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Further to our announcement to the Exchange on 19 June 2002 regarding the above matter, we wish to inform that Telekom Malaysia Berhad ("TM") has withdrawn the application for Erinford Injunction against Profitera Corporation Sdn Bhd ("Profitera") at the continued hearing of the application fixed on 31 July 2002 as Profitera and TM have amicably resolved their differences with reference to the above application.

Notice of Discontinuance will be filed in court accordingly.