PCCW now TV hits the 1 million subscriber mark

HONG KONG — PCCW Limited (the “Company”) [SEHK:0008] today reported the audited consolidated results of the Company and its subsidiaries (the “Group”) for the year ended December 31, 2009.

now TV continued to boost the variety and quality of its programming and carried the widest selection of content line-up with more than 170 channels and on-demand service of local, Asian and international programming at the end of December 2009. now TV also hit its millionth mark during the year, with the installed subscriber base increasing by 5% to reach 1,001,000 at the end of December 2009. Installed base ARPU also increased to HK$174 at the end of December 2009, from HK$171 a year earlier.

                                      2009          2008  Better/
                              ------------  ------------  (Worse)
                                 H1     H2     H1     H2    y-o-y
                              -----  -----  -----  -----  -------
now TV installed base ('000)    992  1,001    927    953       5%

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