Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

ASIA TELE-NET AND TECHNOLOGY CORPORATION LIMITED

(incorporated in Bermuda with limited liability)

(Stock Code: 679)

ANNOUNCEMENT SUSPENSION OF TRADING

At the request of Asia Tele-Net and Technology Corporation Limited (the “Company”), trading in the Company’s shares on The Stock Exchange of Hong Kong Limited has been suspended with effect from 9:00 a.m. on 8 August 2011 pending the release of an announcement in relation to a major transaction or a possible very substantial disposal of the Company involving the disposal of a property.

By Order of the Board of

Asia Tele-Net and Technology Corporation Ltd

Lam Kwok Hing

Chairman and Managing Director

Hong Kong, 8 August 2011

As at the date of this announcement, the executive directors of the Company are Messrs. Lam Kwok Hing and Nam Kwok Lun, and the independent non-executive directors of the Company are Messrs. Cheung Kin Wai, Kwan Wang Wai Alan and Ng Chi Kin David.