CNC-2006Annual Results Presentation.pdfVIP

2006 Annual Report China Netcom Group Corporation (Hong Kong) Limited April 2, 2007 HKSE: 906; NYSE: CN - 2 - HKSE: 906; NYSE: CN Agenda Overall Performance Business and Financial Results HKSE: 906; NYSE: CN Overall Performance Mr. Zuo Xunsheng Chief Executive Officer - 4 - HKSE: 906; NYSE: CN Forward-Looking Statements This presentation and the presentation materials distributed herewith include forward-looking statements. All statements, other than statements of historical facts, that address activities, events or developments that China Netcom Group Corporation (Hong Kong) limited (“China Netcom”) expects or anticipates will or may occur in the future (including but not limited to projections, targets, estimates and business plans) are forward-looking statements. China Netcom’s actual results or developments may differ materially from those indicated by these forward-looking statements as a result of various factors and uncertainties, including but not limited to the level of demand for telecommunications services, competitive forces in more liberalized markets, the effects of tariff reduction initiatives, changes in the regulatory policies, and other risks and factors beyond our control. In addition, China Netcom makes the forward-looking statements referred to herein as of today and undertakes no obligation to update these statements. - 5 - HKSE: 906; NYSE: CN Basis of Presentation The financial figures distributed herewith have been prepared in accordance with Hong Kong Financial Reporting Standards (“HKFRS”), Hong Kong Accounting Standards (“HKAS”) and interpretations issued by the Hong Kong Institute of Certified Public Accountants (‘‘HKICPA’’). They have also been prepared in accordance with the disclosure requirements of the Companies Ordinance and Rules Governing the Listing Securities on The Stock Exchange of Hong Kong Limited. They have been prepared under the historical cost convention modified by the revaluation of certain fi