Document:

Co-operation Agreement dated December 21, 2005

 Exhibit 4.97 
 21 December 2005 
 HUTCHISON TELECOMMUNICATIONS 
 INTERNATIONAL LIMITED 
 ORASCOM
TELECOM HOLDING S.A.E. 
  

 CO-OPERATION AGREEMENT 
  

  

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 THIS CO-OPERATION AGREEMENT (this “Agreement”) is made on
21 December 2005 (the “Effective Date”) 
 BETWEEN: 
 HUTCHISON TELECOMMUNICATIONS INTERNATIONAL LIMITED, a company incorporated in the Cayman Islands, having its registered office at Century Yard, Cricket Square, Hutchins Drive, P.O. Box 2681 GT, George Town,
Grand Cayman, British West Indies and its correspondence address at 20/F, Hutchison Telecom Tower, 99 Cheung Fai Road, Tsing Yi, Hong Kong (“HTIL”); and 
 ORASCOM TELECOM HOLDING S.A.E., a company established in accordance with the laws of the Arab Republic of Egypt and with its principal place of business at 2005A Nile City Towers, Cornish El Nile, Ramlet
Beaulac, Cairo, Egypt (“OTH”). 
 (HTIL and OTH are hereinafter referred jointly as “Parties” and individually as
“Party”.) 
 WHEREAS: 
  

	(a)	A fundamental basis for OTH’s investment in HTIL is achievement of the commercial, operational and technological synergies and other benefits contemplated by this Agreement,
especially as regards the supply of Network Equipment and services. 

  

	(b)	It is the Parties’ mutual objective to achieve leadership in their respective markets by building on their skills as well as their strengths and knowledge in those markets.

  

	(c)	The Parties have agreed to enter into this Agreement to record their intention to enter into mutually beneficial co-operation in accordance with the terms and conditions set out in
this Agreement. 

 NOW IT IS HEREBY AGREED as follows: 
  

	1.	Objectives 

  

	1.1	The Parties desire to achieve commercial, operational and technological synergies and other benefits and will co-operate in the areas set out in Schedule 1 to this Agreement:

  

	 	(a)	to obtain the most favourable pricing and to maximise such other benefits as can be extracted from suppliers; 

  

	 	(b)	to share know-how and experience; and 

  

	 	(c)	to share research and development. 

  

	1.2	The Parties will co-operate at all levels and make available appropriate management team resources from their respective organizations to achieve the objectives described in Clause
1.1 (the “Objectives”). 

  

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	2.	Steering Committee  

  

	2.1	The Parties shall establish a Steering Committee consisting of six members no later than 30 days after the Effective Date. Each Party shall be entitled to nominate three members to
the Steering Committee and such members shall be board level officers such as the Chief Executive Officer, Executive Director or Chief Technology Officer of the relevant Party. Each Party shall allow its committee members to appoint alternates.

  

	2.2	Subject to the obligations set out in Clause 4, the role of the Steering Committee shall be to: 

  

	 	(a)	manage the overall strategy and scope of this Agreement including regularly review the efficacy of the provisions hereof; and 

  

	 	(b)	review any purchase orders issued to or any new purchasing arrangements as regards Network Equipment entered into with suppliers by each Party or its Group Members since the last
Steering Committee with a purchase value over US$2,000,000.00 or such other amounts as determined by the Steering Committee from time to time. 

  

	2.3	The Steering Committee shall meet not less than once every two months or, on an ad hoc basis, whenever requested by either Party. Meetings can be held, or members of the Steering
Committee can participate in a meeting, by means of telephone conference, video conference or similar communications equipment. 

  

	2.4	The Steering Committee shall use its best endeavours to agree on a joint procurement process in accordance with Clause 4 not later than 60 days after its first meeting.

  

	2.5	Notwithstanding the establishment of the Steering Committee, the Parties contemplate that co-operation between themselves shall be continuous and shall occur on both a formal and
informal basis. 

  

	3.	Areas of Co-operation 

  

	3.1	In order to achieve the Objectives, the Parties agree to co-operate in certain areas, including but not limited to: 

  

	 	(a)	establishing a common data base with respect to their suppliers, which would contain, among other things, information on technical specifications and prices for Current Network
Procurement Agreements and Future Network Procurement Agreements except to the extent that any legal obligation of the OTH Group or HTIL Group would be breached, with the Parties agreeing to use their best endeavours to achieve this result as
regards Current Network Procurement Agreements; 

  

	 	(b)	organizing joint communications to inform their suppliers of the arrangements arising under this Agreement; 

  

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	 	(c)	periodic meetings involving procurement specialists representing both Parties to determine strategy and to implement such strategy on an ongoing basis; and 

 

	 	(d)	investigate options for aligning and exploiting synergies between them as and when they arise, including the use of joint or co-branded products targeting markets where they have
controlled operations. 

  

	3.2	The Parties shall use their reasonable endeavours to negotiate in good faith such other agreements as may be necessary to implement co-operation in the areas set out in Schedule 1.

  

	4.	Vendors  

  

	4.1	The Parties shall on a regular basis identify and agree to a list of vendors (each a “Vendor” and collectively the “Vendors”) that supply Network
Equipment and services to entities within the OTH Group and HTIL Group respectively and share information on the scale and timing of their respective future requirements in the area of network procurement. Either Party may identify additional
Vendors by giving written notice to the other Party to that effect. 

  

	4.2	The Parties shall jointly identify and contact Vendors considered as likely sources of supply of Network Equipment and/or services. The Parties shall also co-ordinate their
communications with investors and other market participants in order to notify them of the synergies and other benefits being achieved as a result of the arrangements arising under this Agreement. 

  

	4.3	Subject to commercial and operational conditions within a particular local market, the Parties shall use their reasonable endeavours to maximize the number of common Vendors with
which each of them does business. 

  

	4.4	For all Future Network Procurement Agreements (or other legal instrument in which the provision of supply is documented) each Party shall ensure that such agreements permit
disclosure of the terms and conditions of such Network Procurement Agreements (including but not limited to all pricing information) to the other Party or entities within the OTH Group or the HTIL Group (as applicable), with the Parties agreeing to
use their reasonable endeavours to achieve this result as regards Current Network Procurement Agreements (or other legal instrument in which the provision of supply is documented). 

  

	4.5	 Each Party shall as regards Future Network Procurement Agreements (or other legal instrument in which the provision of supply is documented), with the Parties
agreeing to use their reasonable endeavours as regards Current Network Procurement Agreements (or other legal instrument in which the provision of supply is documented) to, include provisions (the “Required Contractual Provisions”)
to the effect that the Vendors shall offer the specified Network Equipment and/or services to the other Party or entities within the OTH Group or HTIL Group (as applicable) according to terms and conditions (including but not limited to unit pricing
and volume discounts) no less favourable than those set forth in such agreements adjusted to reflect local costs (such as for civil engineering works or labour) prevailing in a particular market 

  

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 OTH may agree from time to time to exclude market specific prices from the Required Contractual
Provisions for any market. 
  

	4.6	The Parties shall jointly approach Vendors to negotiate a discount sharing arrangement based on the cumulative purchases by volume amount expressed in U.S. dollars by both Parties
from such Vendor. Such arrangement shall be designed to extract discounts (the “Additional Volume Discounts”) in addition to whatever Party has agreed in its individual Network Procurement Agreements. 

  

	 	The Parties agree that whatever Additional Volume Discounts are obtained as a result of their joint efforts shall be shared by them on a pro rata basis according to their
respective contributions towards obtaining the Additional Volume Discounts, with the details of this arrangement to be determined by the Steering Committee. 

  

	4.7	Each Party shall, and shall procure that each of its Group Members shall, exclude from a particular procurement procedure as regards a Future Network Procurement Agreement any
Vendor that does not agree to inclusion of the Required Contractual Provisions until such time as such Vendor agrees in writing to inclusion of the Required Contractual Provisions. 

  

	4.8	For the avoidance of doubt, the Parties acknowledge that the Required Contractual Provisions or the Additional Volume Discounts may be documented in a legal instrument separate from
a specific Network Procurement Agreement. 

  

	4.9	The Parties agree that Clauses 4.5 and 4.7 may not apply in relation to the exceptional cases set out in Schedule 2 (the “Exceptional Cases”). The Steering
Committee may unanimously determine whether other situations requiring performance of the Parties’ obligations pursuant to Clauses 4.5 and 4.7 constitute and/or should be added to the list of Exceptional Cases (the “Additional
Exceptional Cases”). When determining whether or not an Additional Exceptional Case exists the Steering Committee shall be guided by the general principle that the obligations set out in Clauses 4.5 and 4.7 shall not apply to a particular
Network Equipment procurement procedure if performance of such obligations causes or would cause either Party to suffer a material economic loss. Each Party shall use its best endeavours to ensure that the OTH Group or the HTIL Group (as applicable)
shall engage in procurement procedures such that they do not constitute Exceptional Cases or Additional Exceptional Cases. 

  

	 	The Parties further agree, to the extent that prevailing commercial and economic conditions allow, to limit their purchase volumes from any Vendor that does not agree to the
Required Contractual Provisions in the event that an Exceptional Case or an Additional Exceptional Case exists. 

  

	4.10	The provisions of this Clause 4 shall not apply to any Future Network Procurement entered into within 15 days of the date on which this Agreement is executed by the Parties.

  

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	5.	Costs 

  

	 	Each Party shall pay its own costs, charges and expenses incurred in connection with negotiating, preparing and implementing this Agreement and any transactions contemplated by it
(including but not limited to any costs of participating in the meetings of the Steering Committee or meetings of procurement specialists). 

  

	6.	Confidentiality 

  

	6.1	Each Recipient shall, during the term of this Agreement and for two years thereafter, keep the confidentiality of any Confidential Information which may be obtained under this
Agreement in strict confidence. To this end, each Recipient shall not, without the Disclosing Party’s prior written consent: (a) disclose any Confidential Information to any Third Party; or (b) use any Confidential Information for any
purpose other than as specified in this Agreement. 

  

	6.2	The obligation of confidentiality under Clause 6.1 does not apply to: 

  

	 	(a)	the disclosure of information to the extent required to be disclosed by law, any stock exchange regulation or any binding judgment, order or requirement of any court or other
competent authority; 

  

	 	(b)	information which is publicly available or becomes publicly available (otherwise than as a result of a breach of this Clause 6); 

  

	 	(c)	information within the possession of a Party prior to its being furnished to such Party pursuant hereto, provided that the source of such information was not known to be bound by a
confidentiality agreement with or other contractual, legal or fiduciary obligation of confidentiality to the other Party with respect to such information; 

  

	 	(d)	information that becomes available to a Party on a non-confidential basis from a source other than the other Party, provided that such source is not known to be bound by a
confidentiality agreement with or other contractual, legal or fiduciary obligation of confidentiality to the other Party with respect to such information; 

  

	 	(e)	the Parties agree in writing is not Confidential Information; or 

  

	 	(f)	the disclosure of information by OTH to any other OTH Group Member or by HTIL to any other HTIL Group Member. 

  

	6.3	Each Recipient shall inform its directors, officers and employees and its bona fide professional consultants, advisors or auditors, or those of any OTH Group Member or any HTIL
Group Member (as the case may be), to whom it provides Confidential Information, that such information is confidential and shall instruct them: 

  

	 	(a)	to keep it confidential; and 

  

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	 	(b)	not to disclose it to any Third Party (other than those persons to whom it has already been disclosed in accordance with the terms of this Agreement). 

 The Recipient shall be responsible for any breach of this Clause 6 by the person to whom it is disclosed. 
  

	6.4	For the purpose of this Agreement, 

 “Confidential
Information” means any and all information disclosed by or on behalf of the Disclosing Party (as defined below) to the Recipient (as defined below) hereunder (whether before or after the date of this Agreement, in writing, verbally or otherwise
and whether directly or indirectly), including but not limited to information regarding the business and operations and agreements entered into by OTH Group Members or HTIL Group Members (as applicable) and any analyses, compilations, notes,
studies, memoranda or other documents derived from, containing or reflecting such information; 
 “Disclosing Party” means a Party
that has disclosed Confidential Information to the other Party under this Agreement; 
 “OTH Group Member”, “HTIL Group
Member” or a “Group Member” of a Party means any subsidiary companies of OTH or HTIL, as the case may be, and “OTH Group” and “HTIL Group” shall mean OTH or HTIL (as applicable) and the group comprising all OTH
Group Members and all HTIL Group Members respectively; 
 “Recipient” means a Party that is a recipient of Confidential Information
from a Disclosing Party; and 
 “Third Party” means any third party except for directors, officers and employees or bona fide
professional consultants, advisors or auditors of the Receiving Party who need to have access to Confidential Information for the purpose of this Agreement. 
  

	6.5	Each Party acknowledges that a breach of this Clause 6 may cause the other Party irreparable damage for which monetary indemnity may not be an adequate remedy. Accordingly, in
addition to other remedies that may be available, either Party may seek and obtain injunctive relief against such a breach or threatened breach in any relevant country. 

  

	7.	Intellectual Property 

 It is understood by the
Parties that this Agreement will not be intended to develop any proprietary works containing any type of intellectual property rights, and that neither Party shall be obliged to disclose or grant a license of its know-how, patents, registered
designs, utility models, copyrights, database rights and topography rights (including any applications for any of the foregoing and the right to apply therefore in any jurisdiction) to the other Party unless and until otherwise agreed by the
Parties. 
  

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	8.	Term and Termination 

  

	8.1	This Agreement shall commence on the Effective Date but (except for this Clause 8, Clause 4.10 and Clauses 11 through 22) its performance shall be conditional upon occurrence of the
closing of the share purchase agreement of even date herewith and entered into by and between, among others, Hutchison Whampoa Limited and OTH in accordance with its terms. 

  

	8.2	Each Party agrees that this Agreement may be terminated by either Party if an Event of Default occurs in relation to the other Party. An Event of Default means, in
relation to a Party, the occurrence of any of the following: 

  

	 	(a)	a court of competent jurisdiction makes an order or a resolution is passed, for the dissolution or administration of that Party otherwise than in the course of a reorganization or
restructuring undertaken for such purpose previously that is approved in writing by the other Party (such approval not to be unreasonably withheld or delayed); 

  

	 	(b)	any person takes any step (and it is not withdrawn or discharged within ninety (90) days) to appoint a liquidator, manager, receiver, administrator, administrative receiver or
other similar officer in respect of any assets held by that Party; 

  

	 	(c)	that Party makes or proposes any arrangement or composition with, or any assignment for the benefit of, its creditors; or 

  

	 	(d)	that there is a change of control of the other Party in favour of a Telecommunications Operator. For this purpose, “control” of the other Party means the possession,
directly or indirectly, of the power to direct or cause the direction of the management and policies of the other Party, whether through the ownership of voting securities, by contract or otherwise. 

  

	8.3	HTIL may terminate this Agreement by giving written notice to OTH at any time after OTH ceases to hold or control, directly or indirectly, at least 12% of the issued share capital
of HTIL. 

  

	8.4	For the purpose of this Agreement “Telecommunications Operator” means any person who owns or operates mobile or fixed line telecommunications networks or infrastructure or
provides mobile, fixed line telecommunications, IDD or Internet services or who is a mobile virtual network operator or who is a re-seller of such services in any jurisdiction 

  

	9.	Consequences of Termination 

  

	9.1	Any termination of this Agreement shall not affect a Party’s accrued rights and obligations at the date of termination. 

  

	9.2	Immediately after the expiration or termination of this Agreement, each Recipient shall: (i) no longer use any Confidential Information (except for the information described in
Clauses 3.1(a) and 4); and (ii) at the option and instruction of the Disclosing Party, return promptly to the Disclosing Party and/or destroy all Confidential Information (except for the information described in Clauses 3.1(a) and 4) in its
possession which is in a tangible or electronic form and all copies of such material. 

  

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	9.3	The provisions of Clauses 6, 9, 18 and 22 shall survive any termination of this Agreement and shall continue in full force and effect. 

  

	10.	Further Assurances and Good Faith 

 So far as it is
legally able, each Party undertakes with the other to exercise all voting rights and powers (direct and indirect) available to it to ensure that the provisions of this Agreement are completely and punctually fulfilled, observed and performed and
generally that full effect is given to the principles set out in this Agreement and to act reasonably and in good faith towards each other in the exercise of its rights and the discharge of its obligations hereunder. 
  

	11.	Non-Assignment 

 Neither Party may, nor may purport
to, assign any of its rights or obligations under this Agreement in whole or in part, nor grant, declare, create or dispose of any right or interest in it (otherwise than in accordance with the terms of this Agreement) without the prior written
consent of the other Party, which consent shall not be unreasonably withheld if the proposed assignment is to a directly or indirectly wholly owned Affiliate of such Party. 
 For the purpose of this Agreement “Affiliate” means, with respect to any Person which is a company, its subsidiaries and holding companies and
any subsidiaries of such holding companies, and with respect to any Person which is not a company, any other Person directly or indirectly controlling, controlled by, or under common control with, such Person; provided that, for the purposes of this
definition, “control” (including, with correlative meanings, the terms “controlled by” and “under common control with”), as used with respect to any Person, means the possession, directly or indirectly, of the power to
direct or cause the direction of the management and policies of such Person, whether through the ownership of voting securities, by contract or otherwise. 
  

	12.	Waiver of Rights 

 No waiver by either Party of a
failure by the other Party to perform any provision of this Agreement operates or is to be construed as a waiver in respect of any other failure whether of a like or different character. 
  

	13.	Amendments 

 A variation of this Agreement is valid
only if it is in writing and signed by or on behalf of each Party. 
  

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 Every three (3) years after the Effective the Parties shall review and, if necessary, agree in good
faith any appropriate amendments to the terms of this Agreement to ensure that the Objectives are achieved by implementation of the terms hereof. 
  

	14.	Invalidity 

 If any provision of this Agreement is
or is held to be invalid or unenforceable, then so far as it is invalid or unenforceable it has no effect and is deemed not to be included in this Agreement. This shall not invalidate any of the remaining provisions of this Agreement. The Parties
shall then use all reasonable endeavours to replace the invalid or unenforceable provision by a valid provision the effect of which is as close as possible to the intended effect of the invalid or unenforceable provision. 
  

	15.	No Partnership or Agency 

  

	15.1	Nothing in this Agreement (or any of the arrangements contemplated by it) shall be deemed to constitute a partnership between the Parties nor, save as may be expressly set out in
it, constitute either Party the agent of the other Party for any purpose. 

  

	15.2	Unless the Parties agree otherwise in writing neither of them shall: 

  

	 	(a)	enter into contracts with third Parties as agent for the other Party; or 

  

	 	(b)	describe itself a such an agent or in any way hold itself out as being such as agent. 

  

	15.3	For the avoidance of doubt but subject to Clause 7, nothing contained in this Agreement shall restrict or prevent any Party from developing and introducing technology and services,
or from exchanging intellectual property and know-how, with any third Party. 

  

	16.	Announcements 

  

	16.1	No formal public announcement or press release in connection with the signature or subject matter of this Agreement shall (subject to Clause 16.2) be made or issued by or on behalf
or either Party without the prior written approval of the other Party (such approval not to be unreasonably withheld or delayed). 

  

	16.2	If a Party has an obligation to make or issue any announcement required by law or by any stock exchange or by any governmental authority, the relevant Party shall give the other
Party every reasonable opportunity to comment on any announcement or release before it is made or issued (provided that this shall not have the effect of preventing the Party making the announcement or release from complying with its legal and/or
stock exchange obligations). 

  

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	17.	Entire Agreement 

  

	17.1	This Agreement sets out the entire agreement and understanding between the Parties with respect to the subject matter hereof. 

  

	17.2	Neither Party has relied on or has been induced to enter into this Agreement in reliance on any representation, warranty or understanding which is not set out in this Agreement.

  

	18.	Notices 

  

	18.1	Any notice or other formal communication to be given under this Agreement shall be writing and signed by or on behalf of the Party giving it. It shall be: 

 

	 	(a)	sent by facsimile to the number set out in Clause 18.2; or 

  

	 	(b)	delivered by hand or sent by prepaid recorded delivery or registered post to the relevant address in Clause 18.2. 

 In each case it shall be marked for the attention of the relevant Party set out in Clause 18.2 (or as otherwise notified from time to time under this
Agreement). Any notice given by hand delivery, facsimile or post shall be deemed to have been duly given: 
  

	 	(a)	if hand delivered, when delivered; 

  

	 	(b)	if sent by facsimile, twelve (12) hours after the time of dispatch; 

  

	 	(c)	if sent by recorded delivery or registered post, at 10 am on the second Business Day from the date of posting. 

 Unless there is evidence that it was received earlier than this and provided that, where (in the case of delivery by hand or by facsimile) the delivery or
transmission occurs after 6 pm on a Business Day or on a day which is not a Business Day, service shall be deemed to occur at 9:00 am on the next following Business Day. References to time in this Clause are to local time in the country of the
addressee. 
 For the purposes of this Clause, a Business Day means a day which is not a Saturday, Sunday or public holiday on which banks are
open for general banking business in Hong Kong and Cairo, Egypt. 
  

	18.2	The addresses and facsimile numbers of the Parties for the purpose of Clause 18.3 are: 

  

	 	(a)	HTIL 

  

			
	 Address:
	  	 22nd Floor, Hutchison House, 10 Harcourt Road,
 Hong
Kong

		
	 Facsimile No:
	  	(852) 2128 1778
		
	 For the attention of:
	  	The Company Secretary

  

 11 

			
	 With copy to:
	  	
		
	 Address:
	  	20/F Hutchison Telecom Tower,
		  	 99 Cheung Fai Road,

		  	 Tsing Yi, Hong Kong

		
	 For the attention of:
	  	Executive Director

  

	 	(b)	OTH 

  

			
	 Address:
	  	2005A Nile City Towers,
		  	 Cornish El Nile,

		  	 Ramlet Beaulac,

		  	 Cairo, Egypt

		
	 Facsimile No:
	  	(2 02) 461 5065
		
	 For the attention of:
	  	Chief Technology Officer
		
	 With copy to:
	  	
		
	 Address:
	  	2005A Nile City Towers,
		  	 Cornish El Nile,

		  	 Ramlet Beaulac,

		  	 Cairo, Egypt

		
	 Facsimile No:
	  	(2 02) 461 5165
		
	 For the attention of:
	  	Legal Department

  

	18.3	All notices or formal communications under or in connection with this Agreement shall be in the English language or, if in any other language, accompanied by a translation into
English. In the event of any conflict between the English text and the text in any other language, the English text shall prevail. 

  

	19.	Third Party Rights 

 A person who is not a Party to
this Agreement shall have no rights under the contracts (Rights of Third Parties) 1999 Act. 
  

	20.	Counterparts 

 This Agreement may be executed in any
number of counterparts and by the Parties to it on separate counterparts, each of which shall be an original but all of which together shall constitute one and the same instrument. 
  

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	21.	Representations and Warranties 

 Each Party hereby
represents and warrants to the other Party as of the date of this Agreement that each of the warranties and representations in this Clause 21 is true and accurate in all respects and not misleading as at the date of this Agreement: 
  

	 	(a)	Such Party is a corporation duly organised, validly existing and in good standing under the laws of the jurisdiction of its incorporation. 

  

	 	(b)	Such Party is not in receivership or liquidation nor has it taken any step to enter liquidation, and no petition has been presented for winding up such Party. There are no grounds
on which a petition or application could be based for the winding up or appointment of a receiver of such Party. 

  

	 	(c)	Such Party has the corporate power and authority to execute, deliver and perform its obligations under and consummate the transactions contemplated under this Agreement.

  

	 	(d)	The execution, delivery and performance of this Agreement and the consummation of the transactions contemplated hereby have been duly authorised by the directors and, to the extent
required, shareholders of such Party and no other corporate or shareholder action on the part of such Party or its shareholders is necessary to authorise the execution, delivery and performance of this Agreement or the consummation of the
transactions contemplated hereby. 

  

	 	(e)	This Agreement, when delivered in accordance with the terms hereof, assuming the due execution and delivery of this Agreement, shall have been duly executed and delivered by such
Party and shall be valid and binding obligations of such Party enforceable against such Party in accordance with its terms, except to the extent that its enforceability may be subject to applicable bankruptcy, insolvency, reorganisation, moratorium
or similar laws affecting the enforcement of creditors’ rights generally or to general equitable principles. 

  

	 	(f)	The entry into and performance of this Agreement will not constitute a breach such Party or default under: (i) any provision of the organisational documents of such Party;
(ii) any legally binding obligation or any material agreement or undertaking or the terms of any guarantee by which such Party is bound; or (iii) any law applicable to such Party. 

  

	 	(g)	No action or proceeding has been instituted or, so far as such Party is aware, threatened before a court or other governmental authority to restrain or prohibit or materially delay
any of the transactions contemplated by this Agreement. 

 Each Party’s representations and warranties shall be separate
and independent and (unless expressly provided otherwise) shall not be limited by reference to any other representation and warranty or by anything in this Agreement. 
  

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 Each Party acknowledges that it is entering into this Agreement on the basis of and in reliance upon the
other Party’s representations and warranties. 
  

	22.	Governing Law 

 This Agreement shall be governed by
and construed in accordance with the laws of England and Wales. 
 Any dispute arising between the Parties in connection with this Agreement,
including any question regarding its existence, validity or termination, shall be referred to the Steering Committee for resolution. If the Steering Committee is unable informally to resolve such dispute to the mutual satisfaction of the Parties
within 30 days such dispute shall be referred to and finally resolved by arbitration under the Rules of Arbitration of the International Chamber of Commerce (the “Rules”), which Rules are deemed to be incorporated by reference into this
clause. The number of arbitrators shall be three. Each Party shall nominate one arbitrator in accordance with the Rules. The Parties shall attempt to reach agreement on the third arbitrator, who shall act as chairman of the Arbitral Tribunal. If
such agreement is not reached within 15 days of the Respondent’s nomination of the second arbitrator, the third arbitrator shall be appointed by the International Chamber of Commerce in accordance with the Rules. The place of arbitration shall
be London, England. The language of the arbitral proceedings shall be English. 
 IN WITNESS whereof this Agreement has been entered into the day and
year first written above. 
  

					
	 SIGNED by
	 		 	 )

	 for and on behalf of
	 		 	 )

	 Hutchison Telecommunications International
	 		 	 )

	 Limited
	 		 	 )

			
	 SIGNED by
	 		 	 )

	 for and on behalf of
	 		 	 )

	 Orascom Telecom Holding S.A.E.
	 	 )    
	 	

  

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 SCHEDULE 1 
  

	I.	Procurement: 

  

	 	•	 	Data services architecture and solutions 

  

	 	•	 	Network infrastructure 

  

	 	•	 	IT systems and platforms 

  

	 	•	 	Handset, SIM and accessories 

  

	II.	Technologies and Networks: 

  

	 	•	 	Technology research and applications 

  

	 	•	 	Emerging radio technologies (WiFi, WiMAX, UWB, DVB-H etc) 

  

	 	•	 	IP evolution (IP Core, VoIP, IP Interworking, Managed QoS, IPv6 etc) 

  

	 	•	 	Services standard (DRM, MBMS, OMA, QoS) 

  

	 	•	 	Network Performance and Capacity 

  

	 	•	 	Network performance benchmarking 

  

	 	•	 	Sharing of capacity and performance enhancements techniques 

  

	 	•	 	Sharing of performance monitoring systems and practices 

  

	 	•	 	Indoor coverage techniques 

  

	 	•	 	Vendor Management 

  

	 	•	 	Sharing of vendors roadmaps 

  

	 	•	 	Establishing common user group to pursue the best support from vendors 

  

	III.	IT, Services and Contents: 

  

	 	•	 	IT system architecture 

  

	 	•	 	Billing and Customer Care 

  

	 	•	 	Enterprise Support System (ESS) 

  

	 	•	 	Business Support System (BSS) 

  

	 	•	 	Fraud management and security 

  

	 	•	 	Provisioning, mediation, billing and collections 

  

	 	•	 	Revenue Assurance 

  

	 	•	 	Local and international messaging (SMS, EMS, MMS) 

  

	 	•	 	Multimedia service architecture 

  

	 	•	 	Content and service delivery platforms 

  

	 	•	 	Application enabling platforms and solutions 

  

	 	•	 	Roaming and settlement 

  

	 	•	 	Sharing of global contents (subject to agreements) 

  

	 	•	 	Cross licensing of technologies, solutions and contents 

  

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	IV.	International Business 

  

	 	•	 	Optimized voice and data routing through the Parties’ (e.g., HGC’s) existing networks and points of presence 

  

	 	•	 	Common messaging peering and settlement services 

  

	 	•	 	Preferential roaming treatment among the Parties’ respective operations 

  

	 	•	 	Preferential international call rating 

  

 16 

 SCHEDULE 2 
 Exceptional Cases 
 Market Conditions 
  

	 	1.	Cases where fewer than two suitably qualified Vendors are present and bidding for the project in the market. 

  

	 	2.	Markets where a Vendor identity’s is politically sensitive or its activities restricted by applicable law. 

  

	 	3.	When the insertion of the Required Contractual Provisions results in a breach of applicable law, including, for the avoidance of doubt, breach of a fiduciary duty owed by a member
of the board of directors of a particular company within the OTH Group or the HTIL Group (as applicable). 

  

	 	4.	Markets where potential growth is limited in comparison with the installed network, thereby making it operationally unreasonable to introduce a new vendor. 

Existing Benefits Prejudiced 
  

	 	5.	Purchases in relation to future network expansion phases that as of the date hereof are both planned and subject to a legally binding commitment, where the aggregate volume of the
purchases has demonstrably been a fundamental consideration of the vendor during the negotiation of such agreement. 

  

	 	6.	Purchases for equipment with prices fixed under existing agreements, including frame agreements, unless more a favorable price is introduced as a result of the Required Contractual
Provisions or the Additional Volume Discounts. 

 Natural Expansion 
  

	 	7.	Purchases for capacity and functionality upgrades that apply existing installed nodes (e.g., adding racks/modules/cards to an existing MSC or BSC etc.) 

  

	 	8.	Purchases or agreements for MSC/BSC/BTS and other central switching equipment (Network Equipment prices only; for the avoidance of doubt, this means that the cost of civil works
shall be excluded) with a scale smaller than US$2,000,000.00. 

 For the purpose of this Agreement,

 “BSC” (Base Station Controller) means equipment that monitors and controls one or more base stations in order to exchange messages, handover
mobile units from cell to cell, and perform other system administrative tasks; 
  

 17 

 “BTS” (Base Transceiver Station) means fixed transmitter/receiver equipment in each cell of a mobile
telecommunications network that communicates by radio with all mobile telephones in that cell; 
 “HLR” (Home Location Register) means the database
in charge of managing mobile phone subscribers that holds all pertinent subscriber information, such as the telephone number, handset serial number, long-distance carrier, and customer features; 
 “IN” (Intelligent Network) means network infrastructure that is for the purpose of real time call control and credit rating;

 “MSC” (Mobile Switching Centre) means a large, computer-based device used to connect calls within a mobile network and as the interface of the
cellular network to other networks; 
 “Network Equipment” means any equipment used in the mobile telephone
network, including but not limited to: 
  

	 	(a)	the core network: MSC/VLR/HLR; 

  

	 	(b)	the access network: BSC/TRAU and BTS; 

  

	 	(c)	transmission: PDH and SDH; 

  

	 	(d)	Intelligent Network; 

  

	 	(e)	UTRAN; and 

  

	 	(f)	Packet switching equipment. 

 “Network Procurement Agreement”
means any agreement for the procurement of Network Equipment (“Current Network Procurement Agreement” means a Network Procurement Agreement pursuant to which a supplier is, as at the Effective Date, continuing to supply Network Equipment
and “Future Network Procurement Agreement” means a Network Procurement Agreement entered into by a Party at a date after the Effective Date.) 
 “PDH” (Plesiochronous Digital Hierarchy) means a digital transmission method based on dividing information up into identical time intervals; 
 “SDH” (Synchronous Digital Hierarchy) means a method of telephony transmission using digital techniques where data is packed in containers which are synchronised in time; 
 “TRAU” (Transcoder Rate and Adapter Unit) means a technology whereby an encoded speak signal from a mobile station is transcoded; 
 “UTRAN” means a UMTS (Universal Mobile Telecommunications System) radio access network. 
 “VLR” (Visitor Location Register) means a temporary database that contains pertinent subscriber information for wireless users that are roaming. 
  

 18Share Purchase Agreement dated January 27, 2006

 Exhibit 4.98 
 Execution Copy 
 SHARE PURCHASE AGREEMENT 
 BETWEEN 
 HUTCHISON CALL CENTRE
HOLDINGS LIMITED 
 AND 
 CGP INVESTMENTS (HOLDINGS) LIMITED 

 SHARE PURCHASE AGREEMENT 
 THIS SHARE PURCHASE AGREEMENT (this “Agreement”) dated as of 27th day of January, 2006 between: 
 Hutchison Call Centre Holdings
Limited (formerly known as Yockey Limited), a company incorporated under the laws of the British Virgin Islands and having its registered office at P.O. Box 957, Offshore Incorporations Centre, Road Town, Tortola, the British Virgin Islands
(hereinafter referred to as “the Vendor”) of the FIRST PART; 
 AND 
 CGP Investments (Holdings) Limited, a company incorporated under the laws of the Cayman Islands and having its registered office at P.O. Box 309, Ugland House,
South Church Street, George Town, Grand Cayman, the Cayman Islands (hereinafter referred to as “the Purchaser”) of the SECOND PART 
 (The Vendor and the Purchaser are hereinafter collectively referred to as the “Parties”, and severally as the “Party”) 
 WHEREAS: 
  

	A.	Hutchison Tele-Services (India) Holdings Limited (the “Company”) is a private company incorporated under the laws of Mauritius and is validly existing, particulars
of which are set out in Part A of Schedule 1 hereto. 

  

	B.	The Vendor is the registered and beneficial owner of the entire issued share capital of the Company. 

  

	C.	The Company is and will on Completion (as hereinafter defined) be the beneficial owner of the entire issued share capital of 3 Global Services Private Limited
(“3GS”, together with the Company, the “Group Companies” and each a “Group Company”), particulars of which are set out in Part B of Schedule 1 hereto. 

  

	D.	The Vendor desires to sell all the issued shares it holds in the paid up share capital of the Company, being 2 shares of US$1.00 each representing the entire issued share capital of
the Company (the “Sale Shares”) and the Purchaser wishes to purchase the Sale Shares from the Vendor. 

  

 1 

 NOW THEREFORE, IT IS HEREBY AGREED between the Parties as follows: 
  

	1.	DEFINITIONS AND INTERPRETATION. 

  

	1.1	Definitions 

 In this Agreement, the following words
and expressions shall, except where the context otherwise requires, have the following meanings: 
 “3 Australia” means
Hutchison 3G Australia Pty Ltd; 
 “3GS” shall have the meaning ascribed to it in Recital (C) hereof; 
 “3GS Shares” means 49,492 shares of Rs.10.00 each representing the entire issued share capital of 3GS; 
 “3 UK” means Hutchison 3G UK Ltd; 
 “Audited Accounts” means the audited accounts for the year ended 31 December 2004 of each of the Company and 3GS, copies of which have been supplied by the Vendor to the Purchaser prior to the signing of this
Agreement; 
 “Accounts Date” means 31 December 2005; 
 “Business Day” means a day that is not a Saturday, Sunday or public holiday in Hong Kong; 
 “Call Centre Contracts” means, collectively, the managed services for contact centre services agreement between 3 UK and the Vendor duly
executed by 3 UK and the managed services for contact centre services agreement between 3 Australia and the Vendor, duly executed by 3 Australia in the form supplied by the Vendor to the Purchaser prior to the signing of this Agreement; 

“Call Centre Consent Letter” means, collectively, a letter from the Vendor to 3 UK in substantially the form set out in Schedule 5 and
a letter from the Vendor to 3 Australia in substantially the form set out in Schedule 5 (substituting references to 3 UK with 3 Australia), each countersigned by an authorised representative of 3 UK and 3 Australia respectively; 
 “Company” shall have the meaning ascribed to it in Recital (A); 
 “Completion” means the completion of the matters provided for in Clause 4; 
  

 2 

 “Completion Date” means 10 February 2006, or such other date as agreed by the
Parties; 
 “Disclosure Letter” means the letter of even date herewith from the Vendor to the Purchaser in respect of the
Warranties; 
 “Group Company” or “Group Companies” shall have the meaning ascribed to such expression in
Recital (C) hereof; 
 “Management Accounts” means the management accounts for the twelve months ended on the Accounts
Date of each of the Company and 3GS, copies of which have been supplied by the Vendor to the Purchaser prior to the signing of this Agreement; 
 “Option Shares” means the shares representing the entire issued share capital of the Company as at the date of the issue of an Option Notice (as defined in paragraph 2.2 of Schedule 4); 
 “Listing Rules” means the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited; 
 “Purchase Price” shall have the meaning set forth in Clause 2.1; 
 “Rs.” or “INR” means Indian Rupees, the lawful currency of India; 
 “Sale Shares” shall have the meaning ascribed to such expression in Recital (D) hereof; 
 “tax” or “taxation” means and includes all forms of taxation and statutory, governmental, supra-government, state,
principal, local governmental or municipal impositions, duties, contributions and levies, in each case whether of Mauritius, India or elsewhere, whenever imposed and all penalties, charges, costs and interest relating thereto and, without
limitation, all employment taxes and any deductions or withholdings of any sort (where applicable); 
 “Vendor Call Centre
Contracts” means, collectively, the managed services for contact centre services agreement between the Vendor and 3GS in respect of services to 3 UK and the side letters in relation thereto and the managed services for contact centre
services agreement between the Vendor and 3GS in respect of services to 3 Australia and the side letters in relation thereto, substantially in the form supplied by the Vendor to the Purchaser prior to the signing of this Agreement; 
  

 3 

 “Warranties” means all the warranties, representations, undertakings and indemnities
given by the Vendor under Clause 5 and Schedule 3 and “Warranty” shall be construed accordingly; and 
 “US$” means United States dollars, the lawful currency of the United States of America. 
  

	1.2	Interpretation 

 In this Agreement, unless the
context otherwise requires: 
  

	 	(a)	words denoting the singular shall include the plural and vice versa; 

  

	 	(b)	words denoting a person shall include an individual, corporation, company, partnership, trust or other entity; 

  

	 	(c)	heading and bold typeface are only for convenience and shall be ignored for the purposes of interpretation; 

  

	 	(d)	references to the word “include” or “including” shall be construed without limitation; 

  

	 	(e)	references to this Agreement or to any other agreement, deed or other instrument shall be construed as a reference to such agreement, deed or other instrument as the same may from
time to time be amended, varied or supplemented; 

  

	 	(f)	a reference to any party to this Agreement or any other agreement or deed or other instrument shall include its successors or permitted assigns; and 

  

	 	(g)	a reference to a clause, paragraph, recital or schedule is, unless indicated to the contrary, a reference to a clause, paragraph or recital of or schedule to this Agreement.

  

	2.	SALE AND PURCHASE OF THE SALE SHARES 

  

	2.1	Subject to the terms and conditions set forth in this Agreement, the Vendor hereby agrees to sell, and the Purchaser hereby agrees to purchase, the Sale Shares free and clear of any
liens, encumbrances, equities, claims, pre-emptive rights, restrictions or any charge of any nature whatsoever and together with all rights attached or accrued thereto as at Completion, at the price set out in Schedule 2 to this Agreement
(“Purchase Price”). The Purchaser shall pay the Purchase Price to the Vendor as consideration for the purchase of the Sale Shares on the Completion Date. 

  

 4 

	2.2	The payment of the Purchase Price shall be effected by the Purchaser by telegraphic transfer of funds to such bank account as specified by the Vendor in writing to the Purchaser no
less than 2 Business Days prior to the Completion Date or by banker’s draft or by such other means as may be agreed by the Parties. 

  

	3.	CONDITIONS PRECEDENT TO COMPLETION 

  

	3.1	The obligation of the Purchaser to purchase the Sale Shares in the manner set forth in Clause 2 above shall be subject to the fulfilment (or, where permissible, waiver in writing by
the Purchaser, as the case may be) of the following conditions precedent: 

  

	 	(a)	nothing shall have occurred which would render (or have the effect of rendering) any of the Warranties untrue in any material respect; 

  

	 	(b)	provision by the Vendor of certified extracts of resolutions authorising it to enter into this Agreement and sign and do all necessary acts incidental thereto; and

  

	 	(c)	due execution by the Vendor of each of the Call Centre Contracts. 

  

	3.2	The obligation of the Vendor to sell the Sale Shares in the manner set forth in Clause 2 above shall be subject to the fulfilment (or, where permissible, waiver in writing by the
Vendor, as the case may be) of the following conditions precedent: 

  

	 	(a)	nothing shall have occurred which would render (or have the effect of rendering) any of the warranties given by the Purchaser under Clause 5.6 untrue in any material respect; and

  

	 	(b)	provision by the Purchaser of certified extracts of resolutions authorising it to enter into this Agreement and sign and do all necessary acts incidental thereto.

  

	3.3	The Vendor shall use all reasonable endeavours to procure, (so far as it lies within its power) that the conditions precedent set forth in Clause 3.1 are satisfied and the Purchaser
shall use all reasonable endeavours to procure, (so far as it lies within its power) that the conditions precedent set forth in Clause 3.2 are satisfied. 

  

 5 

	4.	COMPLETION OF THE SALE AND PURCHASE 

  

	4.1	Subject to the fulfilment and/or waiver of the conditions precedent as contained in Clauses 3.1 and 3.2, Completion shall take place on the Completion Date. At Completion, the
following shall take place:- 

  

	 	A.	Obligations of the Vendor 

 The Vendor shall deliver and/or
cause to be delivered to the Purchaser (or to such person or place as the Purchaser may designate) the following documents :- 
  

	 	(a)	(i) copy of a duly executed and valid instrument of transfer in favour of the Purchaser of the Sale Shares, (ii) copy(ies) of the share certificate(s) in respect of the
Sale Shares in the name of the Vendor, (iii) copy of the new share certificate issued in the name of the Purchaser in respect of the Sale Shares duly issued by the Company, (iv) the original share certificate(s) in respect of the 3GS
Shares in the name of each of the Company, Rajesh Begur and Aliff Fazelbhoy; and (v) an undated transfer in respect of one 3GS Share duly executed by Rajesh Begur and an undated transfer in respect of one 3GS Share duly executed by Aliff
Fazelbhoy; 

  

	 	(b)	an undertaking from the Vendor to send to the Purchaser within 10 days from the Completion Date the original new share certificate issued in the name of the Purchaser in respect of
the Sale Shares duly issued by the Company; 

  

	 	(c)	the Certificates of Incorporation, business licences, statutory books, minutes books, transfer books, common seals, company chops, accounts books (where applicable) of each of the
Group Companies and all other documents and papers in connection with its affairs and all documents of title to the assets of each of the Group Companies which are in the possession of the Vendor; 

  

	 	(d)	copies, certified as true copies by a director or the company secretary of the Company, of the board minutes of the Company, approving (i) the transfer of the Sale Shares to
the Purchaser, (ii) the entry of the name of the Purchaser in the Company’s Register of Members, and (iii) (where applicable) the appointment of such new directors and/or company secretary as the Purchaser may designate by giving at
least 3 Business Days written notice prior to the Completion Date with effect from Completion; 

  

	 	(e)	the Vendor Call Centre Contracts duly executed by the Vendor and the Call Centre Consent Letters duly executed by the Vendor, 3 UK and 3 Australia; and 

  

	 	(f)	resignation of such directors and/or company secretary of each of the Company and/or 3GS as the Purchaser may request by giving at least 3 Business Days written notice prior to the
Completion Date confirming that he/she has no claim whatsoever against the Company and/or 3GS (as applicable) whatsoever for loss of office or otherwise. 

  

 6 

	 	B.	Obligations of the Purchaser 

 Subject to and upon
completion of the steps set out in Clause 4.1A, the Purchaser shall: 
  

	 	(a)	pay the Vendor the Purchase Price in the manner as set out in Clause 2.2; and 

  

	 	(b)	confirm that the information contained in such of the documents as the Vendor may reasonably request at least 3 Business Days prior to the Completion Date for effecting the transfer
of the Sale Shares contemplated hereunder remains accurate and complete. 

  

	4.2	If the obligations of the Vendor under Clause 4.1A are not complied with on the Completion Date, the Purchaser may: 

  

	 	(a)	defer Completion (so that the provision of this Clause 4 shall apply to Completion as so deferred); or 

  

	 	(b)	proceed to Completion as far as practicable (without limiting its rights under this Agreement); or 

  

	 	(c)	treat this Agreement as terminated for a breach of a condition, without prejudice to any rights it may have in respect hereof. 

  

	5.	REPRESENTATIONS AND WARRANTIES 

  

	5.1	Subject to the limitations in Clause 6 and anything disclosed against a specified Warranty in the Disclosure Letter, the Vendor warrants and represents to the Purchaser that as at
the date of this Agreement the Warranties are true, complete and accurate and not misleading. 

  

	5.2	Subject to the limitations in Clause 6, the Vendor shall procure and warrants and represents to the Purchaser that the Warranties will be true and accurate at Completion by
reference to the facts and circumstances then subsisting and, for this purpose, the Warranties shall be deemed to be repeated at Completion as if any express or implied reference in the Warranties to the date of this Agreement was replaced by a
reference to the Completion Date. 

  

 7 

	5.3	Where any of the Warranties is qualified by the expression “so far as the Vendor is aware” or any similar expression, that Warranty shall be deemed to include an
additional statement that it has been made after due, diligent and careful enquiry by the Vendor and that the Vendor has used its reasonable endeavours to ensure that all information given in the Warranty is true, complete and accurate in all
material respects. 

  

	5.4	The Vendor shall immediately disclose or cause to be disclosed to the Purchaser any matter or thing which arises or of which it becomes aware after entering into this Agreement
which is materially inconsistent with or a material breach of any of the Warranties or which will or may be a material breach of any Warranty when the Warranties are repeated at Completion or which might render any of the Warranties materially
misleading or would be material to a purchaser for value of the Sale Shares. 

  

	5.5	Each Party represents and warrants to each of the other Parties that: 

  

	 	(a)	it is duly incorporated under the laws of, in the case of the Vendor, the British Virgin Islands, and in the case of the Purchaser, the Cayman Islands; 

  

	 	(b)	it has the power to enter into and to exercise its rights and to perform its obligations under this Agreement; 

  

	 	(c)	it has taken all necessary action to authorise the execution of and, on or prior to Completion, the performance of its obligations under this Agreement; 

  

	 	(d)	the obligations expressed to be assumed by it under this Agreement are legal, valid, binding and enforceable; 

  

	 	(e)	neither execution nor performance of this Agreement will contravene any provision of any existing law, treaty or regulation, its articles of association or other constituent
documents, or any obligation (contractual or otherwise) which is binding upon it, or upon any of its assets; 

  

	 	(f)	save and except for such compliance requirements applicable to the holding company of the Purchaser under the Listing Rules, no consents, licences, approvals or authorisations of,
exemptions by or registrations or notifications with or declarations by, any governmental or other authority in any jurisdiction are required by it with respect to the execution or performance of this Agreement; and 

  

	 	(g)	neither its execution nor its performance of this Agreement will result in the creation of, or oblige it to create or permit to subsist, an encumbrance over any of its present or
future assets or revenues. 

  

	6.	LIMITATIONS ON LIABILITY 

  

	6.1	Notwithstanding any contrary provision contained in this Agreement but subject however to Clause 6.2, the Vendor shall have no liability in respect of any individual claim and/or
matter unless the amount of the liability of the Vendor in respect of the individual claim and/or matter exceeds US$200,000 or unless the aggregate amount of the liability of the Vendor in respect of all various individual claims and/or matters
exceed US$1,000,000. 

  

 8 

	6.2	The aggregate liability of the Vendor under this Agreement in respect of claims for breach of Warranties under Clause 5 shall not in any event exceed the Purchase Price.

  

	6.3	The Vendor shall not be liable for any claim (other than taxation claim as referred to in Clause 6.4) unless the Purchaser gives to the Vendor written notice containing a summary of
the nature of such claim, as far as is known to the Purchaser, on or before the date being 12 months from Completion. 

  

	6.4	The Vendor shall not be liable for any taxation claim unless the Purchaser gives written notice containing a summary of the nature of such taxation claim, as far as and to the
extent it is known to the Purchaser, to the Vendor on or before the date being five (5) years from Completion. 

  

	7.	PUT AND CALL OPTIONS 

 The Vendor hereby agrees to
grant, on Completion, to the Purchaser a put option to sell, and the Purchaser hereby agrees to grant, on Completion, the Vendor a call option to purchase, all (but not part only) the Option Shares in the manner as specified in Schedule 4.

  

	8.	TRANSFER OF SHARES 

 During the period from the
Completion Date to the expiry of the Option Exercise Period (as defined in paragraph 2.1 of Schedule 4), the Purchaser agrees not to sell, transfer or otherwise dispose of, or create any encumbrances over, any shares in any of the Group Companies
without the prior consent of the Vendor. 
  

	9.	MISCELLANEOUS 

  

	9.1	Notices 

  

	 	(a)	All notices or other communications to be given under this Agreement, shall be in writing and shall either be personally delivered or sent by registered post, courier, telex or
facsimile transmission and shall be addressed for the attention of the persons addressed below: 

 If to the Purchaser:

 Address: 20/F Hutchison Telecom Tower 
                99 Cheung Fai Road, Tsing Yi, Kowloon, Hong Kong 
 Fax: (852) 2128 3112 
 Attention: Group Senior Legal Counsel 
  

 9 

 If to the Vendor: 
 Address: c/o 20/F, Hutchison House 
         
      10 Harcourt Road, Central. Hong Kong 
 Fax: (852) 2128 1778 
 Attention: The Company Secretary 
  

	 	(b)	Any Party may, by notice, change the address to which such notices and communication are to be delivered or transmitted. 

  

	 	(c)	A notice shall be deemed to have been served as follows: 

  

	 	(i)	if personally delivered, at the time of delivery; 

  

	 	(ii)	if sent by registered post or courier, at the time of delivery thereof to the person receiving the same; or 

  

	 	(iii)	if sent by facsimile transmission, in the absence of any indication that the facsimile transmission was distorted or garbled, at the time of production of a transmission report by
the machine from which the facsimile was sent, which indicates that the facsimile was sent in its entirety to the facsimile number of the recipient notified for the purposes of this Clause 9.1. 

  

	9.2	No Waiver 

 No waiver of any provision of this
Agreement, nor consent to any departure from it by any Party, is effective unless it is in writing. A waiver or consent will be effective only for the purpose for which it was given. No default of delay on the part of any Party, in exercising any
rights, powers or privileges operates as a waiver of any right, nor does a single or partial exercise of a right preclude any exercise of other rights, powers or privileges. The remedies herein provided are cumulative and not exclusive of any
remedies provided by law. 
  

	9.3	Amendment 

 No amendment, variation, alteration or
modification of this Agreement shall be effective, unless made in writing and signed by all the Parties to this Agreement. 
  

 10 

	9.4	Assignability 

 Neither Party shall assign or
transfer or purport to assign or transfer any of its rights or obligations under this Agreement, without the prior written consent of the other Party. 
  

	9.5	Governing Law 

 This Agreement shall be governed by
and construed in accordance with the laws of the Hong Kong Special Administrative Region of The People’s Republic of China (“Hong Kong”) and the Parties hereby submit to the non-exclusive jurisdiction of the courts of Hong
Kong. 
  

	9.6.	Process Agent 

  

	 	(a)	The Vendor hereby appoints Hutchison Whampoa Agents Limited, the address of which on the date hereof is 22/F, Hutchison House, 10 Harcourt Road, Central, Hong Kong for the purpose
of acceptance of service of process on its behalf and as its agent to accept service of process on its behalf in relation to any proceedings before the courts of Hong Kong in connection with this Agreement. 

  

	 	(b)	The Purchaser hereby appoints Hutchison Telecommunications International Limited, the address of which on the date hereof is 20/F Hutchison Telecom Tower, 99 Cheung Fai Road, Tsing
Yi, Hong Kong for the purpose of acceptance of service of process on its behalf and as its agent to accept service of process on its behalf in relation to any proceedings before the courts of Hong Kong in connection with this Agreement.

  

	9.7	Severability 

 If any provision of this Agreement or
any part thereof is declared or held to be invalid, illegal or unenforceable in any respect under applicable law, such invalidity, illegality or unenforceability shall not invalidate this entire Agreement. In that case, this Agreement shall be
construed, so as to limit any term or provision, so as to make it enforceable or valid within the requirements of applicable law, and, in the event that such term or provision cannot be so limited, this Agreement shall be construed to omit such
invalid, illegal or unenforceable provision. 
  

	9.8	No Third Party Beneficiary 

 Nothing expressed or
mentioned in this Agreement is intended or will be construed to give any person other than the Parties and their permitted assigns and successors, any legal or equitable right, remedy or claim under or in respect of this Agreement or any provisions
contained in it. 
  

 11 

	9.9	Counterparts 

 This Agreement is executed in
counterparts, by each of the Parties, and each of the counterparts shall, constitute an original, but all of them shall constitute only one document. 
 IN WITNESS WHEREOF, the parties have entered into this Agreement, the day and year first above written. 
  

			
	HUTCHISON CALL CENTRE HOLDINGS LIMITED
		
	By:	 	  

	 Name:
	 	
	 Title:
	 	
		 	
	 CGP INVESTMENTS (HOLDINGS) LIMITED

		
	By:	 	  

	 Name:
	 	
	 Title:
	 	

  

 12 

 SCHEDULE 1 
 Details of the Group Companies 
 Part A 
 HUTCHISON TELE-SERVICES (INDIA) HOLDINGS LIMITED 
  

			
	Company number:	  	42705 C1/GBL
		
	Date of incorporation:	  	14 August 2002
		
	Place of incorporation:	  	Mauritius
		
	Registered office:	  	Les Cascades Building, Edith Cavell Street, Port Louis, Mauritius
		
	Authorised share capital:	  	US$10,000,000 divided into 10,000,000 shares of US$1.00 each
		
	Issued share capital:	  	US$2.00 divided into 2 shares of US$1.00 each
		
	Present directors:	  	 Frank John SIXT
 Edith SHIH
 Cheng Khoong, Robin SNG
 Christian Nicolas Roger SALBAING
 Ashraf RAMTOOLA
 Sandra HEW KHEE

		
	Present secretary:	  	International Management (Mauritius) Limited
		
	Present shareholder:	  	Hutchison Call Centre Holdings Limited holding 2 shares (100%)

  

 13 

 Part B 
 3 GLOBAL SERVICES PRIVATE LIMITED 
  

			
	Company number:	  	11-118934
		
	Date of incorporation:	  	16 March 1999
		
	Place of incorporation:	  	India
		
	Registered office:	  	Spectrum Towers, Mindspace Complex, Off Link Road, Malad (West) Mumbai 400 064, India
		
	Authorised share capital:	  	Rs.5,000,000 divided into 500,000 shares of Rs.10.00 each
		
	Issued share capital:	  	Rs.494,920 divided into 49492 shares of Rs.10.00 each
		
	Present directors:	  	CHOW WOO Mo Fong, Susan Edith SHIH Harit Nagpal
		
	Present secretary:	  	Durgesh PALIWAL
		
	Present shareholder:	  	 Hutchison Tele-Services (India) Holdings Limited holding 49,490 shares (99.996%)
 Rajesh N. BEGUR (as nominee) holding 1 share (0.002%)
 Aliff S. FAZELBHOY (as nominee) holding 1 share
(0.002%)

  

 14 

 SCHEDULE 2 
 Purchase Price 
 (in accordance with Clause 2.1) 
 US$14,174,881 (United States Dollars Fourteen Million One Hundred and Seventy Four Thousand Eight Hundred and Eighty-One) 
  

 15 

 SCHEDULE 3 
 Warranties 
  

	1.	Company Information 

  

	1.1	As at the date of this Agreement, the information in Schedule 1 is true, complete and accurate and the Vendor is the owner of the Sale Shares and the Company is the beneficial owner
of the 3GS Shares free from any claim, option, charge, lien, equity, encumbrance, right of preemption or third party right. 

  

	1.2	All of the issued shares in the capital of each of the Group Companies have been fully paid up. 

  

	1.3	No person has the right (whether exercisable now or in the future and whether contingent or not) to call for the allotment, conversion, issue, sale or transfer of any share or loan
capital or any other security giving rise to a right over the capital of any of the Group Companies under any option or other agreement (including conversion rights and rights or pre-emption) and there are no claims, charges, mortgages, liens,
equities or encumbrances of any nature on the shares of any of the Group Companies or any unissued capital of any of the Group Companies. 

  

	2.	Audited Accounts and Management Accounts 

  

	2.1	The Audited Accounts have been duly prepared and audited in accordance with the relevant laws on a recognised and consistent basis in accordance with International Financial
Reporting Standards (in the case of Audited Accounts of the Company) or generally accepted accounting principles, standards and practices applied in India (in the case of Audited Accounts of 3GS) so as to give a true and fair view of the state of
affairs of the relevant Group Company as at the date to which the relevant Audited Accounts were made and have been prepared on the same basis and :- 

  

	 	(i)	the Audited Accounts are accurate in all material respects and have made adequate and appropriate provision for any bad or doubtful debts and for all established liabilities and
have made appropriate provision for (or contain a note in accordance with International Financial Reporting Standards (in the case of Audited Accounts of the Company) or generally accepted accounting principles, standards and practices applied in
India (in the case of Audited Accounts of 3GS)) all deferred or contingent material liabilities, whether liquidated or unliquidated at the respective dates thereof and all liabilities in respect of employees of the Group Companies (including without
limitation, pension contributions, bonuses and salaries) have been properly and accurately recorded on the balance sheet of the Group Companies; 

  

 16 

	 	(ii)	depreciation of fixed assets has been made at rates sufficient to write down the value of such assets to a nominal value not later than the end of their estimated useful lives;

  

	 	(iii)	the profits and losses shown by the Audited Accounts and the trend of profits thereby shown have not in any material respect been affected by any unusual or exceptional item; and

  

	 	(iv)	none of the Group Companies have any off balance sheet commitments or contingencies. 

  

	2.2	The Management Accounts fairly present the state of affairs and financial and trading position of the Group Companies and of their respective assets and liabilities, capital and
reserves of the respective Group Companies as at 31 December 2005 and each Group Company’s results for the financial period ended on that date. 

  

	3.	Properties 

 In relation to such properties in
respect of which 3GS’ interest are under leases, so far as the Vendor is aware: 
  

	 	(i)	3GS has complied with material terms of the lease and there is no outstanding material breach of such leases based on which the owners may terminate the same; and

  

	 	(ii)	no notices have been served on 3GS under such leases. 

  

	4.	Other Assets 

 Other than its interest in 3GS, the
Company has no interests in any other company, partnership or business. So far as the Vendor is aware, 3GS has no material interests in any company, partnership or business. 
  

	5.	Intellectual Property Rights 

 So far as the Vendor
is aware, no activity of the Group Companies infringes any patent, patent application, know-how, trade mark, trade mark application, trade name, registered design, copyright or other similar intellectual property right of any third party and no
claim has been made against any of the Group Companies in respect of such infringement. 
  

	6.	Employees 

  

	6.1	The Company has no employees. 

  

	6.2	So far as the Vendor is aware, 3GS has in relation to each of its employees complied with all material obligations imposed on it by all applicable legislation, regulations or codes
of conduct and practices and has maintained current, adequate and proper records regarding the service of each of such employees. 

  

 17 

	6.3	So far as the Vendor is aware, there is no existing or threatened or pending industrial dispute between 3GS and any of its employees. 

  

	6.4	There are no share option or share incentive or similar schemes for any employees of either of the Group Companies. 

  

	7.	Litigation 

 So far as the Vendor is aware, neither
of the Group Companies is engaged whether as plaintiff or defendant or otherwise in any claim, legal action, proceeding, suit, litigation, prosecution, investigation, complaint, grievance, proceeding, enquiry, arbitration or administrative or
criminal proceedings or any proceedings before any tribunal or government body including any appeals or similar applications for review and no such matter is pending or, is threatened by or against any person against or by either of the Group
Companies. 
  

	8.	Commercial Matters 

  

	8.1	So far as the Vendor is aware, each of the Group Companies has at all times carried on business, conducted its affairs and owned, leased or otherwise held its properties and assets
(as the case may be) in all material respects in accordance with its constitutional documents, business licence and/or any applicable laws, regulation, legislation, decree or order applicable to it for the time being in force and any other documents
to which it is or has been a party. 

  

	8.2	So far as the Vendor is aware, none of the Group Companies has entered into any material contracts. 

  

	8.3	No indebtedness or guarantee of any liability of either of the Group Companies exceeding US$100,000 has been demanded or has become payable before its due date by reason of default
by any of such Group Companies or any other person and, so far as the Vendor is aware, no circumstance has arisen such that any person is now entitled to require payment of any such indebtedness or guarantee of any such liability of either of the
Group Companies by reason of default by either of such Group Companies or any other person. 

  

	9.	Insurances 

 So far as the Vendor is aware, there
are existing valid policies of insurance against liabilities, risks and losses against which it is in accordance with local industry standards to insure in respect of property, machinery or equipment owned or used by and all businesses carried on by
3GS, including (without prejudice to the generality of the foregoing) liabilities arising out of or in connection with the employment of employees by 3GS, and nothing has been done or has been omitted to be done whereby any of the said policies has
or may become void or are likely to be avoided. 
  

 18 

	10.	Taxation 

  

	10.1	Save and except as disclosed in the Disclosure Letter, the Group Companies have paid all taxes, duties and levies as the same become due and payable and neither of them is or is
likely to be subject to any tax disputes. 

  

	10.2	Save and except as disclosed in the Disclosure Letter, neither of the Group Companies has outstanding liability for tax of any kind which has not been adequately provided for in the
Accounts and all taxation up to and including the Completion Date will either be duly paid by the relevant Group Company or adequately provided for in the Accounts. 

  

	11.	Call Centre Contracts 

  

	11.1	Each of the Call Centre Contracts provided to the Purchaser is true, complete and up to date copy of such contract. 

  

	11.2	Upon counter-signatures by the Vendor, the Call Centre Contracts will be valid, subsisting, binding and enforceable by the Vendor in accordance with their terms and in no way void
or, so far as the Vendor is aware, voidable and will not be terminated or prejudicially affected as a result of the transfer of the Sale Shares and as at Completion, the terms, covenants and conditions contained in Call Centre Contracts have been
duly performed and observed. 

  

	11.3	As at Completion, no notice of default under any of the Call Centre Contracts has been served upon the Vendor by either 3 UK or 3 Australia (as applicable), whether with a view to
ending such contracts or otherwise, none of the material provisions thereof has been repudiated by any party to a Call Centre Contract and no material dispute has arisen with any third parties as regards any obligations which the Vendor has
contracted to perform (and the Vendor is not aware of any circumstances which might give rise to any such notices and/or disputes). 

  

	11.4	The Vendor Call Centre Contracts do not constitute or create any binding obligations or commitments of any nature whatsoever on the part of 3GS unless and until 3GS has agreed to
the terms and conditions provided therein by counter-signing the same. 

  

	11.5	So far as the Vendor is aware, upon execution by 3GS of the Vendor Call Centre Contracts, the Vendor Call Centre Contracts shall be valid, subsisting, binding and enforceable by 3GS
against 3 UK and 3 Australia respectively. 

  

 19 

 SCHEDULE 4 
 Put and Call Options 
  

	1.	Grant of Options 

  

	1.1	In consideration of the Vendor agreeing to grant to the Purchaser a put option (the “Put Option”) as specified in paragraph 1.2 below, with effect from Completion
the Purchaser grants to the Vendor a call option (the “Call Option”, together with the “Put Option”, the “Options” and each an “Option”) to purchase all (but not part only) the
Option Shares at the exercise price (the “Exercise Price”) as specified in paragraph 2 below and otherwise on the terms and conditions as provided for in paragraph 4 below. 

  

	1.2	In consideration of the Purchaser agreeing to grant to the Vendor the Call Option, with effect from Completion the Vendor grants to the Purchaser the Put Option to sell all (but not
part only) the Option Shares at the Exercise Price on the terms and conditions as provided for in paragraph 4 below. 

  

	2.	Exercise of Option 

  

	2.1	Each Option may be exercised at any time during the period commencing on the date 3 years from the Completion Date and ending 5 years from the Completion Date (the “Option
Exercise Period”). 

  

	2.2	An Option may be exercised by a Party by serving a written notice (the “Option Notice”) to the other Party during the Option Exercise Period.

  

	2.3	If no Option Notice is served during the Option Exercise Period, the Options shall automatically lapse at 5 p.m. Hong Kong time on the last day of the Option Exercise Period.

  

	3.	Exercise Price of Option 

  

	3.1	An Option shall be exercised at the Exercise Price as calculated in the following formula:- 

 A + B + C - D 
  

					
	A	  	=	  	the Purchase Price (representing the Purchaser’s acquisition cost of the Sale Shares pursuant to the terms of this Agreement)
			
	B	  	=	  	Investment Cost (representing the cost of the Purchaser or its affiliates’ investment in the Group Companies, being the aggregate amount of all costs including, without limitation, capital
contributions, assignable loans and any other costs and expenses paid to the Group Companies or incurred or otherwise expended by the Purchaser or its affiliates on behalf of the Purchaser or in connection with the businesses of the Group Companies
(including, without limitation, the management costs and out-of-pocket expenses) from the Completion Date to the completion of exercise of Option in a manner consistent with the prior conduct of 3GS business or incurred with the prior written
consent of the Vendor, which consent shall not be unreasonably withheld or delayed (the “Option Completion”)), but excluding the Purchase Price)

  

 20 

					
			
	C	  	=	  	interest calculated on (i) the Purchase Price less any and all distributions by way of dividends or otherwise payable and paid by the Company to the Purchaser as shareholder during the period
from the Completion Date to the Option Completion (the “Relevant Period”) and (ii) the Investment Cost during the period from the date of expenditure or incurrence of the relevant investment cost to the Option Completion, both at
the rate of 1% per annum over USD 6 month-LIBOR (London Interbank Offer Rate) as quoted by The Hongkong and Shanghai Banking Corporation Limited for the offering of deposits in United States dollars compounded annually
			
	D	  	=	  	all distributions by way of dividends or otherwise payable and paid by the Company to the Purchaser as shareholder during the Relevant Period

  

	3.2	The Investment Cost for the purpose of paragraph 3.1 above shall be agreed by the Purchaser and the Vendor within 21 days after the date of the Option Notice or, failing agreement,
shall be determined by independent auditors (the “Auditors”) chosen by agreement between the Purchaser and the Vendor within 28 days after the date of the Option Notice or, failing agreement, appointed by the President of the Hong
Kong Society of Accountants at the request of either the Purchaser or the Vendor. The Auditors shall act for the Parties jointly. 

  

	3.3	If required to determine the Investment Cost, the Auditors shall notify the Parties of their determination within 30 days after their appointment. The fees of the Auditors shall be
borne by the Purchaser and the Vendor equally. 

  

	3.4	The Auditors shall act as experts and not as arbitrators and their determination shall be final and binding on the Parties (in the absence of fraud or manifest error).

  

 21 

	3.5	The Purchaser and the Vendor shall each provide the Auditors with all information which they reasonably require and the Auditors shall be entitled (to the extent they consider it
appropriate) to base their opinion on such information and on the accounting and other records of the Group Companies. 

  

	3.6	The Auditors shall be granted reasonable access to all accounting records and other relevant documents, management and relevant personnel of the Group Companies, subject to any
confidentiality obligations to which the Group Companies are subject. 

  

	4.	Sale and Purchase Agreement 

 Within 7 days after
the determination of the Investment Cost, the Purchaser as vendor and the Vendor as purchaser shall enter into the Sale and Purchase Agreement upon and subject to the same covenants and conditions as are contained in this Agreement except for the
following:- 
  

	 	(a)	Clauses 7 and 8 of this Agreement and this Schedule 4 shall not apply; 

  

	 	(b)	the Purchase Price payable by the Vendor as purchaser for the Sale Shares shall be calculated and determined in accordance with paragraph 3 above; 

  

	 	(c)	the Completion Date shall fall no later than the 90th day after the date of the Option Notice (or such later date as the Vendor and Purchaser may agree); and 

  

	 	(d)	in Clause 6.1, instead of the stated limits of US$200,000 and US$1,000,000, these limits shall be substituted by amounts equal to 1.4% and 7% of the Exercise Price.

 Completion shall be subject to and conditional upon compliance with any applicable laws or regulations or requirements of any
applicable stock exchange. 
  

	5.	Purchaser’s Right to Transfer Out 

 Notwithstanding any contrary provision contained herein or that an Option Notice has been issued, the Purchaser shall be entitled to acquire or cause to transfer to any third party, any options, subscription rights, pre-emptive rights or
any other rights of a similar nature relating to or in connection with the securities of Hutchison Essar Limited or any person with a direct or indirect interest in Hutchison Essar Limited (“HEL Rights”) that are held, whether
directly or indirectly, by the Group Companies or any of them. The Parties acknowledge and agree that calculation of the Exercise Price is based on the understanding and assumption that as at Option Completion the HEL Rights will not be held
(directly or indirectly) by the Group Companies or any or them. 
  

 22 

 SCHEDULE 5 
 CALL CENTRE CONSENT LETTER 
 Hutchison Call Centre Holdings Limited 
 [address] 
 [Date]

 [Hutchison 3G UK Limited (“3UK”) 
 Star House 
 20 Grenfell Road 
 Maidenhead 
 Berkshire, SL6 1EH 
 UK 
 For the Attention of: Mr. Eric Dinsey] 
 Dear Sirs 
 Managed Services Agreement
for Contact Centre Services (the “3UK Agreement”) between 3UK and Hutchison Call Centre Holdings Limited (“HCCH”) 
 We refer to the 3
UK Agreement and, pursuant to Clause 15 of such Agreement, we hereby write to notify 3 UK that HCCH wishes to subcontract the provision of the Contact Centre and the supply of Services (as defined in the 3 UK Agreement) to 3 Global Services Private
Limited (“GSPL”) and wishes to enter into a separate agreement with GSPL to this effect (the “GSPL Agreement”). 
 In
accordance with the terms of the 3 UK Agreement and to provide the necessary information for the purposes of the terms of the GSPL Agreement:- 
  

	 	1.	The terms of the GSPL Agreement comply with the provisions of Clause 15 of the 3 UK Agreement, 3 UK shall be entitled and take the benefit of any rights and remedies conferred on
HCCH pursuant to the GSPL Agreement or otherwise at law and 3 UK shall be able to enforce such right and remedies against GSPL; 

  

 23 

	 	2.	For the purposes of Clause 13.5 of the 3 UK Agreement, we understand that a separate agreement in the form set out in Schedule 2 to the 3 UK Agreement has already been entered into
between 3 UK and GSPL; 

  

	 	3.	For the purposes of the Steering Committee referred to in Schedule 8 of the 3 UK Agreement, the same committee has been established under the GSPL Agreement and we hereby notify you
that HCCH has nominated Messrs. Eric Dinsey, Andrew Moffat and John Vickerman as its First Representatives on the Steering Committee under the GSPL Agreement; and 

  

	 	4.	For the sake of completeness, for the purpose of Clause 26 of the 3 UK Agreement, we have also requested GSPL to send copies of all notices relating to the GSPL Agreement to 3 UK at
the following address:- 

 Address: Hutchison 3G UK Limited, Star House, 20 Grenfell Road, Maidenhead, 
 Berkshire, SL6 1EH 
 Fax No: +44 1628 765 109

 For the attention of: General Counsel 
 Kindly
confirm your agreement to the subcontracting by HCCH of the provision of the Contact Centre and the supply of Services to GSPL pursuant to the GSPL Agreement by countersigning the enclosed duplicate and returning it to us. 
 Yours faithfully 
  

			
	Signed on behalf of
	Hutchison Call Centre Holdings Limited
	
	Agreed and Accepted for and on behalf of
	Hutchison 3G UK Limited
		
	By	 	  

	By	 	  

	Date	 	  

	
	c.c. 3 Global Services Private Limited

  

 24

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