Listing Circular LISTING'S CIRCULAR NO. L/Q : 36544 OF 2006

Company Name	:	ASIAEP BHD (MESDAQ Market)
Stock Name	:	ASIAEP
Date Announced	:	10/05/2006

Subject

:

ASIAEP - NOTICE OF RIGHTS ENTITLEMENT

Contents :

RENOUNCEABLE RIGHTS ISSUE OF UP TO 82,777,778 NEW WARRANTS IN ASIAEP ("WARRANTS") AT AN ISSUE PRICE OF RM0.01 PER WARRANT, PAYABLE IN FULL UPON ACCEPTANCE, ON THE BASIS OF ONE (1) NEW WARRANT FOR EVERY THREE (3) EXISTING ORDINARY SHARES OF RM0.10 EACH HELD.

Kindly be advised of the following :

1) The Rights commence of trading : [ 18 May 2006 ]

2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer :
[ 16 May 2006 ]

3) The last day and time for Acceptance, Renunciation and Payment :
[ 12 June 2006 @ 5:00pm ]

4) The Rights cease quotation : [ 31 May 2006 ]

The Stock Short Name, Number and ISIN Code [ ASIAEP-WR, 0039WR and MYQ0039WR002] respectively