Friday, December 29, 2006

Hutchison Telecommunications (HTX) Confirms It Has Been Approached Regarding a Sale of Its Interest in Hutchison Essar Limited

In a 6-K, Hutchison Telecommunications International Ltd. (NYSE: HTX) noted the recent increase in the price of its shares and stated that it is not aware of any reasons for such increase other than as may relate to market speculation on a possible sale of its equity interests in Hutchison Essar Limited.

The company noted that while it has been approached by various potentially interested parties regarding such a sale, no agreement has been entered into up to the date of this announcement. There is no assurance that a sale may result from these approaches.

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