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  • AMBANK GROUP INVESTOR RELATIONS PRESENTATION INVEST MALAYSIA 12-13 APRIL 2011CONFIDENTIAL

    AMMB Holdings Berhad

    Cheah Tek KuangGroup Managing Director

    AmBank Group

    Invest Malaysia 2011

    Kuala Lumpur12 - 13 April 2011

  • AMBANK GROUP INVESTOR RELATIONS PRESENTATION INVEST MALAYSIA 12-13 APRIL 2011CONFIDENTIAL 1(Conventional + Islamic)

    AmBank Group staying focused on profitable growth, diversification and sustainability

    On track to deliver 4th consecutive year of record performance

    AmBank (M) & AmInvestment Bank upgraded to BBB/A-2/Stable by S&P

    FY2011 Priorities

    Profitable growth, diversification & rebalancing

    Faster non-interest income & deposit growth

    Staying Ahead

    30+ years banking franchise

    Top 20 on Bursa Saham

    Strategic partnership with ANZ

    Retail Banking and Business Banking

    sound contributions

    Life Assurance, General Insurance and Markets

    diversified portfolios yielding higher profits

    Corporate & Institutional Banking and Investment Banking

    good pipeline

    Well diversified Divisional contributions

    Proactive risk management

    Balance sheet positioned for rising interest rates and Basel III

    Implemented new funds transfer pricing and FRS disciplines

    Improved risk and financial disciplines

  • AMBANK GROUP INVESTOR RELATIONS PRESENTATION INVEST MALAYSIA 12-13 APRIL 2011CONFIDENTIAL 2(Conventional + Islamic)

    47.6 bil 52.6 bil 56.9 bil 64.4 bil 10.6 % 69.5 bil2 8.2%3

    42.4 bil 55.8 bil 64.1 bil 70.3 bil4 18.4 % 76.9 bil5 14.2%

    10.1% 14.1 % 15.2 % 15.8 % 1.9 % 15.1% 0.2%

    112.3 % 94.3 % 88.8 % 91.7 % -6.9 % 90.5%6 5.0%

    Transformational changes have delivered tangible results

    Notes :1 CAGR based on underlying PATMI of RM556.9 mil in FY07 and RM1,009.4 mil in FY102 Includes Islamic loans sold with recourse : 9MFY10 = RM365mil and 9MFY11 =RM1,582mil3 AmBank Groups 2-year net loans growth CAGR = 9.6%; system 2-year loans growth CAGR = 10.1%4 Includes Senior Notes of RM1.42 bil issued as at FY20105 Adjusted customer deposits includes Senior Notes RM3.39 bil, creditlinked notes RM0.17bil, loans sold with and without recourse6 Based on net loans including loans sold with recourse, over adjusted customer deposits as above

    FY07 FY10FY08 FY09CAGR

    (FY07 FY10)

    Change (9MFY11vs 9MFY10)

    Pe

    rfo

    rma

    nce

    PATMI

    EPS

    ROA

    ROE

    Gro

    wth

    Ris

    k, C

    apit

    al &

    Fu

    nd

    ing

    Pro

    file

    Net Lending

    Customer Deposits

    Net NPL RatioGross impaired

    loans

    RWCR

    LD Ratio

    (282.5) mil 668.5 mil 860.8 mil 1,008.6 mil 21.9%1 1,026.5mil 34.0%

    -5.8 % 11.5 % 11.7 % 11.5 % flat 13.9% 2.0%

    -0.37 % 0.82% 1.04% 1.13% 0.50 % 1.43% 0.28%

    -13.3 sen 28.2 sen 31.6 sen 34.7 sen 10.0 %1 45.3 sen 28.0%

    6.2% 3.7% 2.6% 1.5% -1.6%

    3.8% 3.4%

    9M FY11

    Annualised

    N/A N/A

  • (Conventional + Islamic) CONFIDENTIAL AMBANK GROUP INVESTOR RELATIONS PRESENTATION INVEST MALAYSIA 12-13 APRIL 2011 3(Conventional + Islamic)

    69.1%

    61.5%

    37.7%

    36.6%

    28.7%

    -3.0%

    10.2%

    -10.0% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0%

    RHB

    AMMB

    CIMB

    PBB

    HLFG

    MBB

    KLCIRatings FY07 9MFY2011

    Am

    Ban

    k (M

    )

    RAM A2/P1/Stable AA3/P1/Stable

    Fitch BBB-/F3/Stable BBB/F3/Stable

    S&P BBB-/A-3/Stable BBB/A-2/Stable

    Moodys Baa2/P-3/D-/Stable Baa2/P-3/D/Stable

    Capital Intelligence BBB-/A3/Stable BBB/A3/Stable

    Am

    Inve

    stm

    en

    t RAM AA3/P1/Stable AA3/P1/Stable

    Fitch BB+/B/Stable BBB/F3/Stable

    S&P BB+/B/Stable BBB/A-2/Stable

    MARC AA-/MARC-1/Stable AA-/MARC-1/Positive

    Am

    Isla

    mic

    RAM A2/P1/Stable AA3/P1/Stable

    Upgraded ratingsBanking Sector Share Price Movement relative to FBM KLCI

    Greater investor confidence on performances, strategy & execution focus

    Source: Bloomberg, as at 11 Mar 2011

    Consistent support from analysts

    Index change market price close of 11 Mar 11 vs. 4 Mar 11P/EPS : EPS annualized Jan 10 Dec 10P/BV : BV as at 31 Dec 2010Notes: TP: target price CP: weekly average closing price

    Sell/Underperform/Fully valued/Reduce/Underweight

    Hold / Neutral / Market perform

    Buy/Outperform/Overweight/Add

    Ranking Company 31 Dec 2010 1 Jan 2010YTD

    Change%

    1 RHBCAP 8.72 5.30 3.42 64.5%

    2 AXIATA 4.74 3.05 1.69 55.4%

    3 GENTING 11.24 7.34 3.90 53.1%

    4 GAMUDA 3.92 2.60 1.32 50.8%

    5 7.05 5.00 2.05 41.0%

    6 PLUS 4.57 3.26 1.31 40.2%

    7 PETDAG 12.00 8.70 3.30 37.9%

    8 KLK 22.38 16.50 5.88 35.6%

    9 CIMB 8.62 6.42 2.20 34.3%

    10 GENM 3.51 2.81 0.70 24.9%

    Rank #5

    Source: Bloomberg

    Rank #2

    2010 performance of FBM KLCI's 30 components

    (Note: 18 May 2007 vs. 14 Mar 2011)

    AMMB

  • AMBANK GROUP INVESTOR RELATIONS PRESENTATION INVEST MALAYSIA 12-13 APRIL 2011CONFIDENTIAL 4(Conventional + Islamic)

    Note :1in-house research as at 4 April 2011

    Opportunity

    Malaysian economic recovery led by domestic demand & higher retail consumption(GDP CY 2011e : 5.5%1)

    Supportive monetary policies, continued trade surplus; domestic demand leadingthe way

    Economic Transformation Programme (ETP) & recently announced EPPs (entry pointprojects) to mitigate global risk & moderating external demand

    System lending growth may moderate in CY2011

    Anticipating OPR hike of circa 25bps in CY2011

    Higher common equity & stable funding requirements under Basel III, but withlonger transition period

    Execute to strategic themes & strengthen market positions

    Leverage opportunities in domestic economy

    Better positioned for rising interest rates

    Leverage ANZs international connectivity

    2Industry :Emerging

    Opportunities & Challenges

    1Malaysia :

    Stable Outlook

    3AHB :

    Leveraging Tailwinds

  • AMBANK GROUP INVESTOR RELATIONS PRESENTATION INVEST MALAYSIA 12-13 APRIL 2011CONFIDENTIAL 5(Conventional + Islamic)

    Announcement Major NKEAsTotalEPPs

    InvestmentRMbil

    New jobs

    Round 4(8 Mar 2011)

    Wholesale & retailOil, gas & energyTourism

    23 15 88k

    Round 3(11 Jan 2011)

    Oil, gas & energyWholesale & retailGreater KLTourism

    19 67 52k

    Round 2(30 Nov 2010)

    Oil, gas & energy 9 8 71k

    Round 1(25 Oct 2010)

    Greater KL, E&EWholesale & retail

    9 5 13k

    ContentsEconomic Transformation Programme will benefit the banking sector Propelling Malaysia towards becoming a High-Income, Developed Nation

    4 strategic thrusts to transform Malaysia towards Vision 2020

    1 Malaysia

    10th Malaysia Plan

    Government Transformation

    Programme

    Economic Transformation

    Programme

    Economic Transformation Programme (ETP) roadmap

    RM661bil

    RM442b

    RM359b

    RM275b RM1.7tril

    USD188bil

    USD523bil

    USD138b

    USD112b

    USD86b

    2009 GNI Entry Point Projects (EPP)

    (BO) Biz opportunities

    Other sector growth

    2020 GNI target

    RM23.7k GNI (USD6.7k)per capita

    1 2 3

    National Key Economic Activities (NKEA)

    131 EPPs

    >RM48k GNI (USD15k) per capita

    3.3 mil new jobs

    Rural 25

    Urban 106

    131 EPPs across Malaysia

    Rural 8.7mil

    Urban 19.3 mil

    EPP allocation vis--vis population

    breakdown

    Total investment : USD 444 bil

    Public 8%USD34 bil

    Private sector 92% USD410 bil

    73% domestic direct investment

    8% public funding (USD34 bil) & 92% private funding (USD410 bil)

    Note :GNI = gross national income NKEA = National Key Economic Activities EPP = Entry Point ProjectsSource : www.pemandu.gov.my

    Shift to service-based economy to contribute 65% (current 58%)

    Entry Point Projects announced todate

  • AMBANK GROUP INVESTOR RELATIONS PRESENTATION INVEST MALAYSIA 12-13 APRIL 2011CONFIDENTIAL

    AMMB Holdings Berhad

    AmBank Group

    9MFY2011

    Financial Results

    Ashok RamamurthyDeputy Group Managing Director &

    Group Chief Financial Officer

  • AMBANK GROUP INVESTOR RELATIONS PRESENTATION INVEST MALAYSIA 12-13 APRIL 2011CONFIDENTIAL 7(Conventional + Islamic)

    Net interest income 1,797.1 2,085.5 2,289.2 2,518.5 2,053.7 +11.1%

    Fee and commission 461.3 582.1 511.2 618.2 513.0 +9.4%

    Investment and trading 340.2 245.6 6.6 298.5 236.3 -5.0%

    Insurance business 84.7 94.1 121.3 123.7 136.1 +46.5%

    Others 61.6 28.8 (0.9) 18.2 12.4 +9.7%

    Total income 2,744.9 3,036.1 2,927.4 3,577.0 2,951.4 +10.5%

    Expenses 1,066.6 1,221.3 1,268.8 1,501.4 1,165.9 +7.0%

    PBP 1,678.3 1,814.8 1,658.6 2,075.7 1,785.5 +13.0%

    Impairments / Allowances 1,762.9 620.4 441.0 699.0 345.9 -32.5%

    PATMI (282.5) 668.5 860.8 1,008.6 1,026.5 +34.0%

    Strong and consistent financial performance for 9MFY2011

    REPORTED

    FY07 FY08 FY09 FY10RM mil 9M FY119M FY11

    vs 9M FY10

    Favourable growth in 9M FY11 Unfavourable growth in 9M FY11

  • AMBANK GROUP INVESTOR RELATIONS PRESENTATION INVEST MALAYSIA 12-13 APRIL 2011CONFIDENTIAL 8(Conventional + Islamic)

    Diversified and sustainable divisional contributions

    Note 1 : Life Assurance surplus is transferred into life policy shareholders fund in overall Group accounts

    PATMI (by division)

    9MFY10 results