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WebAssured.com 'the dot.confidence company' Announces Strategic Marketing Partnership with SingTel Yellow Pages

Partnership marks another significant step in the global expansion of WebAssured.com's web-site certification program and free
on-line dispute resolution service.

INDIANAPOLIS--(BUSINESS WIRE)--Feb. 29, 2000-- WebAssured.com, the Internet's premiere Online consumer advocacy group, today announced that the company has entered into a strategic marketing and promotion partnership with SingTel Yellow Pages Pte Ltd. The announcement was made by Travis A. Morgan, President and CFO of WebAssured.com.

According to the terms of the three year agreement, SingTel Yellow Pages will market and promote WebAssured.com's services to its current and potential client/e-tailer base in Singapore. It will also promote to its Asian operations when they are ready to roll out the services. Effective immediately, SingTel Yellow Pages comprehensive promotional activities will include advertising in the Yellow Pages and other media and direct marketing including circular mailings to its extensive mailing list. Additionally, SingTel Yellow Pages Internet site (http://www.yellowpages.com.sg) will contain direct links to the WebAssured.com website (http://www.webassured.com). SingTel Yellow Pages Pte Ltd is a wholly owned subsidiary of Singapore Telecommunications Ltd. (SingTel, OTC:SGTJY).

In making the announcement Mr. Morgan stated, "We are very excited about our partnership with SingTel Yellow Pages as part of WebAssured.com's fast-track global expansion. As the leading telecommunications publisher in Asia, SingTel offers WebAssured.com the high visibility reach and saturation that is needed to further secure our leadership position in the region."

Arthur Lee, Director of eBusiness for SingTel Yellow Pages, added, "We are pleased to be able to offer consumers shopping through us the WebAssured advantage. As the e-commerce market matures, savvy consumers will increasingly play a more proactive role in dictating the level of service and security that they expect and deserve from their e-shopping experiences."

WEBASSURED.COM - BUILDING DOT.CONFIDENCE

Based in Indianapolis, Indiana, WebAssured.com was the first entity to offer an independent web-site certification program and free on-line dispute resolution service. Webassured.com has been successfully increasing confidence in dot com purchasing and helping e-commerce grow and thrive since 1995. The net's premiere consumer watchdog, Webassured.com insures online purchases and offers money back guarantees for purchases made at participating member sites. The company invites consumers who have had problems with any on-line purchase to fill out a free on-line complaint form at www.webassured.com. To date, WebAssured.com has successfully resolved 95% of complaints filed against member websites, and 76% of complaints against non-members. WebAssured is dedicated to increasing consumer confidence in the Internet and to helping e-commerce grow and thrive through free-market forces, not government regulation. A complete description of the consumer protection tools offered by WebAssured, including the On-line Purchase Protection(SM) program underwritten at Lloyd's, can be found at http://www.WebAssured.com.

ABOUT SingTel YELLOW PAGES

SingTel Yellow Pages began operations in Singapore in 1967. Today, it celebrates 33 years of providing buying information to consumers. It plays a catalytic role in bridging buyers and sellers together by providing information through many modes, from printed to electronic, in Singapore and overseas markets. It also operates a very popular operator-assisted yellow pages service, 'CallSearch' - just call 7-777-777, consumer inquiries of either a company's name or the products and/or services shoppers are seeking will be expeditiously handled. Internet Yellow Pages has also proven to be a very popular website, achieving more than 1 million page views each month. SingTel Yellow Pages is committed to excellence in providing information-related services from its 12 offices in 7 countries; Brunei, Hong Kong, India, Indonesia, Malaysia, Philippines, and Taiwan, to all its customers. From just a provider of printed information, SingTel Yellow Pages has now expanded beyond that to provide innovative products and services in electronic media. Yellow Pages Commerce at http://www.yellowpages.com.sg lets consumers buy and pay for products, and request delivery to any destination in Singapore and soon around the world, without ever leaving their seats.