Recognition & Awards

China Telecom Corporation Limited's 2007 Annual Report won the gold award in the category of "Annual Reports: Telecommunications" in the "Galaxy 2008 Awards", the world's most reputable competition in product and service marketing.

"Galaxy Awards" is the one of world's largest and highly respected international competition honoring excellence in professional corporation communications. There were altogether about 600 entries from 16 countries participating in this year (the 19th) contest. The annual report awards in the "Galaxy Awards" are to honor those international annual reports with effective communications with readers, outstanding designs and innovation.

China Telecom ranked 288th by revenue and 231st by profit in "Fortune Global 500" for the year 2008. (Fortune July 2008 issue)

In accrediting Asia's Best Companies 2008 by FinanceAsia, China Telecom Corporation Limited was ranked the top in the "Best Managed Company - China". In addition, the company was awarded the 1st runner-up in the "Best Corporate Governance - China", the "Best Investor Relations - China" and the 2nd runner up in the "Most Committed to a Strong Dividend Policy - China", winning a total of four prizes.

Hong Kong renowned financial journal CAPITAL awarded China Telecom Corporation Limited "The CAPITAL Outstanding China Enterprise Awards - Telecommunications" for three consecutive years. The award's judging criteria were mainly formulated in terms of the overall performance of the enterprise, goodwill, corporate governance, operation management, market position and financial performance, which aims to honor the contribution Chinese enterprises have made to the economy.

The corporate website of China Telecom Corporation Limited (www.chinatelecom-h.com) has been accredited as the "Best Investor Relations Website" in China in "IR Global Rankings 2008".

"IR Global Rankings" is an internationally renowned annual ranking on the effectiveness of investor relations. It was launched by MZ Consult NY LLC, a leading international investor relations and financial communications consulting firm, and was supported by international institutions including NYSE Euronext, KPMG, Bloomberg, The Bank of New York Mellon and PR Newswire, etc. There were more than 160 companies from 32 countries participating in this year's "IR Global Rankings", which was the 10th annual ranking.

China Telecom ranked 168th in "The Forbes Global 2000" for the Year 2008, which was based on a composite ranking from four metrics: sales, profits, assets and market value.

China Telecom Corporation Limited has been awarded "Asia's Best Managed Fixed Telecom Company" in the "Asia's Best Managed Companies 2008" ranking by Euromoney, an international reputable financial magazine.

Euromoney's Asia best managed and governed company ranking is based on a survey of 128 leading fund managers and market analysts at major investment banks in Asia Pacific regions. There are totally 470 listed companies participating in the ranking this year.