Extension of Medium Term Notes Repayment Date

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014 AS IT FORMS PART OF DOMESTIC LAW IN THE UNITED KINGDOM BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018. UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INSIDE INFORMATION WILL BE CONSIDERED TO BE IN THE PUBLIC DOMAIN.

ASEANA PROPERTIES LIMITED("Aseana" or the "Company")

Extension of Commercial Paper and Medium Term Notes Repayment Date

Aseana (LSE: ASPL), a property developer in Malaysia listed on the main market of the London Stock Exchange, announces an extension to the repayment date for 6 tranches of medium term notes with aggregate nominal value of 5.7 million Malaysian ringgit (eq. c.$1.3 million) ("MTNs").

MTrustee Berhad ("MTrustee"), the trustee of the MTNs and Potensi Angkasa Sdn. Bhd. ("Potensi Angkasa"), a wholly owned subsidiary of the Company, have agreed for a time extension of 180 days for Potensi Angkasa to make full payment of the nominal value together with any accrued unpaid coupon for 6 tranches of the MTNs. The existing maturity date of 17 February 2025 for the MTNs has been extended to 18 August 2025 and the coupon rate payable is to be maintained unchanged at 7%, calculated on the basis of the actual number of days elapsed on a 365-day basis, as opposed to the previously agreed term where the coupon payable was calculated on a semi-annual basis for early redemption.

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