International Telephone Rates 1994

City Telecom (HK) Ltd

Annex B (Page 2)

Country

Hong Kong Telephone Co.

Peak

Non-Peak

Peak

Non-Pesk

Stored Value

Stored Value

U.S.A

$8.60

$6.90

$7.31

$6.94

$6.07

$5.77

Canada

$7.90

$6.90

$6.72

$6.38

$6.07

$5.77

44

U.K.

$8.80

$8.20

$7.48

$7.11

$7.48

$7.11

I

Australia

$7.20

$6.50

$6.48

$6.16

$6.48

$6.16

·

China Shenzhen

$2.40

$27.03

$23.32

Guangdong

$3.70

$27.03

$23.32

Rest

$9.50

$27.03

$23.32

(Page 2)

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