FIH Mobile Limited — Share Issue/Capital Change 2000

Mar 27, 2000

Listed Company Information

PETROCHINA COMPANY LIMITED<0857> - Announcement This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities. The Stock Exchange of Hong Kong Limited and Hong Kong Securities Clearing Company Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. In connection with the Global Offering, Goldman Sachs (Asia) L.L.C. ("Goldman Sachs") and China International Capital Corporation Limited ("CICC") may over-allot or effect transactions which stabilise or maintain the market price of the H Shares. Such stabilisation may be effected in all jurisdictions where it is permissible to do so, in each case in compliance with all applicable laws and regulatory requirements and, if commenced, may be discontinued at any time. The number of H Shares being offered in the Global Offering may be increased by up to an aggregate of 2,637,362,000 H Shares through the exercise of the Over-allotment Options granted to the Asia Underwriters, the US Underwriters and the Europe Underwriters by PetroChina Company Limited (the "Company") and China National Petroleum Corporation ("CNPC"), exercisable by Goldman Sachs and CICC to cover over-allocations in the Asia Offering, the US Offering and the Europe Offering, which options are exercisable up to 30 days after the Price Determination Date. In the event that such Over-allotment Options are exercised, a press announcement will be made. Unless otherwise defined in this announcement, terms defined in the Prospectus have the same meanings when used in this announcement. PETROCHINA COMPANY LIMITED (a joint stock limited company incorporated in the People's Republic of China with limited liability) GLOBAL OFFERING Number of H Shares: 17,582,418,000 (subject to adjustment) Number of Hong Kong Public Offering Shares: 879,122,000 (subject to adjustment) Offer Price: HK$1.49 per H Share payable in full by applicants in the Hong Kong Public Offering, subject to refund Nominal Value: RMB1.00 each Stock Code: 857 Joint Global Coordinators and Joint Bookrunners China International Capital Corporation Limited Goldman Sachs (Asia) L.L.C. Lead Managers and Sponsors Goldman Sachs (Asia) L.L.C. China International Capital Corporation (Hong Kong) Limited Co-Lead Managers BOCI Asia Limited HSBC Investment Bank Asia Limited Co-Managers Celestial Capital Limited Core Pacific-Yamaichi International (H.K.) Limited Hang Seng Securities Limited ICEA Capital Limited Ka Wah Capital Limited Tai Fook Securities Company Limited Vickers Ballas Capital Limited Worldsec Corporate Finance Limited Financial Adviser to the Company NM Rothschild & Sons Limited Application has been made to the Listing Committee of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") for the granting of the listing of, and permission to deal in, the H shares ("H Shares") of the Company to be issued as described in the prospectus of the Company dated Monday, 27 March 2000 (the "Prospectus"). Dealings in the H Shares on the Stock Exchange are expected to commence on Friday, 7 April 2000. Applications for the H Shares will only be considered on the basis of the Prospectus and the prescribed WHITE or YELLOW application forms. It should be noted that multiple applications or suspected multiple applications or any application for more than 439,561,000 H Shares, being 50 per cent. of the H Shares initially comprised in the Hong Kong Public Offering will be rejected. Only one application on a WHITE or YELLOW application form may be made for the benefit of any person. Applicants are required to undertake and confirm that they or the relevant beneficial owner(s) have not indicated and will not indicate an interest for any ADSs and/or H Shares under the Asia Offering, the US Offering and the Europe Offering. Subject to the granting of the listing of, and permission to deal in, the H Shares on the Stock Exchange as well as compliance with the stock admission requirements of Hong Kong Securities Clearing Company Limited ("Hongkong Clearing"), the H Shares will be accepted as eligible securities by Hongkong Clearing for deposit, clearance and settlement in the Central Clearing and Settlement System ("CCASS") with effect from the commencement date of dealings in the H Shares or such other date as determined by Hongkong Clearing. All activities under CCASS are subject to the General Rules of CCASS and CCASS Operational Procedures in effect from time to time. The Global Offering is conditional on the conditions as stated in the paragraph headed "Conditions of the Global Offering" in the section headed "Structure of the Global Offering" in the Prospectus. The Offer Price is expected to be fixed by agreement between the Global Coordinators, on behalf of the Underwriters, and the Company and CNPC on or around Thursday, 30 March 2000 and, in any event, not later than Wednesday, 5 April 2000. The Global Coordinators, on behalf of the Underwriters, may with the consent of the Company and CNPC, reduce the indicative Offer Price range below that stated in the Prospectus (which is HK$1.23 to HK$1.49 per H Share) at any time on or prior to the morning of the last day for lodging applications under the Hong Kong Public Offering. In such a case, notices of the reduction in the indicative Offer Price range will be published in the South China Morning Post and the Hong Kong Economic Times not later than the morning of the day which is the last day for lodging applications under the Hong Kong Public Offering. If applications for Hong Kong Public Offering Shares have been submitted prior to the day which is the last day for lodging applications under the Hong Kong Public Offering, then even if the Offer Price range is so reduced, such applications cannot be subsequently withdrawn. If, for any reason, the Offer Price is not agreed between the Company, CNPC and the Global Coordinators on behalf of the Underwriters, the Global Offering will not proceed. If the Global Offering does not become unconditional, all application monies received from applicants under the Hong Kong Public Offering will be refunded, without interest, on the terms set out under the paragraph headed "Refund of your money" on the application forms. Refund cheques will also be issued in respect of wholly or partially successful applications in the event that the Offer Price is less than the initial price per H Share actually paid and in respect of wholly or partially unsuccessful applications. Applicants for 500,000 H Shares or more may collect refund cheques (where applicable) and H Share certificates (where applicable) personally from the Company's H Shares registrar, HKSCC Registrars Limited, at 2nd Floor, Vicwood Plaza, 199 Des Voeux Road Central, Hong Kong from 9:00 a.m. to 1:00 p.m. on Wednesday, 5 April 2000. Uncollected H Share certificates and refund cheques will be despatched promptly thereafter by ordinary post at the applicants' own risk to the addresses specified in the relevant application forms. Applicants who would like to be allotted H Shares in their own names should complete and sign the WHITE application forms. Applicants who would like to have the allotted H Shares issued in the name of HKSCC Nominees Limited and deposited directly into CCASS for credit to their investor participant stock accounts or the stock accounts of their designated CCASS participants maintained in CCASS should complete and sign the YELLOW application forms, copies of which, together with the Prospectus, may be obtained during normal business hours from 9:00 a.m. on Monday, 27 March 2000 until 12:00 noon on Thursday, 30 March 2000 at the service counter of Hongkong Clearing at 2nd Floor, Vicwood Plaza, 199 Des Voeux Road Central, Hong Kong or the Investor Service Centre of Hongkong Clearing at Room 1901, Chinachem Exchange Square, 1 Hoi Wan Street, Quarry Bay, Hong Kong. Copies of the Prospectus, together with the WHITE application forms, may be obtained during the same period from: 1. any member of the Stock Exchange; 2. Goldman Sachs (Asia) L.L.C., 68th Floor, Cheung Kong Center, 2 Queen's Road Central, Central, Hong Kong; 3. China International Capital Corporation (Hong Kong) Limited, Room 4302, Central Plaza, 18 Harbour Road, Wanchai, Hong Kong; 4. BOCI Asia Limited, 10th Floor, Bank of China Building, 1 Garden Road, Hong Kong; 5. HSBC Investment Bank Asia Limited, Level 15, HSBC Building, 1 Queen's Road Central, Hong Kong; 6. Celestial Capital Limited, 22nd Floor, The Center, 99 Queen's Road Central, Hong Kong; 7. Core Pacific-Yamaichi International (H.K.) Limited, 30th Floor, Two Pacific Place, 88 Queensway, Hong Kong; 8. Hang Seng Securities Limited, Room 1601, Hang Seng Building, 77 Des Voeux Road Central, Hong Kong; 9. ICEA Capital Limited, 42nd Floor, Jardine House, 1 Connaught Place, Central, Hong Kong; 10. Ka Wah Capital Limited, 8th Floor, Ka Wah Bank Centre, 232 Des Voeux Road Central, Hong Kong; 11. Tai Fook Securities Company Limited, 25th Floor, New World Tower, 16-18 Queen's Road Central, Hong Kong; 12. Vickers Ballas Capital Limited, 19th Floor, Far East Finance Centre, 16 Harcourt Road, Admiralty, Hong Kong; 13. Worldsec Corporate Finance Limited, 11th Floor, Bank of America Tower, 12 Harcourt Road, Central, Hong Kong; 14. any of the following branches or sub-branches of Bank of China, Hang Seng Bank Limited & Standard Chartered Bank: Bank of China Hong Kong Island: Hong Kong Branch 3rd Floor, 1 Garden Road, Central Central Sub-branch Li Po Chun Chambers, 189 Des Voeux Road Central Wanchai Sub-branch 395 Hennessy Road, Wanchai North Point Sub-branch Ground Floor, Roca Centre, 464 King's Road, North Point Kowloon: Tsim Sha Tsui Sub-branch Ground Floor, Houston Centre, 63 Mody Road, Tsim Sha Tsui Yaumatei Sub-branch 471 Nathan Road, Yaumatei Kwun Tong Sub-branch 55 Hoi Yuen Road, Kwun Tong Lai Chi Kok Sub-branch Unit 1, Ground Floor, Kowloon Plaza, 485 Castle Peak Road New Territories: Tsuen Wan Sub-branch 167 Castle Peak Road, Tsuen Wan Shatin Sub-branch Ground Floor, Lucky Plaza, Wang Pok Street, Shatin Hang Seng Bank Limited Hong Kong Island: Head Office 83 Des Voeux Road, Central Central District Branch 2 D'Aguilar Street Causeway Bay Branch 28 Yee Wo Street Wanchai Branch 200 Hennessy Road United Centre Branch Shop 1028 First Floor, United Centre Kowloon: Kowloon Main Branch 618 Nathan Road Tsimshatsui Branch 18 Carnarvon Road Kwun Tong Branch 70 Yue Man Square New Territories: Chung On Street Branch 38 Chung On Street Shatin Branch Shop No. 18 Lucky Plaza Standard Chartered Bank Hong Kong Island: The Landmark Branch The Landmark, 15 Queen's Road, Central Des Voeux Road Branch Standard Chartered Bank Building, 4-4a Des Voeux Road, Central CIG Building Branch Shop B, Ground Floor, CIG Building, 141 Des Voeux Road, Central Causeway Bay Branch 1 Sugar Street, Causeway Bay Taikoo Place Branch Ground Floor, 969 King's Road, Quarry Bay Hennessy Road Branch 399, Hennessy Road, Wanchai Kowloon: Mongkok Bank Centre Branch Bank Centre, 630-636 Nathan Road, Mongkok Tsimshatsui Branch 10 Granville Road, Tsimshatsui Cheung Sha Wan Branch 828 Cheung Sha Wan Road, Cheung Sha Wan Kwun Tong Branch 88-90 Fu Yan Street, Kwun Tong New Territories: Tsuen Wan Branch Basement First Floor, Emperor Plaza, 263 Sha Tsui Road, Tsuen Wan Both WHITE and YELLOW application forms completed in all respects (to which cheques or banker's cashier orders should be securely stapled) should be deposited in the special collection boxes provided at the branches or any of the sub-branches of Bank of China, Hang Seng Bank Limited and Standard Chartered Bank referred to above at the following times on the following dates: Monday, 27 March 2000 - 9:00 a.m. to 4:00 p.m. Tuesday, 28 March 2000 - 9:00 a.m. to 4:00 p.m. Wednesday, 29 March 2000 - 9:00 a.m. to 4:00 p.m. Thursday, 30 March 2000 - 9:00 a.m. to 12:00 noon Subject to the terms and conditions set out in the Prospectus and the application forms relating thereto, applications must be received no later than 12:00 noon on Thursday, 30 March 2000 (or if the application lists are not open on that day, then by 12:00 noon on the next day the lists are open). Please see the section headed "How to apply for Hong Kong Public Offering Shares" in the Prospectus for further details. For allocation purposes only, the H Shares being offered under the Hong Kong Public Offering (initially being 879,122,000 H Shares, subject to adjustment between the Asia Offering, the US Offering and the Europe Offering and the Hong Kong Public Offering in the case of over-subscription of 3 times or more in the Hong Kong Public Offering) will be divided into two pools: pool A and pool B. The H Shares in pool A will be allocated on an equitable basis to applicants who have applied for H Shares with an aggregate price of HK$5 million (excluding the brokerage and Stock Exchange transaction levy payable) or less. The H Shares in pool B will be allocated on an equitable basis to applicants who have applied for H Shares with an aggregate price of more than HK$5 million (excluding the brokerage and Stock Exchange transaction levy payable). Applicants should be aware that applications in different pools, as well as applications in the same pool (depending on the number of H Shares applied for), may receive different allocation ratios. Where one but not both of the pools is undersubscribed, the surplus H Shares will be transferred to the other pool to satisfy demand in that pool and be allocated accordingly. Applicants can only receive an allocation of H Shares from pool A or pool B but not from both pools. It is expected that the level of indication of interest in the Asia Offering, the US Offering and the Europe Offering, the Offer Price, the results of applications and basis of allotment of H Shares under the Hong Kong Public Offering will be published on or before Wednesday, 5 April 2000 in the South China Morning Post and the Hong Kong Economic Times. By order of the Board Ma Fucai Chairman Hong Kong, 27 March 2000 A copy of the Prospectus will appear on the Company's website at www.petrochina.com.cn (the "Site") from Monday, 27 March 2000 to Thursday, 30 March 2000. As the offer of H Shares under the Hong Kong Public Offering is made only in Hong Kong and to residents of Hong Kong, only residents of Hong Kong are permitted to download the Prospectus. To register as a user of the Site, a resident of Hong Kong has to key in a password (which is "Giant"), provide relevant information and follow other relevant registration procedures.