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ACLEDA Bank Lao Launches the 12^th Branch

ACLEDA Bank Lao — Khammouane Branch

January 15, 2010

Khammouane — January 15, 2010 — ACLEDA Bank Lao Ltd. celebrates a Grand Opening ceremony of new branch, the twelfth office, in Khammouane province located at #124-125, 13 south road, Group 07, Noungbuakham village, Thakhek district, Khammouane province, Lao PDR.

ACLEDA Bank Lao Ltd is the first commercial bank from Cambodia to invest in the Lao PDR with a Paid Up Capital of Kip 100 billion holding by five shareholders:

• ACLEDA Bank Plc. Cambodia, holding shares of 39.90%
• FMO, Netherlands, holding shares of 25.20%
• Triodos-Doen, Netherlands, holding shares of 9.50%
• Triodos Fair Share Fund, Netherlands, holding shares of 9.50%
• IFC; a member of the World Bank Group, holding shares of 15.90%

Mr. PHON Narin, Managing Director & CEO of ACLEDA Bank Lao Ltd.

This is the fifth great event for ACLEDA Bank Lao Ltd. after we celebrated the Grand Opening of Headquarters and started its operation on July 08, 2008, the Grand Opening of Savannakhet and Champasak Branch in October, 2008 and the Grand Opening of Vientiane Branch in June 2009. This building is the twelfth office of ACLEDA Bank Lao and become the 243rd office if we include with ACLEDA Bank Plc., Mr. Narin PHON, Managing Director & CEO said.

All products and services of ACLEDA Bank Lao have remarkably increased in the last quarter of 2009. By the end of December 2009, ACLEDA Bank Lao has 4,071 loan customers with the value of loan outstanding of over US$12 million and 7,215 depositors with the balance of nearly US$14.4 million. The grand opening of new office of Khammouane Branch is another new step toward to expand branch network covering all provinces and towns of Lao PDR in the near future. Presently, we have 271 staff with 12 offices, one headquarters as operation office, 04 branches and 7 service units, he added.

ACLEDA Bank Lao Ltd. has been offering a full range of commercial and retail banking services to the customers from "family businesses" to small, medium scale enterprises and corporate such as:

• Loan: Small Business Loan, Medium Business Loan, and Personal Loan.
• Deposit: Savings Account, Current Account, Fixed Deposit Account, and Retirement Account.
• Money Transfer: Local Transfer and Overseas Transfer (SWIFT & Western Union).
• Trade Finance: Performance Guarantee and Bid Guarantee.
• Cash Management: Payroll, Foreign Exchange, Standing Order, Bank Confirmation, Cashier Checks, Traveller Checks, and Foreign Checks.