| Type | Announcement |
| Subject | MALAYAN BANKING BERHAD PROPOSED SUBORDINATED BONDS ISSUANCE OF UP TO USD1.0 BILLION AND/OR ITS EQUIVALENT IN OTHER FOREIGN CURRENCIES IN NOMINAL VALUE (“the Subordinated Bonds”) |
| Contents | Aseambankers Malaysia Berhad (“Aseambankers”) on behalf of the Board of Directors of Malayan Banking Berhad (“Maybank”) is pleased to announce that the abovesaid Subordinated Bonds have been approved by the Securities Commission on 9 July 2008. The Subordinated Bonds have also been approved by Bank Negara Malaysia on 27 June 2008 to qualify as Tier 2 capital for purposes of Malaysian capital adequacy regulation. The proposed Subordinated Bonds form part of Maybank’s overall capital management programme which also encompasses the Innovative Tier-1 Capital Securities of up to RM4.0 billion which was announced on 5 June 2008 and the Non-Innovative Tier-1 Capital Securities of up to RM3.5 billion which was announced on 27 June 2008. With a comprehensive capital management programme being emplaced, Maybank will have the flexibility to swiftly access the capital markets as and when requirements prevail. This announcement is dated 14 July 2008. |
| Company Name | MALAYAN BANKING BERHAD |
| Stock Name | MAYBANK |
| Date Announced | 14 Jul 2008 |
| Category | General Announcement |
| Reference No | CU-080714-54881 |