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ACLEDA Bank Plc. Increases Additional Capital of US$40,190,445

June 23, 2015

Phnom Penh — June 23, 2015 — ACLEDA Bank Plc., a leading commercial bank for all sectors, has announced today that it additionally injects capital by US$40,190,445 on top of its current registered capital of US$225,535,605. Therefore, the total registered capital of ACLEDA Bank Plc. is US$265,726,050.

ACLEDA Bank Plc. is 51% owned by Cambodian interests, including ACLEDA NGO and ASA, Plc., with the remaining 49% held by leading COFIBRED (12.25%), JSH Asia Holding Limited (12.25%), Triodos Sustainable Finance Foundation (1.5178%), Triodos Fair Share Fund (2.1814%), Triodos Microfinance Fund (2.5508%), Sumitomo Mitsui Banking Corporation (12.25%), and ORIX Corporation (6%). Please click here for more details about the Shareholders of ACLEDA Bank Plc.

The additional capital injection by US$40,190,445 will be contributed from stock dividend paid by the Bank. This is the 12^th time that ACLEDA Bank Plc. has raised its registered capital since it became a bank.

ACLEDA's Chairman, Mr. CHHAY Soeun, explained why the bank was seemingly always hungry for new capital, cited three principal reasons. "Firstly, ACLEDA continues to experience strong growth in its core domestic and overseas business with loans and other financial services and total assets increasing at more than 27% annually," he said. "Secondly, is to maintain our capital base at the upper level of the regulatory prudency ratios. The most important of all is the need to build public trust. By demonstrating that we have strong shareholders ready and willing to support the Bank we are creating confidence in our ability to protect our customers' savings."

Dr. IN Channy, President and Group Managing Director, said that the subsequent capital increase is for strengthening the competitive forces in the stage of integration in ASEAN market by the end of 2015, and playing role as ASEAN Bank in addition to its branch expansion locally and internationally, electronic bank infrastructure deployments and upgrading, and its growth to meet its strategic goals. ACLEDA Bank Plc. has increased the Net Profit After Tax (NPAT) to US$82.2 million in 2014 while 2001 NPAT was US$475,168. In addition to the calling on its shareholders for capital increases, the bank has been reserved its general reserves retaining between 50% to 60% of its Net Profit After Tax and reports that its current total net-worth has reached at US$462,796,098 by the end of May, 2015. As the leading commercial bank for all sectors, ACLEDA Bank Plc. always focuses on its customers' needs and determines to meet their needs in all segments for more than 23 years of experiences with 256 branches throughout Cambodia, 41 branches and offices in Laos and 6 offices in Myanmar, with the total assets over US$3.64 billion by the end of May, 2015.

"In 2015, domestically, here in Cambodia, we'll increase our ATM network to up 250 and installing 2,500 POS terminals. And we plan to open offices up to 260 throughout the country giving employment nearly 12,000 employees," he said. "We are also embarking on a substantial upgrade of our management information systems to cope with the growth of the banking and financial sector and in particular to support to widen operations in ASEAN Region and serve self-service."

Recently, ACLEDA Bank Plc. has four subsidiaries which are ACLEDA Bank Lao Ltd., ACLEDA Securities Plc., ACLEDA Training Center, and ACLEDA MFI Myanmar Co., Ltd.

For further information, please contact:

Dr. SO Phonnary
Executive Vice President & Group Chief Operations Officer
E-mail: phonnary@acledabank.com.kh

Mr. PROM Visoth
Executive Vice President & Group Chief Legal Officer and Corporate Secretary
E-mail: visoth@acledabank.com.kh