IPO Profile

Hutchison Telecommunications
18/F, Two Harbourfront 22 Tak Fung Street Hunghom, Kowloon Hong Kong
Tel: 852-2128-3222
Web:
Ticker: HTX
Stock Exchange: New York Stock Exchange
Shares Issued: 69,300,000.00
Price Offered: $11.67
Amount Raised: $80,873,100.00

Underwriters:
Goldman Sachs & Co.
ABN AMRO
Citigroup Global Markets
HSBC
J.P. Morgan

Company Description:
We are a leading international provider of mobile and fixed-line telecommunications services with operations in eight countries and territories. We currently operate mobile telecommunications networks in Hong Kong, India, Israel, Sri Lanka, Paraguay, Ghana and Macau. We also own interests in companies that provide marketing and network services for a mobile telecommunications network in Thailand. In Hong Kong, we operate various digital mobile networks including a third-generation, or 3G, network. We also provide fixed-line telecommunications services to corporate and retail customers in Hong Kong. In 2003, we had a total turnover of HK$10,104 million and a net loss of HK$214 million, and for the six months ended on June 30, 2004, we had a total turnover of HK$6,891 million and a net profit of HK$773 million.