News Release

DBS FACILITATES PUBLIC DONATION FOR THE VICTIMS OF
MYANMAR CYCLONE NARGIS

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Public can donate to Singapore Red Cross via iBanking,
900 DBS/POSB ATMs and 490 AXS stations

SINGAPORE, 9 May 2008 - DBS Bank today announced that it is making available its self-service banking channels for donations from the public to help the hundreds of thousands of victims of the Myanmar Cyclone Nargis.

"Almost every Singaporean currently has an account with either DBS or POSB and more than 1 million of them use DBS iBanking. Given our wide customer base, ATM and AXS network, we want to help the Singapore Red Cross raise money by making it convenient for customers to donate to this worthy cause. All donations to the Red Cross Myanmar Cyclone fund will be available to the Singapore Red Cross immediately," said Mr Rajan Raju, Managing Director and Head of DBS Consumer Banking Group.

From today onwards, DBS and POSB customers can contribute to "Red Cross Myanmar Cyclone" fund conveniently via the following channels:

1. Any of the 900 DBS/POSB ATMs located islandwide
2. DBS internet banking
3. Any of the 490 AXS stations

The Red Cross Myanmar Cyclone 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.

Continued Mr Raju: "We are saddened by the massive destruction caused by the cyclone in the Yangon region. As DBS expands its footprint in this region, we want to contribute to the humanitarian efforts of the relief agencies to our neighbouring country here in Asia. We also hope that other organisations will be encouraged to come forward to do their part as well."

This is not the first time DBS opened its self-service banking channels for a charitable cause. During the SARS outbreak in 2003, and during the aftermath of the killer tsunami that devastated coastal areas across South and Southeast Asia in 2004, DBS made available its Internet Banking and ATMs to facilitate customers who wished to contribute to the various funds to support the relief agencies then.

 

About DBS - Living, Breathing Asia
DBS is one of the largest financial services groups in Asia with operations in 16 markets. Headquartered in Singapore, DBS is the largest bank in the country as measured by assets, and a leading bank in Hong Kong. DBS' "AA-" and "Aa1" credit ratings are among the highest in the Asia-Pacific region.

As a bank that specialises in Asia, DBS leverages its deep understanding of the region, local culture and insights to serve and build lasting relationships with its clients. DBS provides the full range of services in corporate, SME, consumer and wholesale banking activities across Asia and the Middle East. The bank is committed to expand its pan-Asia franchise by leveraging its growing presence in mainland China, Hong Kong and Taiwan to intermediate the increasing trade and investment flows between these markets. Likewise, DBS is focused on extending its end-to-end services to facilitate capital within fast-growing countries in Indonesia and India.

DBS acknowledges the passion, commitment and can-do spirit in each of its 14,000 staff, representing over 30 nationalities. For more information, please visit www.dbs.com.