NOTICE OF THIRD ANNUAL GENERAL MEETING

Type	:	Announcement
Subject	:	NEXTNATION COMMUNICATION BERHAD ("NEXTNATION") - NOTICE OF THIRD ANNUAL GENERAL MEETING

Contents :

NOTICE IS HEREBY GIVEN that the Third (3rd) Annual General Meeting of Nextnation Communication Berhad (“the Company”) will be held at Dewan Berjaya, Bukit Kiara Equestrian & Country Resort, Jalan Bukit Kiara, Off Jalan Damansara, 60000 Kuala Lumpur on Tuesday, 30 October 2007 at 10.00 a.m. for the following purposes:-

1. To receive the Audited Financial Statements of the Company for the financial year ended 30 April 2007 together with the Directors’ and Auditors' Reports thereon.	(Resolution 1)
2. To approve the payment of Directors’ Fees for the financial year ended 30 April 2007.	(Resolution 2)
3. To re-elect Mr. Tey Por Yee who shall retire in accordance to Article 83 of the Company's Articles of Association.	(Resolution 3)
4. To re-elect Mr. Leou Thiam Lai who shall retire in accordance to Article 90 of the Company's Articles of Association.	(Resolution 4)
5. To re-appoint Messrs. Shamsir Jasani Grant Thornton as Auditors of the Company until the conclusion of the next Annual General Meeting of the Company and to authorise the Directors to fix their remuneration.	(Resolution 5)
6. As Special Business: To consider and if thought fit, with or without any modification, to pass the following resolution:-
ORDINARY RESOLUTION: AUTHORITY TO ISSUE AND ALLOT SHARES “THAT subject to the approval of the Securities Commission and any other Government regulatory authority, full authority be and is hereby given to the Directors pursuant to Section 132D of the Companies Act 1965, from time to time to issue and allot ordinary shares from unissued share capital of the Company to such persons upon such terms and conditions and at such times as may be determined by the Directors provided always that the nominal value of the shares issued when aggregated with the nominal value of the shares which has been issued during the previous twelve (12) months does not exceed ten per cent 10% of the nominal value of all the shares in issue at the commencement of that period of twelve (12) months and provided always that the approval given by this resolution shall continue in force only until:- (a) the conclusion of the annual general meeting commencing next after the date on which this approval was given; or (b) the expiration of the period within which the next Annual General Meeting after the date is required by law to be held, whichever is earlier.”	(Resolution 6)
7. To transact any other business of which due notice shall have been given.

BY ORDER OF THE BOARD

LIM YEW HEANG
(MAICSA 7007653)
Company Secretary

Kuala Lumpur
8 October 2007

Explanatory Notes on Special Business:

1. The proposed adoption of the Ordinary Resolution (Authority to issue and allot shares) is primarily to give flexibility to the Board of Directors to issue and allot shares from the date of the above meeting until the next Annual General Meeting in their absolute discretion consider to be the best interest of the Company without convening a general meeting.

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.