[Execution version TELEFÓNICA INTERNACIONAL, S.A.U. AND CHINA NETCOM GROUP CORPORATION (BVI) LIMITED SHARE PURCHASE AGREEMENT FOR THE SALE AND PURCHASE OF SHARES IN CHINA UNICOM (HONG KONG) LIMITED CONTENTS Clause Page 1. Interpretation 2 2. Sale And Purchase 5 3. Condition 5 4. Completion] [CUSIP No. Y1505N 10 0 13D]

[TELEFÓNICA INTERNACIONAL, S.A.U. AND CHINA NETCOM GROUP CORPORATION (BVI) LIMITED SHARE PURCHASE AGREEMENT FOR THE SALE AND PURCHASE OF SHARES IN CHINA UNICOM (HONG KONG) LIMITED - 1 - CONTENTS Clause Page 1. Interpretation 3 2. Sale And Purchase 6 3. Condition 6 4. Completion 7 8 6. Lock Up 8] [1. NAME OF REPORTING PERSON CHINA UNITED NETWORK COMMUNICATIONS GROUP COMPANY LIMITED (1) 2.]