MIDF INVESTMENT IN FULL OPERATION

KUALA LUMPUR, Wednesday, 3 January 2007 KUALA LUMPUR, Wednesday, 3 January 2007 “MIDF Amanah Investment Bank Berhad (“MIDF Investment”), a Malaysian Industrial Development Finance Berhad (“MIDF”) Group company, will commence its investment banking business operations from today.

MIDF Investment Chief Executive Officer Dato’ Megat Hisham Megat Mahmud said, “We have successfully completed the rationalisation and integration of MIDF Group’s merchant banking, stock broking and discount house businesses”.

He also said that the business assets and liabilities of Amanah Short Deposits Berhad, Malaysia Discounts Berhad and MIDF Sisma Securities Sdn Bhd were vested into MIDF Investment on 29 December 2006 thus completing the transformation of MIDF Investment into a full-fledged investment bank. Dato’ Megat stated, “I am happy that the systems have been seamlessly integrated. Business will be conducted as usual.”

MIDF Investment will now provide a whole array of investment-banking related activities, such as financial advisory, underwriting of equities and debt instruments, treasury activities and equity-broking services. The bank also accepts wholesale deposits and makes market for bonds to complement its fee-based activities”.