HKT Trust and HKT Limited announced that at the Annual General Meeting held on May 7, 2015, the company approved to declare a final distribution by the HKT Trust in respect of the Share Stapled Units, of 23.30 cents per share Stapled Unit (after deduction of any operating expenses permissible under the Trust Deed), in respect of the year ended December 31, 2014.

The board of Directors of the company and the board of Directors of the Trustee-Manager announced that The Hon Raymond George Hardenbergh Seitz, an Independent Non-Executive Director of the Company and the Trustee-Manager, retired from the Company Board and the Trustee-Manager Board with effect from the conclusion of the AGM held on May 7, 2015. Following his retirement, Mr. Seitz ceased to be the Chairman of the company's Remuneration Committee, and a member of the Company's Audit Committee and the Trustee-Manager's Audit Committee. The company Board and the Trustee-Manager Board announced that Ms. Frances Waikwun Wong has been appointed as an Independent Non-Executive Director of the company and the Trustee-Manager and as the Chairwoman of the company's Remuneration Committee with effect from the conclusion of the AGM held on May 7, 2015. In addition, Mr. Peter Anthony Allen, who is currently a Non-Executive Director of the company and the Trustee-Manager, has been appointed as a member of the company's Audit Committee and the Trustee-Manager's Audit Committee with effect from the conclusion of the AGM held on May 7, 2015. Ms. Wong has been an Independent Non-Executive Director of PCCW Limited, since March 2012 and is the Chairwoman of the Regulatory Compliance Committee and a member of the Nomination Committee and the Remuneration Committee of the board of directors of PCCW. She is also an Independent Non-Executive Director of Pacific Century Regional Developments Limited. Ms. Wong is currently a financial advisor of Good Harbour Finance Limited. She began her career as a management consultant at McKinsey & Company in the United States in 1986. Ms. Wong returned to Hong Kong and joined the Hutchison Whampoa group of companies in 1988, taking on various positions. After leaving the Hutchison Whampoa Group in 1992, she became group chief financial officer for the Pacific Century Group. After she resigned from the Pacific Century Group, she founded the Independent Schools Foundation in Hong Kong in 2000.