[] [ACTIONS SEMICONDUCTOR CO., LTD. Offer to Amend Outstanding Options Exercisable for American Depositary Shares THE OFFER EXPIRES AT 5:00 P.M., BEIJING TIME ON MARCH 20, 2009, UNLESS THE OFFER IS EXTENDED. We (Actions Semiconductor Co., Ltd.) are offering our employees, consultants and non-employee directors the opportunity to amend their outstanding stock options to purchase our American Depositary Shares traded on] [LETTER OF TRANSMITTAL THE OFFER BY ACTIONS SEMICONDUCTOR CO., LTD. TO AMEND OUTSTANDING OPTIONS EXERCISABLE FOR AMERICAN DEPOSITARY SHARES DATED FEBRUARY 26, 2009 THE RIGHT TO PARTICIPATE IN THE OFFER TO AMEND ELIGIBLE OPTIONS WILL COMMENCE ON FEBRUARY 26, 2009 AND WILL EXPIRE AT 5:00 P.M., BEIJING TIME, ON MARCH 20, 2009 UNLESS THE OFFER IS EXTENDED BY ACTIONS SEMICONDUCTOR] [WITHDRAWAL LETTER WITHDRAWAL OF PREVIOUSLY SUBMITTED LETTER OF TRANSMITTAL TO AMEND OUTSTANDING OPTIONS EXERCISABLE FOR AMERICAN DEPOSITARY SHARES DATED FEBRUARY 26, 2009 THE OFFER WILL COMMENCE ON FEBRUARY 26, 2009 AND WILL EXPIRE AT 5:00 P.M., BEIJING TIME, ON MARCH 20, 2009 UNLESS THE OFFER IS EXTENDED BY ACTIONS SEMICONDUCTOR CO., LTD . If you previously elected to participate in] [EMAIL TO ELIGIBLE PARTICIPANTS, DATED FEBRUARY 26, 2009 [Name of Eligible Participant] To: From: _______________________ Dear Eligible Participant: I am pleased to announce that today, Actions Semiconductor Co., Ltd. has commenced an offer (the “Offer”) that will give you the opportunity to amend your outstanding options to purchase our American Depositary Shares that were granted on May 21, 2008, August] [Actions Semiconductor Co., Ltd. Participation Statement Offer to Amend Eligible Options Grant Date Eligible Options Exercise Price Number of Shares Underlying Eligible Options Initial Vesting Date for First Portion of Eligible Options Amended Options Exercise Price Number of Shares Underlying Amended Options Initial Vesting Date for First Portion of Amended Options]