SingTel launches S$10 billion debt facility

SINGAPORE, (July 29, 2010) - SingTel Group has set up a S$10 billion loan programme to line up financing for the medium term, joining the growing number of listed companies here which recently tapped the debt market.

SingTel said its wholly-owned subsidiary, SingTel Group Treasury Pte. Ltd. today
established a S$10 billion Guaranteed Euro Medium Term Note Programme (EMTN
Programme), where notes can be issued from time to time to raise money for the telecom giant.

HSBC and Morgan Stanley Asia
(Singapore) Pte. are the arrangers and dealers for the EMTN Programme.

Approval in-principle has been obtained for the listing and quotation of the Notes on the
Singapore Exchange. Rating agencies Moody’s Investors Service and Standard & Poor’s have assigned ratings of Aa2 and A+.

Several large Singapore listed companies including Capitaland, Neptune Orient Lines and United Overseas Bank
were also in the debt market lining up medium and long term facilities to fund their operations. Temasek Holdings also successfully launched its 40-year bonds worth S$1 billion last week.