China Telecom : POSTPONEMENT OF EXTRAORDINARY GENERAL MEETING AND CHANGE OF BOOK CLOSURE PERIOD

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

中国电信股份有限公司

(A joint stock limited company incorporated in the People's Republic of China with limited liability)

References are made to the circular (the "Circular") and the notice (the "Notice") of the Extraordinary General Meeting of China Telecom Corporation Limited (the "Company") dated 3 November 2017. Unless otherwise indicated, capitalised terms used herein shall have the same meaning as those defined in the Circular and the Notice.

The board of directors of the Company announces that for reasons of meeting time arrangement, the EGM initially scheduled to be convened at 10:00 a.m. on 19 December 2017 will be postponed to 10:00 a.m. on 4 January 2018 (the "Postponed EGM"). The venue of the Postponed EGM will remain unchanged at 31 Jinrong Street, Xicheng District, Beijing, PRC.

The H Share Register of Members of the Company was initially scheduled to be closed from Saturday, 18 November 2017 to Tuesday, 19 December 2017 (both days inclusive), during which period no transfer of H Shares would be registered. In light of the postponement of the EGM, the H Share Register of Members of the Company will be closed, for the purpose of determining shareholders' entitlement to attend the Postponed EGM, from Monday, 4 December 2017 to Thursday, 4 January 2018 (both days inclusive), during which period no transfer of H Shares will be registered. In order to attend the Postponed EGM, holders of H Shares must lodge all share transfers, accompanied by the relevant share certificates, with Computershare Hong Kong Investor Services Limited at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong, not later than 4:30 p.m. on Friday, 1 December 2017 for registration. Holders of H Shares of the Company who are registered with Computershare Hong Kong Investor Services Limited on Thursday, 4 January 2018 are entitled to attend and vote at the Postponed EGM.

Due to the postponement of the EGM, the attendance slip and form of proxy for the EGM despatched to Shareholders on 3 November 2017 remain valid for the Postponed EGM or any adjournment thereof. If Shareholder has completed and returned the attendance slip and/or the form of proxy in accordance with the instructions printed thereon, such attendance slip and/or the form of proxy will remain valid and such Shareholder is not required to submit the attendance slip and/or the form of proxy again. If any Shareholder chooses to re-submit the attendance slip and/or the form of proxy, the last attendance slip and/or the last form of proxy received by the Company will revoke and supersede the attendance slip and/or the form of proxy previously submitted by such Shareholder.

Holders of H Shares and domestic shares who have not yet returned the form of proxy are advised to complete and deposit the form of proxy together with the power of attorney or other authorisation document (if any) signed by the authorised person or notarially certified power of attorney in accordance with the instructions printed thereon, to the General Affairs Office of the Company at 31 Jinrong Street, Xicheng District, Beijing 100033, PRC (Telephone: (8610) 5850 1508) (for holders of domestic shares) and to the Company's H share registrar, Computershare Hong Kong Investor Services Limited, at 17M Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong (for holders of H Shares), not less than 24 hours before the designated time for the holding of the Postponed EGM. Due to the postponement of the EGM, Shareholders intending to attend the Postponed EGM and who have not returned the attendance slip shall return the attendance slip via hand delivery, mail or fax to the General Affairs Office of the Company (for holders of domestic shares) or to Computershare Hong Kong Investor Services Limited (for holders of H Shares) on or before 14 December 2017.

Saved as disclosed in this announcement, all information and contents as set out in the Circular, the Notice, the attendance slip and form of proxy remain unchanged.

By Order of the Board

Joint Company Secretaries

Beijing, China, 13 November 2017

As at the date of this announcement, the Board of Directors of the Company consists of Mr. Yang Jie (as the chairman and chief executive officer); Mr. Ke Ruiwen, Mr. Sun Kangmin, Mr. Gao Tongqing and Mr. Chen Zhongyue (all as the executive vice presidents); Mr. Chen Shengguang (as the non-executive director); Mr. Tse Hau Yin, Aloysius, Madam Cha May Lung, Laura, Mr. Xu Erming and Madam Wang Hsuehming (all as the independent non-executive directors).