HKBN Launches MEGA Theatre-On-Demand

Hong Kong Broadband Network Limited ("HKBN", a wholly-owned subsidiary of City Telecom (HK) Limited) (HKSE:1137) (Nasdaq:CTEL) proudly presents Hong Kong with an awesome new movie-watching experience! Kicking off the latest advertising campaign for our bbTV's MEGA Theatre-On-Demand, our customers can now enjoy six major thematic Theatre-On-Demand movie channels together with 46 international and local top-notch channels at just HKD119/month (~USD15/month).

By subscribing to the service, movie buffs no longer need to deal with piles of DVDs and can "run their own shows" with our gigantic movie library, which includes over 500 blockbusters movies from renowned international and local studios like Sony Pictures, Warner Bros., Universal, Golden Harvest and Media Asia, by simply one click, at any time, whenever they desire.

For more information on our bbTV's MEGA Theatre-On-Demand, please visit http://www.bbtv.com.hk/svod/en/

For the full Investor Memo, please download at: http://reg.hkbn.net/ctigroup_admin/files_upload/InvesterMemo_bbTVSVOD_E.pdf

About City Telecom/ Hong Kong Broadband Network Limited

Established in 1992, City Telecom (H.K.) Limited (HKSE:1137) (Nasdaq:CTEL) provides integrated telecommunications services in Hong Kong via its own self-built fiber network. City Telecom's wholly-owned subsidiary, Hong Kong Broadband Network Limited (HKBN), is the fastest growing broadband service provider in Hong Kong. HKBN offers a diversified portfolio of innovative products that service over 1,240,000 subscriptions for broadband, local telephony and IP-TV. The Company has built a solid market position with top-of-the-line applications and practices enabling its substantial growth. The company takes great pride in developing its over 3,000 Talent force into a competitive advantage. Additional information on City Telecom can be found at www.ctigroup.com.hk.

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