Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965

Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965

Reference No AA-080801-54088

Amended Announcement
(Please refer to the ealier announcement reference number: AA-080731-62685)

Company Name	:	ASIAEP BHD (MESDAQ Market)
Stock Name	:	ASIAEP
Date Announced	:	01/08/2008

Name

LEE SUET HONG

Address

102, JALAN HUJAN BUBUK 6, TAMAN OUG, 58200 KUALA LUMPUR

NRIC/Passport No/Company No.

561214-10-5706

Nationality/Country of incorporation

Malaysian

Descriptions
(Class & nominal value)

Ordinary shares of RM0.10 each

Name & address
of registered
holder

LEE SUET HONG 102, JALAN HUJAN BUBUK 6, TAMAN OUG, 58200 KUALA LUMPUR

Details of changes
Type of transaction	Date of change	No of securities	Price Transacted (RM)
Disposed	30/07/2008	1,650,000	0.130
Disposed	31/07/2008	1,660,000	0.120

Circumstances
by reason of which change has occurred

DISPOSAL OF SHARES

Nature of
interest

DIRECT

Direct (units)

8,413,760

Direct (%)

3.48

Indirect/deemed interest (units)

41,250,020

Indirect/deemed interest (%)

17.05

Total no of securities after change

49,663,780

Date of notice

01/08/2008

Remarks

The percentage of Madam Lee Suet Hong's interests in AsiaEP Berhad ("asiaEP") shares is computed based on the total number of asiaEP shares in issue excluding a total of 3,423,300 asiaEP shares bought-back by asiaEP and retained as treasury shares as at 31 July 2008.

We would like to rectify the announcement dated 31st July 2008. It should be read as sold instead of bought. This was due to mistake in trade confirmation presented to us by a remisier of a security firm.