Investors

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

TM INTERNATIONAL BERHAD ("TMI")
(i) Proposed Subscription By TMI Mauritius Ltd ("TMI Mauritius"), A Wholly-owned Subsidiary of TMI, of 464,734,670 New Ordinary Shares of Indian Rupee ("RS.") 10 Each in Idea Cellular limited ("Idea"), Representing Approximately 14.99% of The Enlarged Issued Share Capital of Idea ("Proposed Subscription");
(ii) Proposed Mandatory General Offer By Idea Together With TMI, TMI Mauritius, TMI India Ltd and Green Acres Agro Services Private Limited as Persons Acting in Concert ("PACS") With Idea, For the Remaining 137,985,050 Ordinary Shares of RS.10 Each In Spice Communications Limited ("Spice"), Not Held By Idea And The PACS ("Proposed Offer"); and
(iii) Proposed Merger Of Spice And Idea ("Proposed Merger") (Collectively Referred To As The "Proposals")

Back 25 Jun 2008

General Announcement
Reference No MM-080625-51349

Submitting Merchant Bank
:
CIMB INVESTMENT BANK BERHAD 
Company Name
:
TM INTERNATIONAL BERHAD 
Stock Name
:
TMI
Date Announced
:
25/06/2008


Type
:
Announcement
Subject
:
TM INTERNATIONAL BERHAD ("TMI")

(I) PROPOSED SUBSCRIPTION BY TMI MAURITIUS LTD ("TMI MAURITIUS"), A WHOLLY-OWNED SUBSIDIARY OF TMI, OF 464,734,670 NEW ORDINARY SHARES OF INDIAN RUPEE ("RS.") 10 EACH IN IDEA CELLULAR LIMITED ("IDEA"), REPRESENTING APPROXIMATELY 14.99% OF THE ENLARGED ISSUED SHARE CAPITAL OF IDEA ("PROPOSED SUBSCRIPTION");

(II) PROPOSED MANDATORY GENERAL OFFER BY IDEA TOGETHER WITH TMI, TMI MAURITIUS, TMI INDIA LTD AND GREEN ACRES AGRO SERVICES PRIVATE LIMITED AS PERSONS ACTING IN CONCERT ("PACS") WITH IDEA, FOR THE REMAINING 137,985,050 ORDINARY SHARES OF RS.10 EACH IN SPICE COMMUNICATIONS LIMITED ("SPICE"), NOT HELD BY IDEA AND THE PACS ("PROPOSED OFFER"); AND

(III) PROPOSED MERGER OF SPICE AND IDEA ("PROPOSED MERGER")

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

Contents
:
On behalf of TMI, we are pleased to announce the Proposals, the details of which are attached below.

Attachments
:
Tables.doc
Ann-TMI (250608).doc