EXHIBIT I
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(f) under the Securities Exchange
Act of 1934, as amended, the persons named below agree to the joint
filing on behalf of each of them of a statement on Schedule 13D dated
October 7, 1996 with respect to the Common Stock, par value $.001 per
share, of Executive TeleCard, Ltd., a Delaware corporation. This Joint
Filing Agreement shall be included as an Exhibit to such joint filing.
In evidence thereof each of the undersigned, being duly authorized,
hereby executes this Agreement this 7th day of October 1996.
SINGAPORE TELECOMMUNICATIONS LTD.
By: /s/ CHIA XXXXX XXX
_____________________
Name: Chia Xxxxx Xxx
Title: Vice President (International
Network)
TEMASEK HOLDINGS (PRIVATE) LTD.
By: /s/ NG XXX XXXX
__________________
Name: Ng Xxx Xxxx
Title: Company Secretary