Hong Kong, November 9, 2000 -- Powerb@se, the data center service business of Pacific Century CyberWorks ("PCCW" SEHK: 0008) today announced an agreement with VeriSign Global Registry Services (a division of Network Solutions, Inc., a wholly owned subsidiary of VeriSign, Inc.) to host one of 12 global domain name system (DNS) servers for the .com, .net and .org top-level domains.

Under the agreement, Powerb@se will provide co-location facilities, Internet connectivity, and remote hands-on support for the name server in its Hong Kong data centers.

The DNS servers are critical to the basic functioning of the Internet, representing the first step in the process leading users to Web sites using a domain name (e.g. www.pbase.net or www.verisign.com). Positioning the DNS servers at key geographic and topological locations throughout the world helps improve response time and availability for the increasingly global Internet community.

"We selected Powerb@se as a partner in hosting the name servers because of their professional service, outstanding performance in network architectures and their excellent system reliability and availability," said Bruce Chovnick, general manager of VeriSign Global Registry Services.

"We are delighted that VeriSign GRS has selected Powerb@se to host the Hong Kong name server, leveraging the proven network performance of our data centers for high-volume data transmission over the Internet," said Joseph Ma, president of Data Center and Web-Hosting Services, Net Enterprises of PCCW.

"This partnership is further evidence of our commitment to become the leading provider of e-business infrastructure services for mission-critical Internet operations of enterprise corporations and for the overall development of e-business in Hong Kong and Asia."

To meet an ever-increasing volume of data traffic generated by cross-border Internet activities, Powerb@se plans to upgrade existing Internet connectivity with OC3 (Optical Carrier Level 3 at 155 Mbps) connection internationally, and enhance Hong Kong's exchange network speed.

About Powerb@se

Powerb@se is a trademark of the Pacific Century CyberWorks (PCCW) corporate group under which PCCW provides data center services. In addition to the data center services, Powerb@se is also one of the leading e-business infrastructure services providers on an Internet hosting platform designed for enterprise corporations with mission-critical Internet operations requirements. Its carrier class data centers provide exceptional security, connectivity, reliability, and immediate round-the-clock support to ensure the best quality of service delivered. Further, Powerb@se offers comprehensive value-added network management solutions and professional services to meet and exceed corporations' future expansion needs. Its infrastructure is managed through Internet data centers in Hong Kong, the PRC, Singapore and Taiwan.

Powerb@se currently occupies approximately 300,000 sq. ft. of floor space, housing mission-critical communications equipment and customized solutions in six world-class centers located throughout the territory. Bringing together its local capabilities and extensive regional coverage with existing data centers, Powerb@se plans to extend its services to Kuala Lumpur, Bangkok and Jakarta.

About Pacific Century CyberWorks (PCCW)

PCCW is the Hong Kong-listed technology flagship of the Pacific Century Group. PCCW is one of the largest Internet companies in the world by market capitalization.

Focused on global growth, PCCW is developing a full spectrum of broadband Internet capabilities, and is aiming to become a premier provider of telecommunications, digital technology and new media services. With the August 2000 PCCW-Cable & Wireless HKT merger, the Company has developed an innovative 8 X 3 business model that runs eight business units within three operating sectors:

• Telecommunications Services - Includes PCCW-HKT. Principally comprising telecommunications and other value-added services based on the Company's fiber-optic network in Hong Kong.
• Global Communications Services - Mobility and global connectivity services.
• Net Enterprises - NOW, B2B business services, data center services and CyberWorks Ventures, which takes strategic positions in core businesses.

Infrastructure Services directly supports all three sectors. To learn more about Pacific Century CyberWorks, go to www.pcg-group.com.