iCar Asia Ltd Appoints Country Manager in Malaysia

December 3rd, 2012

iCar Asia Limited (ASX:ICQ), owner of ASEAN's number one network of automotive portals today announced the appointment of Mr John Paul Sta Maria as Country Manager, Malaysia.

Mr Sta Maria has an outstanding record of achievement in online media and classifieds, specifically in Malaysia, where he was most recently Country Manager, for Property Guru. Previously, he was the Malaysian Country Sales Manager for jobs portal, Monster.com.

“We are very excited that Mr Sta Maria has agreed to join us," said Damon Rielly, CEO of iCar Asia. “He is widely recognized as an exceptional talent and leader, his expertise and experience are an enormous gain for our business in Malaysia.”

He continued, “Mr Sta Maria brings very strong commercial knowledge of online classifieds and intimate knowledge of the best way to create business success in Malaysia. We look forward to having him drive our leading online car classifieds business, Carlist.my to even greater heights.”

For more information please contact:
Hamish Stone
Chief Executive Officer
iCar Asia Ltd
Mobile: +6017 473 3778
Email: hamish.stone@icarasia.com
Yee Chin Beng
Chief Financial Officer
iCar Asia Ltd
Mobile: +6012 655 8333
Email: chinbeng.yee@icarasia.com

About iCar Asia Limited (www.icarasia.com)

Listed on the Australia Securities Exchange, iCar Asia (ASX: ICQ) owns and operates ASEAN’s No.1 network of automotive portals. Headquartered in Kuala Lumpur, Malaysia, the company is focused on developing and operating leading automotive portals in Malaysia, Indonesia and Thailand. iCar Asia is continuously working to capitalise on its market-leading positions, with its online properties currently reaching approximately 12million car buyers and sellers in the region every month.

iCar Asia Network of websites: