Investors

We wish to inform that edotco Investments (Labuan) Limited (“edotco Labuan”), a subsidiary of Axiata, had on 17 November 2016 incorporated a new subsidiary, EDOTCO TOWERS (BANGLADESH) LIMITED (“edotco Towers BD”) (Company No. C-134238), a public company limited by shares. The incorporation of edotco Towers BD was completed following the receipt by edotco Labuan on 29 November 2016 of the Certificate of Incorporation from the Registrar of Joint Stock Companies and Firms, Republic of Bangladesh.

edotco Towers BD, a company duly incorporated under the Companies Act, 1994 of the Republic of Bangladesh has an authorised share capital of Taka (“Tk.”)10,000,000.00 represented by 1,000,000 ordinary shares of Tk.10 each of which Tk.950,000.00 has been paid-up. The business objective of edotco Towers BD is to undertake telecommunications infrastructure and services.

The incorporation of edotco Towers BD is not expected to have any material effect on the earnings and Net Assets of Axiata for financial year ending 31 December 2016.

None of the Directors, major shareholders and/or persons connected to them has any direct or indirect interest in the incorporation of edotco Towers BD.

This announcement is dated 1 December 2016.