China Telecom Corporation Limited was voted seven years in a row by equity analysts at leading banks and financial institutions across the globe as "No. 1 Overall Best Managed Company in Asia" in Euromoney's "Best Managed Companies Survey 2016" ("the Survey"). In addition, China Telecom was also named as "No.1 Best Managed Company in Telecommunications Sector in Asia".

Organized by Euromoney, a leading international financial magazine, "Best Managed Companies Survey" is one of the most reputable polls in Asia. This is 17th year of the event and is highly recognized by capital market participants. In 2016, the Survey was based on the responses from 451 leading equity analysts at the leading investment banks and research institutes who were asked to nominate top listed companies in each region which were the most impressive across a number of factors including business strategy, corporate governance, senior management accessibility, financial information transparency, shareholder value and website content amongst others.

China Telecom Corporation Limited's 2015 Annual Report (print version) won six gold awards in 2016 International ARC Awards and one gold award in Vision Awards Annual Report Competition by League of American Communications Professionals LLC (LACP Vision Awards). The Company's 2015 online Annual Report has also won gold award in 2016 International ARC Awards and has been accredited two platinum awards in LACP Vision Awards.

International ARC Awards is the world's largest and independent international competition honoring excellence in annual reports and corporate communications, which is also branded as the "Academy Awards of Annual Reports" according to the financial media. Judges come from around the globe to participate on the ARC jury panels. Judging is based on the values of creativity, clarity, effectiveness, and excellence of the annual reports. This year the LACP Vision Awards Annual Report Competition drew nearly 1,000 submissions from a broad range of countries and industries as well as organizations with various scales. All entries were judged by a field of corporate communications professionals affiliated with LACP.

China Telecom Corporation Limited was voted by global investors as "Most Honored Companies in Asia" in the All-Asia-Executive Team Poll six years in a row since the poll's inauguration. The poll was organized by Institutional Investor, a highly regarded financial magazine. The Company was ranked consistently as "Asia's No. 1 Best Investor Relations Company in telecommunications sector". China Telecom also ranked as "No. 1 in telecommunications sector for Asia's Best Analyst Days" again for a consecutive two years since its inauguration. In addition, the Company's website has been ranked as "No. 1 in telecommunications sector for Asia's Best Websites" this year.

2016 All-Asia-Executive Team ranking, organized for the sixth year to recognize top Asia (ex-Japan) region's companies and executives, received opinions from over 1600 sell-side analysts, buy-side analysts and money managers at more than 660 financial institutions that collectively manage an estimated US$1.1 trillion in Asian (ex-Japanese) equities. The poll participants were asked to nominate best companies and executives who demonstrate excellence in a number of attributes in investor relations and corporate governance.

China Telecom ranked 124th in "The Forbes Global 2000" for the Year 2016, which was based on a composite ranking from four metrics: revenue, profits, assets and market value.

China Telecom ranked 132nd by revenue in "Fortune Global 500" for the year 2016. (Fortune July 2016 issue)

China Telecom Corporation Limited was honoured with the following corporate governance grand awards in the "Asian Excellence Awards 2016" organised by Corporate Governance Asia, a leading regional journal on corporate governance:

• "Best CFO"
• "Best Corporate Social Responsibility (CSR)"
• "Best Investor Relations"

"Asian Excellence Awards" are designed to recognise the achievements and excellence in management acumen, financial performance, corporate social responsibility, environmental practices and investor relations. The accolades are based both on the scores from the data that was submitted by readers and from interviews conducted with investors.

China Telecom Corporation Limited won two Platinum Awards, namely "Best Telecommunications Company in Asia" and "Best Company in China", by FinanceAsia, a reputable financial magazine in Asia. FinanceAsia's Platinum Awards honoured institutions and corporations in Asia which have consistently provided quality and innovation to their clients over the past 20 years.

In addition, FinanceAsia conducts "Asia's Best Companies" poll every year which invites portfolio managers and equity analysts to vote for the best managed companies in Asia. In its 2016 China country poll, China Telecom swept the following six awards:

• No. 1 Best Managed Company
• No. 2 Best CEO
• No. 1 Best CFO
• No. 1 Most Committed to Corporate Governance
• No. 1 Best Investor Relations
• No. 1 Best Corporate Social Responsibility

China Telecom Corporation Limited was awarded "The Best of Asia - Icon on Corporate Governance" in Corporate Governance Asia's Recognition Awards 2015.

The award is in recognition of corporate who has outstanding performance in various aspects including overall corporate governance track record, management discipline, disclosure and transparency, the discipline of the board of directors and its sub-committees, investor relations practices and corporate social responsibility practices.

China Telecom Corporation Limited was voted, for the second year in a row, "No.1 Best Investor Relations in Communications sector" at IR Magazine Awards - Greater China 2015, among the nominees including the large telecommunications service providers and leading internet companies in the region. This reaffirms the Company's excellent investor relations and corporate governance, and strong commitment to a high standard of transparency.

The winners are decided solely by an independent survey of investors and analysts, all of whom are located in the region. This year, IR Magazine received votes from around 400 investors and analysts to the poll. Just as in IR Magazine's other awards in Europe and the Americas, investors and analysts are asked to vote for the company giving them the best IR service in each awards category.

China Telecom Corporation Limited was accredited with "Platinum Award - Excellence in Governance, CSR & Investor Relations Benchmarking" in the poll of "Corporate Awards 2015" by The Asset, a reputable financial magazine in Asia. In addition, China Telecom was honoured with "Best Initiative in Social Responsibility" award. The platinum award winners have attained rigorous standards in all categories of corporate endeavors: corporate governance, management acumen, financial performance, social responsibility, environmental responsibility and investor relations based on a ranking of listed companies in Asia by leading investment professionals and research analysts.