HONG KONG, March 17, 2010 (GLOBE NEWSWIRE) -- Hong Kong Broadband
Network Ltd ("HKBN"), a wholly owned subsidiary of City Telecom (HK)
Limited, (HKSE:1137) (Nasdaq:CTEL), today announced the launch of a
Global Search for "CXO of the Future" Management Trainees. Management
Trainees hired under this program will be groomed to become our future
CEO, CFO, CTO etc in 15-20 years time, i.e. 2025-2030.

"We are searching around the World, for Talents that we can groom to
become my potential replacement in 15-20 years time," William Yeung,
CEO said. "We aim at bringing in Talents from different cultural and
academic backgrounds. Our belief is that this will bring fresh
dimensions and creativity to our business. We are searching for World
Class Talents who are passionate about making a positive impact for our
home in Hong Kong"

This challenging 18-month program offers exposure to the full spectrum
of our operations, including shadowing our current Chairman, Ricky
Wong, and CEO, William Yeung, with a package consisting of
HK$20,000-22,000/month plus discretionary bonus. Qualified Talents will
be offered a highly accelerated career path to management grade within
four years.

In return, we require passing Certified Financial Analyst (CFA) Level
1, running a half marathon and reflections on one book per month during
the 18 month program. Shortlisted candidates will be required to
survive an overnight outward bound final selection process. Last year
we had 400 applicants and we hired 3 Management Trainees. This year, we
expect the competition for these slots to be even more severe.

Applications for this "CXO of Future" program will be accepted until 10
April 2010.Outline of the program is available
athttp://www.ctigroup.com.hk/en/pdf/CTI_MT_Recruitment2010.pdfand
submissions can be made
athttp://jobs.monster.com.hk/details/8035249.html?sig=js-5-bfd9b684e9b0
8cfa011063ca884ad150-1&from.Or at
http://sg2.i-grasp.com/fe/tpl_citytelecom01.asp?newms=sr

For more details, please visit
http://reg.hkbn.net/ctigroup_admin/files_upload/100317PRGlobalSearchCEO
e.pdf

About City Telecom (HK) Limited / Hong Kong Broadband Network Limited

Established in 1992, City Telecom (H.K.) Limited (HKSE:1137)
(Nasdaq:CTEL) provides integrated telecommunications services in Hong
Kong via its own self-built fibre network. City Telecom's wholly-owned
subsidiary, Hong Kong Broadband Network Limited (HKBN), is the second
largest and fastest growing broadband service provider in Hong Kong.
HKBN offers a diversified portfolio of innovative products that service
over 1,004,000 subscriptions for broadband, local telephony, IP-TV and
corporate data services. The Company has built a solid market position
with top-of-the-line applications and practices enabling it substantial
growth. The company takes great pride in developing its 3,000 Talent
force into a competitive advantage. Additional information on City
Telecom can be found at www.ctigroup.com.hk.


CONTACT:  City Telecom (H.K.) Limited
          Corporate Communications
          Ms. Jessie Cheng
            +852 3145 4118
            Fax: +852 2199 8372
            chengcm@ctihk.com
          Investor Engagement
          Ms. Peggy Chan
            +852 3145 6068
            Fax: +852 2199 8655
            investor_engagement@ctihk.com