Contents :

• The letter dated 18 February 2002 from the Exchange regarding the following sentences appearing in the above news article on Bloomberg, on Monday, 18 February 2002, refers :-
  • 1. "Telekom Malaysia Bhd....The country's biggest phone company is among seven companies seeking to buy control of PT Indosat, Indonesia's main overseas operator..."
    2. "...the government will allow it to raise domestic fixed-line call charges by as much as a third from next month."


Sentence No. 1

We wish to inform the Exchange that Telekom Malaysia Berhad ("TM") is currently not engaged in any discussion or negotiation with PT Indosat. However, it will continue to explore telecommunications opportunities, both domestic and abroad, in line with its regional strategy.

Sentence No. 2

We refer to the second sentence and wish to inform that the Ministry of Energy, Communications and Multimedia has make a press statement on fixed line tariff rebalancing today. The press release is attached herewith for the Exchange's information.

Query Letter Contents :

We refer to the above news article appearing on Bloomberg, on Monday, 18
February 2002, 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. ... The country's biggest phone company is among seven
companies seeking to buy control of PT Indosat, Indonesia's main overseas
operator ..."
"... the government will allow it to raise domestic fixed-line call charges by
as much as a third from next month."
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,
major 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)