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“TELEKOM Malaysia Berhad, South-east Asia’s second-largest phone company, has signed an agreement to buy one of the office towers at Plaza Cygal in a deal valued as much as RM150 million.”

We wish to inform the Exchange that Telekom Malaysia Berhad (“TM”) has on 4 February 2005, entered into a Sale and Purchase Agreement with Cygal Development Sdn Bhd and Ital-Pacific Development Sdn Bhd for the purchase of a twenty storey office tower, known as Tower 1, Plaza Cygal, at a purchase consideration of RM65.8 million (based on a net usable area of 188,122 square feet) and not RM150 million as reported in the said Article.

Tower 1, Plaza Cygal which is located adjacent to Menara Telekom, TM Group Corporate Headquarters, was acquired to met the requirements of various business units of TM, currently renting premises from third parties.