NEW DELHI, India -- 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.

Bharti Airtel Ltd. (Mumbai: BHARTIARTL)

Temasek Holdings Pte. Ltd.