Jan. 15 /PRNewswire-Asia-FirstCall/ -- Hutchison Telecommunications International Limited ("Hutchison Telecom" or the "Company"; SEHK: 2332, NYSE: HTX) today announced that its board of directors has established an independent board committee (the "Independent Board Committee") comprising Mr Kwan Kai Cheong and Mr Kevin Westley, both independent non-executive directors of Hutchison Telecom, and has, with the approval of the Independent Board Committee, appointed Somerley Limited as the independent financial adviser to advise the Independent Board Committee, in connection with the Company's privatisation proposal and for the purposes prescribed by the Hong Kong Takeovers Code.

About Hutchison Telecommunications International Limited

Hutchison Telecommunications International Limited ('Hutchison Telecom' or 'the Group') is a leading provider of telecommunications services. The Group currently offers mobile telecommunications services in Indonesia, Vietnam, Sri Lanka and Thailand, operating brands "Hutch", "3" and "Vietnamobile".

Hutchison Telecom is a listed company with American Depositary Shares quoted on the New York Stock Exchange under the ticker HTX and shares listed on the Stock Exchange of Hong Kong under the stock code 2332. A member of the Hong Kong-based Hutchison Whampoa Group, Hutchison Telecom is committed to providing superior telecommunications services in dynamic markets. For more information about Hutchison Telecom, see http://www.htil.com .

For enquiries, please contact:

Ada Yeung

Corporate Communications

Hutchison Telecom

Tel: +852-2128-3106

Mobile: +852-6347-0619

Email: adayeung@htil.com.hk

Nicky Lee

Investor Relations

Hutchison Telecom

Tel: +852-2128-3163

Email: nickylee@htil.com.hk

Source: Hutchison Telecommunications International Limited
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