The board of directors of CCT Telecom Holdings Ltd. deeply regrets to announce that Mr. Lau Ho Man, Edward (Mr. Lau), an independent non-executive director (INED) of the company, the chairman of the remuneration committee of the company and the members of the audit committee, the remuneration committee and the nomination committee of the company passed away due to illness on January 12, 2013. Mr. Tam King Ching, Kenny, the INED, has been re-designated to replace Mr. Lau as chairman of the remuneration committee of the company with effect from January 12, 2013.