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NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Nextnation Communication Berhad (“Company”) will be held at Kuala Lumpur Golf & Country Club, No. 10, Jalan 1/70D, Off Jalan Bukit Kiara, 60000 Kuala Lumpur, Wednesday, 18 October 2006 at 10.00 a.m. or immediately following the conclusion or adjournment, as the case may be, of the Second (2nd) Annual General Meeting of the Company, which will be held at the same venue and on the same day at 9.30 a.m. whichever is the later, for the purpose of considering and, if thought fit, passing the following resolution, with or without any modifications:

ORDINARY RESOLUTION

PROPOSED BONUS ISSUE OF UP TO 138,600,000 NEW ORDINARY SHARES OF RM0.10 EACH IN THE COMPANY (“NEXTNATION SHARES”), TO BE CREDITED AS FULLY PAID-UP, ON THE BASIS OF ONE (1) NEW NEXTNATION SHARE FOR EVERY TWO (2) EXISTING NEXTNATION SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER (“PROPOSED BONUS ISSUE”)

“THAT, subject to the approval of Bursa Malaysia Securities Berhad for the listing of and quotation for up to 138,600,000 new Nextnation Shares (“Bonus Shares”) to be issued pursuant to the Proposed Bonus Issue, approval be and is hereby given to the Company to capitalise a sum of up to RM13,860,000 from the share premium account of the Company, in making payment in full at par of up to 138,600,000 Bonus Shares and to allot and distribute the Bonus Shares so paid-up to those persons who are registered as the shareholders of the Company on a date to be determined by the Directors of the Company in the proportion of one (1) Bonus Share for every two (2) existing Nextnation Shares held.

AND THAT, the Bonus Shares shall, on allotment and issue, rank pari passu in all respects with the existing Nextnation Shares except that they shall not be entitled to any dividends, rights, allotments and/or distributions, the entitlement date of which is prior to the date of allotment of the Bonus Shares.

AND THAT, the Directors of the Company be and are hereby authorised to give effect to and implement the Proposed Bonus Issue with full power to assent to any conditions, modifications, variations, amendments and to do all acts and things in any manner as may be required and/or approved by the relevant authorities.”

By order of the Board



Lim Yew Heang (MAICSA 7007653)
Company Secretary

Kuala Lumpur
26 September 2006

Notes:

1. A member of the Company entitled to attend and vote at the Meeting is entitled to appoint a proxy to attend and vote in his stead. A proxy may but need not be a member of the Company and the provisions of Section 149(1)(b)(c) and (d) of the Companies Act, 1965 shall not apply to the Company.

2. In the case of a corporate member, the instrument appointing a proxy shall be under its Common Seal or under the hand of an officer or attorney duly authorised.

3. Where a member appoints more than one proxy, the appointments shall be invalid unless he specifies the proportions of his holdings to be represented by each proxy.

4. The instrument appointing a proxy must be deposited at the Registered Office of the Company at Level 7, Menara Milenium, Jalan Damanlela, Pusat Bandar Damansara, Damansara Heights, 50490 Kuala Lumpur not less than 48 hours before the time appointed for holding the Meeting or at any adjournment thereof.