Pursuant to Paragraph 9.19(23) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Malayan Banking Berhad ("Maybank") wishes to announce that Maybank Asset Management Sdn Bhd ("MAM"), a wholly owned subsidiary of Maybank Asset Management Group Berhad (formerly known as Aseamlease Berhad) ("MAMG") had on 26 August 2013, completed the acquisition of 31,680 ordinary shares of PT GMT Aset Manajemen (“GMT”) representing 99% of the issued and paid up share capital of GMT (“Acquisition”). MAMG is a wholly owned subsidiary of Maybank. With the completion of the Acquisition, GMT becomes a subsidiary of MAM and MAMG as well as Maybank today.

Under the law and regulation in Indonesia, a foreign licensed securities company, in this case MAM, may hold up to 99% of total issued and paid up capital of an Indonesian securities company. For the purpose of regulatory compliance, the existing major shareholder of GMT, i.e. PT Kapital Asia shall continue to hold a 1% equity stake in GMT (the “Option Shares”) and grant MAM the option to purchase or to designate at MAM’s sole discretion any qualified party to purchase such Option Shares within a period of 3 years and extendable by both parties.

The purpose of the Acquisition is for Maybank to have a fund management presence in Indonesia under its group of companies as well as to complement the business entities of MAMG in the ASEAN region. On the same note, it will also create an opportunity for GMT to promote its products in the region by leveraging on Maybank’s presence.

Maybank had, on 11 July 2013, obtained Bank Negara Malaysia’s approval for the Acquisition pursuant to Section 85 of the Financial Services Act 2013. In addition, the Securities Commission Malaysia and Otoritas Jasa Keuangan have also given their approvals for the Acquisition on 27 November 2012 and 16 July 2013 respectively.

The Acquisition is not expected to have any material impact on the earnings, net assets and gearing of Maybank for the financial year ending 31 December 2013.

To the best of Maybank’s knowledge, none of the Directors and/or major shareholders of Maybank and/or persons connected with them have any interest, direct or indirect in the Acquisition.

This announcement is dated 26 August 2013.