TIGER AIRWAYS HOLDINGS LIMITED

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

REVISED OFFER FROM TIGER AIRWAYS TO PURCHASE STAKE IN PHILIPPINES BASED SEAIR
• Tiger Airways Holdings Limited ("Tiger Airways") plans to purchase a 40% stake in South East
Asian Airlines (SEAIR), Inc. ("SEAIR") for US$7M
Singapore, 16 April 2012. Tiger Airways today announced the signing of a revised Term Sheet for
Tiger Airways to purchase a 40% stake in SEAIR from existing foreign investors for US$7 million. The revised Term Sheet is to replace the first Term Sheet that was signed on 24 February 2011. The parties will now proceed to finalise the definitive sale and purchase agreement for the stake.
BY ORDER OF THE BOARD
TIGER AIRWAYS HOLDINGS LIMITED
Ms Joyce Fong
Company Secretary
16 April 2012

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