AirAsia had on 19 October 2012 announced the receipt of a notification from Dato’ Kamarudin Bin Meranun ("Dato’ Kamarudin"), 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 9 November 2012 received a notification from Dato' Kamarudin pursuant to Paragraph 14.08(d) of the MMLR in respect of his dealings in the securities of the Company on 8 November 2012 as stated below:-

(a) An acquisition of 1,100,000 Ordinary Shares of RM0.10 each, equivalent to 0.04% of all issued securities of AirAsia, by Tune Group Sdn Bhd (“TGSB”), which Dato’ Kamarudin 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 Dato’ Kamarudin 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 9^th November 2012.