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Alert: Discontinuation of Cheque Payments.

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Maxis Berhad Announces Leadership Change

Following the announcement made on 21 December 2012 of the appointment of Mr. Johan Dennelind as its new Chief Executive Officer (CEO) with effect from 1 July 2013, Maxis Berhad (Maxis) would like to inform that, owing to recent personal family circumstances which have made it necessary for him to reside closer to family in Sweden, Johan has indicated he is unable to assume the role of CEO.

The Board, having carefully considered Johan’s situation, agreed that it is in the best interest of the Company to release him from his contract.

Consequent to this, the Board is pleased to announce that Nasution Mohammed, Chief Financial Officer has been appointed Joint Chief Operating Officer (COO) with effect from 1 June 2013 and together with the current Joint COO, Suren J. Amarasekera will provide overall leadership to the company and be responsible for its performance.  The Joint Chief Operating Officers will report to the Chairman.  Nasution will continue to oversee the Finance function.

Mark Dioguardi, whose employment contract expires on 30 June 2013 will relinquish his position as Joint Chief Operating Officer on 31 May 2013.

The Board will continue with its search for a CEO.  It is intended that this candidate will be capable of further strengthening the Company’s management team and of mentoring and grooming a suitable successor.

“Suren and Nasution will together lead the Company forward, refining our structure to better respond to changing customer demands and spearheading our plans to harness our in-house talent. The Board is confident that they will be highly effective in delivering on these roles,” said Raja Tan Sri Dato’ Seri Arshad bin Raja Tun Uda, Chairman of Maxis Berhad.