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Date : 12 June 2001

ARTICLE ENTITLED " MAS SAID TO BE GIVEN NOD FOR DOMESTIC FARE INCREASE"

MALAYSIAN AIRLINE SYSTEM BERHAD

TypeReply to query
Reply to Query Letter by KLSE reference IDCY-010611-44064
SubjectARTICLE ENTITLED " MAS SAID TO BE GIVEN NOD FOR DOMESTIC FARE INCREASE"

Contents :

We refer to your letter dated 11 June, 2001 (Reference No. CY-010611-44064) pertaining to:-


(1) "The Government is believed to have consented to an increase of up to 30 per cent in domestic airfare...."
(2) "The fare increase .... is believed to be only for routes in Peninsular Malaysia."
(3) "... the domestic airfares for the First and Business Classes are expected to be raised by 30 per cent. On the Economy Class, the increase will be 10 per cent."

We wish to inform that we have not written to the Government officially on the aforesaid matter.

Query Letter Contents :

We refer to the above news article appearing in Business Times, pages 1 and 2
on Monday, 11 June 2001, a copy of which is enclosed for your reference.
In particular, we would like to draw your attention to the underlined
sentences, which are reproduced as follows:-
(1) "The Government is believed to have consented to an increase of up to 30
per cent in domestic airfare ..."
(2) "The fare increase ... is believed to be only for routes in Peninsular
Malaysia."
(3) "... the domestic airfares for the First and Business Classes are expected
to be raised by 30 per cent. On the Economy Class, the increase will be 10 per
cent."
In accordance with the Exchange's Corporate Disclosure Policy, you are
requested to furnish the Exchange with an announcement for public release
confirming or denying the above reported article and in particular the
underlined sentences after due and diligent enquiry with all the directors,
substantial shareholders and all such other persons reasonably familiar with
the matters about which the disclosure is to be made in this respect. In the
event you deny the above sentences or any other part of the above reported
article, you are required to set forth facts sufficient to clarify any
misleading aspects of the same. In the event you confirm the above sentences
or any other part of the above reported article, you are required to set forth
facts sufficient to support the same.
Please furnish the Exchange with your reply within one (1) market day from the
date hereof.

Yours faithfully


LISA LAM
Senior Manager
Listing Operations
LL/YYT/CY
Copy to Securities Commission (via fax)



Announcement Info

Company NameMALAYSIAN AIRLINE SYSTEM BERHAD  
Stock Name MAS    
Date Announced12 Jun 2001  
CategoryGeneral Announcement
Reference NoMA-010612-54860

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