Subsidiaries of Hutchison Whampoa Limited Announce a Status Update of the Offer to Exchange Any and All of the 5.45% Guaranteed Notes Due 2010 and the 7.00% Guaranteed Notes Due 2011 for the 4.625% Guaranteed Notes Due 2015

By Prne, Gaea News Network
Sunday, October 11, 2009

NEW YORK -

Hutchison Whampoa International (03/33) Limited (”HWI (03/33)”), an exempted company with limited liability under the laws of the Cayman Islands and a wholly-owned subsidiary of Hutchison Whampoa Limited (the “Company”), and Hutchison Whampoa International (01/11) Limited (”HWI (01/11)”), a BVI business company with limited liability under the laws of the British Virgin Islands and a wholly-owned subsidiary of the Company, and Hutchison Whampoa International (09/16) Limited (the “Issuer”), an exempted company with limited liability under the laws of the Cayman Islands and a wholly owned subsidiary of the Company, hereby announce that, in connection with the previously announced exchange offer (the “Exchange Offer”) of the notes listed below for the Issuer’s 4.625% Guaranteed Notes due 2015 (the “New Notes”), the following principal amounts of the notes have been tendered as of 5:00 p.m. New York City time, on October 8, 2009:

Principal Principal Title of Amount Maturity Amount Security Issuer Outstanding(1) Date Tendered ——— —— ————— ——– ——— 5.45% Hutchison US$1,500,000,000 November US$120,478,000 Guaranteed Whampoa 24, 2010 Notes due International 2010 (03/33) Limited (144A - CUSIP 44841SAA7; Regulation S - CUSIP G4672CAA3) 7.00% Hutchison US$1,500,000,000 February US$64,832,000 Guaranteed Whampoa 16, 2011 Notes due International 2011 (01/11) Limited (144A - CUSIP 44841HAC7; Regulation S - CUSIP G4671XAC4; Restricted Individual Note - CUSIP 44841HAE3) (1) The Company and its affiliates hold in the aggregate US$310,523,000 principal amount of the 2010 Notes, and US$264,410,000 principal amount of the 2011 Notes.

The full terms and conditions of the Exchange Offer are set forth in the Offering Memorandum dated September 24, 2009.

The expiration date of the Exchange Offer will be 12:00 midnight, New York City time, on October 23, 2009.

The Issuer’s obligations to accept any Existing Notes tendered and to issue New Notes in exchange for them are set forth solely in the Offering Memorandum and the accompanying Letter of Transmittal.

The New Notes have not been, and will not be, registered under the Securities Act or the securities laws of any other jurisdiction. Unless they are registered, the New Notes may be offered only in transactions that are exempt from registration under the Securities Act or the securities laws of any other jurisdiction. Prior to the receipt or review of the Offering Memorandum or participation in the exchange offer, each holder of Existing Notes (or a custodial entity acting on its behalf) must certify that it is a (a) “qualified institutional buyer”, as that term is defined in Rule 144A of the Securities Act, and is acquiring the New Notes for its own account or for a discretionary account or accounts on behalf of one or more qualified institutional buyers or (b) a person located outside the United States or a fiduciary holding accounts for the benefit of non-U.S. persons, as those terms are defined in Regulation S under the Securities Act. Only holders of Existing Notes who have completed the certification are authorized to receive or review the Offering Memorandum or to participate in the exchange offer.

This announcement is neither an offer to purchase nor a solicitation of an offer to sell or exchange the Existing Notes or the New Notes. The exchange offer is made only by, and pursuant to the terms of, the Offering Memorandum, and the information in this announcement is qualified by reference to the Offering Memorandum and the accompanying Letter of Transmittal. If any Holder is in any doubt as to the action it should take, it is recommended to seek its own legal, tax and financial advice, including as to any tax consequences, from its stockbroker, bank manager, counsel, accountant or other independent financial adviser. None of the Issuer, the Company, the Dealer Manager, the Exchange Agent and Information Agent or any of their respective affiliates, makes any recommendation as to whether or not any Holder should tender Existing Notes held by them pursuant to the exchange offer. Subject to applicable law, the Issuer may amend, extend or, subject to certain conditions, terminate the exchange offer.

Persons with questions regarding the exchange offer should contact Thomas O’Connor at Morgan Stanley in New York at +1-800-624-1808 (toll free) or +1-212-761-5384 (collect). In Hong Kong, questions may be directed to Meng Gao at +852-2848-5961.

Requests for copies of the Offering Memorandum, Letter of Transmittal and related materials should be directed to D.F. King & Co., Inc., the Information Agent and Exchange Agent for the exchange offer, at +1-212-269-5550 (for banks and brokers only) or +1-800-431-9633 (for all others and toll-free).

Neither this announcement nor the Offering Memorandum and accompanying Letter of Transmittal constitutes an offer to purchase in any jurisdiction in which, or to or from any person to or from whom, it is unlawful to make such offer under applicable securities laws and tenders of Existing Notes pursuant to the exchange offer will not be accepted from Holders thereof in any jurisdiction where such invitation or tender is unlawful.

Source: Hutchison Whampoa International

Tom Long of D.F. King & Co., Inc., +1-212-493-6920, tlong at dfking.com

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