Listed

SGX

Shares Issued

8,000,000

Issue Price

S$100 per share

Issue Date/Listing Date

22 November 2010

Liquidation Preference

S$100 per share

Maturity

Perpetual

Dividend

4.70% of Liquidation Preference p.a.

Payment Dates

Semi-annual: 22 May and 22 November

Credit Rating

A by S&P, A3 by Moody's, A by Fitch

Redemption

The preference shares may be redeemed, at the option of DBS Bank, on or after 22 November 2020 at an amount equal to the Liquidation Preference.

The preference shares may also be redeemed, at the option of DBS Bank, in the circumstances of a “Tax Event” or “Special Event”.

Please refer to the attachment for more information.

Attachment

Pg 7-16 of prospectus