TNAG-1695-FCO40-2351-Future-of-Hong-Kong-nationality-1987 — Page 86

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Cable and Wireless plc

100%

Cable and Wireless Far East (CWFE)

57.6%

22%

38%

80%

Cable and Wireless

Hong Kong (CWHK)

(The remaining 20%

is held by the

Hong Kong Government)

Hong Kong Telephone Company (Telco)

(CWplc and CWFE combined

holding in Telco is 79.6%. The remaining 20.4% of

Telco shares are held by a variety of companies and individuals.)

100%

Cable Television Hong Kong (The remaining 62% is held

by Swire Pacific, Edko and

Golden Harvest, each with approximately 20% holdings)

Other Telco subsidiaries

(Including Communication

Services Limited and

Computasia Limited.)