Press Release 2006

UOB Malaysia Consecutively Opens Five New Branches UOB further strengthens its Southeast Asian platform with its latest branch openings

Petaling Jaya, 13 November 2006 - United Overseas Bank (Malaysia) Bhd ("UOB Malaysia") today kicks off Celebration of UOB Malaysia Branch Network Expansion, which marks the consecutive official opening of five new branches within a week. The branch network expansion is another significant milestone in UOB Malaysia's history.

Between 13 and 17 November 2006, UOB Malaysia's management is making its rounds to officially open four new branches in Kota Damansara, Kepong, Muar and Sibu, as well as one relocated branch at Jalan Sultan Ismail.

Speaking at the official opening of Kota Damansara Branch, Mr Chan Kok Seong, Director and Chief Executive Officer of UOB Malaysia enthused, "With 41 strategically-located branches nationwide, UOB remains the top foreign bank with the largest branch network in Malaysia. The opening of these new branches is a clear demonstration of our commitment to reaching out to our customers by adding value to their banking needs, and providing them with greater accessibility and convenience."

With UOB Malaysia's expanded presence, customers can expect greater convenience and accessibility to the bank's products and services. Each branch is staffed with a team of experienced professionals who will add value to customers' banking needs and experiences.

In addition, three of the new branches - Kota Damansara, Kepong and Jalan Sultan Ismail - are equipped with a spacious Privilege Banking Centre. Privilege Banking customers can thus enjoy the convenience and privacy of banking in a classy and comfortable environment.

Mr Francis Lee, Senior Executive Vice President in charge of Personal Financial Services and International businesses in United Overseas Bank Limited ("UOB") said, "We are very proud of our operations in Malaysia. Our customers in Malaysia stand to benefit from banking with an institution with strong parentage. Singapore-based UOB has a 71-year history of bringing quality products and services to customers. With a well-established regional presence, the UOB Group sees potential for synergies across countries, products and customers. Our shared resources and network will allow us to more effectively serve our customers on a regional basis."

Attractive Offers for Customers

To celebrate its branch network expansion, UOB Malaysia has attractive offers for both existing and new customers to reward them for their unwavering support.

(a) 13 November 2006 - 31 December 2006: Fixed Deposit (FD) Promotions*
Customers can enjoy:
  • Special six-month FD rate of 3.58% p.a.* when they sign up for any UOB Malaysia's products such as Savings Plus, i-Account, Easi-Cash, home loans, wealth management products and credit cards. This promotion is available at UOB Malaysia branches nationwide.
  • One-month FD rate of 3.28% p.a.* and three-month FD rate of 3.38% p.a.* at the five newly-opened UOB Malaysia branches only. The minimum FD placement is RM50,000 and customers must open or maintain a savings/current account with the UOB Malaysia branch where the FD is placed.
    (b) 13 November 2006 - 31 December 2007: MaxGain FDPlus Promotion*
    Customers who invest a minimum of RM5,000 in MaxGain and place the same amount in a FD can enjoy an additional 0.5% p.a.* on top of the published FD board rate. This additional rate applies to FD tenors of one, three, six, nine and 12 months, and for as long as the customer maintains his/her investment in MaxGain with UOB Malaysia within the promotional period. MaxGain is an investment-linked insurance plan that provides protection and maximises investment returns in one policy.
    * Terms and conditions apply. Please visit the participating UOB Malaysia branches for details.

    Creative Congratulatory Message Contest

    From 13 November 2006 to 31 December 2006, UOB Malaysia is also running the Creative Congratulatory Message contest for customers to express their congratulatory wishes to UOB Malaysia on its new branch openings. The customer with the most creative congratulatory message stands to win the grand prize of RM10,000 cash. In addition, 20 consolation prizes - RM500 worth of petrol vouchers each - are up for grabs.

    The details of the five branches are as follows:

    Branch Name Branch Contacts Official Opening Date
    Kota Damansara Branch No. 48, Jalan PJU 5/8, Dataran Sunway,
    Kota Damansara, 47810 Petaling Jaya,
    Tel: 03-6140 9881
    Fax: 03-6140 9771
    With Privilege Banking Facilities
    13 November 2006
    Jalan Bakri, Muar Branch No. 10, Jalan Pesta 1/1
    Kg. Kenangan Tun Dr. Ismail (1),
    Jalan Bakri, 84000 Muar,
    Tel: 06-9555 881
    Fax: 06-9531 181
    14 November 2006
    Sibu Branch No. 8, Lorong 7A Jalan Pahlawan
    Jaya Li Hua Commercial Centre
    (dekat Terminal Bas Jalan Pahlawan)
    96000 Sibu, Sarawak
    Tel: 084-216 089
    Fax: 084-217 089
    15 November 2006
    Jalan Sultan Ismail Branch Unit 1-6, Ground Floor, President House
    Jalan Sultan Ismail, 50250 Kuala Lumpur
    Tel: 03-2142 8828
    Fax: 03-2141 1212
    With Privilege Banking Facilities
    16 November 2006
    Kepong Branch No.82, Ground Floor, Jalan 3/62D
    Medan Putra Business Centre
    Sri Menjalara, Off Jalan Damansara
    52200 Kuala Lumpur
    Tel: 03-6286 6888
    Fax: 03-6275 3666
    With Privilege Banking Facilities
    17 November 2006

    Copyright © United Overseas Bank (Malaysia) Bhd. (271809-K). All Rights Reserved.