PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF MALAYSIAN AIRLINE SYSTEM BERHAD (“MAS OR THE COMPANY”) PURSUANT TO SECTIONS 60 AND 64 OF THE COMPANIES ACT, 1965 (“PROPOSED SCR”)

We refer to the past announcements in relation to the Proposed SCR.

On behalf of the Board of Directors of MAS, CIMB Investment Bank Berhad wishes to announce that the special resolution as set out in the Notice of Extraordinary General Meeting (“EGM”) dated 15 October 2014 in respect of the Proposed SCR was duly passed by the Company’s non-interested shareholders at the EGM of the Company held today.

The special resolution tabled at the EGM in respect of the Proposed SCR is required to be approved by at least 50% in number of members voting, and 75% in value of the disinterested voting shares that are cast, either in person or by proxy at the EGM, and the value of the votes cast against must not be more than 10% of the votes attaching to all disinterested voting shares, pursuant to the Malaysian Code on Take-Overs and Mergers 2010.

Please refer to Table A for the results of the polling at the EGM.