Article Entitled: "Telekom Malaysia To Buy Internet Provider Jaring"

10 January 2001

Type Reply to query
Reply to Query Letter by KLSE reference ID ZO-010109-53790
Subject ARTICLE ENTITLED: "Telekom Malaysia To Buy Internet Provider Jaring"

Contents :

We refer to the above news appearing on Bloomberg, on Tuesday, 9 January 2000, wherein it was stated as follows: -


"Telekom Malaysia Bhd. (P.TEL), Malaysia's largest telecommunications company, is close to buying state-owned internet-service provider Jaring ...."

".... Jaring is expected to be merged with internet -service provider TMNet, owned by Telekom Malaysia"

We wish to inform the Exchange that a preliminary assessment is being carried out by the Company on the possibility of acquiring Jaring.

TM will issue the necessary announcement to the Exchange as soon as a firm decision is made on this matter.

Thank you.



Query Letter Contents :

We refer to the above news article appearing on Bloomberg, on Tuesday, 9
January 2001, a copy of which is enclosed for your reference.
In particular, we would like to draw your attention to the underlined sentences
which are reproduced as follows:-
"Telekom Malaysia Bhd. (P.TEL), Malaysia's largest telecommunications company,
is close to buying state-owned internet-service provider Jaring ..."
"... Jaring is expected to be merged with internet-service provider TMNet,
owned by Telekom Malaysia."
In accordance with the Exchange's Corporate Disclosure Policy, you are
requested to furnish the Exchange with an announcement for public release
confirming or denying the above reported article and in particular the
underlined sentences after due and diligent enquiry with all the directors,
substantial shareholders and all such other persons reasonably familiar with
the matters about which the disclosure is to be made in this respect. In the
event you deny the above sentences or any other part of the above reported
article, you are required to set forth facts sufficient to clarify any
misleading aspects of the same. In the event you confirm the above sentences or
any other part of the above reported article, you are required to set forth
facts sufficient to support the same.
Please furnish the Exchange with your reply within one (1) market day from the
date hereof.
Yours faithfully


LISA LAM
Senior Manager, Listing Operations
LL/ASL/ZOOS
c.c. Securities Commission (via fax)


Announcement Info

Company Name TELEKOM MALAYSIA BERHAD
Stock Name TELEKOM
Date Announced 10 Jan 2001
Category General Announcement
Reference No TM-010110-952A1