TNM | Cautionary Statement

Telekom Networks Malawi Limited (TNM) wishes to advise the general public that the company has received an expression of interest from and entered into discussions, with a potential strategic equity partner, the outcome of which may affect the TNM share price.

Shareholders are therefore advised to accordingly exercise caution in dealing in their shares in the Company until a further announcement is made.

TNM is further informing the general public that all efforts will be made to communicate further developments when and as required.

CHAIRMAN OF THE BOARD