TIGER AIRWAYS HOLDINGS LIMITED1

(Incorporated in the Republic of Singapore) (Company Registration Number: 200701866W)

COMPLETION OF THE SUBSCRIPTION FOR 33% OF THE ISSUED SHARES IN THE CAPITAL OF PT MANDALA AIRLINES

The board of directors ("Board") of Tiger Airways Holdings Limited ("Company") refers to the announcement dated 23 September 2011 in respect of the entry by its wholly-owned subsidiary, Roar Aviation Pte. Ltd., into a share subscription agreement with PT Mandala Airlines ("Mandala") dated 23
September 2011 for the subscription of 22,618,594 new Class C shares in the issued share capital of Mandala, representing approximately 33% of the enlarged issued capital of Mandala on a fully diluted basis (the "Subscription").
The Board is pleased to announce that the Subscription was completed on 27 January 2012.
No director or controlling shareholder has any interest, direct or indirect, in the Subscription, save in respect of his/its shareholdings (if any) in the Company.
For further information, please refer to the media release on the completion of the Subscription, released by the Company on SGXnet simultaneously with this announcement.
By Order of the Board

Tiger Airways Holdings Limited

Joyce Fong
Company Secretary
30 January 2012

1 The initial public offering of the Company was sponsored by Citigroup Global Markets Singapore Pte. Ltd. and Morgan Stanley Asia (Singapore) Pte. (the 'Joint Managers'). The Joint Managers assume no responsibility for the contents of this announcement.

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Documents associés
Completion of the Subscription for 33% of the Issued Shares in the Capital of PT Mandala Airlines