SENIOR SAVERS EARN ADDITIONAL 38% CASH BONUS ON INTEREST

Kuala Lumpur, 21 June 2007 - Today, with more and more people starting families later in life, we have a generation of savers who aren't quite ready to retire as majority of them may have children who are still schooling.

As a fully integrated financial services group, Alliance Bank has a comprehensive range of products and services to cater to the different needs of its customers according to their life stage needs. And especially for those aged 48 years and above who are looking for higher interest rates for their retirement savings, Alliance Bank has relaunched its 38% Cash Bonus campaign due to popular demand.

"Inflation has elevated the cost of living and at the same time, impacted the purchasing power of the consumers. The 38% Cash Bonus campaign allows our customers who are rate-sensitive, to earn a better yield from their savings during a ninety-day promotional period between 1 June – 31 August 2007," said Liew Swee Lin, Alliance Bank's Group Head of Consumer Banking.

"At Alliance Bank, our Alliance Senior Savers Accountholders receive one of the highest rates in town. Alliance Bank's latest promotion on this product gives a bonus of 38% on interest earned and we are confident that this will encourage consumers to save more," adds Liew.

To qualify for an additional 38% Cash Bonus on total interest given during the three month campaign period, Accountholders need to maintain a minimum average balance of RM3,800 throughout the campaign period and must achieve a net increase of RM3,800 at the end of the campaign period.

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About Alliance Banking Group

Alliance Banking Group is a dynamic, integrated financial services group offering end-to-end financing solutions through it consumer banking, commercial banking, wholesale banking, Islamic banking, investment banking and stock broking businesses as well as unit trust and asset management, providing products and services that are suited for every customer at every stage of their life.

The Group has had five decades of proud history in contributing to the financial community in Malaysia with its innovative and entrepreneurial business spirit. It provides easy access throughout the country serving its broad base of customers via multi-pronged delivery channels including 79 retail branches, 12 Privilege Banking Centres, 19 Hire Purchase hubs, 23 Business Centres, 12 Investment Bank branches, 8 direct marketing offices and 3 unit trust agent offices located nationwide in a mix of rural and urban areas. Through strategic partnerships, the Alliance Banking Group is also able to offer customers to regional and global platforms.

The Group's aspiration is to be Malaysia's premier integrated financial services group delivering the best customer experience and creating long term shareholder value. Strategic alliances, enhanced group synergy, excellent technology and human capital will be the key to creating long term value for all stakeholders.

Alliance Bank is wholly-owned subsidiary of Malaysian Plantations Berhad.