City Telecom -- Announcement in Relation to the Change of Company Name

Share Name	Share Symbol	Market	Type
Hong Kong Television Network Ltd. (MM)	NASDAQ:CTEL	NASDAQ	Common Stock

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Hong Kong Television Network Ltd. (MM)

NASDAQ:CTEL

NASDAQ

Common Stock

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City Telecom -- Announcement in Relation to the Change of Company Name

21/01/2013 10:58am

GlobeNewswire Inc.

Hong Kong Television Network Ltd. (MM) (NASDAQ:CTEL)
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Following the passing of a special resolution for the change of name of the Company by the Shareholders at the EGM on 31 December 2012, the Certificate of Change of Name was issued by the Registrar of Companies in Hong Kong on 10 January 2013.

In this respect, please note that the name of the Company has been changed from "City Telecom (H.K.) Limited" to "Hong Kong Television Network Limited" with effect from 10 January 2013. The shares of the Company will be traded on the Stock Exchange under the new Stock Short Name ("HKTV" in English and "香港電視" in Chinese") with effect from 28 January 2013 and the stock code of the Company remains unchanged.

For details, please visit the following link: http://www.hkexnews.hk/listedco/listconews/sehk/2013/0121/LTN20130121191.pdf

CONTACT: For Enquiries, please contact:
         Investor Engagement
         Mr. Andrew Kwan
         Tel: +852 3145 6051
         Email: investor_engagement@ctihk.com

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CTEL Hong Kong Television Network Ltd. (MM)