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                                                                                                                                              StarHub Ltd Annual Report 2015

                                                                  The Broadband business has been challenged over the past two years,         Overview
                                                                  with intense price competition. We note that the drop in our Broadband
                                                                  revenue has turned the corner. We will grow our business by offering
                                                                  better value and bundled packages.

broadband                     fixed                               As a leading player in this industry, we have built a solid foundation and
                            network                               reputation for being the first with a long list of innovative products and
                                                                  services that has encouraged the competition to follow suit. Consumers,
    51.1%                       1.7%                              and increasingly, business customers, will enjoy better value and services  Strategy
                                                                  from us.
    YOY GROWTH                         2015
        IN FIBRE            REVENUE GROWTH                        Board Changes

     CUSTOMERS               Data & Internet service              On behalf of the Board and Company, I would like to thank Mr Tan Guong
                             revenue grew 3.2% YoY                Ching, our long-serving Chairman who retired on 15 July 2015, for his
  Total fibre broadband      to $331.1 million, mainly            leadership of the Company.
  customer base at 270k
was 51.1% above last year.     due to the increased               Guong Ching was first appointed to StarHub’s Board on 8 August 1998
                            take up of managed Data               and became our non-executive Chairman on 1 April 2001. Under his
                                                                  17-year guidance, the Company’s revenue grew from $778 million in
                              & Internet services by              2001 to $2.4 billion in 2014. He also led the Company to its successful
                              enterprise customers.               IPO in 2004.

                                                                  In September, another of our long-serving non-executive director            Performance
                                                                  Mr Kua Hong Pak, who was also chairman of the Audit Committee, stepped
                                                                  down. We thank him for his 14 years of dedicated and invaluable service.

CORPORATE KNIGHTS’ A global ranking of the                        Please also join me in welcoming two new independent directors.
GLOBAL 100 LIST                                                   Mr Paul Ma Kah Woh is the chairman of Mapletree Logistics Trust
                            world’s most sustainable              Management Ltd, and was a senior partner of KPMG Singapore. He
                                                                  replaced Hong Pak as chairman of the Audit Committee.
Ranked 24th corporations with
                                        market value of at least
                            US$2 billion.

STARHUB REMAINS THE                                               Ms Rachel Eng Yaag Ngee, is the Joint Managing Partner at                   Governance & Sustainability
                                                                  WongPartnership LLP. She is a well regarded and outstanding corporate
OnlyTelcoin Singapore                                             lawyer. We will tap into her vast experience in the capital markets.

to receive the above global recognition.                          I look forward to working closely with my fellow board members, and
                                                                  Tong Hai and his team, to continue to deliver more value to our business
                                                                  partners, stakeholders, and of course, our customers. Most important of
                                                                  all, I hope to rely on you, my fellow shareholders, for your support.

                                                                  We look forward to meeting you at the upcoming Annual General Meeting.

                                                                  Steven Terrell Clontz                                                       Financials

                                                                  Chairman
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