We refer to the announcements dated 27 March 2014, 30 September 2014 and 17 September 2015 in relation to the investment in Packet One Networks (Malaysia) Sdn Bhd (“P1”) (“Announcements”). Unless otherwise stated, the definitions used herein shall have the same meanings as set out in the Announcements.

TM wishes to announce that its wholly owned subsidiary, Mobikom Sdn Bhd (“Mobikom”) had received 10,674,640 new P1 Shares pursuant to the early conversion of the Convertible Medium Term Notes subscribed by Mobikom on 15 September 2015 under the CMTN Programme issued by P1.

In addition, P1 has issued 133,726 new P1 Shares to Mobikom due to net debt adjustment in accordance to the terms of the Investment Agreement dated 27 March 2014.

Pursuant to the additional 10,808,366 new P1 Shares issued by P1 to Mobikom, TM’s (via Mobikom) shareholding in the ordinary equity of P1 has increased from 55.3% to 72.9%, while the balance are currently held by Green Packet Berhad (via its wholly owned subsidiary, Packet One Sdn Bhd) and SK Telecom Co., Ltd at 18.9% and 8.2% respectively.

None of the Directors and major shareholders of TM and/ or persons connected to them have any interest, direct or indirect, in the investment in P1.

This announcement is dated 11 February 2016.