PRESS RELEASE

Hong Kong, 5th May, 2003 - Hutchison Global Communications ("HGC") and PowerCom Network Hong Kong Limited ("PowerCom") today jointly announced the exclusive introduction of Yes TV Plus to their broadband service customers. Yes TV Plus is a multi-media platform which provides sports, news and music entertainment TV programmes on personal computers. Yes TV Plus is provided by Yes Television, a leading broadband solutions provider which has launched their Pay TV platform in Hong Kong.

Exclusively available at www.net-yan.com, the service initially offers three channels - Channel NewsAsia, The Soundtrack Channel and highly popular MUTV (Manchester United Television) which is broadcast for the first time in Hong Kong via Yes TV Plus. Both Channel NewsAsia and The Soundtrack Channel are free while MUTV is available at a monthly subscription of $15. More programmes will be added later this year.

Steve Lam, Sales & Marketing Director of HGC said, "Bringing the exclusive Yes TV Plus programmes to Hong Kong further realizes our commitments to ever enriching our value added services for residential broadband customers. With the Ethernet symmetrical broadband access based on our state-of-the-art optical fibre network, I trust our customers will enjoy unparalleled seamless broadcast of TV programmes on their personal computers."

"HGC is proud to be named as one of the best broadband service providers by various publications including Choice Magazine and Next Magazine recently. We will live up to the recognitions and compliments by introducing more exciting value added services to our customers," continued Lam.

Gerald Ma, Director and Chief Executive Officer of PowerCom said, "After the innovative introduction of "HGC-PowerCom" broadband services via powerline technology, PowerCom is glad to be the first provider to bring Yes TV Plus to Hong Kong. The around-the-clock broadcast programmes featuring news, music, sports and later on-line games and entertainment will allow our customers to experience the real fun of Internet surfing."

The golden goal by (from left) Lanny Huang, President of Yes TV HK, Steve Lam, Sales & Marketing Director of HGC and Au Wai Lun, Forward of South China Football Team signifies the formal launch of the three exciting channels of Yes TV Plus.

Lanny Huang, President of Yes Television Hong Kong, said, "We are delighted to partner with HGC and PowerCom to provide a wide variety of exciting programmes and the latest technology to HGC and PowerCom residential broadband users. We are confident that our users will enjoy the top quality programmes we bring to them over their broadband link. Working together with industry leaders, we have deployed a comprehensive solution to offer interactive TV on their network and turn the web into an entertainment service for broadband PC users."

Subscribers will be using the latest Windows Media 9 Series to view programmes. This offers high quality video, sound and content security, making best use of today's broadband network capacity.

Channel NewsAsia is a regional broadcast channel that brings viewers up-to-the minute news on topics ranging from politics, finance, business, and technology to lifestyle and entertainment. - Channel NewsAsia is owned and managed by MediaCorp News Pte Ltd, a news arm of Media Corporation of Singapore (MediaCorp).

The Soundtrack Channel is a new channel for cable and satellite featuring the hottest music of the movies and television, bringing viewers up close and personal with the celebrities, behind the movie making process, and the latest movie news from Hollywood.

MUTV is the official TV channel of Manchester United Football Club. All MU matches are broadcast in full on a delay. It also covers the latest news on the MU team and exclusive interviews with the MU players.

(From left) Nigel Harper, CTO, Yes TV HK, Lanny Huang, President of Yes TV HK, David McConnell, Senior International Vice President, TWI Asia, Steve Lam, Sales & Marketing Director of HGC, Gerald Ma, Director and CEO of PowerCom and 2003 World Top Soccer (by IFFHS) Au Wai Lun, in Manchester United uniform.

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 unlimited scalability of its bandwidth capacity from its global submarine cable systems and direct link to China Telecom's network, HGC provides instant connectivity to cities in Asia, the US and Europe.

Riding on HGC's advanced fibre-optic technology, its customers enjoy its leading-edge services such as Ethernet symmetrical broadband access, corporate data transmission solutions, International Private Leased Circuit 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 PowerCom

PowerCom Network Hong Kong Limited ("PowerCom"), is a member of Cheung Kong Group. Through the collaboration with Hutchison Global Communications Limited, the two partners have jointly offered "HGC-PowerCom" Internet access services to residential homes and hotels in Hong Kong.

PowerCom is the first operator to make use of existing electrical cables within buildings to transmit high-speed data and users can enjoy Internet access simply by plugging a PowerCom modem to the power sockets at home or in hotel rooms. The biggest benefit is that users can hook up the services within minutes without any additional wiring work.

PowerCom also endeavours to work with HongKong Electric Holdings Limited and its new shareholder, CLP Telecommunications Limited, on various operational aspects with the vision to provide Internet access services that will become one of the most powerful and convenient access services in the mass consumer market of Hong Kong.

About Yes Television

Yes Television provides wholesale solutions and products to operators who wish to deploy interactive broadband services. The company is structured as two client-facing divisions:

Yes Technology is the division of the company that supplies scalable, adaptable and operationally efficient software products which are supported by associated professional integration services. We offer flexible interactive TV and PC service software platform combined with a set of management tools that facilitate the easy day to day management of content and associated data.

Yes Media is the content solutions division, providing world-leading content licensing and management solutions to broadband operators, content owners and broadcasters. Yes Media offers a one-stop shop focused on acquisition and distribution of programming, development of broadband services and digital encoding and secure management of content.

Yes Television supplies the video on demand solution in the UK to Kingston Interactive Television's service, delivered over ADSL. It has launched its commercial trial in Hong Kong and it has been selected by Fine TV to support the launch of a unique range of advanced interactive TV services in Malaysia. Details: www.yes.tv

Yes Television recently launched Yes TV Plus which is a multi-media platform. This provides sports, news and music entertainment programmes to personal computers. Today, the service is offered exclusively to Hutchison Global Communications and PowerCom broadband subscribers.

Enquiries:

Yes Television Asia
Gilda Chung
Tel: 2811-3898
Fax: 2543-4415
Mobile: 9050-7980
Email: gilda.chung@apex-pr.com

Hutchison Global Communications
Agnes Chan
Tel : 2128 6708
Fax : 2187 2055
Email : pr@hgc.com.hk

PowerCom
Winnie Cheong
Tel : 2122 2150
Fax : 2128 8309