Singapore Telecommunications : Financial results presentation for the quarter ended 30 June 2017

For the quarter ended 30 June 2017

Chua Sock Koong, Group CEO

11 August 2017

Forward looking statement - Important note

The following presentation contains forward looking statements by the management of Singapore Telecommunications Limited ("Singtel"), relating to financial trends for future periods, compared to the results for previous periods.

Some of the statements contained in this presentation that are not historical facts are statements of future expectations with respect to the financial conditions, results of operations and businesses, and related plans and objectives. Forward looking information is based on management's current views and assumptions including, but not limited to, prevailing economic and market conditions. These statements involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those in the statements as originally made. Such statements are not, and should not be construed as a representation as to future performance of Singtel. In particular, such targets should not be regarded as a forecast or projection of future performance of Singtel. It should be noted that the actual performance of Singtel may vary significantly from such targets.

"S$" means Singapore dollars, "A$" means Australian dollars and "US$" means United States dollars unless otherwise indicated. Any discrepancies between individual amounts and totals are due to rounding.

2

Business Units Supplementary Information

Strong Core and Diversified Operations

Q1FY18

% change

(reported)

% change (constant currency)1

› Driving revenue & EBITDA growth

› Strong performance by Australian Consumer

› Strong growth in digital businesses; first time revenue contribution from Turn

Revenue

S$4,232m

EBITDA

S$1,269m

9%

8% 6%

3% 1%

Proportion of Group's revenue from GDL & cyber security businesses

› Intense competition in India partially mitigated by Telkomsel's strong results

› Steady earnings growth (ex-Airtel)

› Net profit impacted by exceptional losses from staff restructuring in Australia

› Robust cashflow supports investments in spectrum & digital

services

Regional associates' pre-tax earnings2S$673m

Underlying net profit S$910m

Ex-Airtel

Net profit

S$892m

Free cashflow

S$1,294m

4% 7%

4% 5%

+3% +1%

6% 7%

5%

1.Assuming constant exchange rates from corresponding quarter in FY2017. 2. Excludes exceptional items. N.M. - not meaningful4