AirAsia had on 19 October 2012 announced the receipt of a notification from Tan Sri Dr. Anthony Francis Fernandes ("Tan Sri Dr. Tony Fernandes"), Non-Independent Non-Executive Director of AirAsia, pursuant to Paragraph 14.08(a) of the MMLR of his intention to deal in the shares of AirAsia during closed period.

Further to the aforesaid announcement, AirAsia had on 12 November 2012 received a notification from Tan Sri Dr. Tony Fernandes pursuant to Paragraph 14.08(d) of the MMLR in respect of his dealings in the securities of the Company on 9 November 2012 as stated below:-

(a) An acquisition of 500,000 Ordinary Shares of RM0.10 each, equivalent to 0.02% of all issued securities of AirAsia, by Tune Group Sdn Bhd (“TGSB”), which Tan Sri Dr. Tony Fernandes has deemed interest by virtue of Section 6A of the Companies Act, 1965 through a shareholding of more than 15% in TGSB (“Acquisition”).

Upon completion of the aforesaid Acquisition, the balance of number of shares held by Tan Sri Dr. Tony Fernandes is as follows:-

* inclusive of shares held by ECML Nominees (Tempatan) Sdn. Bhd., Cimsec Nominees (Tempatan) Sdn. Bhd., Maybank Nominees (Tempatan) Sdn. Bhd., HSBC Nominees (Tempatan) Sdn. Bhd. and Citigroup Nominees (Tempatan) Sdn. Bhd. for TASB.

This announcement is dated 12^th November 2012.