(Unless otherwise stated, the definitions used in this announcement shall carry the same meaning as defined in the announcement dated 16 September 2008 and 3 December 2010)

We refer to Maybank's announcements dated 16 September 2008 and 3 December 2010 in relation to the Sell-Down Requirement in respect of our stake in BII.

On behalf of Maybank, Maybank Investment Bank Berhad wishes to announce that Maybank has received a letter dated 31 May 2011 from Badan Pengawas Pasar Modal and Lembaga Keuangan ("Bapepam"), wherein Bapepam has granted a further extension of time for Maybank to fulfill the Sell-Down Requirement and complete the sell-down exercise by 1 December 2011.

Maybank may request for further extension if the sell down exercise would result in Maybank incurring a potential loss in excess of 10% of Maybank's original value of BII acquisition, preferably 2 weeks before 1 December 2011.

This announcement is dated 31 May 2011.