chinadotcom corporation Executives Named "Young Entrepreneurs of the Year"

chinadotcom corporation Executives Named "Young Entrepreneurs of the Year"

Hong Kong, December 10, 1999 — chinadotcom corporation [NASDAQ: CHINA] announced today that Mr. Peter Hamilton, Chief Operating Officer and acting Chief Financial Officer, and Mr. Ian Henry, President, International, have been named "Young Entrepreneurs of the Year" at the 1999 DHL Worldwide Express / South China Morning Post Business Awards.

Mr. Peter Yip, Chief Executive Officer, said, "We are very proud of Peter and Ian. On behalf of the entire company, I congratulate them on receiving this award, and I would also like to thank them for their hard work , creativity and dedication, which clearly has been reflected in the great success chinadotcom corporation has experienced not only in the past five months since our initial public offering, but since the company's inception in 1997. Their innovation and their passion for what they do is truly inspiring."

Mr. Hamilton and Mr. Henry were co-founders of the Web Connection in March 1995, which is now a wholly-owned subsidiary of chinadotcom corporation.

Both Mr. Hamilton and Mr. Henry were instrumental in taking chinadotcom corporation through its initial public offering in July 1999, at which time they held the roles of Chief Operating Officer and Senior Vice President, Strategy, respectively.

Mr. Hamilton commented, "I am very honoured to be receiving this award. I would also like to thank all the people who worked with Ian and me at the Web Connection, whose hard work and belief in the company gave us daily incentive to strive for the best. chinadotcom corporation has helped us to build the momentum we needed to achieve our business goals."

Mr. Henry also added that, "By virtue of this region's geography, conducting business here can be complex due to languages and cultures. We realized that we needed to deliver services that would enable our clients to avoid having to worry about geographical restrictions. We do this by operating in 10 markets through out the region, and by offering integrated online advertising,

e-business solution, and portal distribution services."

The Hong Kong Business Awards, sponsored by DHL Worldwide Express and the South China Morning Post, are given to recognize contributions made by individuals and companies that maintain and expand the economic viability and international stature of Hong Kong. They also aim to create an environment that will encourage and sustain entrepreneurial spirit and highlight high standards of corporate management.

About chinadotcom corporation

chinadotcom corporation is the first pan-Asian, China-focused integrated Internet company listed in the United States [NASDAQ: CHINA].The company provides a full range of Internet services that; 1) build e-commerce strategy and solutions (the Web Connection), 2) distribute content via its portal network (,,, and, and 3) sell services through online advertising (24/7 Media Asia). chinadotcom corporation is committed to enabling digital communities to realize their full Internet potential, thereby facilitating the development of the Internet in China and across Asia. The company has over 700 employees in 17 offices across 10 Asian markets. In Mainland China, the company has five offices and over 200 employees. Major corporate shareholders include America Online Inc., Mitsui & Co. Ltd., Sun Microsystems Inc., New World Infrastructure, Nortel Networks Corporation, and 24/7 Media Inc..

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