CLARIFICATION IN RELATION TO ARTICLE
CLARIFICATION IN RELATION TO THE ARTICLE ENTITLED "RM10B BONDS TO FUND CABLE
PROJECT - FIRST ISSUANCE TO COMMENCE EARLY NEXT YEAR" DATED 4 SEPTEMBER 2009
PUBLISHED BY STAR BIZ
We wish to clarify that Tenaga Nasional Berhad ("TNB") and Sarawak Energy Berhad ("SEB") (collectively referred to as the Consortium) are currently exploring various options with regards to the proposed financing for the implementation of the undersea cable from Sarawak to Peninsular Malaysia.
The abovesaid bond issuance as quoted in Star Biz article on 4 September 2009, is only one of the options being explored by the Consortium.
The Consortium has yet to finalise and decide on the preferred option and details.
The Consortium will make the necessary announcement to Bursa once the decision
on the preferred option has been made.
This announcement is dated 7 September 2009.
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