The Board of Directors of Malaysia Airports Holdings Berhad (the Company) wishes to announce that Malaysia Airports (Sepang) Sdn Bhd (the Plaintiff), a wholly owned subsidiary of the Company, has on 27 April 2018, filed the Writ of Summons and Statement of Claim at the Shah Alam High Court on AirAsia X Berhad (the Defendant).

The claim is in the sum of RM34,884,695.96 being the outstanding airport charges, rent and late payment charges (the Outstanding Amount) pursuant to the relevant agreements entered into between the parties.

Despite numerous demands, the Defendant has refused and/or failed to pay the Outstanding Amount.

The Board of the Company is of the opinion that it is necessary for Malaysia Airports (Sepang) Sdn Bhd to pursue the civil suit to best protect its interest.

The civil suit is not expected to have any material impact on the financial and operational position of the Company.

Any further updates in respect of any material development will be made from time to time.

This announcement is dated 30 April 2018.