Bangkok--28 Nov--TMB The shareholders of TMB Bank Public Company Limited, at their extraordinary general meeting today, approved the issue of an additional 25 billion shares to raise THB37.6 billion in new capital. According to the approved capital increase plan, TMB will allocate 10,970,893,359 new shares (equal to 25.2% of the Bank’s enlarged share capital if the capital increase is fully subscribed) to ING Bank N.V. at THB1.60 per share and a further 2,141,728,186 new shares (equal to 4.9% of the Bank’s enlarged share capital if fully subscribed) at a price of THB1.60 each to ING Support Holding N.V. through NVDRs. The Bank will allocate 5,586,994,825 new shares to the Ministry of Finance (MoF) at THB1.40 per share so the MoF will hold a 26.11% stake in TMB if the capital increase is fully subscribed. The remaining 6,300,433,630 new shares will be allocated to existing shareholders at a price of THB1.40 per share in the proportion of 0.4941 new share for each existing share held. The shareholders also approved a waiver for ING so it will not have to make a tender offer to purchase all other shares of TMB. The subscription period is expected to be from December 17-20, 2007. Mr. Somchainuk Engtrakul, Chairman of TMB Bank, said, “The participation of ING Group of The Netherlands in TMB’s capital raising will help strengthen TMB’s capital base and increase the Bank’s competitive edge.” TMB Bank Public Company Limited Founded on 8 November 1957, TMB Bank Pcl operates a commercial banking business under a license granted by the Ministry of Finance, and with consent given by the Bank of Thailand. It also operates a securities business licensed by the Ministry of Finance and agreed to by the Securities Exchange Commission. The Bank aims to respond to the needs of its clients through its 474 branch network, 109 foreign exchange centers, 1,745 ATMs, as well as its electronics banking systems. Its business encompasses commercial banking, offshore banking, investment banking, and other businesses as permitted by the regulatory authorities, including acting as an insurance agent for its alliance insurance companies. Listed on the Stock Exchange of Thailand, the Bank is the fifth largest, by total assets, in the Thai Banking System. As at 30 August 2007, its total assets are valued at 646,360 million baht. www.tmbbank.com TMB Bank: Better Partner, Better Value