Article Entitled :"Deutsche Names Price For TRI Stake"

03 July 2002

Type Reply to query
Reply to Query Letter by KLSE reference ID ZO-020702-56637
Subject ARTICLE ENTITLED :"Deutsche names price for TRI stake"

Contents :



We refer to the query of the Kuala Lumpur Stock Exchange in respect of the following statement in the article of the Malay Mail on Saturday, 29 June 2002 entitled "Deutsche names price for TRI stake":

"Deutsche Telekom AG is believed to be seeking a minimum of RM4 a share plus a 10-year contract from Telekom Malaysia Bhd as part of the deal for the German company to exit from Technology Resources Industries Bhd (TRI)."

With respect to the above statement, Telekom Malaysia Berhad ("TM") wishes to confirm that it has not received any indication from Deutsche Telekom AG that it is seeking a minimum of RM4 a share and a 10-year contract from TM to exit from Technology Resources Industries Berhad.

Query Letter Contents :

We refer to the above news article appearing in The Malay Mail, page 20 , on
Saturday, 29 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:-
"DEUTSCHE Telekom AG is believed to be seeking a minimum of RM4 a share plus a
10-year contract from Telekom Malaysia Bhd as part of the deal for the German
company to exit from Technology Resources Industries Bhd (TRI)."
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/ASL/ZOOS
c.c. Securities Commission (via fax)


Announcement Info

Company Name TELEKOM MALAYSIA BERHAD
Stock Name TELEKOM
Date Announced 3 Jul 2002
Category General Announcement
Reference No TM-020703-62195