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We refer to the earlier announcements dated 31 July 2007, 29 August 2007, 11 September 2007, 18 September 2007 and 10 October 2007. On behalf of the Board of Directors of AHB, AFFIN Investment Bank Berhad wishes to announce that Bursa Malaysia Securities Berhad had via its letter dated 11 October 2007 granted its approval-in-principle for the listing of and quotation for the Placement Shares.

AHB had also, on 11 October 2007, obtained the approval from the Licensing Department of the Securities Commission for the change in indirect shareholding of AFFIN Fund Management Berhad (formerly known as AFFIN Fund Management Sdn Bhd) pursuant to the fund manager’s licence.

Accordingly, all the conditions precedent in relation to the Placement as stipulated in the conditional Share Subscription Agreement dated 18 September 2007 entered into between The Bank of East Asia, Limited and AHB have been fulfilled.

This announcement is dated 11 October 2007.