We refer to the announcement dated 23 February 2012 in relation to Maybank’s consolidated results for the financial period ended 31 December 2011, wherein the Board of Directors of Maybank (“Board”) have proposed a final cash dividend in respect of the 6-month financial period ended 31 December 2011 of RM0.36 per Maybank Share less 25% taxation. The proposed gross dividend consists of an electable portion of RM0.32 per Maybank Share (equivalent to net dividend of RM0.24 sen per Maybank Share) which can be elected to be reinvested into new Maybank Shares in accordance with the 4^th DRP.

On behalf of the Board, Maybank Investment Bank Berhad wishes to announce that the Board has today, approved the adoption of an additional option to allow Maybank’s shareholders to choose to receive their electable portion partly in cash and to reinvest the remaining portion of the electable portion into new Maybank Shares pursuant to the 4^th DRP and all its future DRPs.

In addition, on 28 March 2012, Bursa Malaysia Securities Berhad granted its approval to Maybank for an extension of time of five (5) market days from the requisite timing stated in Paragraphs 9.19(2)(a)(ii) and 6.09 of the Main Market Listing Requirements for the 4^th DRP.

This announcement is dated 28 March 2012.