Press Release

Tuesday, January 19 2010

Bank CIMB Niaga Launches "X-Tra Fixed Rate 2 - Market Linked Deposit"

“Balanced high rates of interest and security for your fund placement”

Jakarta: Following previous successful launches of its Market Linked Deposit (MLD) products, PT Bank CIMB Niaga Tbk (“CIMB Niaga”) introduced today X-Tra Fixed Rate 2 – Market Linked Deposit, a rupiah fund placement designed to give 100% guarantee by CIMB Niaga for the basic value of transaction at maturity date with a fixed rate of returns (Disclaimer)*.

M. Fadzil, the bank’s Treasury & Capital Market Director, said, “This is our fifth MLD since 2007, the year when CIMB Niaga offered to the public Indonesia’s first rupiah MLD. X-Tra Fixed Rate – Market Linked Deposit was first introduced in June 2009, and favorable response from the market encouraged us to offer this X-Tra Fixed Rate 2 as an alternative funding product aimed to meet customers’ increasingly varied requirements. The new MLD gives fixed returns with a manageable risk rate and a 3-year term.”

The product offers attractive fixed returns of between 7.50% and 8.00% p.a. gross (indicative) for a placement of less than Rp 500 million, and 7.65%-8.15% p.a. gross (indicative) for a placement of or greater than and equal of Rp 500 million. Coupons are payable quarterly.

What makes the product attractive, Fadzil added, is the call back feature: the bank can call back the MLD on the date the quarterly coupon payment is due, starting from the second quarter payment date. Customers can therefore be certain that they will be paid a fixed rate for the next 6 months. Potential fixed returns for a period of 3 years are also available. Should the bank decide to exercise a call-back, customers will be paid 100% of the principal value plus an interest for the quarter that they are entitled to.

X-Tra Fixed Rate 2 will be on offer from January 19, 2010 to February 1, 2010 with a minimum transaction of Rp 50 million and any additional multiple of Rp 10 million. Prospective customers are welcome call any CIMB Niaga office for information on the structured product.

*Disclaimer:

After the date of the 2nd coupon payment, the bank reserves the right to call back the MLD on the date of any coupon payment.

About CIMB Niaga

Established under the name of Bank Niaga in 1955, CIMB Niaga, as a Surviving Bank, merged in November 2008 with PT Bank Lippo Tbk, at which 77.24% of the merged bank's shares are held now by the CIMB Group. The bank offers a comprehensive suite of both conventional and Islamic banking products and services through its 650 branches in major cities in Indonesia.

CIMB Group is Malaysia’s second largest financial service provider and one of the leading banking business groups in South-East Asia. Headquartered in Kuala Lumpur, its key regional offices are located in Singapore, Indonesia and Thailand. CIMB Group is also the majority shareholder of CIMB Niaga Indonesia, and the single largest shareholder of CIMB Thai in Thailand. CIMB Group is listed on the Bursa Malaysia via CIMB Group Holdings Berhad (formerly known as Bumiputra-Commerce Holdings Bhd).

For further inquiries, please contact:
Dina Sutadi
Corporate Communications Head
PT Bank CIMB Niaga Tbk
Tel: +62 – 21 250 5151 ext. 35104
Fax: +62 – 21 252 6749
Email: dsutadi@cimbniaga.co.id

Website: www.cimbniaga.com