Investors

We wish to inform that Axiata Business Services Sdn Bhd (“ABS”), a wholly-owned subsidiary of Axiata Group Berhad (“Axiata”) had on 6 June 2017 completed the incorporation of XPAND INVESTMENTS (LABUAN) LIMITED (“Xpand Labuan”) (Company No. LL13757), a private company limited by shares, in the Federal Territory of Labuan, Malaysia under the Labuan Companies Act, 1990.

Xpand Labuan was incorporated with an issued and paid-up share capital of USD2.00. The intended principal activity of Xpand Labuan is an investment holding company.

The incorporation of Xpand Labuan is not expected to have any material effect on the earning and Net Tangible Assets of Axiata for financial year ending 31 December 2017.

None of the Directors and/or major shareholders of Axiata and/or persons connected to them have any direct or indirect interest in the incorporation of Xpand Labuan.

This announcement is dated 6 June 2017.