Aseana Properties LimitedLSE: ASPL

Update on the Treasury Share Sale

31 May 2023

Aseana Properties Limited

("Aseana" or the "Company")

Update on the Treasury Share Sale

Aseana Properties Limited (LSE: ASPL), a property developer in Malaysia which is listed on the Main Market of the London Stock Exchange, announces that further to its announcement on 30 March 2023 in relation to the proposed sale of Treasury Shares, it has determined to no longer pursue a sale of the Treasury Shares.  As a result, the total number of shares in issue has not changed.

For further information:

Aseana Properties Limited

Nick Paris, Non-Executive Chairman

nickparis@btinternet.com

+44(0)7738 470550

Grant Thornton UK LLP

Philip Secrett / George Grainger

+44(0)20 7383 5100