Capital A Says Execution Of JV Via Airasia Aviation Group

Capital A CAPITALA:

• EXECUTION OF JOINT VENTURE AGREEMENTS OF CAPITAL A'S INVESTMENT OF 51% SHAREHOLDING VIA AIRASIA AVIATION GROUP

• EXECUTED AGREEMENTS WITH PURPOSE OF FORGING A JOINT VENTURE WITH SIVILAI ASIA CO

• EXECUTED DEAL TO OPERATE LOW COST PASSENGER AIR TRANSPORTATION, ANCILLARY SERVICES ON DOMESTIC ROUTES IN CAMBODIA, INTERNATIONAL ROUTES

• BOTH DEALS FORMALISED FOR PURPOSE OF FORGING JOINT VENTURE BETWEEN AAAGL AND SIVILAI ASIA TO ESTABLISH A LOW COST AIRLINE IN CAMBODIA