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23-Feb-2012 10:13 AM

AirAsia Group subsidiaries report mixed profit results in 4Q2011

AirAsia revenue up 9% - financial highlights:

*Based on the conversion rate at USD1 = MYR3.03075 for Malaysia operations
*Based on the conversion rate at USD1 = THB30.5403 for Thailand operations
*Based on the conversion rate at USD1 = IDR9045 for Indonesia operations

AirAsia Group: "Based on the current forward booking trend underlying passenger demand in the first quarter for the Malaysian, Thai and Indonesian operations remains positive. Load factors achieved in the month of January were higher than the prior year in Malaysia and slightly lower in Thailand and Indonesia, with average fares higher in all three countries." Source: Company statement, 22-Feb-2012.

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