PRESS RELEASE

APPOINMENT OF TWO NEW BOARD OF DIRECTORS

Temasek Holdings wishes to announce the appointment of its new directors, Mr Sim Kee Boon and Mr Lim Chee Onn, to the Temasek Board with effect from 1 January 2000. Mr Sim is the Senior Adviser to the Keppel group and Mr Lim is the Executive Chairman of Keppel Corporation Limited.

Issued on: 3 January 2000

For media enquiries, please contact: Eva Ho (Ms)
Manager, Corporate Communications
Temasek Holdings (Pte) Ltd
DID: 6828-6763
Email: evaho@temasek.com.sg