AirAsia had on 25 July 2011 announced the receipt of a notification from Dato’ Kamarudin Bin Meranun ("Dato’ Kamarudin"), Director and Group Deputy Chief Executive Officer 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 and announcement on 9 August 2011 pertaining to the Collaboration Agreement between the Company, Malaysian Airline System Berhad (“MAS”) and AirAsia X Sdn Bhd, AirAsia had on 11 August 2011 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 11 August 2011 as stated below:-

(a) A transfer of 277,650,600 Ordinary Shares of RM0.10 each representing 10% of all issued securities of AirAsia, by Tune Air Sdn Bhd (“TASB”), which Dato’ Kamarudin has deemed interest by virtue of Section 6A of the Companies Act, 1965 through a shareholding of more than 15% in TASB, to Khazanah Nasional Berhad (“Khazanah”) and in consideration thereto, Khazanah had transferred 685,142,000 ordinary shares of RM1.00 each representing 20.50% of all issued securities of MAS (“Share Swap”) to TASB.

Upon completion of the Share Swap, the balance of number of shares held by Dato’ Kamarudin is as follows:-

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

This announcement is dated 11th day of August 2011.

Announcement Info