Pursuant to Paragraph 10.08(1) of the of the Main Market Listing Requirements ("MMLR") of Bursa Malaysia Securities Berhad (“Bursa Securities”), AirAsia Berhad (“AAB” or the “Company”) wishes to announce that it has entered into a Sale and Purchase Agreement (“SPA” or the “Agreement”) with Caterhamjet Global Ltd (“CJG”) on 21 June 2016 for the acquisition of one (1) unit of Bombardier BD-700-1A10 Global Express 9M-CJG (“Global Express” or the “Aircraft”) for a cash consideration of USD10 million (“Transaction”).

Please refer to the attachment for further details.

This announcement is dated 21 June 2016.