Bangkok--21 Nov--BAY Bank of Ayudhya Public Company Limited (BAY) offers fixed, low interest rate lending facilities to corporate customers to purchase machinery and equipment in order to enhance productivity or expand capacity with a choice of repayment terms of up to 5 years. A minimum transaction value is USD500,000 or equivalent is required. Mr. Virojn Srethapramotaya, Head of Corporate Banking, Bank of Ayudhya Public Company Limited, said that, with the baht continuing to strengthen over the foreseeable future and with current industrial capacity utilization in some sectors running at over 75%, BAY has launched a financial lending package to assist eligible large corporate customers in purchasing additional machinery and equipment for capacity expansion. The package offers fixed low-interest rates with repayment period of up to 5 years and no L/C issuance fee for minimum value of USD500,000 per transaction. The package is valid until March 31, 2008. Industries that will benefit from this program are food and drinks, paper, chemical, gasoline, construction materials, auto and parts, electronics, and electric appliances. For further details please contact Product and Business Development Department, Corporate Banking, at 0 2296 3725, 0 2296 2418.About Bank of Ayudhya Public Company Limited Bank of Ayudhya Public Company Limited [symbol in SET: BAY], established on January 27, 1945, is the fifth largest commercial bank in Thailand in terms of total assets. BAY provides a full range of banking services to both its commercial and individual customers through 566 branches nationwide. On 3 January 2007, BAY and GE Money, a premier global consumer financial services firm, successfully became strategic partners when GE Money took a 25.4% equity stake (fully diluted) in the Bank and subsequently increased its stake to 33% (fully diluted) on September 18. Plans are underway to leverage the synergies of both BAY and GE Money to help achieve BAY’s vision to become the most admired universal bank in Thailand. For media inquiries, please contact: Mrs. Yaowalak Poolthong Head of Corporate Communications and IR Tel: 02 296 3729 Fax: 02 683 1473 Email: [email protected]