LETTER OF TRANSMITTAL

New ASAT (Finance) Limited

Offer for all outstanding

9.25% Senior Notes due 2011 and associated guarantees

in exchange for

9.25% Senior Notes due 2011 and associated guarantees,

which have been registered

under the Securities Act of 1933, as amended

Pursuant to the Prospectus, dated             , 2005

The exchange offer will expire at 5:00 P.M., New York City time, on                     , 2005, unless extended. Tenders of original notes may be withdrawn at any time prior to 5:00 P.M., New York City time, on the expiration date.

The exchange agent for the exchange offer is:

The Bank of New York

Facsimile Transmission:

(for eligible institutions only):

(212) 298-1915

To Confirm by Telephone:

(212) 815-5788

By Hand and Overnight Delivery or Certified Mail:

The Bank of New York

Corporate Trust Operations

Reorganization Unit

101 Barclay Street 7 East

New York, N.Y. 10286

Attn: Mr. William Buckley

New ASAT (Finance) Limited

9.25% Senior Notes Due February 1, 2011

Delivery of this letter of transmittal to an address other than as set forth above or transmission of this letter of transmittal via facsimile to a number other than as set forth above will not constitute a valid delivery.

The undersigned acknowledges that he or she has received the prospectus, dated             , 2005, of New ASAT (Finance) Limited, an exempted company with limited liability under the Companies Law (2003 Revision) of the Cayman Islands, which we refer to as New ASAT (Finance) in this letter, and this letter of transmittal, which together constitute New ASAT (Finance)s offer to exchange, which we refer to as the exchange offer in this letter, an aggregate principal amount of up to $150,000,000 of New ASAT (Finance)s 9.25% Senior Notes due February 1, 2011 and associated guarantees, which we collectively refer to as the exchange notes in this letter, which have been registered under the Securities Act of 1933, as amended, which we refer to as the Securities Act in this letter,

for a like principal amount of New ASAT (Finance)s issued and outstanding 9.25% Senior Notes due February 1, 2011 and associated guarantees, which we collectively refer to as the original notes in this letter, from the registered holders thereof. We refer to this letter of transmittal as this letter.

For each original note accepted for exchange, the holder of such original note will receive an exchange note having a principal amount equal to that of the surrendered original note. The exchange notes will bear interest from the most recent date to which interest has been paid on the original notes or, if no interest has been paid on the original notes, from January 26, 2004. As a result, registered holders of exchange notes on the relevant record date for the first interest payment date following the consummation of the exchange offer will receive interest accruing from the most recent date to which interest has been paid or, if no interest has been paid, from January 26, 2004. Original notes accepted for exchange will cease to accrue interest from and after the closing date of the exchange offer. Holders of original notes whose original notes are accepted for exchange will not receive any payment in respect of accrued interest on such original notes otherwise payable on any interest payment date the record date for which occurs on or after the closing date of the exchange offer.

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