| Type | Announcement |
| Subject | Rating of Maybank’s Proposed Tier 1 Capital Securities |
| Contents | RAM Rating Services Berhad had on 30 May 2008 announced that it has assigned a long term rating of AA2 for Maybank’s proposed Innovative Tier-1 Capital Securities of up to RM4.0 billion and Non-Innovative Tier-1 Capital Securities of up to RM3.5 billion. Concurrently RAM Rating Services Berhad had also reaffirmed Maybank’s long and short-term financial institutions ratings at AAA and P1. Both proposed Tier-1 securities form part of Maybank’s on-going capital management exercise and Maybank is presently in the process of procuring the relevant approvals from the authorities for the issuance of the Tier-1 securities. As of to date, Bank Negara Malaysia had given their approval on 28 May 2008 for the Tier-1 securities. Maybank will be announcing the details of the Tier-1 securities once all relevant regulatory approvals including the approval from the Securities Commission, have been obtained. This announcement is dated 2 June 2008. |
| Company Name | MALAYAN BANKING BERHAD |
| Stock Name | MAYBANK |
| Date Announced | 2 Jun 2008 |
| Category | General Announcement |
| Reference No | CU-080602-65416 |