Contents :

On behalf of TM, we are pleased to announce that SunShare Investments Ltd (“SunShare”) has today completed the acquisition of 118,526,670 ordinary shares of Singapore Dollar 0.20 each in M1, representing approximately 12.06% of the issued and paid-up capital of M1, from Great Eastern Telecommunications Ltd (“GET”).

Based on SunShare’s shareholding in M1 as at 27 October 2005, and with the completion of the acquisition of M1 shares from GET, SunShare’s total equity interest in M1 is now 24.35%.

This announcement is dated 28 October 2005.