Axiata strives to raise our shareholder value by striking a balance between
short-term profitability and long-term growth.

On 25 August 2016, the Board of Directors of Axiata announced an interim single tier dividend of 5 sen per Axiata Share held for the financial year ending 31 December 2016 ("Interim Dividend") and determined that the DRS will be applicable to the Interim Dividend.

Key dates on the DRS for the Interim Dividend ("DRS-Interim Dividend") are as follows:-

The new Axiata Shares under the DRS-Interim Dividend will be issued at the issue price of RM4.85 per Axiata Share ("Issue Price") as determined on the Price Fixing Date. The Issue Price represents a discount of approximately 8.0% to the theoretical ex-dividend price of approximately RM5.27 per Axiata Share, which was arrived at after taking into consideration the 5-day VWAMP up to and including 21 September 2016, being the last trading day prior to the Price Fixing Date of approximately RM5.32 per Axiata Share and the Interim Dividend.

The DRF/NOE, duly completed and signed, must be received by the Share Registrar, by post or by hand, not later than 5.00 p.m. on Wednesday, 26 October 2016. Any DRF/NOE received by the Share Registrar after the date and time stipulated above shall be regarded as null and void and of no legal effect unless Axiata Board in its sole discretion determines otherwise and such shareholder who is entitled to the electable portion based on entitlements on the Book Closure Date, as the case may be, shall be deemed to have elected to receive the Electable Portion in cash. Once the DRF/NOE and remittance have been lodged with the Share Registrar, participation shall be irrevocable and could not be withdrawn.

For avoidance of doubt, stamp duty cost in relation to the DRS shall be borne by the participating shareholders.

Barring any unforeseen circumstances, the new Axiata Shares to be issued pursuant to the DRS-Interim Dividend will be listed on the Main Market of Bursa Malaysia on Tuesday, 8 November 2016. Bursa Securities Malaysia Berhad had on 14 September 2016 approved the listing of and quotation for the new Axiata Shares to be issued pursuant to the DRS-Interim Dividend.

For any enquiries in relation to the DRS-Interim Dividend, completing and submission of the DRF/NOE, please contact our Share Registrar:-

Tricor Investor Services Sdn Bhd
Unit 32-01, Level 32, Tower A
Vertical Business Suit, Avenue 3
Bangsar South, No.8 Jalan Kerinchi
59200 Kuala Lumpur

Telephone no : 603 - 2783 9299
Fax no : 603 - 2783 9222
Email :