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Press Release
Press Release
21 Jun 2005
New Appointment at Wharf T&T
Wharf T&T Limited today announced the appointment of Ms. Magdala Hoi as Vice President, Business Market. Ms. Hoi will be responsible for retail customers in the business sector. Wharf T&T currently serves over 50,000 business retail customers and commands a market share in fixed lines of about 20%, second only to the incumbent's 69%.

Ms. Hoi was previously General Manager, Hong Kong and China, of MCI WorldCom Asia Pacific Limited. With over 15 years of experience in the telecommunications industry, Ms. Hoi is very well regarded as a professional and aggressive leader, with a wealth of experience in sales and marketing in the business sector. Her customer and service driven mindset and expertise will be a tremendous asset to Wharf T&T in further strengthening Wharf T&T's market position and better serving customers, at a time when competition is getting keener.
About Wharf T&T Limited

Wharf T&T, marking its tenth anniversary in 2005 with ten consecutive years of sustained growth, is a leading fixed-line operator with HK$5 billion of investment in its own telecommunications network infrastructure in Hong Kong. On top of its ongoing commitment to upgrade network and services to deliver competitive products at competitive prices to Hong Kong businesses and consumers, Wharf T&T has established a sound fixed-line business model with a proven track record of rising profitability since 2001 and positive free cash flow since 2004.

Wharf T&T is a core member of The Wharf Group, one of the largest groups of companies in Hong Kong. The Wharf Group also owns i-CABLE Communications Limited, the leading cable television station and Internet access service provider in Hong Kong.

For further information about both Wharf T&T and The Wharf Group, please visit the Wharf T&T website at www.wharftt.com.

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