Reference is made to the announcements dated 23 February 2017 and 10 April 2017 in relation to the 14th DRP.

On behalf of the Board of Directors of Malayan Banking Berhad (“Maybank”), Maybank Investment Bank Berhad (“Maybank IB”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had, vide its letter dated 19 April 2017, approved the listing of and quotation for up to 322,256,117 new ordinary shares of Maybank on the Main Market of Bursa Securities to be issued pursuant to the 14th DRP (“Listing Application”).

The approval by Bursa Securities for the Listing Application is subject to the following conditions:

(i) Maybank and Maybank IB must fully comply with the relevant provisions under the Main Market Listing Requirements of Bursa Securities pertaining to the implementation of the 14th DRP;

(ii) Maybank and Maybank IB to inform Bursa Securities upon the completion of the 14th DRP; and

(iii) Maybank to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the 14th DRP is completed.

This announcement is dated 19 April 2017.