Hong Leong Triple Prosperity FRNID launched

New principal protected FRNID with investments in China Mobile, Nokia OYJ, Nippon Building Fund, Hutchison Whampoa

Hong Leong Bank (HLB) today launched its first Floating Rate Negotiable Instrument of Deposit (FRNID). The new TripleProsperity FRNID is a 2-year principal protected investment where the returns can be potentially enhanced using a combined performance of 4 underlyingshares that focus on the Chinese and Japanese markets over the investment period.

The Hong Leong Triple Prosperity FRNID will invest in China Mobile, Nokia OYJ, Nippon Building Fund and Hutchison Whampoa, all of which being giantcorporations with strong investment presence in China and Japan. The best combined performance of the shares will be selected and principal will beprotected if held to maturity.

“With the Triple Prosperity FRNID, investors will be able to tap into the robust economic growth in 2 of Asia’s fastest growing economies,” said Ms YvonneChia, Group Managing Director of HLB. “The telecommunications, infrastructure and property industries are progressing at an unbelievably rapid pace inChina and Japan. We are confident that the healthy development of these industries in this region will further boost the performance of the 4 shareprofiles, offering our investors an attractive investment package.”

Asia commands almost two-thirds of the world’s asset reserves totaling over US$3.4 trillion and massive trade surpluses, which will be ploughed intodeveloping its cities’ infrastructures, including communications, housing, rails, airports, roads, water and sanitation.

The initial investment for the Triple Prosperity FRNID starts at RM100,000 with subsequent investment in multiples of RM50,000. The investment is suitablefor investors who have a positive outlook of the markets in China and Japan, and are especially comfortable with the selection of the 4 underlying shares.Both China Mobile and Nokia are listed in the Global Fortune 500 Companies. Nippon Building Fund is Asia Pacific’s largest REITs stock while HutchisonWhampoa is linked to Hong Kong’s largest infrastructure company called Cheung Kong Infrastructure.

This FRNID has a unique ‘Capture the Peak‘ feature designed to lock in the highest combined performance of the underlying shares for each month during the24 observation investment months. The annual coupon payouts will be calculated based on these peak readings.

“The launch of the Triple Prosperity FRNID is timely in today’s volatile financial market. Not only does it come with a principal protection, but at thesame time also allows investors the opportunity to enjoy potentially better yields than conventional Fixed Deposits rates,” said Ms Yvonne Chia, GroupManaging Director of HLB.

Because of these investments, a customer can get more information on promotions and products and/or submit applications by logging on to the Hong LeongBank website anytime, from anywhere. Or, customers can also visit any of the 186 branches nationwide. Customers can also go to any of the open houses soonto be staged at select Hong Leong Bank branches.

For more information, please visit our branches, call Hong Leong Call Centre at 1-800-38-8888 during normal working hours or log on to Hong Leong Online atwww.hlb.com.my

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Press Release - 05/09/2007