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In its proposed resolutions, TESB has sought to separate the RRPTs into transactions entered into with the DeTeAsia Group, the Edaran Group, TM and Fiberail Sdn Bhd as detailed in the Circular to Shareholders of TRI dated 10 June 2002 in relation to the Proposed Shareholders' Mandate for RRPTs.

If the resolution to propose for the separation of the resolutions is carried, there will be four (4) distinct ordinary resolutions to be voted on by the shareholders of TRI at the EGM of TRI on 26 June 2002 for the respective RRPTs instead of one.

TESB, having assessed the Circular to shareholders of TRI dated 10 June 2002, is of the view that there are certain significant transactions (which have been combined together in the original sole ordinary resolution) on which TESB has the right to exercise its vote. Such transactions include those entered into with the DeTeAsia Group and the Edaran Group (“Transactions Unrelated to TM”).

By grouping all such transactions with the RRPTs between the TRI Group and TM under a single resolution, TESB has been denied the opportunity to exercise its right to vote on such significant transactions notwithstanding that TESB is not an interested party to these transactions.

As such, TESB has requested the Board of TRI to separate the resolutions to allow TESB the opportunity to exercise its vote on the Transactions Unrelated to TM.

In accordance with the Listing Requirements of the Kuala Lumpur Stock Exchange, TESB shall continue to abstain from voting at the EGM on the relevant RRPT resolutions in relation to TM and Fiberail Sdn Bhd.