Third largest public offering in Malaysia and Southeast Asia thus far this year

19 October 2012, Kuala Lumpur, MalaysiaMalaysia’s and one of Southeast Asia’s leading integrated consumer media entertainment group, Astro Malaysia Holdings Berhad (“Astro Malaysia” or “the Company”), listed on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Malaysia”) under the “Trading/Services” sector today.

The market capitalization of Astro Malaysia, based on the initial public offering (“IPO”) price of RM3.00 per share, was RM15.6 billion.

At the listing ceremony, Tun Dato’ Seri Zaki bin Tun Azmi, Astro Malaysia‘s Chairman, said, “We are delighted to celebrate the completion of our IPO which received strong demand from the investing community, both locally and outside Malaysia. Such overwhelming response is a clear reflection of the investing community’s trust and confidence in our company, as well as in Malaysia as an attractive destination for investment.”

Astro Malaysia’s Chief Executive Officer, Dato’ Rohana Binti Tan Sri Datuk Haji Rozhan said, “The overwhelming demand for Astro Malaysia shares reflects investors' confidence in the Company. As we remain committed to playing a leading role in the consumer media entertainment industry, we will continue to evolve by innovating and investing in our technologies, our content and our people, to better serve our customers and community”.

Total amount of funds raised is approximately RM4.6 billion, of which the amount raised by the Company is RM1.4 billion.

Total demand for the institutional offering book (excluding the offering to cornerstone investors and Bumiputera investors approved by the Ministry of International Trade and Industry) was over 30 times the number of shares available in the book.

The retail offering also attracted a significant volume of interest, with more than 57,000 applications for approximately 735.9 million shares received from the Malaysian public for the approximately 103.9 million shares available for public subscription, representing an oversubscription rate of 6.08 times.

CIMB Investment Bank Berhad (“CIMB") acted as Transaction Manager, and together with Maybank Investment Bank Berhad (“Maybank IB”) and RHB Investment Bank Berhad (“RHB”) acted as Joint Principal Advisers to the Company for the IPO.

CIMB, Maybank IB, Credit Suisse (Singapore) Limited (“Credit Suisse”), Goldman Sachs (Singapore) Pte. (“Goldman Sachs”), J.P. Morgan Securities Plc (“J.P. Morgan”), UBS AG, Singapore Branch (“UBS”) acted as Joint Global Co-ordinators for the institutional offering.

CIMB, Maybank IB, Credit Suisse, Goldman Sachs, J.P. Morgan, UBS, RHB, Citigroup Global Markets Limited, DBS Bank Ltd, Deutsche Bank AG, Hong Kong Branch, Macquarie Capital (Singapore) Pte. Limited, Merrill Lynch (Singapore) Pte. Ltd, and Morgan Stanley & Co. International plc acted as Joint Bookrunners for the institutional offering.

AmInvestment Bank Berhad (“AmInvestment”), CLSA Singapore Pte Ltd, Kenanga Investment Bank Berhad (“Kenanga IB”), Oversea-Chinese Banking Corporation Limited and Public Investment Bank Berhad (“PIB”) acted as Co-Lead Managers for the institutional offering.

CIMB, Maybank IB, RHB and AmInvestment acted as Joint Managing Underwriters for the retail offering.

Kenanga IB, PIB, AFFIN Investment Bank Berhad and MIDF Amanah Investment Bank Berhad acted as Joint Underwriters for the retail offering.

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About Astro Malaysia Holdings Berhad

Astro Malaysia is Malaysia’s and one of Southeast Asia’s leading integrated consumer media entertainment groups,  engaging primarily within Malaysia in the creation, aggregation and distribution of content over multiple delivery platforms, including TV, radio, publications and digital media.

With a residential pay-TV subscriber base of over three million, Astro Malaysia has a market penetration rate of approximately 50% of the Malaysian TV households.  Astro Malaysia broadcasts 156 TV channels, including 68 Astro-created and branded channels and 22 HD channels, delivered via direct-to-home satellite TV, IPTV and OTT platforms.  Astro Malaysia provides HD, 3D, PVR, VOD and IPTV services through Astro B.yond and Astro On-The-Go.  Fulfilling its promise to bridge the digital divide for all of Malaysia, Astro Malaysia introduced NJOI in February 2012, which is the country’s first non-subscription based DTH satellite TV service, offering 18 TV and 20 radio channels.

Astro Radio owns and operates Malaysia’s highest rated stations across key languages which are available on both terrestrial and digital channels, reaching approximately 13 million weekly listeners and capturing a 52% share of listenership in Malaysia in April 2012. Astro Malaysia’s publications arm currently publishes seven publications, including Astro View, which is Malaysia’s most widely circulated magazine with a circulation of approximately six million in 2010, while Astro Malaysia’s digital arm develops and manages online and mobile portals to provide sports, entertainment and other key content to online audiences.

Astro Malaysia was awarded the “Brand of the Year” award at Malaysia’s Putra Brand Awards 2012.  The award is in recognition of Astro Malaysia’s efforts to exemplify innovation, quality and strong corporate social responsibilities.

These materials are not for publication or distribution, directly or indirectly, in or into the United States (including its territories and possessions, any state of the United States and the District of Columbia). These materials are not an offer of securities for sale into the United States, Canada or Japan. The Shares referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States except pursuant to an applicable exemption from registration.  No public offering of Shares is being made in the United States.