Company Statement

                                                                              

23 March 2012

COMPANY STATEMENT

FOR IMMEDIATE RELEASE:

                                                              

Mumbai High Court Puts A Stop To Ongoing Investigations on SpeakAsia

SpeakAsia is pleased to note that the complainant, Navnit Tarachand Khosla, had withdrawn his complaint against SpeakAsia in a filed affidavit on 21 March 2012, as he had his subscription amount returned to him.

With this development, SpeakAsia hopes it can start on the road to resume its operations soon.

SpeakAsia would like to place on record its gratitude to the panelists who stood behind the company during these trying times.

Warm Regards,

SpeakAsia Corporate Marketing Team