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    MEDIA STATEMENT

    Bharti  Enterprises  is  pleased  to  announce  that  one  of  its group companies  has   decided to grant an option to acquire an indirect stake in  Bharti  Airtel  Limited  to  a  wholly  owned  subsidiary of Temasek Holdings  (Private) Limited, Singapore. The option arrangement envisages acquisition of such number of shares which, on exercise, will result in a beneficial stake in Bharti Airtel Limited to the extent of 4.99%.

    Bharti Enterprises continues to maintain a controlling interest of over 45%  in  Bharti  Airtel  Limited  through  its subsidiary Bharti Telecom Limited.