| Administrator(s) | Asian Cricket Council | 
|---|---|
| Cricket format | One-Day International | 
| Tournament format(s) | Round-robin and Knockout | 
| Host(s) | 
 | 
| Champions | 
 | 
| Runner Up | 
 | 
| Participants | 6 | 
| Matches played | 13 | 
| Player of the series | Sanath Jayasuriya | 
| Most runs | Shoaib Malik 316 | 
| Most wickets | Irfan Pathan 14 | 
The eighth edition of cricket's Asia Cup (also called Indian Oil Asia Cup) was held in Sri Lanka after a gap of 4 years. Sri Lanka beat India in the final to win the cup.
The 4 test playing Asian nations participated in the tournament along with, for the first time, leading Asian associate nations, the UAE and Hong Kong.