African Investor Relations

Telekom Networks Malawi Limited

TNM is a licensed mobile telecommunications operator in Malawi enjoying 62% and 33% market share in post-paid and pre-paid sector respectively. TNM’s “always with you” brand is clearly identified as Malawian and portrays best customer value and service availability. TNM’s principal colour green, is fresh and synonymous with Malawi’s prosperity derived from agriculture and the environment.

Through continued improvement of service, growth in subscribers and expansion of its existing mobile network capacity from current core capacity of 1 million subscribers to 1.5 million subscribers by 31 December 2009, TNM offers investors potential for both capital and dividend growth.