Article Entitled: "Telekom Chief Meets Indosat Directors Over Share Sale"

06 June 2002

Type Reply to query
Reply to Query Letter by KLSE reference ID ZO-020605-53294
Subject ARTICLE ENTITLED: "Telekom chief meets Indosat directors over share sale"

Contents :

We refer to the Exchange's letter dated 5 June 2002 regarding the following sentences appearing in The Star, Business section on Wednesday, 5 June 2002: -

  1. "Telekom Malaysia Bhd chairman Muhammad Radzi Mansor on Monday met directors of PT Indonesian Satellite Corp, a company in which the Indonesian government plans to sell shares."
  2. "So far, Telekom Malaysia is the only one who has formally expressed interest in the Indosat stake..."

We wish to clarify that the meeting between the Chairman of Telekom Malaysia with directors of PT Indonesian Satellite Corp was held as part of the program during the Indonesia-Malaysia Business Forum. The meeting was to establish and strengthen cooperative business relations between regional entities.

Telekom Malaysia wishes to deny having made any formal expression of interest in the Indosat stake.

Query Letter Contents :

We refer to the above news article appearing in The Star, Business section,
page 3, on Wednesday, 5 June 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 chairman Muhammad Radzi Mansor on Monday met directors of
PT Indonesian Satellite Corp, a company in which the Indonesian government
plans to sell shares."
"So far, Telekom Malaysia is the only one who has formally expressed interest
in the Indosat stake ..."
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/WSW/ZOOS
c.c. Securities Commission (via fax)


Announcement Info

Company Name TELEKOM MALAYSIA BERHAD
Stock Name TELEKOM
Date Announced 6 Jun 2002
Category General Announcement
Reference No TM-020606-45439