Hong Kong and Russia, 2 February 2005 - Hutchison Global Communications Limited ("HGC") and Company TransTeleCom Ltd. ("TTC") of Russia have reached a partnership agreement to jointly roll out international data services. The services will be provided via a highly reliable and speedy trans-Europe-Asia land cable platform.

Established in 1997, TTC is Russia's leading national carrier, operating the country's largest fibre optic communications network. HGC also owns the largest fibre-to-the-building network in Hong Kong. HGC is the first Hong Kong fixed telecommunications network services operator ("FTNS") to have forged tie of the same kind with TTC.

The joint provision of connectivity will be routed via the Europe-Russia-Mongolia-China ("ERMC") cable system managed by TTC and other leading carriers. This intra-continental route is currently the shortest land telecommunications route bridging Europe and Asia. The latency performance level of this land route is 30%-60% higher than other alternative submarine routings.

Both companies position the joint service as a premium product in their portfolios. The new connectivity offers bandwidths ranging from n x 64 Kbps to STM-1. This will be an ideal solution to meet the growing demand of middle-to-large enterprises who need high-speed, seamless and highly reliable business communications with geographically dispersed offices, business partners and customers spanning from Asia to Europe. Under this agreement, either company's customers can enjoy hassle-free one-stop-shop services, in addition to round-the-clock network monitoring and management.

"Economic cooperation between European and Asian countries is booming. Therefore, the market demands rapid telecommunications development. TTC is pleased to offer new range of telecom services of high potential for both Europe and Asia. We hope that our mutual cooperation with HGC will continuously grow", stated Andrew Semin-Vadov, Senior Vice President, Head of the Commercial Policies Department.

Andrew Kwok, Vice President - International Business at HGC, said, "We are proud to be the first FTNS in Hong Kong to have entered into an agreement on trans-Europe-Asia data services with TTC. This cooperation has further extended our geographical footprint and scope of services to Europe. This also enables HGC to make use of an additional alternative gateway to cater for customers' communications needs between Asia and Europe. The joint cooperation has further boosted HGC's position in the regional telecommunications market."

HGC has by far established seven overseas offices in Malaysia, the Philippines, Singapore, South Korea, Taiwan, Thailand and the US, and three representative offices in Mainland China - Beijing, Shanghai and Shenzhen. In addition, HGC has established connections with over 70 partners located in different parts of the globe. HGC is incessantly expanding its coverage on a worldwide basis. The solid business foundation enables HGC to well serve customers of all tiers, ranging from network carriers and multi-national corporations to small and medium enterprises.

About Company TransTeleCom Ltd

Company TransTeleCom Ltd. was established in 1997. Its stockholder is the "Russian Railways" Corp. which holds 100% of its chartered capital. TransTeleCom is the biggest operator of fiber optic communication network in Russia with length of more than 45,000 km. This network was installed along the railways of the country, has 900 links in 71 out of 89 regions of Russia and connects two continents - Europe and Asia.

Today TransTeleCom is a leading national operator of communications. One of the important principles of its work is comprehensive approach to provision of services. TransTeleCom has a wide range of licenses in the communication sector and implements the most advanced telecom solutions. TransTeleCom works actively on both operators' and corporate markets. As of today, the company has implemented big telecom projects for industrial and commercial structures, major financial and insurance companies, as well as for public organisations.

In 2004 TransTeleCom started the network upgrading based on the DWDM technology. It will significantly enhance quality and expand range of telecommunication and information services (including that for Russian Railways), and reduce costs. www.transtk.ru

About Hutchison Global Communications Limited

Hutchison Global Communications Limited (HGC) owns the largest fibre-to-the-building telecommunications network in Hong Kong.

Since its establishment in 1995, it has been fully committed to building its own network infrastructure. With the scalability of its global bandwidth capacities and direct links to networks in Mainland China, HGC provides instant connectivity around the world, including Asia, North America and Europe.

Riding on HGC's advanced fibre-optic technology, customers enjoy 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 establishing a strategic foothold in the global marketplace.

HGC is a subsidiary of Hutchison Global Communications Holdings Limited (HGCH). HGCH in turn is a member of the Hutchison Telecommunications International group (Hutchison Telecom) of companies. Hutchison Telecom is a leading telecommunications operator listed on the New York and Hong Kong stock exchanges.

A subsidiary of the multinational conglomerate Hutchison Whampoa, Hutchison Telecom is dedicated to providing superior telecommunications services globally in markets with high growth potential. For more information about HGC, please visit www.hgc.com.hk

The map shows TransTeleCom's fibre optic network, which is the largest one in Russia. The blue line illustrates the land cable route that the partnership of HGC and TTC will jointly leverage when providing the Trans-Europe-Asia data services. This cooperation provides HGC an alternative gateway, and further extends its footprint to Europe.

Mikhail Polyansev (right), TTC's Vice President on collaboration with foreign operators, pictures with Andrew Kwok, HGC's Vice President - International Business after the signing of the partnership agreement.

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