Reference is made to the announcements dated 28 August 2014 and 29 August 2014 in relation to the 9th DRP.

On 28 August 2014, the Board of Directors of Maybank (“Board”) announced its consolidated results for the financial period ended 30 June 2014, wherein the Board declared a single-tier interim cash dividend in respect of the financial year ending 31 December 2014 of RM0.24 per Maybank Share held (“Interim Cash Dividend”). The Board had also determined that the dividend reinvestment plan will apply to the Interim Cash Dividend, in which an electable portion of RM0.20 per Maybank Share held can be elected to be reinvested into new Maybank Shares and the remaining portion of the Interim Cash Dividend of RM0.04 per Maybank Share held will be paid in cash.

On behalf of the Board, Maybank Investment Bank Berhad (“Maybank IB”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had, vide its letter dated 11 September 2014, approved the listing of and quotation for up to 248,769,255 new Maybank Shares to be issued pursuant to the 9th DRP on the Main Market of Bursa Securities (“Listing Application”).

The approval by Bursa Securities for the above Listing Application is subject to the following conditions:

(i)         Maybank and its adviser must fully comply with the relevant provisions under the Main Market Listing Requirements issued by Bursa Securities pertaining to the implementation of the 9th DRP;

(ii)         Maybank and its adviser to inform Bursa Securities upon the completion of the 9th DRP; and

(iii)        Maybank to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the 9th DRP is completed.

On behalf of the Board, Maybank IB wishes to announce that the issue price of the new Maybank Shares to be issued pursuant to the 9th DRP applicable to the Interim Cash Dividend has been fixed today (“Price-Fixing Date”) at RM9.30 per new Maybank Share. The issue price is based on the five (5)-day volume weighted average market price (“VWAMP”) of RM10.08 per Maybank Share up to and including 11 September 2014, being the last trading day prior to the Price-Fixing Date for the issue price of new Maybank Shares after adjusting for the following:

(i)          a dividend adjustment of RM0.24 to the five (5)-day VWAMP (“Ex-Dividend VWAMP”); and

(ii)         a discount of RM0.54 which is approximately 5.49% discount to the Ex-Dividend VWAMP of RM9.84.

On behalf of the Board, Maybank IB also wishes to announce on even date that the book closure date pursuant to the Interim Cash Dividend and the 9th DRP has been fixed for 29 September 2014.

Barring any unforeseen circumstances, the new Maybank Shares arising from the 9th DRP will be listed on the Main Market of Bursa Securities on 29 October 2014.

This announcement is dated 12 September 2014.