Corporate Actions

30th June 2007

MTCC declared a dividend of Rf. 35 per share.

29th June 2007

STO declared a dividend of Rf.82 per share.

13th June 2007

BML made amendments to their Memorandum and Articles of Association to increase Authorized Share Capital of the Bank from Rufiyaa Three Hundred million (Rf. 300,000,000/-) to Rufiyaa Eight Hundred million (Rf. 800,000,000/-).

1st June 2007

BML announced Bonus Issue of five (05) Ordinary Share of Rf. 50/- each for every one (1) Ordinary Share of Rf. 50/- each held as at close of trading on 29th May 2007.

BML has split each of its ordinary shares of nominal value Rf300/- into 6 shares of Rf.50/- each and thereafter a bonus issue of 5 shares for every 1 share of nominal value of Rf50/- each.

BML’s board resolved to issue One Million (1,000,000) Ordinary Shares of Rufiyaa Fifty (Rf. 50/-) each at a share offer price of Rf. 143/- per share. The issue to commence from 15th July 2007.

31st May 2007

BML declared a dividend of Rf.150 per share.