| AMEDIA ANNUAL REPORT 2014 | 1 |
| CONTENT | 2 |
| Corporate Philosophy | 3 |
| Corporate Structure | 4 |
| Corporate information | 5 |
| Financial Highlights | 6 |
| Chairman's Statement | 8 |
| Significant Milestones | 11 |
| Event Highlight | 24 |
| Management Discussion & Analysis | 29 |
| Board of Directors' Profile | 33 |
| Corporate Sustainability Statement | 36 |
| Statement of Directors' Responsibilities | 37 |
| Corporate Governance Statement | 38 |
| Additional Compliance Information | 50 |
| Statement on Risk Management & Internal Control | 52 |
| Audit Committee Report | 55 |
| FINANCIAL STATEMENTS | 59 |
| Directors' Report | 60 |
| Statement by Directors | 67 |
| Statuotory Declaration | 67 |
| Independent Auditors' Report | 68 |
| Statements of Financial Position | 70 |
| Statements of Profit or Loss & Other Comprehensive Income | 72 |
| Statements of Changes in Equity | 74 |
| Statements of Cash Flows | 76 |
| NOTES TO THE FINANCIAL STATEMENTS | 78 |
| 1) General Information | 78 |
| 2) Basis of Preparation of The Financial Statements | 78 |
| 3) Financial Risk Management Objectives & Policies | 80 |
| 4) Significant Accounting Policies | 84 |
| 5) Critical Accounting Judegements & Key Sources of Estimation Uncertainty | 99 |
| 6) Property, Plant & Equipment | 101 |
| 7) Development Costs | 103 |
| 8) Other Intangible Assets | 103 |
| 9) Investment in Subsidiaries | 104 |
| 10) Goodwill in Consolidation | 105 |
| 11) Trade Receivables, Other Receivables & Prepaid Expenses | 105 |
| 12) Deposits with Licensed Banks | 106 |
| 13) Share Capital | 106 |
| 14) Reserves | 110 |
| 15) Deferred Tax Liability | 110 |
| 16) Trade Payables, Other Payables & Accrued Expenses | 111 |
| 17) Short Term Bank Borrowing | 111 |
| 18) Amount Owing to Director | 111 |
| 19) Staff Costs | 112 |
| 20) Directors' Remuneration | 112 |
| 21) Finance Costs | 113 |
| 22) Income Tax Expense/ (Credit) | 113 |
| 23) Earnings/(Loss) Per ordinary Share | 115 |
| 24) Cash & Cash Equivalents | 115 |
| 25) Segmental Information | 116 |
| 26) Significant Related Party Transactions | 118 |
| 27) Capital Commitment | 118 |
| 28) Corporate Proposals | 118 |
| 29) Material Litigation | 119 |
| 30) Supplementary Information | 120 |
| Analysis of Shareholdings | 121 |
| Analysis of Warrant Holdings | 123 |
| Notice of Seventh Annual General Meeting | 125 |
| Proxy Form | 128 |
| END | 130 |