Article Entitled: "TMNET And Jaring May Agree On Merger Within This Year"

18 September 2003

Type

Reply to query
Reply to Query Letter by KLSE reference ID ZO-030917-56054
Subject ARTICLE ENTITLED: "TMNet and Jaring may agree on merger within this year"

Contents :

We refer to the query of the Kuala Lumpur Stock Exchange ("the Exchange") in respect of the following statement appearing on page 4 of the Sin Chew Business Section, Sin Chew Daily on Wednesday, 17 September 2003:-

"...........Telekom 's owned TMNet and Jaring are expected to merge within this year",


and wish to confirm that Telekom Malaysia Berhad ("TM") would be discussing with the relevant parties to agree on the terms and conditions of the proposed merger.

We will announce to the Exchange as soon as the said terms and conditions are finalised.

Query Letter Contents :

We refer to the above news article appearing in Sin Chew Daily, Sin Chew
Business section, page 4, on Wednesday, 17 September 2003, a copy of which is
enclosed for your reference.
In particular, we would like to draw your attention to the underlined sentence
which states that Telekom's owned TMNet and Jaring are expected to merge
within this year.
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
Sector Head, Issues & Listing
LL/WSW/ZOOS
c.c. Securities Commission (via fax)


Announcement Info

Company Name TELEKOM MALAYSIA BERHAD
Stock Name TELEKOM
Date Announced 18 Sept 2003
Category General Announcement
Reference No TM-030918-59838