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Placement of Up To 4,000,000 New Ordinary Shares of RM0.10 Each In AB, Representing 10% Of The Issued And Paid-Up Share Capital Of The Company ("Placement")


Asdion Berhad wishes to announce that 4,000,000 new ordinary shares of RM0.10 each in Asdion ("Asdion Shares") have been placed out at RM0.60 per Asdion Share, and the listing of and quotation for the new Asdion Shares is expected to take place in early January 2007.