Reference is made to the announcements dated 16 February 2017 and 14 July 2017 in relation to the above (“Announcements”). Unless otherwise defined, all the abbreviations and definitions used in this announcement shall have the same meaning as the words and expressions used in the Announcements.

On behalf of the Board of Directors of AHB, AFFIN Hwang Investment Bank Berhad (“AFFIN Hwang IB”) wishes to announce that the Company has been informed by its major shareholder, Lembaga Tabung Angkatan Tentera (“LTAT”) that LTAT had on 21 July 2017 submitted an application through AFFIN Hwang IB to the Securities Commission Malaysia to exempt LTAT and its persons acting in concert (“PACs”) from the requirement to make a mandatory take-over offer for all the ordinary shares in AFFIN Bank Berhad not held by LTAT and its PACs upon completion of the Proposed Distribution.

This announcement is dated 21 July 2017.