China Telecom Honored with "The Best of Asia - Icon on Corporate Governance" and Awards in IR, CSR and Other Aspects

HONG KONG,July 22,2019 -- China Telecom Corporation Limited ("China Telecom" or "the Company"; HKEx: 00728; NYSE: CHA)was awarded,for the 12th time,"The Best of Asia - Icon on Corporate Governance"in the "Corporate Governance Asia's Recognition Awards 2018",organized by Corporate Governance Asia,a prestigious regional journal on corporate governance. Inits "Asian Excellence Awards 2019",China Telecom was further honored with the following awards:

Best Investor Relations Company

Best Corporate Communications

Asia's Best CFO

"Corporate Governance Asia's Recognition Awards" honors corporates who have outstanding performance on various aspects including quality of management,their business model,growth prospects,financial performance and relative position in their industries. "Asian Excellence Awards" recognizes corporates' achievements and excellence in management acumen,financial performance,corporate social responsibility,environmental practices and investor relations.

Moreover,China Telecom snatched six China awards in "Asia's Best Managed Companies Poll 2019" by FinanceAsia:

No. 1 Best Managed Company

No. 1 Best Investor Relations

No. 1 Best ESG

No. 2 Best Growth Strategy

No. 2 Best CEO

No. 1 Best CFO

China Telecom's numerous awards by Corporate Governance Asia,FinanceAsia and other similar top competitions over the years testify to the capital market's high recognition of the Company's overall strategy and outstanding performance in corporate governance. More importantly,as the capital market attaches increasing importance to investor relations and corporate social responsibility,the Company's outstanding performance in relevant award groups reflects the remarkable result of its proactive response to investors' aspirations. China Telecom would like to sincerely thank the capital market,investors and analysts for their support,trust and commendation all along.

China Telecom Honored with "The Best of Asia - Icon on Corporate Governance" and Awards in IR,CSR and Other Aspects

Photo - https://photos.prnasia.com/prnh/20190722/2530477-1?lang=0