Pursuant to our announcement on 21^st February 2012, Maybank Investment Bank Berhad on behalf of the Board of Directors of Malayan Banking Berhad (“Maybank”) is pleased to announce that Maybank had on 10 May 2012 issued RM2.1 billion of Subordinated Notes with tenure of 12 years on a 12 non-callable 7 basis (“Subordinated Notes”) under its Subordinated Note Programme of up to RM7.0 billion in nominal value.

The Subordinated Notes were priced at 4.25% and will qualify as Tier 2 capital of Maybank subject to compliance with the requirements as specified in the Risk Weighted Capital Adequacy Framework and Capital Adequacy Framework for Islamic Banks (General Requirements and Capital Components) guideline by BNM.

The net proceeds from the issuance of the Subordinated Notes will be utilised to fund Maybank’s working capital, general banking and other corporate purposes.

This announcement is dated 10 May 2012.