We refer to the Article appearing in the major newspapers today in relation to “AirAsia eyes HK listing as it expands in North Asia”.

AirAsia wishes to clarify that:-

1) Dual listing is not an option AirAsia is formally considering at the moment.  In any event such an exercise could not be undertaken without the proposal being deliberated by the Board or without prior consideration of the various regulatory and commercial aspects on the matter. None of which has been undertaken thus far.     

2) Joint Venture in China:  AirAsia does from time to time receive proposals to establish airline joint ventures in various jurisdictions.  Currently AirAsia is not pursuing any new joint venture proposals as we continue to focus on launching AirAsia Japan as well as strengthening our existing joint venture airline operations within Asean and India.          

As required under the Main Market Listing Requirements, AirAsia will make the necessary disclosures to the Bursa Malaysia Securities Berhad on any material transaction or development relating to the Company.  

This announcement is dated 12 July 2016.