SUPPLEMENTAL LETTER
Exhibit 10
SUPPLEMENTAL LETTER
Date: 27 December, 2007
To: | (1) | Xxxxxxxxx Telecommunications Investment Holdings Limited (“HTIHL”) | ||
(2) | Xxxxxxxxx Whampoa Limited (“HWL”) |
Dear Sirs,
Re: Xxxxxxxxx Telecommunications International Limited (“HTIL”)
We refer to the agreement dated 4 December 2007 (the “Sale and Purchase Agreement”) and entered into amongst HTIHL, HWL, Orascom Telecom Holding S.A.E. and Orascom Telecom Eurasia Limited relating to the sale and purchase of 441,026,028 ordinary shares of nominal value HK$0.25 each in the issued share capital of HTIL. Terms used in this Letter shall have the same meanings as defined or ascribed thereto in the Sale and Purchase Agreement.
Under Clause 1.1 of the Sale and Purchase Agreement, “Closing Date” is defined to mean “4 January 2008 or such earlier date as the parties hereto may agree in writing”. We hereby write to request that you agree to Closing occurring on an earlier date, i.e. 3 January 2008. All other terms and conditions of the Sale and Purchase Agreement remain in full force and effect and unaffected by this letter agreement.
Please would you indicate your agreement to the above by signing and returning to us the duplicate of this Letter, which will form and constitute, and is to be construed as, part of the Sale and Purchase Agreement.
Yours faithfully
For and on behalf of | For and on behalf of | |||||||
Orascom Telecom Eurasia Limited | Orascom Telecom Holding S.A.E. | |||||||
/s/ Xxxxxx Xxxxxxx |
/s/ Xxxxxx Xxxxxxx | |||||||
Name: | Xxxxxx Xxxxxxx | Name: | Xxxxxx Xxxxxxx | |||||
Title: | Director | Title: | Chairman and CEO |
Confimed and agreed:
For and on behalf of | For and on behalf of | |||||||
Xxxxxxxxx Telecommunications | Xxxxxxxxx Whampoa Limited | |||||||
Investment Holdings Limited | ||||||||
/s/ Xxxxx Xxxx |
/s/ Xxxxx Xxxx | |||||||
Name: | Xxxxx Xxxx | Name: | Xxxxx Xxxx | |||||
Title: | Director | Title: | Deputy Group Managing Director |