Airasia

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AirAsia Berhad
Second Quarter 2012 Analyst Presentation

Disclaimer
Information contained in our presentation is intended solely for your reference. Such information is subject to change without notice, its accuracy is not guaranteed and it may not contain all material information concerning the Company. Neither we nor our advisors make any representation regarding, and assumes no responsibility or liability for, the accuracy or completeness of, or any errors or omissions in, any information contained herein. In addition, the information may contain projections and forward-looking statements that reflect the company’s current views with respect to future events and financial performance. These views are based on current assumptions which are subject to various risks factors and which may change over time. No assurance can be given that future events will occur, that projections will be achieved, or that the company’s assumptions are correct. Actual results may differ materially from those projected. This presentation can be distributed without any consent of the Company as this is a publicly available announcement.

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2Q12 Highlights

2Q12 Results – Key Highlights
Revenue upside in all three operations Malaysia - RM 1.182 billion up 9% y-o-y Thailand - THB 4.43 billion up 16% y-o-y Indonesia - IDR 986.52 billion up 9% y-o-y O perating profit Malaysia - RM 205.82 million down 4% y-o-y Thailand - THB 231.14 million down 16% y-o-y Indonesia - IDR 77.65 billion up 72% y-o-y Net Profit performance Malaysia - RM 1.195 billion up 1046% y-o-y (including fair value gain) Thailand - THB 245.79 million down 25% y-o-y Indonesia - IDR 29.96 billion down 28% y-o-y CASK Malaysia Thailand Indonesia

- CASK (sen) up 3% from 13.47 to 13.86 y-o-y - CASK (THB) up 2% from 1.58 to 1.62 y-o-y - CASK (IDR) up 4% from 388.43 to 404.52 y-o-y

:Equity account profit from :TAA of RM11.9 million AACOE of RM2.1 million Under MFRS 131, Interest in Joint ventures Gain on disposal and fair value of interest in Thai AirAsia of RM1,160.4 million

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2Q12 Results – Key Highlights
Thai AirAsia MAA recognised profits of RM11.9 million from TAA Moving operations to a dedicated LCC terminal Don Mueang Fleet rollouts 21 aircraft brought forward across 2012, 2013 and 2014 Currently operating 105 Airbus fleet in various hubs: Entity HUBS • • • • • • • KUL (46) PEN (2 ) BKK (21) CGK (8) DPS (4) CRK (2) NRT (2) • • • • • BKI (5 ) KCH (3) HKT (2 ) SUB (3) BDO (3) • • • • JHB (1 ) SIN (1 ) CNX (1 ) MES (1)

MAA- 58 TAA - 24 IAA - 19 PAA - 2 AAJ – 2

Strong balance sheet Healthy cash balance of RM2.16 billion Net Gearing of 1.10 times Fifth joint venture begins in North Asia AirAsia Japan begins operations on 1 August 2012 AirAsia in process of acquiring its first airline in Indonesia AirAsia Berhad signs conditional share sale agreements of acquiring 49% into Batavia Air

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1H12 Results – Key Highlights
Revenue Malaysia - RM 2.35 billion up 10% y-o-y Thailand - THB 9.30 billion up 17% y-o-y Indonesia - IDR 1,897.86 billion up 13% y-o-y Operating profit Malaysia - RM 445.9 million down 2% y-o-y Thailand - THB 859.97 million down 26% y-o-y Indonesia - IDR 93.10 billion up 72% y-o-y Net Profit Malaysia - RM 1.367 billion up 395% y-o-y (including fair value gain) Thailand - THB 867.430 million down 29% y-o-y Indonesia - (IDR 6.70) billion down 109% y-o-y CASK Malaysia - CASK (sen) up 4% from 13.10 to 13.65 y-o-y Thailand - CASK (THB) up 10% from 1.51 to 1.64 y-o-y Indonesia - CASK, (IDR) up 6% from 391.22 to 413.60 y-o-y 6

2Q12 – Financial Results – Malaysia
RM’000 2Q12 Revenue EBITDAR Operating Profit Net Operating Profit Profit after tax EBITDAR margin Operating profit margin (EBIT) 1,181,561 382,050 205,821 130,942 1,194,863 32% 17% Financial performance 2Q11 1,081,773 372,842 214,803 135,171 104,257 34% 20% Change 9% 2% -4% -3% 1046% -2 ppt -3 ppt

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Revenue up 9% due to strong passenger growth and higher fares Operating...
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