NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): ESOS KEY ASIC BERHAD (“KEY ASIC” or “COMPANY”) PROPOSED ESTABLISHMENT OF AN EMPLOYEES’ SHARE OPTION SCHEME FOR THE ELIGIBLE DIRECTORS AND EMPLOYEES OF KEY ASIC AND ITS SUBSIDIARIES (“PROPOSED ESOS”) We refer to the announcements dated 12 May 2011 and 25 May 2011 in relation to the Proposed ESOS. On behalf of the Board of Directors of Key ASIC, Public Investment Bank Berhad (“PIVB”) is pleased to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had, vide its letter dated 31 May 2011, approved the listing of such number of additional new ordinary shares of RM0.10 each in Key ASIC, representing up to 15% of the issued and paid-up share capital of Key ASIC (excluding treasury shares), to be issued pursuant to the exercise of the options under the Proposed ESOS subject to inter-alia, the following: (i) PIVB is required to submit a confirmation to Bursa Securities of full compliance of the Proposed ESOS pursuant to paragraph 6.43 (1) of the Main Market Listing Requirements of Bursa Securities and stating the effective date of implementation together with a certified true copy of the resolution passed by the shareholders of Key ASIC in a general meeting; and (ii) Key ASIC is required to furnish Bursa Securities on a quarterly basis a summary of the total number of ESOS shares listed as at the end of each quarter together with a detailed computation of the listing fees payable. This announcement is dated 31 May 2011.

KEY ASIC BERHAD

Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) ESOS
Description	KEY ASIC BERHAD (“KEY ASIC” or “COMPANY”) PROPOSED ESTABLISHMENT OF AN EMPLOYEES’ SHARE OPTION SCHEME FOR THE ELIGIBLE DIRECTORS AND EMPLOYEES OF KEY ASIC AND ITS SUBSIDIARIES (“PROPOSED ESOS”) We refer to the announcements dated 12 May 2011 and 25 May 2011 in relation to the Proposed ESOS. On behalf of the Board of Directors of Key ASIC, Public Investment Bank Berhad (“PIVB”) is pleased to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had, vide its letter dated 31 May 2011, approved the listing of such number of additional new ordinary shares of RM0.10 each in Key ASIC, representing up to 15% of the issued and paid-up share capital of Key ASIC (excluding treasury shares), to be issued pursuant to the exercise of the options under the Proposed ESOS subject to inter-alia, the following: (i) PIVB is required to submit a confirmation to Bursa Securities of full compliance of the Proposed ESOS pursuant to paragraph 6.43 (1) of the Main Market Listing Requirements of Bursa Securities and stating the effective date of implementation together with a certified true copy of the resolution passed by the shareholders of Key ASIC in a general meeting; and (ii) Key ASIC is required to furnish Bursa Securities on a quarterly basis a summary of the total number of ESOS shares listed as at the end of each quarter together with a detailed computation of the listing fees payable. This announcement is dated 31 May 2011.

---