CIMB GROUP AWAITING APPROVAL FROM THAI AUTHORITIES ON DOUBLE TAX

KUALA LUMPUR, Sept 22 (Bernama) -- CIMB Group, Malaysia's second largest
financial services provider, is now awaiting approval from the Thai authorities
on the double tax issue relating to its proposed dual listing exercise in
Thailand.

"We are the first do dual listing in Thailand. So, there are some issues to iron
out, in particular those relating to double tax between Malaysia and Thailand,"
its group chief executive Nazir Razak told reporters after the launch of the
bank's latest "2 Good 2 Be True Campaign" here Wednesday.

"We just have to wait the authorities to finalise the position on the tax. We
don't want our investors to get double tax," he said.

In filing to Bursa Malaysia (Malaysia Exchange) on Tuesday, CIMB Group said it
had applied to the Securities Commission for an extension of six months up to
April 6, 2011, to complete its proposed dual listing in Thailand.
-- BERNAMA