AirAsia Berhad General Announcement

Direct News Source

We refer to our announcements dated 3 August 2009 and 4 August 2009 in relation to the above. On behalf of the Board of Directors of AirAsia, CIMB Investment Bank Berhad wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) has approved the listing and quotation of up to 481,144,400 new AirAsia Shares to be issued pursuant to the Proposed Private Placement subject to, among others, the following conditions:

(i) AirAsia and its adviser must fully comply with the relevant provisions under the Main Market Listing Requirements (“LR”) pertaining to the implementation of the Proposed Private Placement;(ii) AirAsia and its adviser to inform Bursa Securities upon the completion of the Proposed Private Placement;(iii) To incorporate the comments made by Bursa Securities in the circular to shareholders;(iv) AirAsia to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Private Placement is completed;(v) Additional listing fee payable (if any) together with a copy of the details of the computation of the amount of listing fees payable; and (vi) Certified true copy of the resolution passed by the shareholders approving the Proposed Private Placement (other than the general mandate under Section 132D of the Companies Act, 1965).

In the event the new AirAsia Shares to be issued pursuant to the Proposed Private Placement will be listed and quoted as the existing securities of the same class (pursuant to paragraph 4.0 of Practice Note 28 of the LR), quotation of the new AirAsia Shares will commence on the next market day after the following:(i) Submission of the share certificate together with a covering letter containing the summary of the corporate proposal to Bursa Malaysia Depository Sdn Bhd (“Bursa Depository”) before 10 a.m. on the market day prior to the listing date;(ii) Receipt of confirmation from Bursa Depository that the additional new shares are ready for crediting into the respective account holders; and(iii) An announcement in accordance to Paragraph 13.2 of Practice Note 28 is submitted via Bursa Link before 3 p.m. on the market day prior to the listing date.AirAsia is also required to ensure full compliance of all the requirements as provided under the LR at all times.This announcement is dated 12 August 2009.