In January, the Group teams up with the US's Name-Your-Own-Price Internet pricing system Priceline.com with a plan to bring buyer-driven e-commerce to Asia.

In January, the Group and Cheung Kong (Holdings) Limited form a joint venture named iBusiness Corporation with the Hongkong and Shanghai Banking Corporation Limited and Hang Seng Bank, with the aim to become the dominant service provider and business facilitator by capitalising on the resources, network and customer base of the four partners.

In February, the Group accepts a revised offer by Vodafone for all of their Mannesmann shares. The consideration is 3,056,910,365 new Vodafone shares.

In February, the Group forms a 50-50 joint venture with Computer And Technologies Holdings Limited, to set up an Information Technology Resource Centre with expertise in IT and e-commerce application development.

In February, the Group and DLJdirect enters into a 50-50 joint venture agreement to expand DLJdirect's on-line investment service throughout Asia to Hong Kong and mainland China, Thailand, Singapore, Malaysia, the Philippines, Taiwan and Indonesia. (The JV is subsequently renamed Hutchison CSFBdirect.)

In March, the Group's China-related new media mega-portal, TOM.COM, commences trading on the Growth Enterprise Market ('GEM') of The Stock Exchange of Hong Kong Limited (stock code: 8001).

In March, the Group joins forces with leading business-to-business e-commerce company, Internet Capital Group (ICG) to launch ICG AsiaWorks, which will incubate, acquire and build e-commerce market makers and B-2-B infrastructure companies. ICG AsiaWorks attains a back-door listing through Harbour Ring International Holdings (later renamed as Hutchison Harbour Ring), which is listed on the Hong Kong Stock Exchange (stock code: 715).

In March, Hutchison Port Holdings establishes portsnportals.com (later renamed as LINE - Logistics Information Network Enterprise) in March.

In March, Hutchsion Port Holdings signs a joint venture agreement on the managing of Phase I of the Wai Gao Qiao development with the Shanghai Port Authority, Shanghai Industrial Investment and COSCO.

In April, the Group establishes a wholly owned subsidiary - bigboXX.com as the first of its kind B2B e-commerce portal in Hong Kong, specifically dedicated to serving office administration and finance managers for office supplies-related services.

In April, the Group wins the largest 3G licence 'A' in the United Kingdom for 4,384.7 million sterling pounds. Subsequently in July, NTT DoCoMo and KPN Mobile acquires a 20 per cent and a 15 per cent participation in 3G Holdings respectively. Following the acquisition, Hutchison 3G UK Ltd, which deploys the UMTS network, becomes a wholly owned subsidiary of 3G Holdings.

In May, the Group and China United Telecommunications Corporation (China Unicom) sign a business co-operation framework agreement to form a strategic alliance and to co-operate in various telecommunications activities in Mainland China.

In May, the Group, Investor AB and Ericsson announces the completion of their acquisition of a controlling interest in Guoco Land Limited, a company listed on the Stock Exchange of Hong Kong. Guoco Land, renamed as imGO, invests in telecommunication-related technologies, wireless Internet enabling technologies, software applications, hardware (devices and terminals), wireless content providers and broadband infrastructure in Asia.

In May, Hutchison Telecom (Hong Kong) Limited launches Orangeworld, the territory's richest, broadest and deepest wirefree internet service, paving the way for Hong Kong mobile communications into the next generation.

In June, a joint venture between Hutchison China, China Putian Industrial Corporation and OPTEL's management is established. The new joint venture -- Chongqing Hutchison Optel Telecom Technology Co., Ltd. ('OPTEL') focuses on optical transmission technology equipment.

In June, Husky Oil announces its merger with Renaissance Energy ('Renaissance'), also a Canadian company. The new company Husky Energy is listed on the Toronto Stock Exchange and becomes one of Canada's largest integrated oil and gas companies.

In July, the Group's US associated company (22 per cent effective interest) VoiceStream Wireless Corp announces a merger with Deutsche Telekom AG to form the first wireless operator utilizing the GSM standard worldwide.

In August, Hutchison Telecommunications International Limited acquires 49 per cent of the equity shares in Usha Martin Telekom Ltd in Calcutta, India. Usha Martin Telekom provides cellular services in Calcutta under the brand name Command.

In September, Hutchison Port Holdings acquires a 48 per cent stake in Koja Terminal 3 (Koja T3) in Jakarta, Indonesia.

In September, Hutchison Port Holdings acquires a 30 per cent stake in Westport, Port Klang. Westport is an integrated port situated on 520 hectares of waterfront land with terminal handling facilities for containers, dry bulk, liquid bulk and other conventional cargo at Malaysia's premier port -- Port Klang.

In September, Hutchison Telecommunications Limited becomes a 14.7 per cent shareholder of Fascel Ltd, number one cellular operator in Gujarat, India.

In September, Hutchison Telecommunications (Hong Kong) Limited (49 per cent interest) and China Unicom (51 per cent interest) announce the establishment of a joint venture to provide telecom-related technical and marketing consultancy services in Mainland China.

In October, Hutchison Telecommunications International Limited acquires a 49 per cent interest in I-Mobile Holding (later renamed as Hutchison Wireless MultiMedia Holdings) which controls a 65 per cent stake in Tawan Mobile Telecom Co (later renamed as Hutchison CAT Wireless MultiMedia) in Thailand.

In October, Andala 3G S.p.A. wins a licence in the UMTS auction held by the Italian Government. Andala successfully bids 4,700 billion Lire (approximately EUR2.428 billion or HKD15.82 billion) for 10 MHz of paired spectrum, and 5MHz of unpaired spectrum, and 1,600 billion Lire (approximately EUR0.826 billion or HKD5.38 billion) for an additional 5 MHz of paired spectrum available to Andala as a new entrant to the Italian mobile market.

In November, Hutchison 3G Austria GmbH becomes one of the six successful bidders at the end of the Austrian UMTS licence auction for 10MHz of paired spectrum and 5MHz of unpaired spectrum for a total cost of ATS1.http://www.drei.at/913 billion (approximately EUR139 million or HKD940 million).

In December, Hi3G Access AB is awarded a national licence for 15 MHz of paired and 5 mHz of unpaired spectrum to provide third generation mobile communications (3G) services network in Sweden. No licence fee is payable. Hi3G Access AB is jointly owned by Hutchison Whampoa (60 per cent) and the Sweden's Investor AB (40 per cent).

In January, the Group and CSFBdirect (formerly DLJdirect) launch Hutchison CSFBdirect which provides online investing services to private investors in Hong Kong.

In February, Metro Broadcast Corporation Limited announces the launch of Metro Finance, the first 24-hour Cantonese finance radio channel in the world. Metro Finance is a breakthrough in the radio industry with a unique mission on providing first-hand financial news, professional views, and other information in Cantonese round the clock.

In February, the Group appoints Goldman Sachs, Merrill Lynch and JP Morgan to arrange the issue of about USD1.5 billion of 10-year 7.00 per cent guaranteed notes. This issue, which is the Group's second global offering of US dollar denominated debt securities, represents the largest single-tranche corporate bond ever by an Asian issuer.

In February, the Group and Cheung Kong invest approximately USD25 million (approx. HKD195 million) each for a total of approximately USD50 million (approx. HKD390 million) in the common stock of US-based priceline.com. Subsequently in June, the Group and Cheung Kong enter into an agreement to increase their stake in priceline.com by purchasing an aggregate of approximately 25 million shares of priceline.com common stock from priceline.com founder Jay S Walker and his trust. As a result of the transactions in February and June, the Group and Cheung Kong each holds approximately 15 per cent (together approximately a combined 30 per cent) equity interest in priceline.com. Separately, Hutchison also owns approximately 65 per cent of Hutchison-Priceline Limited (HPL), the companies' Asia venture.

In February, Hutchison Telecommunications International Limited agrees to sell Hutchison Telecommunications Technology Investments Limited (HTTIL) to Pacific Century Cyberworks Limited (PCCW) for USD103 million. The consideration will be satisfied by the issue of 183,634,285 new PCCW shares at a price of HKD4.375 per share. HTTIL subsidiaries are engaged in providing satellite telecommunication equipment and services using Very Small Aperture Terminal (VSAT) technology marketed under the Hutchison Corporate Access brand. This transaction is part of the Group's disposal programme of satellite based businesses and its strategy to concentrate on its mobile telecommunication business.

In February, Andala 3G S.p.A. is renamed H3G Italy. H3G Italy also announces the acquisition of the exclusive UMTS rights of Juventus, Milan, Rome, Lazio, Bari, Salernitana and Genoa, creating the first nucleus of its service and content offer.

In March, Hutchison Telecommunications (Australia) Limited (HTAL) successfully acquires an additional spectrum in the 2.1 GHz band at a total cost of D196.1 million as part of the Federal Government's auction of spectrum licences. The additional spectrum acquired complements HTAL's existing spectrum licences in Sydney, Melbourne, Brisbane, Adelaide and Perth.

In May, Hutchison Telecommunications (Australia) Limited and Telecom Corporation of New Zealand Limited announce the formation of a major strategic alliance. The alliance will result in the formation of a dedicated new operating company in each of Australia and New Zealand focussed on 3G products and services, namely Hutchison 3G Australia and Telecom 3G respectively.

In May, Husky Energy announces the pre-acquisition agreement with Avid Oil & Gas Ltd (Avid) for Husky Oil Operations Limited (Husky) to acquire all of the remaining shares of Avid not currently held by Husky. Husky Oil Operations Limited is one of the Husky Energy group of companies.

In May, Hutchison Port Holdings (HPH) announces that a consortium consisting of HPH, Hyundai Merchant Marine Co Ltd and Hanjin Shipping, has finalized an agreement with the Korea Container Terminal Authority (KCTA) for the rights to operate and develop Phase II of Kwangyang Port. Under the terms of the agreement, the consortium will lease seven berths at Phase II of Kwangyang Port for a 30-year period from the Korean government and will have preferred rights to negotiate with the KCTA to develop the Phase III container facilities.

In May, Hutchison Port Holdings announces that it has entered into agreements with Philippines-based International Container Terminal Services, Inc. (ICTSI) and certain financial investors to acquire ICTSI International Holdings Corp. (IIHC), the overseas port development and holding subsidiary of ICTSI. IIHC has eight port operations and investments in Mexico, Argentina, Saudi Arabia, Pakistan, Tanzania and Thailand. These port holdings consist 23 container and general cargo berths.

In May, the Group announces that its US associated company (18.4 per cent effective interest) VoiceStream Wireless Corp ("VSTR") has completed its merger with Deutsche Telekom AG ("DT"). Upon completion, the Group received a total consideration of approximately USD5.1 billion (approximately USD90.47 per VSTR share), split as to cash of approximately USD885 million (USD15.7262 per VSTR share) and approximately 206.6 million DT shares (3.6693 DT shares per VSTR share).

In June, Hutchison Port Holdings (HPH) announces that it has signed an agreement with the Ningbo Port Authority to jointly operate and develop Ningbo Beilun Port Phase II. HPH has acquired a 49 per cent interest in the joint venture company which will invest 2 billion RMB in the project. The JV company operates and manages the three container berths at Ningbo Beilun Port Phase II.

In August, the Group acquires additional licences to operate 1800 MHz mobile phone services in key Indian cities, including Karnataka (includes Bangalore), Chennai and Andhra Pradesh (includes Hyderabad).

In August, Hutchison Telecom Limited announces the grand launch of its GSM dualband mobile service in Macau, providing Macau citizens with seamless coverage in over 99.99 per cent of populated areas, and unveiling Macau's richest, broadest and deepest wireless Internet service - Hutchisonworld.

In September, Hutchison 3G HK Limited ("Hutchison 3G HK") announces that it is one of the Provisional Successful Bidders of the First Phase 3G auction in Hong Kong. Following the completion of the second and third phases and upon the grant of the licence, Hutchison 3G HK obtains a 3G licence with one block of paired spectrum of 2 x 14.8 MHz plus one 5 MHz block of unpaired spectrum at the end of the 3G UMTS (Universal Mobile Telecommunications System) auction in Hong Kong.

In September, Hi3G Access AB is awarded through its wholly owned subsidiary, Hi3G Denmark A.p.S, one of the four licences to offer UMTS services in Denmark. This enables Hi3G to provide the Danish population with world-leading mobile multi media services.

In October, Hongkong Electric Holdings Limited announces that Hongkong Electric International Limited (HEI) has plans to invest in a power plant project in Thailand through a joint venture company, Union Power Development Company Limited. HEI acquires 27.5 per cent of the project at commercial operation as one of the two largest shareholders, the other is Tomen of Japan. Hongkong Electric's equity investment is about HKD700 million. The project is due to be completed by the end of 2005, and Hongkong Electric is responsible for its construction management.

In November, TOM.COM (TOM) announces its acquisition of 100 per cent of Sharp Point Publishing Co, Ltd, (Sharp Point), Taiwan's largest Chinese-language youth magazine and book publisher, at a consideration of NTD380 million (approx. HKD85.3 million). With this acquisition, TOM achieves a leadership position in Taiwan's teenage publishing market.

In November, Hutchison Port Holdings announces that it has signed official agreements with the Shenzhen Government and Yantian Port Group to jointly develop Phase III of Yantian International Container Terminals. A total of HKD6.6 billion is invested in the project. Phase III covers 90 hectares of land and comprises four deep-water container berths. The development calls for the construction of 1,400 metres of berth with a water depth of 16 metres. Upon completion in 2006, Phase III has an annual handling capacity of two million TEUs.

In November, Hutchison Port Holdings (HPH) announces that the European Commission has granted approval for HPH to increase its stakeholding in Europe's leading container terminal operator Europe Combined Terminals (ECT) to 60 per cent. This follows the Commission's decision to approve HPH's acquisition of a 35 per cent stake in ECT in July 2001. On completion of the transaction, HPH has control over ECT and is entitled to further increase its stake in the future.

In December, TOM.COM (TOM), a joint venture of the Group, announces it had entered an agreement to acquire up to 100 per cent of Business Weekly Publishing Inc. (Business Weekly), Taiwan's leading Chinese-language magazine and book publisher. With the move TOM becomes Taiwan's largest magazine and book publisher group. It marks yet another milestone in TOM's building of the largest Chinese print media platform in Greater China. TOM pays in total up to NTD1,650 million (approx. HKD370 million) for the acquisitions, out of which about NTD825 million (approx. HKD185 million) or 50 per cent, is paid in cash.

In December, Partner Communications announces that the company has been awarded a 2G band (1800 spectrum) and a 3G band of spectrum in Israel.

In January, Hutchison Port Holdings acquires three additional terminals in Korea (two in Pusan's Jansungdae and Gamman, and one in Kwangyang) from Hyundai Merchant Marine for USD215 million.

In April, the Group announces the launch of Priceline to provide the Name Your Own Price^TM Internet travel service in Asia. Priceline is operated by Hutchison-Priceline (Travel) Limited - a company formed with investments from Hutchison Whampoa Limited and US-based priceline.com Inc.

In April, A.S. Watson announces a joint venture with members of the SM Group Health and Beauty and Family Drugstore to bring Watson's health and beauty and pharmacy stores to the Philippines. The joint venture, Watsons Personal Care Store (Philippines), Inc., has acquired the existing 61 health and beauty and drug stores under the SM Group.

In June, Hutchison 3G Ireland Limited has been awarded the "A" licence (2 x 15 MHz paired and 1 x 5 MHz unpaired spectrum) in the Republic of Ireland 3G licence bid process. The Group expects to derive tremendous synergy with its existing 3G business in the United Kingdom.

In June, Watsons Water launches an innovative new bottle design in Hong Kong.

In July, Cheung Kong Infrastructure Holdings Limited (CKI) and Hongkong Electric Holdings Limited (HEH) consolidate their position as Australia's leading energy distributor with the successful acquisition of Citipower I Pty Ltd (Citipower), the electricity utility which serves Melbourne, Victoria, and its surrounding suburbs for a net AD1.418 billion (approximately HKD6.2 billion). Citipower consists of network distribution business as well as retail operation. The total consideration for the Citipower tender is AD1.555 billion. The CKI/HEH partnership takes up the distribution business of Citipower, valued at AD1.418 billion, and onsell Citipower's retail business to Origin Energy, a leading listed Australia energy provider, for a consideration of AD137 million.

In August, Hutchison Telecommunications Limited and Singapore Technologies Telemedia Pte Ltd (ST Telemedia) announce the signing of an agreement with Global Crossing to invest USD250 million for 61.5 per cent majority interest in the company.

In August, Hutchison Global Crossing changes its English name to Hutchison Global Communications ("HGC"). HGC's Chinese name remains unchanged. The change in the company name has no impact on the existing contracts, businesses or day-to-day operations of the company.

In August, the Group announces that it has, through its wholly owned subsidiary A.S. Watson (ASW), made an offer to acquire one of Europe's leading Health & Beauty retail businesses, the Kruidvat Group, for approximately EUR1,300 million. The addition of the Kruidvat Group significantly enhances ASW's presence in Europe, its leading market position, its earnings growth, and in addition provides synergies with ASW's existing operations. The Kruidvat outlets, in conjunction with ASW's existing 930 personal care stores, makes ASW one of the world's largest health and beauty chains. The companies acquired include Health and Beauty retail chains Superdrug in the UK, Kruidvat and Trekpleister in the Netherlands, Kruidvat in Belgium and Rossmann (50 per cent interest) in Poland, Hungary and the Czech Republic; and Perfumery retail chain ICI Paris XL in the Netherlands and Belgium.

In September, PARKnSHOP China opens its largest Megastore in the Haizhu District of Guangzhou with an area of 20,300 sq m.

In October, the Group announces that NEC Corporation has agreed to acquire from HWL a 5 per cent strategic equity interest in both Hutchison Telephone Company Ltd.(HTCL), and Hutchison 3G HK Holdings (H3G HK) for a total cash consideration of USD73 million. Hence, the Group's interest in HTCL and H3G HK will change from 74.63 per cent to approximately 71 per cent, whilst NTT DoCoMo's stake will change from 25.37 per cent to approximately 24 per cent for both companies.

In October, the Group announces an agreement with NEC Corporation (NEC) to increase its November 2001 order of third generation (3G) video devices for the Group's 3G companies worldwide from one million to two million NEC video devices.

In October, the Group unveils the brand identity 3 for its mobile multi-media services (3G) worldwide.

In November, PARKnSHOP Hong Kong opens its first two Express stores, providing supermarket shopping convenience in a compressed format to consumers.

In December, the Cross City Motorway Consortium (CCM), led by Cheung Kong Infrastructure Holdings Limited (CKI), announces that it has been awarded the contract of the Cross City Tunnel project in Sydney by the New South Wales Government. The tunnel is expected to begin operations by end- 2006. CKI has a 50 per cent interest in CCM. Other members of the consortium include D B Capital Partners and construction contractor Baulderstone Hornibrook, with 30 per cent and 20 per cent, respectively.

In January, Hutchison CAT Wireless Multimedia commences CDMA-1X mobile services in Thailand and receives encouraging responses.

In March, Hutchison Port Holdings announces the establishment of Shanghai Pudong International Terminals Limited (SPCT). The newly formed company is a joint venture owned by Shanghai Waigaoqiao Free Trade Zone Stevedoring Company (40 per cent), Hutchison Ports Pudong Limited (30 per cent), COSCO Pacific (China) Investments Limited (20 per cent), and Shanghai Investment Infrastructure Holdings Limited (10 per cent). With a tenure of 50 years the joint venture has a registered capital of RMB 1.9 billion. Located in the Waigaoqiao Free Trade Zone, SPCT operates Waigaoqiao Terminal Phase I.

In March, A.S. Watson announces that its retail chain Watsons Your Personal Store has launched its first ever outlets at the Hong Kong International Airport. Three Watsons Your Personal Store outlets are opened at the Check-In, Arrival and West Halls of the airport and one managed by Watsons sister company, Nuance-Watson (HK) Limited Partnership.

In March, 3 UK announces that it has entered into agreements with its lenders to extend and amend the term of its loan facilities to support the next-stage rollout of the UK's first commercial 3G mobile video, multimedia and communications service.

In March, Hutchison Port Holdings and P.T. Pelabuhan Indonesia II (PELINDO II) announce the official launch of Indonesia's new container hub port in Jakarta. HPH and PELINDO II together have transformed the port of Jakarta into a world-class container hub. The new hub port, comprising of Jakarta International Container Terminal (JICT) and KOJA Container Terminal, has a continuous berth of 1,200 metres linking the facilities of JICT and KOJA. The new facilities are capable of simultaneously handling several container vessels of the latest generation, making Jakarta container port a world-class container hub port for the country of Indonesia.

In March, H3G Italy S.p.A. announces new tariffs and launches a prepaid card service for 3 . Commercial service starts with the delivery of the first videophones to the pre-registered clients.

In March, the Group rolls out its 3G mobile video and multimedia services in the UK.

In April, Hutchison Telecoms Australia launches 3 - Australia's first live person-to-person mobile video telephony and information, communication and entertainment service.

In May, Hutchison 3G Austria GmbH opens 3Stores in Austria, marking the beginning of 3 's mobile multimedia services in the country.

In May, Hi3G Access AB rolls out the first 3G mobile video communication service in Sweden. Hi3G Access also starts to take pre-bookings in the first retail outlets in its distribution network throughout Sweden.

In June, the Group and NTT DoCoMo, Inc. announce that the two companies have agreed on further details (25 June 2003) regarding the agreement they concluded on 23 April, 2003 to cooperate on the development and promotion of third-generation services, based on W-CDMA technology. According to the terms of the agreement, the Group and NTT DoCoMo collaborate on the areas of handsets, standards, international roaming and radio technology.

In July, Hutchison 3G HK Limited awards a contract to NEC and Siemens mobile for the supply of the radio network of its third generation (3G) WCDMA-based network.

In July, Hutchison Port Holdings announces the acquisition of 51 per cent stake in LC Terminal Portuaria de Contenedores S.A. de C.V.

In July, Hongkong International Terminals announces the official launch of Container Terminal Nine (CT9), Hong Kong's newest container handling facility. Once completed in 2005, CT9 North provides HIT with two berths with a total quay length of 700 metres. The alongside depth of 15.5 metres is designed to accommodate the next generation of container vessels.

In August, Husky Energy agrees to acquire all of the issued and outstanding shares of Marathon Canada Limited and the Western Canadian assets of Marathon International Petroleum Canada, Ltd through a wholly owned subsidiary. The total purchase price is USD588 million. The effective date of the transaction is 1 October 2003. In a separate transaction, Husky agrees to sell certain of the Marathon Canada oil and gas properties to a third party for a sale price of USD320 million.

In September, Hi3G Access Norway AS, wholly owned subsidiary of Hi3G Access AB, has been awarded a licence to offer 3G services in Norway. The company provides the Norwegian population with world-leading mobile video communication and other mobile telecom services under the brand 3 .

In October, Hutchison 3G Ireland launches its 3G network offering its key corporate partners access to its services in Dublin. The services include video mobile calling and a range of content.

In November, Husky Energy signs a contract with the China National Offshore Oil Corporation (CNOOC) for the 04/35 exploration block in the East China Sea. This is the first exploration contract signed by Husky with CNOOC, which demonstrates the company's interest in expanding our operations into the East China Sea.

In November, the Group signs an agreement with KPN, under which KPN agrees to sell its entire shareholding in Hutchison 3G UK to HWL. Upon completion of the transaction on 31 December 2007, the Group's shareholding in Hutchison 3G UK increases from 65 per cent to 80 per cent.

In December, Hutchison Global Communications Limited announces its collaboration with the Internet Thailand Public Company Limited and with HiNet in Taiwan to target market opportunities in IP-related services.

In December, the Group marks an important development of 3 in Hong Kong by unveiling a range of exciting and innovative video mobile services made possible by the company's ground breaking 3G technology. 3 delivers to customers an integrated information, communication and entertainment service on its new generation of mobile phones, which also offer video calling and video messaging.

In January, Hutchison Harbour Ring and Warner Bros. Consumer Products announce far-reaching Relationship. Warner Bros. Consumer Products names HHR and Global Brands Group exclusive licensing agent for Mainland China, Hong Kong and Macau. Deal grants exclusive rights to open and operate "Warner Bros. Studio Stores" and "Warner Bros. Studios Presents" retail formats. Agreement also awards licensing rights for production of merchandise to be sold in "Warner Bros. Studio Stores" and "Warner Bros. Studios Presents" retail formats. HHR provides sourcing services to WBCP licensees worldwide outside of the United States and Canada.

In January, 3 HK rolls out 3 Service. It is the first in the world to deliver NEC c616 video mobile phones.

In January, Vanda Systems & Communications Holdings Limited (Vanda) conditionally agrees to purchase 100 per cent of Hutchison Global Communications Investments Limited (HGC), which wholly owns Hutchison Global Communications Limited (HGCL). Vanda conditionally agrees to buy 100 per cent of PowerCom Network Hong Kong Limited (PowerCom), an innovative provider of broadband services that can be accessed through power sockets. PowerCom is a joint venture between Cheung Kong Enterprises Limited, an indirect wholly owned subsidiary of Cheung Kong (Holdings) Limited, and CLP Telecommunications Limited, a wholly owned subsidiary of CLP Holdings Ltd.

In January, 3 Ireland announces signing off Heads of Terms for a national roaming agreement with Vodafone Ireland on Vodafone Ireland's 2G (GSM) network in the Republic of Ireland.

In February, Cheung Kong Infrastructure Holdings Limited announces merger of its concrete and quarry operations in Hong Kong between its subsidiary, Anderson Asia (Holdings) Limited, and the Hong Kong arm of Hanson PLC, one of the leading building materials suppliers across the globe. The partnership is on a 50-50 basis.