Contents :

• • • • RM1,983.5 million nominal value 10-year Redeemable Unsecured Bonds (“Telekom Bonds Tranche 1”); and
      • RM1,000 million nominal value 15-year Redeemable Unsecured Bonds (“Telekom Bonds Tranche 2”)
  • • • 1,000 Class A RPS of RM0.01 each (“Telekom RPS A”) at an issue price of RM1.00 each; and
      • 1,000 Class B RPS of RM0.01 each (“Telekom RPS B”) at an issue price of RM1.00 each
We refer to our announcement dated 30 December 2003 (Ref. No.: MM-031230-54955) on the issuance of the following:

(I) RM2,983.5 million nominal value Redeemable Unsecured Bonds (“Telekom Bonds”) by Telekom (“Proposed Telekom Bonds Issues”) comprising:


(II) 2,000 Redeemable Preference Shares (“RPS”) of RM0.01 each (“Telekom RPS”) comprising:


We are pleased to announce dividends in respect of the following:

• (i) Telekom RPS A, a gross dividend of RM85,875,252.10 or RM85,875.25 per RPS (net dividend of RM61,830,181.51 or RM61,830.18 per RPS). This represents a gross dividend rate of 8,587,525.21% per RPS (net dividend rate of 6,183,018.15% per RPS); and(ii) Telekom RPS B, a gross dividend of RM36,358,447.49 or RM36,358.45 per RPS (net dividend of RM26,178,082.19 or RM26,178.08 per RPS). This represents a gross dividend rate of 3,635,844.75% per RPS (net dividend rate of 2,617,808.22% per RPS).
  
  The net dividend on Telekom RPS A represents interest payable on the Telekom Bonds Tranche 1 for the six (6) months ending 30 June 2005.
  
  The net dividend on Telekom RPS B represents interest payable on the Telekom Bonds Tranche 2 for the six (6) months ending 30 June 2005.
  
  The entitlement date for the above dividends is 13 June 2005.
  
  This announcement is dated 13 June 2005.