TELECHOICE INTERNATIONAL LIMITED

(REG. NO. 199802072R)

IMPENDING EXPIRY OF LOGISTICS AGREEMENT WITH STARHUB LTD

The Board of Directors of TeleChoice International Limited ("Company") wishes to issue this announcement in relation to the impending expiry of the logistics agreement entered into between StarHub Ltd ("StarHub") and the Company ("StarHub Logistics Contract") and the financial impact of such expiry on the Company.

The Company has been providing StarHub with certain logistics services as part of its Personal Communications Solutions Services business since 2001 pursuant to the StarHub Logistics Contract. The StarHub Logistics Contract was last extended to, and will expire on, 30 June 2017. The Company has been informed by StarHub that the StarHub Logistics Contract will not be extended or renewed upon its expiry on 30 June 2017.

The expiry of the StarHub Logistics Contract is not expected to have a material impact on the Company's net tangible asset per share and based on the current outlook is not expected to have a more than single digit percentage negative impact on the Company's earnings per share, for the current financial year ending 31 December 2017.

The Board also wishes to highlight that the expiry of the StarHub Logistics Contract will affect only the Company's provision of logistics services to StarHub and not the Company's other existing contracts with StarHub.

By Order of the Board

Vincent Lim Shuh Moh President

30 May 2017

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TeleChoice International Ltd. published this content on 30 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 30 May 2017 09:39:29 UTC.

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