RHB On Track For Further Growth

KUALA LUMPUR, June 2, 2008 – RHB Capital Berhad (RHB Capital) is poised to continue to deliver enhanced shareholders value as the RHB Banking Group further realise the benefits of its Group-wide Transformation initiative as well as its various corporate and debt restructuring exercises undertaken to date.

During RHB Capital’s 13 th Annual General Meeting today, Datuk Azlan Zainol, Chairman of RHB Bank Berhad & Director of RHB Capital Berhad, said, “We will continue to see marked improvements in product quality and customer service as we progress further in our Transformation initiative.”

“Ultimately, we want to put ourselves in a position where we can effectively meet the needs of our customers so that we can further thrive in this highly competitive yet exciting sector.”

“The economic landscape today may be fraught with challenges but therein lies opportunities which the RHB Banking Group can capitalize on. We must stay firm to the direction we have set for ourselves, and with the continued support from our stakeholders, we are confident of achieving our Vision of being a Top Three financial services provider in ASEAN by 2020,” he added.

RHB Capital’s pre-tax profit of RM1,136.9 million for the financial year ended 31 December 2007 is a significant increase of 37% as compared to the RM829.8 million registered last year.

Net profit for the Group surged by 63% from RM274.6million to RM712.9million. Net interest income increased by 8% to RM2.1 billion.

Moving forward, the Group intends to continue its aim towards becoming a leading financial institution in ASEAN. To reflect the surge of change within the Group and its effort to further streamline its core businesses, RHB Capital has introduced its new corporate image which represents the brand as one single unified banking Group.

“Serving our customers as one cohesive banking Group will remain our direction forward. To set us apart from the players in the market, we feel that it is important to first win the confidence of our customers. By presenting ourselves as a unified entity, we demonstrate our efforts in understanding their needs and subsequently offer them with simple solutions that simplify banking,” Datuk Azlan concluded.

Issued on behalf of RHB Capital Berhad by Group Corporate Communications, RHB Capital Berhad. For more information, please contact Akmal Baqi at 03-92802776 or 012-6658704 or Kala Sukumar at 03-92802533 or 012-7100324.