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Hang Lung Group Limited M&A Activity 2003

Feb 6, 2003

48869_rns_2003-02-06_454e7390-3669-4ad0-86b6-89d5b4e94ce4.htm

M&A Activity

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Listed Company Information

PCCW<00008> - Announcement

The Stock Exchange has received a message from PCCW Limited which is
reproduced as follows:-

"The Company notes certain press articles concerning the Company and Cable
& Wireless plc. The Company would like to confirm that it did not make a
takeover offer to Cable & Wireless ("C&W"). Further, the Company is not
engaged in any negotiations with C&W with respect to a potential takeover
or any other prospective transaction nor has it made any decision to
proceed with any transaction with C&W.

By order of the Board

Fiona Nott
Company Secretary

6 February 2003"