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DBS avails self-service banking channels for donations to Singapore Red Cross

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Public can donate towards Indonesia’s earthquake victims via DBS iBanking and DBS ATMs

SINGAPORE, 31 May 2006 – DBS Bank announced today that it is making available its self-service banking channels for donations from the public to help the victims of the Indonesia earthquake that devastated Java on 28 May.

With effect from today, DBS and POSB customers can contribute to the "Red Cross Indonesia Disaster Relief" fund at any of the 818 DBS/POSB ATMs located islandwide. DBS internet banking (DBS iBanking) customers will also be able to donate to the fund online.

The Red Cross Indonesia Disaster Relief fund has been included as a billing organisation under the Bill Payment service and any customer wishing to make a contribution to the fund can do so by debiting their DBS or POSB account. The step-by-step guide is in the Appendix.

"As a member of the Asia community, DBS wants to play a part in supporting the humanitarian efforts of the relief agencies. We have a wide customer base and the largest ATM network in Singapore. Almost every Singaporean has an account with either DBS or POSB and more than 814,000 of them use DBS iBanking", said Mr Rajan Raju, Managing Director and Head of South & Southeast Asia, "We want to help the Singapore Red Cross raise money for this worthy cause by making it convenient for customers to donate."

This is the third time that DBS is opening its self-service banking channels for a charitable cause. During the Tsunami incident in 2004 and the SARS outbreak in 2003, DBS also made available its iBanking and ATM services to customers who wished to contribute to the Red Cross Tidal Waves Asia Fund and The Courage Fund respectively.

About DBS

Headquartered in Singapore, DBS is one of the largest financial services groups in Asia with almost five million customers and operations in 15 markets. The largest bank in Singapore and the fifth largest banking group in Hong Kong as measured by assets, DBS' "AA-" and "Aa2" credit ratings are among the highest in the Asia-Pacific region. DBS has leading positions in consumer banking, treasury and markets, asset management, securities brokerage, equity and debt fund raising. Beyond the anchor markets of Singapore and Hong Kong, DBS serves corporate, institutional and retail customers through its operations in China, India, Indonesia, Malaysia, Thailand and The Philippines. More information about DBS Group Holdings and DBS Bank can be obtained from our website, www.dbs.com.