Bangkok--16 May--SCB SCB subordinated debentures worth 20 billion baht have been fully subscribed by retail and institutional investors, a firm indication of continued confidence and trust in Siam Commercial Bank. With solid capital funds, SCB business expansion is ready to steer ahead. SCB President Kannikar Chalitaporn revealed that SCB issued subordinated debentures worth 20 billion baht in the form of 10-year bonds, with step-up rates ranging from 4.25-6.25% p.a. in order to raise funds for business expansion and future Tier 2 capital. The subscription was open from 12-14 May 2008 and received an impressive response from over 7,800 clients and investors nationwide. SCB deeply appreciates the bond subscribers’ high confidence and trust in the Bank’s position, as the 20 billion baht bonds were fully subscribed. The SCB subordinated debentures are rated AA- by Fitch Ratings, reflecting a high prospect of principal repayment and interest yields, coupled with the Bank’s capability of maintaining a solid financial position and consistent growth. The rating has supported public confidence in investing in SCB sub-debts. Wattanee Somchit (A) Manager, Press Relationship, Corporate Communications Office Siam Commercial Bank PCL. Tel : (0) 2544-4502 / (0)2544-4501-3 Fax : (0) 2937-7454DISCLAIMER: This e-mail is intended solely for the recipient(s) name above. If you are not the intended recipient, any type of your use is prohibited. Any information, comment or statement contained in this e-mail, including any attachments (if any) are those of the author and are not necessarily endorsed by the Bank. The Bank shall, therefore, not be liable or responsible for any of such contents, including damages resulting from any virus transmitted by this e-mail.