PCCW : Disclosure of Dealings under Rule 22 of the Takeovers Code

Public Disclosure Form

23 September 2020

Partial offer

Disclosure of dealings in the shares of PCCW Limited

The Executive received the following disclosure of securities dealings pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers:

Party	Date	Description	Description	Nature of	Number of	Maturity date	Reference	Total amount	Resultant
		of relevant	of products	dealings	reference	/ closing out	price	paid /	balance
		securities			securities to	date		received	(including
					which the				those of any
					derivatives				person with
					relate				whom there is
									an agreement
									or
									understanding)
Global Markets of	22 September	Ordinary	Other types	Closing out of a	20,000	10 February	$4.7815	$95,630.0000	0
HSBC Bank plc	2020	shares	of products	derivative contract		2023

End

Note:

Public Disclosure Form

Global Markets of HSBC Bank plc is an exempt principal trader connected with the Offeree company.

Dealings were made for its own account.

Global Markets of HSBC Bank plc is ultimately owned by HSBC Holdings plc.