Notice of Interest Sub. S-hldr (29B) - Temasek Holdings (Private) Limited ("Temasek")

05 December 2005

Particulars of substantial Securities Holder

Name

Temasek Holdings (Private) Limited ("Temasek")
Address

60B Orchard Road, #06-18 Tower 2, The Atrium@Orchard,

Singapore 238891

NRIC/Passport No/Company No. 197401143C
Nationality/Country of incorporation Singapore
Descriptions (Class & nominal value) Ordinary Share of RM1.00 each
Name & address of registered holder

1.HSBC Institutional Trust Services (Singapore) Limited ("HSBC"),

21 Collyer Quay #14-01, HSBC Building, Singapore 049320
2. Fullerton (Private) Limited ("FPL"), 60B Orchard Road,

#06-18 Tower 2, The Atrium@Orchard, Singapore 238891
3. DBS Asset Management Limited ("DBSAM"), 8 Cross Street,

#08-01 PWC Building, Singapore 048424
4. Mayban Nominees (Tempatan) Sdn. Bhd. ("Mayban"), 14th Floor

Menara Maybank, 100 Jalan Tun Perak, 50050 Kuala Lumpur

Details of changes

Type of transaction Date of change
No of securities
Price Transacted (RM)
Disposed 11/11/2005
50,000
Disposed 11/11/2005
250,000
Disposed 14/11/2005
43,500
Disposed 14/11/2005
100,200

Circumstances by reason of which change has occurred 1. Disposal of 50,000 shares by Fullerton Fund Management Company Ltd ("FFMC") for its discretionary mandate. By virtue of Temasek's 100% shareholding in FFMC, Temasek is deemed to be interested in these shares.

2. Disposal of 250,000 shares for the discretionary mandate of FPL, managed by FFMC. By virtue of Temasek's 100% shareholding in FPL and FFMC, Temasek is deemed to be interested in these shares.

3. Disposal of 43,500 covered warrants by DBSAM for its discretionary mandate. DBSAM is a subsidiary of DBS Group Holdings Ltd ("DBS"). Since Temasek and its associates are entitled to exercise approximately 28% shares of the votes attached to the voting shares of DBS, Temasek is deemed to be interested in these shares.

4. Disposal of 100,200 covered warrants by Mayban for the discretionary mandate of Hwang-DBS (Malaysia) Berhad ("Hwang-DBS"). DBS Vickers Securities (Malaysia) Pte Ltd, a subsidiary of DBS, owns approximately 23% of Hwang-DBS. Temasek is deemed to be interested in these shares by virtue of its interest in DBS, as indicated in item (3) above.
Nature of interest Indirect
Direct (units)
Direct (%)
Indirect/deemed interest (units) 178,065,600
Indirect/deemed interest (%) 5.25
Total no of securities after change 178,065,600
Date of notice 18/11/2005

Remarks :
The total number of securities of 178,065,600 includes 8,148,200 underlying shares in covered warrants purchased in the name of HSBC (M) Trustee Bhd as trustee for discretionary mandates managed by Hwang-DBS Investment Management Bhd ("HDIM"). HDIM is a subsidiary of Hwang-DBS (Malaysia) Bhd which is in turn approximately 23% owned by DBS Vickers Securities (Malaysia) Sdn. Bhd. ("DBSVM"). DBSVM is a subsidiary of DBS Group Holdings Limited ("DBS") which is in turn approximately 28% owned by Temasek. Temasek is deemed to have an interest in shares of Telekom Malaysia Berhad ("TM") managed by HDIM by operation of S6A(4) of the Companies Act, 1965.

The percentage holding of 5.25% was based on TM's total issued and paid-up ordinary shares as at 14 November 2005.


Announcement Info

Company Name TELEKOM MALAYSIA BERHAD
Stock Name TELEKOM
Date Announced 5 Dec 2005
Category Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference No TM-051117-D2B58