Proposed Acquisition Of 27.3% Equity Interest In Pt Excelcomindo Pratama ("Excelcomindo") For Cash Consideration Of USD314 Million (Approximately RM1,193.2 Million)

15 March 2005

Type

Announcement
Subject TELEKOM MALAYSIA BERHAD ("TM" OR "COMPANY")

PROPOSED ACQUISITION OF 27.3% EQUITY INTEREST IN PT EXCELCOMINDO PRATAMA ("EXCELCOMINDO") FOR CASH CONSIDERATION OF USD314 MILLION (APPROXIMATELY RM1,193.2 MILLION)

Contents :

We refer to our announcement dated 12 January 2005.

On behalf of the Board of Directors of TM, we wish to announce that TM International (L) Limited (a wholly-owned subsidiary of TM), PT Telekomindo Primabhakti and Rogan Partners Inc. have agreed to extend the completion date of the acquisition by the TM group of 4.2% equity interest in Excelcomindo to 15 June 2005.

This announcement is dated 15 March 2005.


Announcement Info

Company Name TELEKOM MALAYSIA BERHAD
Stock Name TELEKOM
Date Announced 15 Mar 2005
Category General Announcement
Reference No MM-050314-65870