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MAS: renounceable rights issue of new ordinary shares of RM1 each

Direct News Source

26-Jan-2010 RENOUNCEABLE RIGHTS ISSUE OF NEW ORDINARY SHARES OF RM1.00 EACH IN MALAYSIAN AIRLINE SYSTEM BERHAD ("MAS") (“RIGHTS SHARES”) AT AN ISSUE PRICE OF RM1.60 PER RIGHTS SHARE ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM1.00 EACH HELD IN MAS AS AT 5.00 P.M. ON 10 FEBRUARY 2010 ("RIGHTS ISSUE")

Period of interest payment: to

Share transfer book & register of members will be : to closed from (both dates inclusive) for the purpose of determining the entitlements

Registrar's name ,address, telephone no : Symphony Share Registrars Sdn Bhd Level 6, Symphony House Block D13, Pusat Dagangan Dana 1 Jalan PJU 1A/46 47301 Petaling Jaya Selangor Darul Ehsan Tel. No.: 03-7841 8000

Payment date : a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers

10/02/2010

b. Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit

c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.

Number of new shares/securities issued (units) (If applicable) :

Entitlement indicator : Ratio

Ratio: 1 : 1

Rights Issues/Offer Price : 1.6

Remarks :

The actual number of Rights Shares to be issued by MAS pursuant to the Rights Issue will only be determined on the entitlement date, based on the then issued and paid-up ordinary share capital of MAS.

The abridged prospectus, together with the rights subscription form and notice of provisional allotment (collectively referred to as the "Documents") in relation to the Rights Issue, will be despatched on 12 February 2010 to the entitled shareholders whose names appear in the Record of Depositors of MAS on 10 February 2010.

These Documents will not be despatched to entitled shareholders who have not provided an address in Malaysia. Any ordinary shareholder who is without a registered address in Malaysia and wish to provide a Malaysian address, should inform his stockbroker and share registrar to effect the change of address on or prior to 10 February 2010 at 5.00 p.m.

These Documents are not (and will not be) intended to comply with the laws of any countries or jurisdictions other than the laws of Malaysia and have not been (and will not be) lodged, registered or approved pursuant to or under any applicable securities legislation of (or with or by any regulatory authorities or other relevant bodies of) any countries or jurisdictions other than Malaysia.