MALAYAN BANKING BERHAD (Company No. 3813-K) (Incorporated in under the Companies Act, 1965)

NOTICE OF EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (“EGM”) of Malayan Banking Berhad (“” or “Company”) will be held at Nirwana Ballroom, Lower Lobby, Crowne Plaza Mutiara , Jalan Sultan Ismail, 50250 Kuala Lumpur on Monday, 13 June 2011 at 9.30 a.m., or any adjournment thereof, for the purpose of considering and, if thought fit, passing the following ordinary resolutions:

ORDINARY RESOLUTION 1 PROPOSED ESTABLISHMENT OF AN EMPLOYEES’ SHARE SCHEME OF UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP ORDINARY SHARE CAPITAL OF THE COMPANY AT ANY POINT IN TIME (“PROPOSED ESS”) “THAT subject to the approvals of all relevant authorities, including but not limited to, the approval of Securities Berhad (“Bursa Securities”) for the listing of and quotation for the new ordinary shares of RM1.00 each in Maybank (“Maybank Shares”) to be issued pursuant to the exercise of the options and/or award of Maybank Shares under the Proposed ESS of Maybank, approval be and is hereby given to the Directors to: (i) establish, implement and administer the Proposed ESS for the benefit of the following: (a) the eligible employees and executive director(s) (“Executive Director(s)”) of Maybank and its branches and subsidiaries in Malaysia, excluding listed subsidiaries, overseas subsidiaries and subsidiaries which are dormant; (b) eligible employees of overseas branches of Maybank; and (c) top management and selected key eligible personnel of PT Bank Internasional Indonesia Tbk, (collectively referred to as “Participating Maybank Group”) who fulfil the criteria of eligibility for participation in the Proposed ESS (“Eligible Employees”) in accordance with the by-laws of the Proposed ESS set out in Appendix I of the Circular to Shareholders of Maybank dated 30 May 2011 (“By-Laws”) and subject to such Proposed ESS not being in contravention with any laws, regulatory requirements and/ or administrative constraints in each respective country; (ii) appoint a trustee to facilitate the implementation of the Proposed ESS (“Trustee”) and authorise the Trustee to subscribe for new Maybank Shares for the purpose of the Proposed ESS; (iii) issue and allot and/or transfer from time to time such number of new Maybank Shares as may be required to be issued and/or transferred to the Trustee and/or the Eligible Employees pursuant to their exercise of options and/or vesting of Maybank Shares under the Proposed ESS and/or to facilitate the availability of the employee share option scheme trust funding mechanism as set out in the By-Laws; (iv) issue and allot to the Trustee and/or procure the transfer of such number of new Maybank Shares pursuant to the Proposed ESS from time to time as may be required for the purpose of the Proposed ESS, provided that the total number of new Maybank Shares to be issued and alloted and/or transferred shall not exceed ten percent (10%) in aggregate of the total issued and paid-up share capital of Maybank at any point of time during the duration of the Proposed ESS and that such new Maybank Shares shall, upon issuance and allotment, rank equally in all respects with the existing Maybank Shares, save and except that they shall not be entitled to any dividends, voting rights, allotments and/or any other distributions that may be declared, made or paid to the shareholders of the Company, the entitlement date of which is prior to the date of issuance and allotment of the new Maybank Shares and will be subject to all the provisions of the Articles of Association of the Company relating to transfer, transmission or otherwise; (v) do all things necessary and make the necessary application at the appropriate time to Bursa Securities for the listing of and quotation for the new Maybank Shares which may from time to time be issued and alloted pursuant to the Proposed ESS; (vi) authorise the Company to provide money or other assistance (financial or otherwise) to enable the Trustee to subscribe for new Maybank Shares provided that the Company shall not provide such money or assistance (financial or otherwise) if it would be in breach of any laws of Malaysia; and (vii) modify and/or amend the Proposed ESS from time to time provided that such modifications and/or amendments are effected in accordance with the provisions of the By-Laws relating to modifications and/or amendments; THAT the Directors be and are hereby authorised to give effect to the Proposed ESS with full power to consent to and to adopt any conditions, variations, modifications and/or amendments in any manner as may be required by any relevant authorities and to deal with all matters relating thereto and to take such steps and to do all acts and things and execute all necessary documents in any manner as they deem necessary or expedient in order to implement, finalise and give full effect to the Proposed ESS; AND THAT the proposed By-Laws which is in compliance with the Main Market Listing Requirements of Bursa Securities (“Listing Requirements”), be and is hereby approved.”

ORDINARY RESOLUTION 2 PROPOSED ALLOCATION OF OPTIONS AND/OR GRANT OF MAYBANK SHARES TO DATO’ SRI ABDUL WAHID OMAR “THAT subject to the passing of Ordinary Resolution 1, the Directors be and are hereby authorised at any time, and from time to time, to offer and grant options to subscribe for Maybank Shares, and grant Maybank Shares of up to a maximum of 5,000,000 Maybank Shares to Dato’ Sri Abdul Wahid Omar, the President and Chief Executive Officer, and Executive Director of Maybank under the Proposed ESS as they shall deem fit, subject always to such terms and conditions of the By-Laws provided that: (i) not more than 50% of the Maybank Shares to be issued under the Proposed ESS are to be allocated in aggregate to Executive Directors and senior management of the Participating Maybank Group; and (ii) not more than 10% of the Maybank Shares to be issued under the Proposed ESS are to be allocated to any individual Eligible Employee who, either singly or collectively through persons connected with that Eligible Employee, holds 20% or more in the issued and paid-up capital of the Company and the term “person connected with” shall have the same meaning as that assigned under Paragraph 1.01 of the Listing Requirements; AND THAT the Directors be and are hereby authorised to issue and allot new Maybank Shares pursuant to the Proposed ESS to him from time to time pursuant to the exercise of such options.”

By Order of the Board MOHD NAZLAN MOHD GHAZALI (LS0008977) Company Secretary

30 May 2011 Kuala Lumpur

Notes: 1. A member entitled to attend and vote at the EGM is entitled to appoint a proxy to attend and vote in his stead. A proxy need not be a member of the Company. 2. A member may appoint more than two proxies to attend and vote at the same meeting. Where a member appoints two proxies, the appointments shall be invalid unless he specifies the proportions of his holdings to be represented by each proxy. 3. The instrument appointing a proxy shall be in writing under the hand of the appointor or his attorney or, if such appointor is a corporation, under its common seal or the hands of its attorney. 4. The instrument appointing a proxy shall be deposited at the office of the appointed share registrar for this EGM, Tricor Investor Services Sdn Bhd, at Level 17, The Gardens North Tower, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur not less than 48 hours before the time set for the EGM or any adjournment thereof.