2016 : 6823

1 2 3 5 10 19 20 21 23 25 26 41 42 43 44 45 46 49 55

18,600 6823 2016 1

2016 4KNow One CSL Holdings Limited CSL CSL 2016 8 10 2 2016

2016 2016 Telecom Asia Awards CSL Building for Tomorrow, Today OTT over-the-top 4KUHDall-in-one Now TV DTTOTTNow One Now One 1Gbps Smart Living CSL CSL CSL CSL HKT Payment Limited 2016 Wi-Fi Social Wi-Fi Wi-Fi Wi-Fi 2016 2016 3

PCCW Global 3 PCCW Global MEF 100G CE 2.0PCCW Global MEF PCCW Global 2014 PCCW Global Asia Africa Europe-1 AAE-1 2016 8 10 CSLcsl 1O1O 4 2016

2016 5 49 2011 11 1999 8 2011 11 65 2011 11 1999 82011 11 2007 4 2011 11 2002 62007 4 2011 11 1998 19971998 19931997 1972 1973 1977 1978 2001

51 2011 11 2007 4 2010 5 2006 9 2007 4 2009 72011 11 1999 9 Cable & Wireless HKT Limited 61 2011 11 1999 82011 11 1976 1980 Occidental International Oil Incorporated1983 Schlumberger Limited 1989 Vestey Group 1992Boustead Singapore Limited 1995 Morgan Grenfell Investment Management (Asia) Limited 1997 55 2011 11 2010 5 2011 11 1996 11 2010 5 1999 3 1983 University College 2004 2001 3 9 2008 5 31 52 2011 11 2008 5 2011 11 6 2016

2016 7 2007 12 1992 2001 2005 1985 53 2011 11 2007 7 2009 22011 3 2007 1 2005 9 2006 122008 3 2005 10 2003 102005 8 2001 11 2003 10 2004 1988 55 2014 8 2014 7 IIMA 15Infosys Infosys Limited Infosys Lodestone Infosys 14 EBA

FREng, GBS, JP 76 2011 11 2000 102011 11 2007 9 2008 2 19962007 1994 1996 19901994 1985 1990 1999 7 2002 7 Sunil VARMA Varma 72 2011 11 Varma 40 Price Waterhouse Management Consultants IBM Consulting Group 1994 Price Waterhouse Price Waterhouse 1996 1998 VarmaIBM Consulting Group IBM Consulting Group 19992000Asia Online, Ltd. 2003HCL-Perot Systems Varma Varma International Asset Reconstruction Company Pvt. Ltd. Dr. Lal PathLabs LimitedVarma Shriram EPC Ltd. Vistaar Livelihood Finance Pvt. Ltd. Shriram City Union Finance Ltd. Varma 1962 7 Panjab University 1966 8 Institute of Chartered Accountants of India1972 6 1975 9 Institute of Cost and Management Accountants of India 8 2016

69 2014 5 2004 2 2003 12 1946 1967 1985 1991 1998 1999 2003 12 Vedanta Resources plc Tata Consultancy Services Limited Godrej Consumer Products Limited Jet Airways (India) Limited Wockhardt Limited Max Financial Services Limited Max India Limited Cairn India Limited Emaar MGF Land Limited ING Groep N.V. Prudential Financial, Inc. 55 2015 5 2012 3 Good Harbour Finance Limited 1986 1988 Weatherite Manufacturing Limited 1992 2000 2016 9

163.88 EBITDA 58.65 23.17 30.63 20.51 27.09 27.09 2016 6 30 2016 6 30 163.88EBITDA 2015 58.65 EBITDA CSL Holdings LimitedCSL 23.172015 30.63 csl 1O1O 2016 6 3020.51 2015 6 27.092015 2015 7 2016 6 30 27.09 10 2016

2015 2015 2016 6 30 12 31 6 30 10,145 10,732 10,308 2% 6,044 8,273 6,335 5% 84 123 118 40% (299) (373) (373) (25)% 15,974 18,755 16,388 3% (6,544) (8,995) (6,973) (7)% 59% 52% 57% 65% 64% 64% (3,660) (3,430) (3,550) 3% EBITDA 1 3,654 3,853 3,681 1% 2,298 2,732 2,439 6% (182) (255) (255) (40)% EBITDA 1 5,770 6,330 5,865 2% EBITDA 1 36% 36% 36% EBITDA 1 38% 33% 39% EBITDA 1 36% 34% 36% (3,194) (3,008) (2,827) 11% 3 2 2 (33)% 33 (15) 9 (73)% (631) (679) (483) 23% (15) (10) (8) 47% 1,966 2,620 2,558 30% 2016 11

2015 2015 2016 6 30 12 31 6 30 EBITDA 1 5,770 6,330 5,865 2% (1,519) (1,808) (1,381) 9% 5 (1,304) (1,733) (1,472) (13)% 2,947 2,789 3,012 2% (75) (290) (81) (8)% (435) (467) (414) 5% (484) 108 (466) 4% 2 1,953 2,140 2,051 5% 3 2015 2015 2016 6 30 12 31 6 30 2,657 2,654 2,650 0% 0% 1,248 1,249 1,249 0% 0% 1,409 1,405 1,401 (1)% 0% 1,567 1,572 1,569 0% 0% 1,404 1,405 1,405 0% 0% 138 144 144 4% 0% Gbps 3,673 4,072 4,378 19% 8% IDD 356 319 283 (21)% (11)% 4,653 4,558 4,445 (4)% (2)% 3,147 3,127 3,106 (1)% (1)% 1,506 1,431 1,339 (11)% (6)% 12 2016

1 EBITDA EBITDA EBITDA 2 EBITDA 3 IDD 4 5 6 2016 6 30 2016 13

2015 2015 2016 6 30 12 31 6 30 1,690 1,785 1,688 0% 3,356 3,648 3,478 4% 3,869 3,544 3,612 (7)% 1,230 1,755 1,530 24% 10,145 10,732 10,308 2% (4,569) (4,903) (4,713) (3)% (1,922) (1,976) (1,914) 0% EBITDA 1 3,654 3,853 3,681 1% EBITDA 1 36% 36% 36% 2016 6 30 103.08EBITDA 36.81 EBITDA 2016 6 30 16.88 16.90 2016 6 265 2016 6 30 34.782016 FTTH 2016 6 FTTH 587,00050,000 Now One 4K all-in-one 2016 6 30 1Gbps 2016 6 30 36.12201535.44 201638.69 2015 2016 6 30 15.30 14 2016

2015 2015 2016 6 30 12 31 6 30 4,583 4,636 4,558 (1)% 1,461 3,637 1,777 22% 6,044 8,273 6,335 5% EBITDA 1 2,272 2,698 2,425 7% 26 34 14 (46)% EBITDA 1 2,298 2,732 2,439 6% EBITDA 1 38% 33% 39% EBITDA 1 50% 58% 53% 2016 6 30 63.35 2016 6 30 45.58 45.83 IDD over-the-topott IDD 2016 6ARPU 224228 2016 6 30 4,445,000 3,106,000 2016 17.77 14.61 20162015 EBITDA 24.39 EBITDA 24.25 EBITDA CSL 2016 15

Relish Networks plc Keycom plcrelish Networks plc2015 4 2016 6 30 1.18 8,400 2016 6 30 3.73 2.99 2016 6 30 69.73 2016 2016 6 30CSL 35.50 CSL CSL 2016 6 30 28.27 EBITDA 1 2016 6 30EBITDA 58.65 EBITDA 2016 6 30 6.31 4.83 2015 75 5.25 2016 25 4.25 2016 6 302.31 1.71 1,000 2015 6 301,700 2016 6 30 23.17 2015 6 3017.78 2016 6 30 63.75 16 2016

2016 6 30 4 368.86 2015 12 31368.492016 6 30 30.16 2015 12 31 37.682016 6 30 4 2015 12 31 2016 7 103.007.50 2016 7 31 271.8179.88 HONG KONG TELECOMMUNICATIONS (HKT) LIMITED 2016 6 30 Hong Kong Telecommunications (HKT) Limited Moody s Investors Service Standard & Poor s Ratings Services Baa2 BBB 2016 6 30 2016 6 30 2015 12 31 5 2016 6 30 14.88 2015 6 3013.13 2016 6 30 2015 6 30 2016 17

2015 2016 12 31 6 30 2,108 2,156 65 60 2,173 2,216 2016 6 3044 18,6002015 6 3017,500 EBITDA 2016 6 30 27.09 2011 11 7 27.09 (i) 3000 (ii) 18 2016

2016 6 30 2015 2016 3 15,974 16,388 (6,544) (6,973) (6,851) (6,375) 4 33 9 (631) (483) (14) (6) (1) (2) 3, 5 1,966 2,558 6 (171) (231) 1,795 2,327 1,778 2,317 17 10 1,795 2,327 8 23.50 30.63 8 23.49 30.62 2640 1 2016 19

2016 6 30 2015 2016 1,795 2,327 (21) 10 (34) (1) (126) 475 (47) (41) (228) 443 1,567 2,770 1,550 2,760 17 10 1,567 2,770 2640 1 20 2016

2016 6 30 2015 2016 12 31 6 30 16,674 17,509 265 259 49,817 49,809 9,314 8,745 67 140 554 687 7 82 11 3 102 231 330 630 716 77,570 78,382 4,462 4,819 598 706 9 3,422 3,706 73 88 14 10 10 25 3,768 3,016 12,347 12,370 11 3,879 2,329 10 2,194 2,053 4,900 5,035 452 467 72 79 353 649 2,066 2,123 862 1,056 14,778 13,791 2016 21

2016 6 30 2015 2016 12 31 6 30 32,436 34,085 443 35 2,552 2,607 1,079 977 627 582 267 317 37,404 38,603 37,735 38,358 12 8 8 37,608 38,245 37,616 38,253 119 105 37,735 38,358 2640 1 22 2016

2016 6 30 2015 2015 1 1 8 7,769 26,250 213 (347) 72 (3) 49 (45) 3,966 37,932 107 38,039 1,778 1,778 17 1,795 (21) (21) (21) (34) (34) (34) (126) (126) (126) (47) (47) (47) (21) (173) (34) 1,778 1,550 17 1,567 30 30 30 (51) (44) (95) (95) 7(b) (1) (1,763) (1,764) (1,764) (14) (14) (22) (44) (1,763) (1,829) (14) (1,843) 2015 6 30 8 7,769 26,250 192 (347) (101) (37) 27 (89) 3,981 37,653 110 37,763 2016 23

2016 6 30 2016 2016 1 1 8 7,769 26,250 104 (347) (268) (57) 42 (87) 4,202 37,616 119 37,735 2,317 2,317 10 2,327 10 10 10 (1) (1) (1) 475 475 475 (41) (41) (41) 10 434 (1) 2,317 2,760 10 2,770 18 18 18 (39) 41 (2) 7(b) (1) (2,140) (2,141) (2,141) (24) (24) (22) 41 (2,142) (2,123) (24) (2,147) 2016 6 30 8 7,769 26,250 114 (347) 166 (58) 20 (46) 4,377 38,253 105 38,358 2640 1 24 2016

2016 6 30 2015 2016 5,159 5,316 18 (253) (179) (3,115) (3,220) (3,368) (3,399) 7,809 7,617 (10,307) (10,259) (2,498) (2,642) (707) (725) (21) (27) 1 1 3,613 3,768 6 30 2,885 3,016 2,885 3,016 2,885 3,016 2640 1 2016 25

2016 6 30 1 2016 6 30 2016 6 30 2016 6 30 (a) (b) (c) 34 2015 12 31 2016 8 10 2410 26 2016

1 34 2015 12 31 2016 6 30 1.94 2016 6 30 1.94 2015 12 31 2016 1 1 2016 1 1 1 16 16 27 2011 28 2011 38 41 10 11 12 14 2014 10 2012-2014 2016 27

2016 6 30 2 2015 12 31 2016 6 30 27,905 28,046 27,905 28,046 5 6 7,400 7,296 25 25 7,430 7,327 29 27 91 114 1 4 121 145 35,214 35,228 12 8 8 12 35,206 35,220 35,214 35,228 3 Relish Networks plc Keycom plcrelish Networks plc 28 2016

3 EBITDAEBITDA 2015 6 30 9,846 6,044 84 15,974 299 (299) 10,145 6,044 84 (299) 15,974 EBITDA 3,654 2,298 (182) 5,770 2016 6 30 9,935 6,335 118 16,388 373 (373) 10,308 6,335 118 (373) 16,388 EBITDA 3,681 2,439 (255) 5,865 2016 29

2016 6 30 3 EBITDA 6 30 2015 2016 EBITDA 5,770 5,865 3 2 (3,194) (2,827) 33 9 (631) (483) (15) (8) 1,966 2,558 4 6 30 2015 2016 11 24 4 (2) 5 33 9 5 6 30 2015 2016 1,965 2,468 4,579 4,505 919 711 2,269 2,110 6 6 594 486 30 2016

6 6 30 2015 2016 266 247 1 28 (96) (44) 171 231 2015 7 a. 6 30 2015 2016 27.092015 25.79 1,953 2,051 2016 8 10 2016 12 31 27.09 b. 6 30 2015 2016 28.272015 23.30 1,764 2,141 (1) (1) 1,763 2,140 2016 31

2016 6 30 8 6 30 2015 2016 1,778 2,317 7,571,742,334 7,571,742,334 (7,049,915) (7,600,143) 7,564,692,419 7,564,142,191 5,380,714 3,872,536 7,570,073,133 7,568,014,727 9 2015 12 31 2016 6 30 1 30 2,079 2,655 31 60 579 371 61 90 211 163 91 120 167 106 120 554 610 3,590 3,905 (168) (199) 3,422 3,706 2016 6 30 2015 12 31 1,600 1,200 32 2016

9 30 10 2015 12 31 2016 6 30 1 30 1,410 1,139 31 60 95 122 61 90 79 119 91 120 96 73 120 514 600 2,194 2,053 2016 6 30 2015 12 31 8,100 6,100 11 2010 8 24 PCCW-HKT Capital No.4 Limited5 4.25 2016 HKT HKTGH Hong Kong Telecommunications (HKT) LimitedHKTL HKTGH HKTL 2016 2 2016 6 30 12 2016 33

2016 6 30 12 0.0005 20,000,000,000 10,000,000 0.0005 20,000,000,000 10,000,000 0.0005 2016 1 12016 6 30 7,571,742,334 3,785,871 0.0005 2016 1 12016 6 30 7,571,742,334 3,785,871 2016 6 30 2015 2015 1 1 35,113 67 35,180 1,777 1,777 (1,764) (1,764) 2015 6 30 35,113 80 35,193 2016 2016 1 1 35,113 93 35,206 2,155 2,155 (2,141) (2,141) 2016 6 30 35,113 107 35,220 34 2016

13 2016 6 30 2016 6 30 2015 1 1 7,393,665 5,978,109 4.99 9.92 1,600,000 9,326,000 (3,543,570) (5,707,168) (328) 2015 6 30 5,449,767 9,596,941 2016 1 1 5,449,041 9,596,941 (3,030,881)* (4,399,558)* 2016 6 30 2,418,160 5,197,383 2016 6 30 5.17 2015 5.35 10.892015 10.30 * 2016 6 301,473 1,302 2016 35

2016 6 30 14 2015 12 31 2016 6 30 635 698 20162015 6 30 14.88 13.13 15 2015 12 31 2016 6 30 2,108 2,156 65 60 2,173 2,216 36 2016

16 a. 6 30 2015 2016 42 40 82 53 15 17 130 143 7 7 290 461 861 965 72 71 14 1 (b) 47 43 b. 6 30 2015 2016 36 35 10 7 1 1 47 43 2016 37

2016 6 30 17 a. 2015 12 31 2015 12 31 b. 2015 12 31 2015 12 31 7 7 25 25 32 32 (443) (443) 2016 6 30 2016 6 30 5 5 77 77 13 13 102 102 18 102 77 197 (35) (35) 38 2016

17 b. 2016 6 30 7,700 2016 6 30 c. d. 2015 12 31 2016 6 30 2015 12 31 2016 6 30 3,879 3,890 2,329 2,329 32,436 32,600 34,085 34,760 2016 39

2016 6 30 18 2015 6 30 Keycom plc Relish Networks plc Relish 2015 6 30 Relish Networks plc 1,6601.96 Relish Networks plc 2016 6 30 2016 6 30 2016 6 30 1.28 Relish 19 2016 7 HKT Capital No. 4 Limited7.5 3.00 2026 HKTGH HKTL HKTGH HKTL 40 2016

2016 6 30 2015 2016 42 23 (2) (23) 2 40 3 40 46 48 2016 41

2016 6 30 2015 2016 40 40 46 48 42 2016

2016 6 30 2015 2016 12 31 6 30 174 197 174 197 127 150 47 47 174 197 4 46 48 2016 43

2016 6 30 2015 2015 1 1 (42) (42) 40 40 (2) (2) 2015 6 30 (2) (2) 2016 2016 1 1 2016 6 30 46 48 44 2016

2016 6 30 2015 2016 1 1 6 30 46 48 2016 45

2016 6 30 1 34 2015 12 31 2016 8 10 2410 2015 12 31 622 436 2015 12 31 622 406(2) 407(2) (3) 34 2015 12 31 2015 12 31 2016 1 1 46 2016

1 2016 1 1 1 16 16 27 2011 28 2011 38 41 10 11 12 14 2014 10 2012 2014 2 2015 2016 6 30 6 30 2 23 3 2015 4 2015 12 31 2016 6 30 1 1 1 1 2016 47

2016 6 30 5 2015 2016 6 30 6 30 42 23 a. b. 48 2016

2016 6 30352 XV 1. 66,247,614 1(a) 144,786,423 1(b) 211,034,037 2.79% 2,444,668 1,196,297 2 3,640,965 0.05% 1,870,653 938,396 3 2,809,049 0.04% 21,530 21,530 0.0003% 99,238 946 4 100,184 0.001% 116,350 5 116,350 0.002% 2,790 2,790 0.00004% XV (a) 0.0005 (b) 0.0005 2011 11 7 2016 49

1. 1. (a) Chiltonlink LimitedChiltonlinkPacific Century Diversified LimitedPCD20,227,614 Eisner Investments LimitedEisner46,020,000 Chiltonlink Eisner (b) (i) 13,159,619 13,159,619 (ii) 131,626,804 Anglang Investments Limited Pacific Century Group (Cayman Islands) Limited Pacific Century International Limited Borsington Limited 131,626,804Hopestar Holdings Limited 2. 3. 4. 5. 2. 307,694,369 1,928,842,224 1(a) 1(b) 2,236,536,593 29.02% 4 878,731 2(a) 1,416,872 3 200 2(b) 2,295,803 0.03% 3,464,886 1,404,388 3 4,869,274 0.06% 272,208 272,208 0.004% 1,176,260 18,455 5 1,194,715 0.02% 103,799 362,273 3 466,072 0.01% 64,180 64,180 0.001% 50 2016

2. 1. (a) PCD269,471,956Eisner38,222,413 (b) (i) 175,312,270 175,312,270 (ii) 1,753,529,954 1,753,529,954 2. (a) 2016 6 14 (b) 20200 3. 4. 2009 10,000,000 2016 7 311,698,256.652017 4 29 2016 5. 2016 6 30 XV 352 2011 11 720112021 20112021 20112021 2016 6 30 2016 51

2011 10 11 2016 6 30 2,160,944 593,724257,280 83,7914,399,5582016 6 30 5,834,6072016 6 30 3513 18 2016 6 30336 4,775,714,681 63.07% 1 CAS Holding No. 1 Limited 4,775,714,681 63.07% XV (a) 0.0005 (b) 0.0005 52 2016

1. CAS Holding No. 1 Limited 2016 6 30 336 2016 6 30 2016 6 30 2016 53

2016 6 30 B.1.2 A.5.1 54 2016

FREng, GBS, JP Sunil Varma 2016 2016 8 15 PO Box 309, Ugland House Grand Cayman, KY1-1104 Cayman Islands FREng, GBS, JP Sunil Varma 979 39 Maples Fund Services (Cayman) Limited PO Box 1093, Boundary Hall, Cricket Square Grand Cayman, KY1-1102 Cayman Islands 979 39 2016 6 30 1,000 7,571,742,334 183 17 1712-1716 +852 2862 8555 +852 2865 0990 hkinfo@computershare.com.hk 2016 6 30 27.09 2016 2016 8 10 2016 8 31 9 1 6823 6823.HK 6823 HK 2016 2016 2016 2016 9 1 2016 9 30 2017 2 www.hkt.com +852 2514 5084 ir@hkt.com 2016 55

2016 2016 www.hkt.com/ir (www.hkexnews.hk) A) 2016 B) 2016 18317M +852 2862 8688 +852 2865 0990 hkt@computershare.com.hk 2016 2016 2016 56 2016