Temasek’s Clarification

Temasek Holdings would like to refer to the article, “Temasek, the Mouse that Roared”, in Tempo magazine’s English edition, May 13 - 19, 2008 (Special Report 10 years of Reformation). We wish to respond to several inaccuracies in the article.

The article mentioned:

1. “…Temasek was entrusted with managing taxpayers’ saving fund.” (page 71)
2. “The first wakeup call occurred in 2002, when Temasek acquired 35