On behalf of Malayan Banking Berhad (“Maybank”), Maybank Investment Bank Berhad is pleased to announce that Maybank has obtained approval and authorization from the Securities Commission Malaysia vide its letter dated 14 August 2014 for the establishment of the AT1CS Programme and the issuance of AT1CS thereunder by Maybank.

In addition, the approval from Bank Negara Malaysia (“BNM”) for the establishment of AT1CS Programme has also been obtained on 14 July 2014 (upon terms and conditions therein contained).

The AT1CS to be issued under the AT1CS Programme will qualify as Additional Tier 1 capital of Maybank subject to compliance with the requirements as specified in BNM’s Capital Adequacy Framework (Capital Components) issued on 28 November 2012.

The AT1CS Programme will have a perpetual tenure from the date of first issuance of the AT1CS under the AT1CS Programme and each of the AT1CS shall have a perpetual tenure with a call date of no earlier than five (5) years from the issue date of that tranche of AT1CS. Each issuance of AT1CS under the AT1CS Programme, shall have a callable option allowing Maybank, subject to the redemption conditions being satisfied, to redeem (in whole or in part) that tranche of AT1CS on the call date at their principal amount together with accrued but unpaid coupon (if any).

The proceeds from the issuance of the AT1CS will be utilised to fund Maybank’s working capital, general banking and other corporate purposes, including the refinancing of any borrowings incurred and/or any debt instruments issued by Maybank and/or relating thereto.

The AT1CS Programme has been successfully established on 19 August 2014.

This announcement is dated 19 August 2014.