PRIVILEGE REWARDS PROGRAMME IV TERMS & CONDITIONS

1. The Privilege Rewards Programme IV (“Programme”) is open to all new and existing United Overseas Bank (Malaysia) Bhd (“UOBM”) Privilege Banking clients (“PV Clients”) whose account(s) are not invalid, suspended, cancelled or delinquent as determined by UOBM.

2. Subject to clauses 3 and 4 below, the Programme allows PV Clients to earn redemption points (“Privilege Points”) for the placement of funds in products as specified in “Ways to Accord Privilege Points” summary (available at www.uobprivilegebanking.com.my) (“Products”) subject to the following criteria:-

i) the PV Clients who place the funds must be the primary account holders of the Products; and

ii) the funds must be placed during the period commencing from 1 June 2012 to 31 December 2013 or such other period as shall be determined by UOBM at any time at its absolute discretion (“Programme Period”).

The number of Privilege Points that can be earned by the PV Clients may be varied, terminated, created and determined at any time at UOBM’s absolute discretion. The criteria to earn the Privilege Points may be specified, varied or removed by UOBM at any time.

3. Privilege Points will only be granted to the PV Clients who place any fixed deposits at UOBM’s prevailing board rates at the point of placement.

4. PV Clients who place funds in any unit trust – equity fund and fixed income fund (with load) investment products under UOBM investment promotions are not eligible to earn Privilege Points.

5. Privilege Points granted to the PV Clients on the placement of funds in the Products shall be reflected in their respective privilege banking monthly statements but shall be on float and may not be utilised to redeem for any items shown in the Privilege Rewards catalogue until the maturity of the relevant Products.

6. In the event of any premature withdrawals of the Products by the PV Clients for any reason, UOBM has the absolute right to forfeit the Privilege Points.

7. All Privilege Points earned by the PV Clients on or before 31 December 2013 must be utilised to redeem for items shown in the Privilege Rewards catalogue on or before 30 June 2014 or such other period as may be varied by UOBM at its absolute discretion at any time with prior notice.

8. All Privilege Points earned by the PV Clients can be used to redeem for items in the Privilege Rewards catalogue only, unless otherwise stated.

9. Privilege Points on float will be revoked once the Programme ends on 31 December 2013 unless the Programme is renewed for a fresh period and the Privilege Points on float are allowed to be carried forward to the new programme.

REDEMPTION OF PRIVILEGE POINTS

10. Subject to the availability of the products and vouchers, the items featured in the Privilege Rewards catalogue are valid for redemption from 1st June 2012 to 31st May 2013 (“Redemption Period”). Redemption of items featured in this catalogue must be made on or before 31st May 2013. No extension of time will be granted for the redemption of the Privilege Points.

11. All Privilege Points that are not utilised and redeemed by the expiry of the Redemption Period may be revoked in the event that the Programme is not renewed.

12. UOBM reserves the right to withdraw or substitute the items with items of equivalent value at any time with prior notice to the PV Clients and without assigning any reasons.

13. PV Client may redeem their Privilege Points by calling UOB Call Centre, faxing or mailing the duly completed redemption form executed by the PV Client to Privilege Banking centres or redeem online via UOBM Personal Internet Banking. Visit www.uob.com.my/pib.html for more information on the activation of UOBM Personal Internet Banking.

14. All requests for redemption shall be processed on a first-come, first-served basis and are subject to sufficient accumulated Privilege Points and availability of the items featured in the Privilege Rewards catalogue at the time of redemption. Requests for redemption of items for accounts with insufficient Privilege Points will not be processed.

15. The items will be couriered to addresses within Malaysia only. No delivery will be made to P.O Box addresses. UOBM will charge a redirection fee on PV Client who requests for a change in delivery address by debiting the same from their account. The prevailing rate of courier charges will apply and UOBM reserves the right to increase courier charges with 21 days prior notice.

16. Charges for second attempt delivery will be borne by the PV Client if the first delivery failed due to an invalid address provided by the PV Client or due to unsuccessful delivery attempt by the courier or any other reasons.

17. Pursuant to point No.15 & 16 above, UOBM reserves the right to debit the PV Client’s account for the courier charges incurred.

18. The PV Client assumes the risk of damage to the items delivered by mail or courier.

19. In the event the PV Client is not available to receive the items at the delivery address, the PV Client has to liaise directly with the courier service company at the specified time frame stated in the “attempt card” (dropped by the courier service company) to collect the items.

20. The items will be delivered within six (6) weeks from the date of the processed redemption order. Change of delivery address will only be allowed if the items had not been sent out to the PV Client.

21. The PV Client or the recipient of items is obliged to present an identification document to the courier staff, failing which the courier staff has the right to refuse delivery and will return the items to UOBM as unclaimed.

22. Proof of delivery of items is by way of an acknowledgement of receipt of the items by the PV Client or by the occupants at the delivery address, and where such address is an office, receipt by any office staff shall be deemed to be the acknowledgement of the PV Client.

23. If a PV Client does not receive the items upon the expiry of six (6) weeks from the date of the processed redemption order (“Delivery Period”), the PV Client is responsible to inform UOBM not later than two (2) months from the expiry of the Delivery Period. UOBM will then arrange for the delivery of the items to the PV Client upon receipt of proof of non-delivery from its agent. The PV Client shall have no right of recourse against UOBM upon the expiry of the two (2) months from the expiry of the Delivery Period and the PV Client shall be deemed to have received and accepted the items.

GENERAL

24. UOBM is not in any way responsible for any conflicting or indistinct features of the products or services provided under the Programme by any participating merchants or third party operators, service providers or suppliers. UOBM is not liable for any damages, losses, injury, loss of life or property damage resulting directly or indirectly from the items redeemed.

25. The PV Client must examine the items immediately to ensure the items received are the items redeemed by the PV Client and the items are in good working condition, where applicable.

26. If any items delivered by courier appear to be damaged, the PV Client shall endorse the particulars of the damage on the delivery order and return the order together with the damaged items to United Overseas Bank (Malaysia) Berhad, 4^th Floor, Bangunan UOB, 39-45 Jalan Othman, 46000 Petaling Jaya, Selangor Darul Ehsan within seven (7) days from the date of receipt of the items. Any claims made after the seven (7) days period will not be entertained. Items with warranty that needs repair should be sent directly to the manufacturer or supplier by the PV Client. If the PV Client insists that UOBM handles the repair on behalf of the PV Client, a fee will be levied and charged to the PV Client’s account. The damaged items cannot be exchanged for cash, other items in the Privilege Rewards catalogue or Privilege Points.

27. Certificates/Vouchers issued in connection with offers by participating establishment are issued subject to the terms and conditions imposed by the participating merchant which may include but not limited to availability and validity periods. No refund of the unused portion of the value of the certificates/vouchers will be made either by UOBM or the participating merchants.

28. Issuance of certificate/vouchers does not constitute a reservation of services, benefits or products. The PV Client is responsible for making all reservations or confirmation with the participating merchants.

29. UOBM shall not be liable to the PV Client for any defective or incomplete items delivered. No replacement of any defective, incomplete, lost or stolen items will be made either by UOBM or the participating merchants under any circumstances.

30. In the event that the items delivered to the PV Client are defective or incomplete, UOBM will not be liable to the PV Client and there is no obligation imposed on UOBM to provide any compensation of any kind, including cash compensation, to the PV Client.

31. UOBM shall not entertain any PV Client’s cancellation request or change of items selected once the duly completed redemption form is received by UOBM. The receipt of the duly completed redemption form is not an acknowledgement by UOBM of the entitlement and availability of the items selected by the PV Client.

32. UOBM shall not be held liable to the PV Client for any failure, error and/or delay caused by UOBM, its servants or agents or other third parties affecting the PV Client’s earning of the Privilege Points and/or redemption of items by the PV Client pursuant to this Programme

.

33. UOBM’s records shall be conclusive and binding and shall be used at all times in determining the Privilege Points entitlements of the PV Client subject to UOBM’s rights to revoke, deduct, amend and re-compute such records for purposes of correcting any errors, mistakes or inaccuracies in the said records.

34. UOBM’s records shall be conclusive and binding and shall be used at all times in determining the PV Client’s Privilege Points earned.

35. All Privilege Points earned but not utilised by the PV Client to redeem items shall be cancelled and be deemed of no value upon the expiry of fourteen (14) days after the termination of the PV Client as a Privilege Banking Client of UOBM.

36. Privilege Points earned have no monetary value and are neither transferable nor exchangeable for cash.

37. A PV Client’s beneficiary or successor in title shall have no claims on the Privilege Points earned by the PV Client.

38. The Programme is not valid with other UOBM Privilege Banking promotions and no other special or additional item or Privilege Points shall be given during the Programme Period.

39. By participating in the Programme, the PV Clients agree to be bound by this Terms and Conditions.

40. The PV Clients expressly consents and authorises UOBM to disclose or reveal to the participating merchants or third party operators, service providers or suppliers, any information relating to the PV Client in order to fulfill UOBM’s obligations under the Programme. The PV Client consents and confirms that no further consent from the Cardmember is necessary or required and UOBM shall be under no liability for disclosing such information.

41. UOBM shall be at liberty to assign or transfer all its rights and obligations or any part of the Programme to any merchant or third party operators, service providers or suppliers as UOBM sees fit.

42. UOBM reserves the right to withdraw or suspend or end this Programme early in whole or part, or to vary any of the Terms and Conditions at any time and from time to time, at its absolute discretion, with 21 days prior notice.

43. UOBM makes no representation and warranty with respect to the items and in particular, makes no warranty with respect to the quality of the items or their suitability for any purpose.

44. UOBM is not affiliated with the organisations whose products are published in the Privilege Rewards catalogue.

45. UOBM’s decision on all matters relating to the UOB Privilege Rewards Programme shall be final and binding on the PV Clients and no correspondences, complaints, claims by the PV Clients will be entertained.

46. All accessories or equipment featured together with the items in the photographs contained in the Privilege Rewards catalogue are for decorative and illustration purposes only and do not form part of the items to be redeemed by the PV Clients.

47. The Terms and Conditions shall be governed by and construed in accordance with the laws of Malaysia and the PV Clients agree to submit to the non-exclusive jurisdiction of the courts of Malaysia.