City Telecom Invites You to Our FY2012 Annual Results Announcement

City Telecom Invites You to Our FY2012 Annual Results Announcement

HONG KONG, Nov. 12, 2012 (GLOBE NEWSWIRE) -- City Telecom (H.K.) Limited
(HKSE:1137) (Nasdaq:CTEL) will announce its FY2012 annual results for year
ended 31 August 2012 on 21 November, Wednesday. You are cordially invited to
attend the Annual Results Announcement.

A: Asia Investors Invite: Hong Kong Presentation:

Presenters     :  Mr. Ricky Wong, Chairman
              :  Ms. TO Wai Bing, Chief Executive Officer
              :  Ms. Alice Wong, Chief Financial Officer
Date           :  Wednesday, 21 November 2012
Hong Kong Time :  5:30pm to 6:30pm
Venue          : Studio 1, W Hotel Hong Kong, 1 Austin Road West,
                Kowloon Station, Kowloon, Hong Kong

Please RSVP at [http://cti-local-investor.questionpro.com/]

B: Global Investors Invite: Dial-In Sessions:

Date                  : Wednesday, 21 November 2012
Eastern Standard Time : 10:00am (New York City Time)
                        Mr. Ricky Wong, Chairman; Ms. TO Wai Bing, Chief
Q & A                 : Executive Officer and Ms. Alice Wong, Chief Financial
                        Officer

A Dial-In Session will be available for all registered investors at 10:00am
(Eastern Standard Time), 21 November 2012.

Please RSVP at [http://cti-oversea-investor.questionpro.com/]

For registration or other enquiries, please contact: Mr. Andrew Kwan at +852
3145 6051 or by email at investor_engagement@ctihk.com. Registration will be
closed on the 16^th November 2012.

About City Telecom

City Telecom (H.K.) Ltd. is a Hong Kong and the U.S. listed company
(HKSE:1137) (Nasdaq:CTEL). Established in 1992, the Group possesses extensive
and successful experience in telecom market liberalization, popularizing
advanced technology & applications. The Group strives to expand its foothold
to the TV industry. Since 2011, Hong Kong Media Production Company Limited has
been aggressive in forming the dream team of artistes, production and creative
Talents, as well as artistes.

The Group will invest over HK$800 million in the next three years to build a
500,000 sq. ft. TV & Multimedia Production Centre, including the largest
studio in Asia with an area of 18,000 square ft. and post-production suite
equips with3D and Super High-definition production facilities. The production
center is expected to go into full operation in early 2014.

At commencement, City Telecom's TV business will broadcast 12 channels, and
will increase to 20 in 3 years. City Telecom targets to produce drama totaling
260 hours in 2012 and 650 hours in 2013. 104 hours of variety and infotainment
programs will also be produced in 2012 and 520 hours in 2013.

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

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