HGC HOLDINGS<00757> - Unusual price & volume movements

The Stock Exchange has received a message from Hutchison Global
Communications Holdings Limited which is reproduced as follows:-

"This statement is made at the request of The Stock Exchange of Hong Kong 
Limited.

The directors of Hutchison Global Communications Holdings Limited (the "
Company")  have noted the recent increase in the price and trading volume 
of the shares of the Company (the "Unusual Movements") and wish to state 
that, save and except for the potential proposal of Hutchison 
Telecommunications International Limited ("HTIL") to privatise the Company 
as disclosed in the joint announcement made by the Company and HTIL on 3 
May 2005, they are not aware of any reasons for the Unusual Movements.

The directors of the Company also confirm that, there are no negotiations 
or agreements relating to intended acquisitions or realisations which are 
discloseable under Listing Rule 13.23 and neither is the Board of the 
Company aware of any matter discloseable under the general obligation 
imposed by Listing Rule 13.09, which is or may be of a price-sensitive 
nature.

Made by the order of the Company the Board of the directors of which 
individually and jointly accept responsibility for the accuracy of this 
statement.


By Order of the Board
Edith Shih
Company Secretary

Hong Kong, 4 May, 2005

Executive Directors:                  Non-executive Directors:
Mr FOK Kin-ning, Canning (Chairman)   Mr Tuan LAM
Mr LAI Kai Ming, Dominic              Mr YANG Paul Chunyao
(Deputy Chairman)                     (alternate to Tuan Lam)
Mrs CHOW WOO Mo Fong, Susan                
Mr Frank John SIXT                                      
Mr LUI Pok Man, Dennis 
Mr WONG King Fai, Peter               Independent Non-executive Directors:
Mr KAN Ka Wing, Frankie               Dr LAM Lee G.
Ms CHAN Wen Mee, May                  Mr CHEONG Ying Chew, Henry  
Mr LAM Hon Nam                        Mr CHENG Ming Fun, Paul"