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News Release


10 October 2005
Kuala Lumpur
 

MULTINET ANNOUNCES SETTING UP OF FUND


Telekom Malaysia Berhad's (TM) subsidiary in Pakistan, Multinet Pakistan (Private) Limited (Multinet) has set up a special earthquake fund in light of the earthquake that shook the north of Pakistan.

In a statement released in Islamabad and Kuala Lumpur, TM said that it will provide the initial contribution of USD100,000 for relief efforts.

It was reported that the 7.6 magnitude earthquake struck on Saturday about 100 kilometers north-northeast of the Pakistani capital of Islamabad, in the forested mountains of Pakistani Kashmir. More than 20 aftershocks of 4.5 magnitudes had also affected the area.

"Multinet offices and infrastructure were not affected by the earthquakes. However, we understand that some members of the staff's families were affected. We are trying to ascertain the status of devastation," said Multinet Chairman Datuk Nur Jazlan Tan Sri Mohamed.

He added that he was moved by the death and destruction wrecked by the earthquakes that did not know boundaries and did not discriminate against social groups, race, religion or nationality.

Meanwhile, TM Group Chief Executive Officer, Dato' Abdul Wahid Omar said, "We would like to extend our condolences to the families who have lost their loved ones in this tragedy. We are deeply saddened by the loss and we join others in urging you to be strong in this time of bereavement."

He added that in this time of need, TM and Multinet should instantaneously turn its attention to relief and reconstruction efforts, which is indeed most necessary as thousands were left injured and homeless in Pakistan.

It was reported that the quake killed approximately 22,000 people in northern Pakistan and India.

TM is present in Pakistan through TM International which had entered into a joint venture fibre optic backbone project with Multinet early in the year. The national backbone project which would link over 75 major towns and cities in Pakistan would involve the laying of a very high capacity fibre optic backbone throughout the length and breadth of the country.

TM is looking to cooperate with other Government-linked companies (GLCs) operating in Pakistan to assist the country and its people to deal with the aftermath of the massive earthquake.

Meanwhile, the Malaysian Government had said that it will donate USD1 million and send at least 50 aid workers to help in Pakistan's earthquake relief efforts. A Malaysian contingent comprising rescue personnel, doctors and government officials is scheduled to depart for Pakistan later today. The team is expected to remain in Pakistan for about two weeks.

About Multinet Pakistan
Multinet is a licensed Electronic Information Services (EIS) Provider and Data Network Operation Services (DNOPS) Provider in Pakistan. The company is committed to the expansion of Information technology in the country and is enthusiastic to see the tremendous interest taken by the Government of Pakistan, which has prioritised growth in this area above most other efforts. On 16 February 2005, TM International announced the entry into a joint venture fiber optic backbone project with Multinet Pakistan (Private) Limited (Multinet). The deal was concluded on 5 April 2005. For further information visit www.multi.net.pk.

About TM
Telekom Malaysia Berhad (TM), a leading regional information and communications group, offers a comprehensive range of communication services and solutions in fixed-line, mobile, data and broadband. As one of the largest listed companies on Bursa Malaysia with an operating revenue of more than RM13 billion, TM is driven to deliver value to its stakeholders in a highly competitive environment.

The Group places emphasis on continuing customer service quality enhancements and innovations. Currently, with investments and operations in 12 countries around Asia and globally, TM is focused on sustainable growth in both the local and international markets.

For further information on TM, visit www.tm.com.my.

About TM International Sdn Bhd
Through its investment-holding arm, TM International, TM is one of the leading regional telecommunications companies with interests in Singapore, Sri Lanka, Bangladesh, Pakistan, Indonesia, Thailand and Cambodia. It also has selected investments in Africa namely in Guinea and Malawi.

TM International has a track record of adding value to its investments, and an approach which focuses on developing the skills and capabilities of its local management teams and working in partnership with these local teams to achieve strong market positions and profitability.

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