Contents :

We refer to the Exchange's letter dated 21 June 2002 regarding the following sentence appearing in the Malay Mail, page 23, on Friday, 21 June 2002 :-

"TECHNOLOGY Resources Industries Bhd (TRI) is prepared to sign a sale and purchase (S and P) agreement with Telekom Malaysia Berhad to acquire the loss-making TM Cellular Sdn Bhd ..."

We wish to clarify that Telekom Malaysia Berhad (TM) has not received any notice from TRI on its preparedness to sign a sale and purchase agreement with TM in relation to the acquisition of TM Cellular Sdn Bhd.

However, TM has on 20 June 2002 received a letter from TRI proposing to :-

(i) commence discussions immediately on the terms of a merger with TM Touch ;

(ii) exchange information on TM Touch and Celcom to allow for due diligence to take place ; and

(iii) agree a timetable to announcement.

Query Letter Contents :

We refer to the above news article appearing in The Malay Mail, page 23, on
Friday, 21 June 2002, a copy of which is enclosed for your reference.
In particular, we would like to draw your attention to the underlined sentence,
which is reproduced as follows:-
"TECHNOLOGY Resources Industries Bhd (TRI) is prepared to sign a sale and
purchase (S and P) agreement with Telekom Malaysia Bhd to acquire the
loss-making TM Cellular Sdn Bhd..."
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 sentence 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 sentence 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 sentence 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)