(Hong Kong - 16 August 2000) Hutchison Whampoa Limited ("the Company") announces that Mr Richard Li will resign from his positions as Deputy Chairman and Executive Director of the Company with immediate effect.

The Board of the Company wishes to take this opportunity to express its gratitute and appreciation to Mr Li for his substantial and invaluable contributions to the Company during his tenure.

For media enquiries, please contact:
Laura Cheung         Tel: (852) 2128 1289
Hutchison Whampoa Limited