Listing Circular LISTING'S CIRCULAR NO. L/Q : 37488 OF 2006

Company Name	:	ASIAEP BHD (MESDAQ Market)
Stock Name	:	ASIAEP
Date Announced	:	30/06/2006

Subject

:

ASIAEP-Renounceable rights issue of 66,861,390 new Warrants on the basis of 1 new Warrant for every 3 existing ordinary shares in ASIAEP at an issue price of RM0.01 per Warrant ("Rights Issue")

Contents :

Kindly be advised that ASIAEP's 66,861,390 Warrants issued pursuant to the Rights Issue will be admitted to the Official List of the Securities Exchange and the listing and quotation of these Warrants on the Mesdaq Market under the "Loans" sector, will be granted with effect from 9.00 a.m., Tuesday, 4 July 2006, on a "Ready" basis pursuant to the Rules of the Securities Exchange.

The Stock Short Name, ISIN Code and Stock Number of the Warrants are "ASIAEP-WA", "MYQ0039WAL61" and "0039WA" respectively.

Kindly also be advised that the Warrants of ASIAEP are prescribed securities. Dealings in the Warrants of ASIAEP should be carried out in accordance with the Securities Industry (Central Depositories) Act, 1991 and the Rules of Bursa Malaysia Depository Sdn Bhd.

Kindly also be reminded that only "free securities" can be utilised for settlement of trades involving the aforesaid Warrants of ASIAEP.