China Netcom Technology Holdings Limited — Proxy Solicitation & Information Statement 2007

Aug 3, 2007

GLORY FUTURE GROUP LIMITED

(incorporated in the Cayman Islands with limited liability)

(stock code: 8071)

PROXY FORM

Form of proxy for use by shareholders at the extraordinary general meeting to be convened at 11:00 a.m. on Wednesday, 22 August 2007 at 12th Floor, 9 Des Voeux Road West, Hong Kong (or any adjournment thereof)

I/We [(note][a)]

of

being the registered holder(s) of [(note][b)]

shares of HK$0.01 each in the capital of Glory Future Group Limited (“ Company ”) hereby appoint the Chairman of the extraordinary general meeting of the Company (“ Meeting ”) or

of

to act as my/our proxy [(note][c)] at the Meeting to be held at 11:00 a.m. on Wednesday, 22 August 2007 at 12th Floor, 9 Des Voeux Road West, Hong Kong and at any adjournment thereof and to vote on my/our behalf as directed below.

Please make a mark in the appropriate box to indicate how you wish your proxy to vote in your name(s) in respect of the resolutions. If no such indication is given, your proxy may vote or abstain at his/her discretion [(note][d)] .

				ORDINARY RESOLUTIONS		FOR(note d)	AGAINST(note d)	AGAINST(note d)	AGAINST(note d)
	1.	To approve the subdivision of every share of HK$0.01 each in the issued and unissued
		share capital of the Company into 20 shares of HK$0.0005 each.
	2.	To revoke	the general mandate granted to the directors of the Company to allot, issue
		and deal with		unissued shares in the capital of the Company on 29 June 2007 and to
		grant to the directors of the Company a refreshed general mandate to			allot, issue and
		deal with unissued shares in the capital of the Company.
	3.	To grant a general mandate to the directors of the Company to repurchase shares of
		the Company.
	4.	To add the nominal amount of the repurchased shares to the general mandate to issue
		shares granted pursuant to Resolution No. 2.

Date Signature [(notes][e,][f,][g][and][h)]

Notes:

• a. Full name(s) and address(es) are to be inserted in BLOCK CAPITALS . The names of all joint registered holders should be stated.

• b. Please insert the number of shares registered in your name(s). If no number is inserted, this form of proxy will be deemed to relate to all the shares in the capital of the Company registered in your name(s).

• c. A proxy need not be a member of the Company. If you wish to appoint some person other than the Chairman of the Meeting as your proxy, please delete the words “the Chairman of the extraordinary general meeting of the Company (“ Meeting ”) or” and insert the name and address of the person appointed as your proxy in the space provided.

• d. Please indicate with a tick in the relevant box the way you wish your votes to be cast. If this form of proxy when returned is duly signed but without specific direction on the proposed resolution(s), the proxy will vote or abstain at his discretion in respect of the proposed resolution(s). A proxy will also be entitled to vote or abstain at his discretion on any amendment of a resolution put to the meeting.

• e. In the case of joint registered holders of any share, this form of proxy may be signed by any joint registered holder, but if more than one joint registered holder is present at the Meeting, whether in person or by proxy, that one of the joint registered holders whose name stands first on the register of members in respect of the relevant jointly registered share shall alone be entitled to vote in respect thereof to the exclusion of the votes of the other joint registered holders.

• f. The form of proxy must be signed by a shareholder, or his attorney duly authorised in writing, or if the shareholder is a corporation, either under its common seal or under the hand of an officer or attorney so authorised.

• g. To be valid, this form of proxy together with any power of attorney or other authority (if any) under which it is signed or a certified copy of such power or authority must be deposited at the Company’s Hong Kong branch registrar, Tricor Tengis Limited at 26th Floor, Tesbury Centre, 28 Queen’s Road East, Wanchai, Hong Kong not later than 48 hours before the time of the Meeting or any adjournment thereof.

• h. Any alteration made to this form should be initialled by the person who signs the form.

• i. Completion and return of this form of proxy will not preclude you from attending and voting in person at the Meeting or any adjournment thereof if you so wish.

• j. According to Rule 17.42A of the Rules Governing the Listing of Securities on Growth Enterprise Market of The Stock Exchange of Hong Kong Limited (“ GEM Listing Rules ”), any controlling shareholders and their associates or, where there are no controlling shareholders, directors (excluding independent non-executive directors) and the chief executive of the Company and their respective associates (as defined in the GEM Listing Rules) shall abstain from voting in favour of resolution numbered 2 as set out in the notice convening this meeting and such resolution shall be voted on by way of a poll.