Interested Person Transactions

The aggregate value of all interested person transactions during the financial year ended 31 March 2017 (excluding transactions less than S$100,000) were as follows -

Name of interested person S$ Mil

Advanced Info Service Public Company Limited 5.4 Aetos Security Management Pte Ltd 3.1 Aspen Holdings Limited (Note 1) 1,585.1 AusNet Electricity Services Pty Ltd 1.0 Bharti Telecom Limited 0.7 Business Leadership Centre Pte. Ltd. 0.1 Certis CISCO Security Pte Ltd 0.2 Fullerton Fund Management Company Ltd 0.3 Grid Communications Pte. Ltd. 1.8 MacRitchie Investments Pte. Ltd. (Note 1) 884.4 Mapletree Investments Pte Ltd 0.3 Pte Ltd 0.4 Mediacorp VizPro International Pte Ltd 0.4 Nucleus Connect Pte. Ltd. 4.5 Radiance Communications Pte Ltd 0.5 Technologies Aerospace Ltd 0.8 Singapore Technologies Electronics Limited 5.4 SMM Pte Ltd 2.0 SMRT Services Pte. Ltd. 0.3 SP Services Limited 7.6 ST Electronics (e-Services ) Pte Ltd 0.7 ST Electronics (Info-Security) Pte Ltd 0.3 StarHub Cable Vision Ltd 29.8 StarHub Ltd 15.8 StarHub Mobile Pte Ltd 3.4 Temasek Management Services Pte Ltd 0.3 Tembusu Capital Pte. Ltd./ Atrium Investments Pte. Ltd. (Note 1) 1,605.1 Trusted Source Pte. Ltd. 0.1 VT iDirect, Inc. 0.2

4,160.0

Note 1: On 18 August 2016, (i) Global Investment Pte. Ltd. which is a wholly owned subsidiary of Singtel, entered into a conditional sale and purchase agreement with Aspen Holdings Limited (“Aspen”) to acquire approximately 21% of the issued and paid-up shares of Intouch Holdings Public Company Limited for S$1,585.1 million; and (ii) Magenta Investments Limited, which is a wholly-owned subsidiary of Singtel, entered into a conditional sale and purchase agreement with MacRitchie Investments Pte. Ltd. (“MacRitchie”) to acquire approximately 7.39% of equity shares in the issued share capital of Bharti Telecom Limited for S$884.4 million. The acquisitions were partially funded through proceeds from a share placement of 385,581,351 new ordinary shares of Singtel to Atrium Investments Pte. Ltd. (“Atrium”), which is a nominee of Tembusu Capital Pte. Ltd. (“Tembusu”) for S$1,605.1 million. Aspen, MacRitchie, Atrium and Tembusu are wholly-owned subsidiaries of Temasek Holdings (Private) Limited.

The abovementioned transactions have been approved by the shareholders of Singtel at the Extraordinary General Meeting held on 14 October 2016. The necessary regulatory approvals have been obtained and the transactions were completed in November 2016.

Singapore Telecommunications Limited | Annual Report 2017 228