We refer to the announcements dated 27 March 2014, 30 September 2014, 17 September 2015, 11 February 2016 and 7 September 2016 in relation to the Investment in webe (Announcements). Unless otherwise stated, the definitions used herein shall have the same meanings as set out in the Announcements.

TM wishes to announce that Mobikom, had on 28 September 2017 subscribed to RM495,000,000 nominal value of the third tranche issuance of the Convertible Medium Term Note (“CMTN” previously referred to as “Convertible Bonds”) under the CMTN Programme issued by webe. The proceeds of this third tranche CMTN subscription will be utilised to fund the implementation of webe’s business plan.

As a result of Mobikom’s subscription to this third tranche CMTN, TM’s (via Mobikom) shareholding in webe on a fully diluted basis is 85.9%, while Green Packet Berhad (via Packet One Sdn Bhd) and SK Telecom Co. Ltd is 10.3% and 3.8% respectively, under the terms of the Investment Agreement. TM’s (via Mobikom) shareholding in the ordinary equity of webe remains at 72.9%, subject to further conversion of the CMTNs and/or exchange and conversion of the Exchangeable Medium Term Note into webe’s shares.

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

This announcement is dated 28 September 2017.