PCCW Powerb@se and Asia Online Provisional Liquidators Agree On Referral Arrangement for former Asia Online Customers

Deal offers efficient and technically supported migration to PCCW, allowing former Asia Online customers to continue client services

Hong Kong November 1, 2001 ?PCCW Powerbase Data Center Services (HK) Limited (PCCW Powerb@se) and the provisional liquidators of Asia Online (Hong Kong) Limited (AONL-HK) have signed a memorandum of understanding whereby the provisional liquidators of the recently closed data services company will refer former AONL-HK customers to PCCW Powerb@se.

The proposed agreement will contain an exclusive referral period of one month. The parties will ensure that former AONL-HK customers are provided with information and technical support in the transfer of their services to PCCW Powerb@se if they so choose.

"The data-center services industry today is going through a turbulent period of consolidation. More than ever, customers need stability and confidence in their data center service provider," said PCCW Powerb@se President Joseph Ma.

"PCCW and the provisional liquidators are cooperating closely towards ensuring that former AONL-HK customers are given the opportunity to be transferred conveniently and efficiently to Powerb@se."

Mr. Ma assured anxious former AONL-HK customers that co-location and Internet access services would be provided under similar terms and conditions as from AONL-HK if they agree to migrate.

He noted that PCCW Powerb@se successfully provided similar support to former customers of iAsiaWorks (HK) Limited when that company ceased operations in July 2001.

"We understand nothing is as crucial to our customers as a smooth and secure flow of business at all times," said Mr. Ma. "The provisional liquidators are also providing technical support personnel, who will work closely with our technical staff during the migration."

Provisional Liquidator Gabriel Tam of KPMG, said "We are pleased that we have been able to facilitate a process whereby the customers of AONL-HK will have the opportunity to enjoy uninterrupted internet services, while at the same time maximizing the recoverable value of this business for its creditors."

For Customer Inquiries, please contact:
PCCW Powerbase
Tel: (852) 2888-7125

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About Powerb@se

Powerb@se is PCCW Internet data-center service, offering Web hosting, application hosting and other value-added services to corporations that require mission-critical solutions. It is one of the region's leading e-business-infrastructure service providers.

Powerb@se offers regional network services in Hong Kong, China, and Taiwan, delivering top-quality, round-the-clock services of exceptional security, connectivity, reliability and immediate support. Powerb@se also offers comprehensive, value-added, network-management solutions and professional services to meet and exceed corporations' future expansion needs.

Further information on Powerb@se is available at

About PCCW

Pacific Century CyberWorks Limited (SEHK: 0008, ADR-NYSE: PCW), the Hong Kong-listed flagship of the Pacific Century Group, is one of Asia's leading integrated communications companies. From its market-leading position in Hong Kong, PCCW is focused on building shareholder value by leveraging synergies between its core businesses and partners, and by delivering customer-led total solutions throughout Asia, particularly in greater China. PCCW provides key services in the areas of: integrated telecommunications; broadband solutions; mobility and connectivity; narrowband and interactive broadband (Internet Services); business e-solutions; data centers and related infrastructure.

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