e se ntation e nde d 31 De c 2008 e b rua ry 2009 10 F e sults - PDF document

e se ntation e nde d 31 De c 2008 e b rua ry 2009 10 F e sults pr te r Y09: Quar inanc ial r Q3 F F

F or war d looking state me nts - impor tant note T he fo llo wing pre se nta tio n c o nta ins fo rwa rd lo o king sta te me nts b y the ma na g e me nt o f Sing a po re T e le c o mmunic a tio ns L imite d ("Sing T e l"), re la ting to fina nc ia l tre nds fo r future pe rio ds, c o mpa re d to the re sults fo r pre vio us pe rio ds. So me o f the sta te me nts c o nta ine d in this pre se nta tio n tha t a re no t histo ric a l fa c ts a re sta te me nts o f future e xpe c ta tio ns with re spe c t to the fina nc ia l c o nditio ns, re sults o f o pe ra tio ns a nd b usine sse s, a nd re la te d pla ns a nd o b je c tive s. F o rwa rd lo o king info rma tio n is b a se d o n ma na g e me nt's c urre nt vie ws a nd a ssumptio ns inc luding , b ut no t limite d to , pre va iling e c o no mic a nd ma rke t c o nditio ns. T he se sta te me nts invo lve kno wn a nd unkno wn risks a nd unc e rta intie s tha t c o uld c a use a c tua l re sults, pe rfo rma nc e o r e ve nts to diffe r ma te ria lly fro m tho se in the sta te me nts a s o rig ina lly ma de . Suc h sta te me nts a re no t, a nd sho uld no t b e c o nstrue d a s a re pre se nta tio n a s to future pe rfo rma nc e o f Sing T e l. I n pa rtic ula r, suc h ta rg e ts sho uld no t b e re g a rde d a s a fo re c a st o r pro je c tio n o f future pe rfo rma nc e o f Sing T e l. I t sho uld b e no te d tha t the a c tua l pe rfo rma nc e o f Sing T e l ma y va ry sig nific a ntly fro m suc h ta rg e ts. “S$” me a ns Sing a po re do lla rs a nd "A$" me a ns Austra lia n do lla rs unle ss o the rwise indic a te d. Any disc re pa nc ie s b e twe e n individua l a mo unts a nd to ta ls a re due to ro unding . 2

Communic ations Company O o o ng Gro up CE Chua So c k K e ading Asia’s L

Q3 F Y09: str ong pe r for manc e in Singapor e and Austr alia Gr oup pe r for manc e Re ve nue Unde rlying NPAT S$3,701m S$838m � down 3% � down 10% DA 1 Re ve nue E BI T S$561m Singapore S$1,508m � up 21% � up 14% E BI T DA Re ve nue 2 A$510m A$2,198m Optus � up 10% � up 1% a rning s 4 E Custo me rs 3 232m S$462m Re gional Mobile � down 27% 1. E xc lude s Gro up a nd I nte rna tio na l Busine ss c o rpo ra te c o sts 2. I n A$ te rms 3. Gro up mo b ile sub sc rib e rs, inc luding Sing T e l, Optus a nd Re g io na l Mo b ile a sso c ia te s 4 4. Ba se d o n the Gro up’ s sha re o f Re g io na l Mo b ile a sso c ia te s e a rning s b e fo re ta x a nd e xc e ptio na ls

Gr oup Q3 F Y09 highlights DA 1 Pr opor tionate E BIT 70% outside Singapor e De c 08 c o mple te d SCS a c q uisitio n Singapore Othe r s 1% # 1 in the re g io n fo r Optus 2 inte rna tio na l I P VPN so lutio ns 27% 42% 213k stro ng g ro wth in mo b ile sub s Optus hig he r fixe d o n-ne t mix Re gional 30% Mobile Singapor e 15m stro ng sub sc rib e r g ro wth Re gional Mobile Bha rti la unc he d Sri L a nka Jan 09 mo b ile se rvic e s 1. Ba se d o n 3 mo nths to De c 08 5 2. L a rg e st re ve nue ma rke t sha re in Asia Pa c ific e x Ja pa n - b a se d o n I DC’ s Asia / Pa c ific Se mia nnua l F ixe d-L ine T e le c o m Se rvic e s T ra c ke r, F irst Ha lf 2008.

Q3 F Y09: str ong r e ve nue gr owth impac te d by c ur r e nc y tr anslation YoY 3 months to 3 months to 3 months to Se que ntial S$m De c 08 De c 07 Se p 08 % c hange % c hange 3,701 3,825 (3.2%) 3,891 (4.9%) Ope ra ting re ve nue Ope ra tio na l E BI T DA 1,057 1,136 (6.9%) 1,079 (2.0%) - ma rg in 28.6% 29.7% NM 27.7% NM Asso c ia te s (e x e xc e ptio na ls) 486 656 (26.0%) 461 5.3% 1,542 1,777 (13.2%) 1,540 0.2% DA 1 E BI T 799 952 (16.1%) 868 (8.0%) Ne t pro fit Unde rlying ne t pro fit 2 838 931 (10.1%) 801 4.6% 1. Ope ra tio na l E BI T DA+sha re o f re sults o f a sso c ia te s 6 2. E xc lude s e xc e ptio na l ite ms a nd c urre nc y tra nsla tio n g a ins

9M F Y09: r e sults impac te d by c ur r e nc y and Indone sian ope r ations 9 months to 9 months to YoY S$m De c 08 De c 07 % c hange 11,369 11,086 2.5% Ope ra ting re ve nue Ope ra tio na l E BI T DA 3,282 3,375 (2.8%) - ma rg in 28.9% 30.4% NM Asso c ia te s (e x e xc e ptio na ls) 1,517 1,945 (22.0%) 4,810 5,288 (9.0%) DA 1 E BI T 2,545 2,867 (11.2%) Ne t pro fit Unde rlying ne t pro fit 2 2,504 2,713 (7.7%) 1. Ope ra tio na l E BI T DA+sha re o f re sults o f a sso c ia te s 7 7 2. E xc lude s e xc e ptio na l ite ms a nd c urre nc y tra nsla tio n g a ins

F or e ign e xc hange move me nts Cur r e nc y appr e c iation / ate 1 E xc hange r (de pre c iation) against S$ Curre nc y S$ 1.00 Yo Y Qo Q 2 1 AUD S$ 0.9951 (22.8%) (17.7%) I NR 32.8 (20.6%) (4.8%) I DR 7,266 (14.1%) (10.4%) T HB 23.4 (9.3%) 3.3% PHP 32.6 (10.1%) no c hg PK R 53.8 (28.7%) (1.1%) BDT 46.3 1.9% 5.5% 1. Ave ra g e e xc ha ng e ra te s fo r the q ua rte r e nde d 31 De c 08 8 2. Ave ra g e A$ ra te fo r tra nsla tio n o f Optus’ unde rlying ne t pro fit

T r e nds in c onstant c ur r e nc y te r ms 3Q F Y09 YoY % c hange YoY % c hange 3 months to De c 08 X) 1 (at c onstant F (r e por te d S$m) (r e por te d S$) Gro up re ve nue 3,701 (3.2%) 13.7% Gro up unde rlying NPAT 838 (10.1%) 0.7% Optus re ve nue 2,193 (14.9%) 10.2% Asso c ia te s e a rning s 2 486 (26.0%) (15.0%) YoY % c hange YoY % c hange 9M F Y09 9 months to De c 08 X) 1 (at c onstant F (r e por te d S$) (r e por te d S$m) Gro up re ve nue 11,369 2.5% 8.9% Gro up unde rlying NPAT 2,504 (7.7%) 0.3% Optus re ve nue 7,275 (2.6%) 6.7% Asso c ia te s e a rning s 2 1,517 (22.0%) (11.6%) 9 1. Assuming c o nsta nt e xc ha ng e ra te s fro m c o rre spo nding pe rio ds in F Y08 2. Ba se d o n the Gro up’ s sha re o f a sso c ia te s e a rning s b e fo re ta x a nd e xc e ptio na ls

e Singapor

Singapor e : str ong E BIT DA gr owth YoY YoY Q3 F Y09 c hange c hange Highlights 1 (inc l SCS) (e x SCS) 21% 7% stro ng Da ta & I nte rne t, a nd Mo b ile g ro wth Re ve nue S$1,508m Ope ra ting b e lo w re ve nue g ro wth ra te S$948m 25% 5% 2 e xpe nse s stro ng re ve nue g ro wth with 3 E BI T DA 14% 10% S$561m c o ntro lle d inc re a se in e xpe nse s Sing a po re ma rg ins e x-SCS Sing a po re 37.2% 2.2% pt 1% pt 40.4% ma rg ins � up fro m 39.4% 1. Ac q uisitio n o f SCS wa s c o mple te d in De c 2008 11 11 2. E xc lude s Gro up a nd I nte rna tio na l Busine ss c o rpo ra te c o sts o f S$16m 3. E xc lude s Gro up a nd I nte rna tio na l Busine ss c o rpo ra te c o sts o f S$16m, a nd o the r inc o me o f S$3m

Singapor e : solid r e ve nue gr owth Re ve nue YoY Q3 F Y09 Highlights (S$ m) Change 1,508 T otal r e ve nue 21% • stro ng upta ke in ma na g e d a nd o the r da ta Da ta & I nte rne t 389 11% se rvic e s • stro ng g ro wth in c usto me r b a se Mo b ile 373 8% • inc lude s c o ntrib utio n fro m SCS I T & E ng ine e ring 361 N/ A 110% (NCS & SCS) • e xc luding SCS, up 9% I nte rna tio na l • hig he r o utg o ing tra ffic 6% 161 te le pho ne Othe rs 1% • lo we r e q uipme nt sa le s 223 12 12

Data & Mobile : le ading the mar ke t 3 F ixe d Br oadband 1k Mobile – Q3 ne t adds 68k - Q3 ne t adds e 1 51% 46% 47% Mar ke t shar e 1 Mar ke t shar pre paid postpaid e le ss BB subs 2 144k Wir 495 494 2.94 487 2.87 2.75 475 2.57 456 Bro a d b a nd sub s ('0 0 0 ) 442 2.33 2.13 38K Pr e paid Mobile subs ('m) 30K Postpaid 2Q FY08 3Q FY08 4QFY08 1QFY09 2QFY09 3QFY09 2Q FY08 3Q FY08 4Q FY08 1Q FY09 2Q FY09 3Q FY09 1. As a t 31 De c 08 13 2. Mo b ile sub sc rib e rs who re g iste re d fo r mo nthly wire le ss b ro a db a nd da ta sub sc riptio n pla ns 3. Bro a db a nd sub sc rib e rs - c o mpa ra tive s ha ve b e e n re sta te d o n a re tro spe c tive b a sis c o nsiste nt with I DA’ s re vise d pub lishe d sta tistic s

Re shaping the fixe d line mar ke t to de live r multime dia se r vic e s Re de fining home e nte r tainme nt Inte r national te le phone 6% & c ommunic ations National te le phone r e ve nue S$100m � do wn 5% 0.29 IDD outgoing mins (m mins) 1 Ave collection rate (S$/min) 1 0.26 mio plan c ustome r s 95k 0.24 0.21 0.19 0.19 0.17 mio T V c ustome r s 59k 610 532 630 463 604 409 368 L aunc he d mio home bundle Nov 08 1Q 2Q 3Q 4Q 1Q 2Q 3Q FY08 FY08 FY08 FY08 FY09 FY09 FY09 14 1. E xc lude s Ma la ysia