The board of directors of CITIC Telecom International Holdings Limited announced that, with effect from January 1, 2015 Mr. Yuen Kee Tong will retire as an Executive Director and Chief Executive Officer of the Company, and will cease to be a member of the Finance Committee of the Board; and Dr. Lin Zhen Hui is to be appointed as an Executive Director and Chief Executive Officer of the Company and a member of the Finance Committee of the Board. Dr. Lin has 30 years' extensive experience in telecoms industry. Dr. Lin was formerly the Deputy Managing Director of Guangdong China Mobile Co.

Ltd.and Chairman and General Manager of China Mobile Group Yunnan Company Limited. Before joining the Company, Dr. Lin was the Chairman of China Mobile Hong Kong Company Limited and the Chairman and Chief Executive Officer of China Mobile International Limited.