The Board of Directors of Maybank is pleased to announce that Maybank IB, a wholly-owned subsidiary of Maybank, has on 9 April 2012 entered into a conditional Share Purchase Agreement ("SPA") with Al Numu and Anfaal, for the following:

(i) proposed acquisition of 858,499 ordinary shares of SAR10 each in Anfaal ("Anfaal Shares"), representing approximately 17.17% of the ordinary share capital of Anfaal, for a cash consideration of SAR10,516,613, being SAR12.25 for each Anfaal Share; and

(ii) proposed assignment of the subordinated loan of SAR2,070,000 ("Subordinated Loan") from Al Numu to Maybank IB.

((i) and (ii) collectively referred to as the "Proposals").

Please refer to the attachment for details of the Proposals.

This announcement is dated 10 April 2012.