Unleashing the Power of Business Through Tri-carrier Network Diversity and a Full Suite of ICT Services

HONG KONG, CHINA - MediaOutReach - 2 September 2019 - HKBNLtd. ("HKBN"; SEHK stock code: 1310) announced today that integration of its enterprisesolutions businesses is now largely completed,just fourmonths after the acquisition of WTT HK Limited ("WTT"). WTT has been renamed to HKBN Enterprise SolutionsHK Limited.

As HKBN realizes synergiesand scale, it is now in a far stronger position to offer better valuealternatives than the legacy incumbent HKT. HKBN is wellontrack:

• Tobe theonly telecom operator in Hong Kong operating three fibre-optic networks,achieving unprecedented network diversity with ultra-high resilience andnetwork reliability. The combined coverage of thethree networksencompasses over 7,000 commercial buildings and facilities across Hong Kong.
• Tobe in a position to offer a comprehensive range of premier ICT solutions tosupport the wide-ranging business needs of enterprise customers across differentindustries and scale of operations. This position will befurther strengthened with the upcoming addition of JOS.
• Toharvestcross-selling opportunities and expand its enterprisemarket presence with an enterprise customer base of more than 100,000.

Billy Yeung, HKBN Co-Owner and CEO -- Enterprise Solutionssaid, "Our aspiration is to become the primary carrier of choice within theEnterprise segment. With our unique tri-carrier network diversity and scale fromthe integration of HKBN, NWT and WTT, we are now strongly positioned to delivera compelling service and value alternative to HKT. Just like HKBNES' mantra, "Unleashingthe Power of Business" we are here to empower our customers to advance their businesses."

NiQ Lai, HKBN Co-Owner andGroup CEO added, "The lesson we learnt from the NWT integration back in 2016was a great warm-up for this WTT integration. HKBN is the only carrier run byCo-Owners and similar to how NWT executives became our Co-Owners, we will beoffering a similar opportunity to our WTT colleagues. As Co-Owners, we care farmore than merely salaried employees and are far more empowered to do whateverit takes to partner with our customers rather than merely selling services to them."

Currently HKBN is run byover 300 Co-Owners -- supervisory-and-above-level Talents who have voluntarily investedtheir savings in HKBN stock. Following the recent approval of a new round ofCo-Ownership Plan¹, around 1,000 Talents are eligible to join thePlan to have strong interest alignment with shareholders andcustomers.

About HKBN Ltd.

HKBN Ltd. (SEHK Stock Code: 1310, together with itssubsidiaries, "HKBN" or the "Group") is an investment holding company. TheGroup is a leading Information and Communications Technology (ICT) servicesprovider in Hong Kong, offering a comprehensive range of premier ICT servicesto both the enterprise and residential markets, including broadband, dataconnectivity, managed Wi-Fi, mobile, voice communications, data centrefacilities, business continuity services, information security, systemintegration and various cloud solutions. HKBN's extensive fibre networks cover2.3 million residential homes and over 7,000 commercial buildings andfacilities across Hong Kong. HKBN embraces "Make our Hong Kong a Better Placeto Live" as its core purpose, and it takes great pride in developing itsTalents into a competitive advantage. The Group is managed by Co-Owners(supervisory and management level Talents in the Group) who have invested theirown savings to buy shares of HKBN Ltd.