We refer to the above news articles appearing in Business Times, The New Straits Times on 19 October 2012, with particular reference to the sentences reproduced as follows:-

“Telekom Malaysia Bhd, the country's biggest phone company, is seeking approval from the Finance Ministry to make a RM1.8 billion bid for Green Packet Bhd's wireless broadband unit, Packet One Sdn Bhd (P1). Business Times understands that the company sought the approval yesterday.”

Telekom Malaysia Berhad ("TM") wishes to highlight that the article is misleading as it is based on speculation. TM has not announced any interest to bid for the stake nor seek any approval to do so.

TM is however always in search of value creating opportunities as part of our strategy and rest assured, will make any necessary announcements to our stakeholders, where so required.

TM has written to Business Times ("BT") and requested that clarification to be published for the benefit of BT readers and public at large.


This announcement is dated 19 October 2012.