Further Resource Sharing to Bolster Core Competencies China Tower's Profit Attributable to the Company Increased by 16.9%

Note 1: EBITDA is calculated by operating profit plus depreciation and amortization.
Note 2: EBITDA margin is calculated by dividing EBITDA by operating revenue, and multiplying the resulting valueby 100%.
Note 3: Free cash flow is the net cash generated from operating activities minus the capital expenditures.
Note 4: Gearing ratio is calculated as net debt divided by the sum of total equity and net debt, then multiplied by100%. Net debt is calculated as the amount of interest-bearing liabilities minus the amount of cash and cash equivalents.

SOURCE: China Tower Corporation Limited