HONG KONG, August 12 /PRNewswire/ --

Hutchison Telecommunications International Limited ('Hutchison Telecom',
'the Company'; SEHK: 2332; NYSE: HTX) announced today that its subsidiary,
Advent Investments Pte Ltd, has entered into a conditional agreement with
Scailex Corporation Ltd., an Israeli company listed in the Tel Aviv Stock
Exchange, to sell its entire 51.3% equity interest in Partner Communications
Company Ltd. ('Partner') for a consideration of approximately US$1,381
million or HK$10,706 million (or NIS5,291 million based on an exchange rate
of US$1 to NIS3.83), which represents US$17.50 or NIS 67.025 per Partner
share. The purchase price is comprised of cash of approximately US$1,081
million or HK$8,381 million and a secured debt instrument of US$300 million
(approximately HK$2,325 million).

The transaction is expected to close in the fourth quarter of 2009
conditional on Israeli regulatory approvals and Hutchison Telecom's
shareholders' approval. Upon completion of the transaction, the Company is
expected to realise an estimated gain before tax of approximately US$1,000
million or HK$7,750 million.

Canning Fok, Chairman of Hutchison Telecom said: "This transaction brings
to realisation the significant value that we have created in Israel. We are
proud to have built Partner into a respected and valuable company and we
believe this is the right time to monetise the gain from our investment for
the benefit of the Company and its shareholders. I thank the management team
and all the staff at Partner for their dedication and hard work throughout."

Going forward, Hutchison Telecom will continue its strategy of becoming a
leading mobile operator in emerging markets and focusing on developing its
existing operations in Indonesia, Vietnam and Sri Lanka.

The shareholders' meeting to approve the transaction will be held as soon
as practicable.

About Hutchison Telecommunications International Limited

Hutchison Telecommunications International Limited ('Hutchison Telecom'
or 'the Group') is a leading provider of telecommunications services. The
Group currently offers mobile and fixed-line telecommunications services in
Israel, and operates mobile telecommunications services in Indonesia,
Vietnam, Sri Lanka and Thailand. It was the first provider of 3G mobile
services in Israel. Its brands include "Hutch", "3" and "Orange".

Hutchison Telecom is a listed company with American Depositary Shares
quoted on the New York Stock Exchange under the ticker HTX and shares listed
on the Stock Exchange of Hong Kong under the stock code 2332. A member of the
Hong Kong-based Hutchison Whampoa Group, Hutchison Telecom is committed to
providing superior telecommunications services in dynamic markets. For more
information about Hutchison Telecom, see http://www.htil.com .

Cautionary Statements

This press release contains forward-looking statements. Statements that
are not historical facts, including statements about the beliefs and
expectations of Hutchison Telecommunications International Limited ('the
Company'), are forward-looking statements. These statements are based on
current plans, estimates and projections, and therefore you should not place
undue reliance on them. Forward-looking statements speak only as of the date
they are made, and the Company undertakes no obligation to update publicly
any of them in light of new information or future events. Forward-looking
statements involve inherent risks, uncertainties and assumptions. The Company
cautions you that if these risks or uncertainties ever materialise or the
assumptions prove incorrect, or if a number of important factors occur or do
not occur, the Company's actual results may differ materially from those
expressed or implied in any forward-looking statement. Additional information
as to factors that may cause actual results to differ materially from the
Company's forward-looking statements can be found in the Company's filings
with the United States Securities and Exchange Commission.

For enquiries, please contact:

     Ada Yeung
     Corporate Communications
     Hutchison Telecom
     Tel: +852-2128-3106
     Mobile: +852-6347-0619
     Email: adayeung@htil.com.hk