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TheStreet Open House

City Telecom Investor Engagement Global Schedule

HONG KONG, Feb. 10, 2011 (GLOBE NEWSWIRE) -- City Telecom (H.K.) Limited (HKSE:1137) (Nasdaq:CTEL) is pleased to announce our updated Investor Engagement Global Schedule.

City Telecom is unique within the Hong Kong telecom industry. Rather than being backed by a large conglomerate, City Telecom was founded in 1992 by two entrepreneurial cousins, Ricky Wong, Chairman and Paul Cheung, Vice Chairman on family and friends start-up capital of C$100,000, and we have since relied heavily on the global public capital markets to fund our infrastructure investments over the past 19 years. As such, we see partnership with the public capital markets as being essential to our existence.

In August 2009, after a long infrastructure gestation period, we hired Elite IR and re-launched our Investor Engagement initiative. Since then, global institutional investors holdings of our free float has increased from about 10% to over 50% currently.

Upcoming Investor Engagement Global Schedule (Tentative)

Event Date and Location Company Representatives
7-8 March, Rodman & Renshaw Annual China Investment Conference, Shanghai, China Alice Wong, Financial Controller
7-9 March, Credit Suisse Global Media & Communications Convergence Conference, Miami, Florida, US  
10 March, Oppenheimer 4th Annual Internet Infrastructure, New York, US Ricky Wong, Chairman and NiQ Lai, CFO and Head of Talent Engagement
11 March, Investor Meetings, Boston, US  
21-25 March, Credit Suisse Asia Investment Conference, Hong Kong  NiQ Lai, CFO and Head of Talent Engagement
28-29 March, City Telecom Analyst Event, Hong Kong (see Appendix 1) Full Management Team
3-6 May, Post FY2011 Interim Results Investor Meetings, London, UK; Amsterdam, Netherlands; Zurich and Geneva, Switzerland and Frankfurt, Germany   
10-13 May, Jefferies Global Technology, Internet, Media & Telecom Conference, New York, US William Yeung, CEO and Alice Wong, Financial Controller
9-16 May, Post FY2011 Interim Results Investor Meetings, Chicago, New York and San Francisco, US and Toronto, Canada  
26-27 May, Goldman Sachs Telecom & Internet Corporate Day, Hong Kong NiQ Lai, CFO and Head of Talent Engagement

Please RSVP to http://surveys.questionpro.com/akira/TakeSurvey?id=2026747

For the full Press Release, please download at: http://reg.hkbn.net/ctigroup_admin/files_upload/PR_IEGlobalSchedule_E.pdf

About City Telecom/Hong Kong Broadband Network Limited

Established in 1992, City Telecom (H.K.) Limited (HKSE:1137) (Nasdaq:CTEL) provides integrated telecommunications services in Hong Kong via its own self-built fibre network. City Telecom's wholly-owned subsidiary, Hong Kong Broadband Network Limited (HKBN), is the fastest growing broadband service provider in Hong Kong. HKBN offers a diversified portfolio of innovative products that service over 1,027,000 subscriptions for broadband, local telephony and IP-TV. The Company has built a solid market position with top-of-the-line applications and practices enabling it substantial growth. The company takes great pride in developing its over 3,000 Talent force into a competitive advantage. Additional information on City Telecom can be found at www.ctigroup.com.hk

CONTACT: City Telecom
         Ms. Jessie Cheng, Corporate Communications
         Tel: +852 3145 4118
         Email: chengcm@ctihk.com
         
         Elite IR
         John Marco, Partner
         Tel: +1310 819 2948
         Email: john.marco@elite-ir.com

City Telecom's Company Logo

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