Article Entitled : "Telekom Nominees To Replace 4 TRI Directors?"

02 July 2002

Type Reply to query
Reply to Query Letter by KLSE reference ID ZO-020701-55777
Subject ARTICLE ENTITLED : "Telekom nominees to replace 4 TRI directors?"

Contents :

We refer to the query of the Kuala Lumpur Stock Exchange in respect of the following statements in the article of the New Straits Times on Monday, 1 July 2002 entitled "Telekom nominees to replace 4 TRI directors?":


1. "An independent committee is also to be set up to look into Telekom's plan to merge its cellular operator TM Touch with TRI's Celcom."

2. "Telekom's nominees - Khir, Datuk Mohd Munir Abdul Majid, Rosli Man and Lim Kheng Guan - are expected to be nominated and ratified at a TRI board meeting on Wednesday".

3. "They will replace the four directors stepping down - chairman Tan Sri Tajudin Ramli, Lim, Bistaman Ramli and Mohamed Ali Yusof".

We would like to draw your attention to the media statement of Technology Resources Industries Berhad ("TRI") on 1 July 2002 which stated that the above appointments and resignations and the setting up of an independent committee is expected to be considered at a board meeting of TRI to be convened on Wednesday, 3 July 2002.

Accordingly, Telekom Malaysia Berhad is unable to confirm the above statements at this juncture.

Query Letter Contents :

We refer to the above news article appearing in the New Straits Times, Business
Times section, pages B1 B1 and B6 , on Monday, 1 July 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:-
"An independent committee is also to be set up to look into Telekom's plan to
merge its cellular operator TMTouch with TRI's Celcom."
"Telekom's nominees - Khir, Datuk Mohd Munir Abdul Majid, Rosli Man and Lim
Kheng Guan - are expected to be nominated and ratified at a TRI board meeting
on Wednesday."
"They will replace the four directors stepping down - chairman Tan Sri Tajudin
Ramli, Lim, Bistaman Ramli and Mohamed Ali Yusof."
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/YYT/ZOOS
c.c. Securities Commission (via fax)


Announcement Info

Company Name TELEKOM MALAYSIA BERHAD
Stock Name TELEKOM
Date Announced 2 Jul 2002
Category General Announcement
Reference No TM-020702-62689