Issuance of structured covered sukuk by Asian Finance Bank Bhd ("AFB") in exchange with the existing structured covered sukuk issued by MBSB

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1. IB Press Release Service Published on :​ ​IslamicBanker.com Publications: ​https://www.islamicmarkets.com/publications   Issuance of structured covered sukuk by Asian Finance Bank Bhd ("AFB") in exchange with the existing structured covered sukuk issued by MBSB 30 March 2018 Unless otherwise defined herein, terms defined in the EGM Notice dated 29 December 2017 shall have the same meaning when used herein. Further to the announcement made on 22 January 2018 on the Proposed Sukuk Exchange, we wish to inform that a new structured covered sukuk will be issued by AFB on 2 April 2018 whereupon the AFB Structured Covered Sukuk will be exchanged with the MBSB Structured Covered Sukuk on the basis of RM1.00 nominal value of MBSB Structured Covered Sukuk with RM1.00 nominal value of AFB Structured Covered Sukuk ("Proposed Sukuk Exchange"). Please be informed that the Proposed Sukuk Exchange will be reflected in the FAST system on 2 April 2018 as follows:1. Full and Final Redemption of the MBSB Structured Covered Sukuk. The accrued profit for the MBSB Structured Covered Sukuk will be carried forward to the first profit payment date of the AFB Structured Covered Sukuk. Therefore, there is no cash settlement via FAST on 2 April 2018.For the avoidance of doubt, the redemption as reflected in the system is merely to facilitate the Proposed Sukuk Exchange. 2. New Issuance of the AFB Structured Covered Sukuk to be allotted to the MBSB Sukukholders via FAST. There shall be no cash settlement on FAST on the issuance of the AFB Structured Covered Sukuk on 2 April 2018. Please be notified accordingly.