Kuala Lumpur, 15 April 2001

MINISTER OF ENERGY, COMMUNICATIONS & MULTIMEDIA LAUNCHES TELEKOM MALAYSIA'S LIFESTYLE PORTAL BLUEHYPPO.COM

Kuala Lumpur, 15/4/2001 Minister of Energy, Communications & Multimedia, Yang Berhormat Datuk Amar Leo Moggie today launched Telekom Malaysia's lifestyle portal, BlueHyppo.com. Also present at the launching ceremony was the Chief Executive of Telekom Malaysia, Dato' Dr. Md. Khir bin Abdul Rahman.

BlueHyppo.com is Telekom Malaysia's latest web-related venture adding to a growing array of products and services the Group has introduced to the Malaysian market. As a home-grown product, the portal is yet another manifestation of the pool of knowledge and expertise available within the Group in the dynamic information, communication and technology (ICT) business.

BlueHyppo.com promises to be like no other lifestyle portal. The name itself is evocative of the seemingly limitless capabilities and size of the portal. Six popular channels will be available at launch, with plans to offer many more channels progressively. In terms of content, the portal has been designed as a one-stop destination appealing to a wide spectrum of web surfers. The outstanding content includes something to suit every taste, including updates on global and local issues, the latest from the world of finance, sports, entertainment news, fashion highlights, career tips, pointers on working out, hip-hop, bites to bytes and the best eating places. There will even be a special section on Islamic lifestyle and a comprehensive Chinese portlet. Many other features are currently under development and will be launched to keep pace with current trends and surfer interests.

Aside from content, BlueHyppo.com offers a host of other value-added services. Surfers will be able to browse the web, keep in touch with free web mail or create their own space on the worldwide web. Die-hard shoppers can list items for sale or exchange at a lively auction site or look up bargains in the classified section. Users can store files and images in the free hard disk space provided or they can take advantage of the instant messaging functions to chat and make new friends. There are also extensive forums surfers can join and discuss or exchange ideas and views with others on issues of topical interest.

The launch of BlueHyppo.com will be backed by an extensive advertising and promotion blitz that will be conducted throughout the year. The campaign will be extended to merchandising, road shows and special publicity events all of which are designed to create awareness, imprint brand imaging and build consumer loyalty.

BlueHyppo.com is expected to generate an estimated 120 million page views in its first year alone. This figure is expected to grow exponentially to more than two billion page views by the year 2005, making BlueHyppo.com Malaysia's most popular home-grown portal. Advertisers are therefore presented with a unique opportunity to connect with a new generation of young, highly educated and affluent Malaysian consumers. Tapping the inherent synergy with Telekom Malaysia's TMnet and Netmyne, advertisers on BlueHyppo.com can widen the reach and effectiveness of their communications.

In developing BlueHyppo.com, Telekom Malaysia is joining the government's initiatives to transform the Malaysian economy into one that is knowledge-based. In the new Digital Economy, the Internet is set to play an important role in transforming the way we live, work and play. With its diverse and outstanding content, BlueHyppo.com will serve as an excellent entry point for Malaysians to become Internet savvy.

Telekom Malaysia is also committed to bridging the digital divide that exists between the urban and rural areas. In this regard, Telekom Malaysia has recently entered into a strategic alliance agreement with a local ICT company to provide the Malaysian public with easy access to TMnet by offering its services through non-traditional personal computer domain. The launch of BlueHyppo.com will complement the Group's efforts in this area, by encouraging users to access the Internet and be a participant in the global digital community.