PRESS RELEASE
FOR IMMEDIATE RELEASE

M-Web Indonesia Launches New Travel Site

Jakarta, June 2002 - PT. M-Web Indonesia, in association with indo.com, Indonesia's online travel service provider, launches a new travel site, M-Web Travel (mweb.paketrupiah.com), designed to provide M-Web users with competitive holiday packages and concise travel information.

David Burke Business Development Director of PT. M-Web Indonesia, said, "the launch of this new travel service is another step towards providing the M-Web user with a leading edge service" "We are confident that we shall provide a premium one stop travel site, that all Internet users shall refer to when booking their holidays" he added.

Apart from the comprehensive database and easy-to-find information, there is an online reservation engine for hotels and flights, with full transactional capabilities. The site provides detailed information related to all holiday needs and also provides forums to discuss and ask for advice related to holiday savings and holiday packages concentrating on the top local destination i.e.; Bali, Lombok, Yogya. This leading travel site shall also provide information on hotels, tours and flight packages, special rates, news and tips, favorite restaurants, agenda, pictures and also souvenir suggestion.

Eka N. Ginting CEO of www.indo.com, comments, "The collaboration between indo.com and M-Web Indonesia is to empower M-Web travel with our online reservation engine for hotels and flights - with full transactional capabilities - from www.paketrupiah.com, as well as with the fulfillment and customer services to ensure great customers experience."

PT. M-Web Indonesia is part of the MIH (Myriad International Holding) Limited. It has three main business divisions:

  • Corporate services, which include Network Services, Managed Services, and Business Solutions;
  • Consumer services, which include Internet access for individuals and the Internet Centers; and
  • M-Web Anywhere, which includes content, subscriber services, e-branding and Mobile Value Added Services.

PT M-Web Indonesia was established in May 2000 and has grown rapidly to become one of the largest Internet solutions providers in Indonesia. PT M-Web Indonesia manages and owns the leading portals in Indonesia, namely mweb.co.id, Astaga!com, Satunet.com, and Kafegaul.com, generating in excess of 1.6 million page views per day. M-Web is the leading provider of mobile content and applications, delivering services to three of the major mobile operators.

About MIH (www.mih.com)
MIH Limited is listed on both NASDAQ and the Euronext Amsterdam Stock Market (MIHL). The Group activities are focused on subscriber platforms providing subscription, television and Internet services to over 2 million paying subscribers in Africa, the Mediterranean and Asia. Over 55% of its subscriber base consists of digital subscribers. Across its platforms MIH has secured long-term rights to premium movies, major sporting events and popular children's programming, all of which are tailored for the local market. The television platforms also provide a range of interactive services such as online games, shopping, banking and on-demand information
Supporting its subscriber platforms, MIH Technologies, provides interactive, encryption, customer care and billing and other related services to channel and platform operators worldwide.

About Indo.com (www.indo.com)
Established since 1995, indo.com is a leading Internet travel and technology company in Indonesia. Deeply enmeshed in the Internet, indo.com enjoys over 17,000 links from other sites, from the world's largest such as America Online and the biggest travel companies such as American Express and SABRE of American Airlines. indo.com generates hits of around 28 million per month and hotel booking from thousands of people worldwide. indo.com operates in two cities, Bali and Jakarta. For additional information on indo.com or the services that they offer, visit their Web site at http://www.indo.com or call Gugi Gunawan at
(62-21) 798-4290, e-mail: gugi@indo.com.