China Communications Services Corporation Limited refer to the 2015 announcement and circular in relation to certain continuing connected transactions between the group and China Telecom and/or its associates which are governed by the 2015 Agreements, including the Engineering Framework Agreement, the Ancillary Telecommunications Services Framework Agreement, the Operation Support Services Framework Agreement, the IT Application Services Framework Agreement, the Centralized Services Agreement, the Property Leasing Framework Agreement and the Supplies Procurement Services Framework Agreement. All the 2015 Agreements above were entered into between the company and China Telecom on 29 September 2015, pursuant to which the 2015 Agreements will expire on 31 December 2018. The board announced that the company entered into the 2018 supplemental agreements with China Telecom on 28 September 2018 based on the 2015 Agreements to renew each of the 2015 agreements for a further term of three years from 1 January 2019 to 31 December 2021. The directors have been closely monitoring the continuing connected transactions. According to internal estimates and historical transaction amounts, the directors also proposed the New Annual Caps, details of which are set out in this announcement.